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Krafcik says US Gov. shutdown is slowing Oct. auto sales

The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai's US sales unit, and could lower October sales by as much as 10 percent, Automotive News reports. "It's that anxiety that keeps customers, potential buyers, on the sidelines when making a big purchase like an automobile," Krafcik says, adding that industry sales could be off by five to 10 percent in October compared to September.
The fourth quarter, which started October 1, usually consists of increased auto sales as dealerships clear their lots to make room for the next year's models. Leading up to the fourth quarter this year, the auto industry was doing well in the fragile, recovering US economy, although September deliveries decreased by 4.2 percent, due in part to this year's Labor Day sales being recorded for August.
To help its customers, Hyundai announced it is deferring new-car loan and lease payments for furloughed federal workers until they're called back to work and also offering them a three-month payment deferral if they buy a new Hyundai in October. "We have already had requests from over a thousand people to have their payments deferred," Krafcik says.

2015 Lexus RC 350 F Sport snarls in Switzerland with darkened demeanor

Lexus is finally ready to return to the coupe market with the new RC, and while we already saw it in Detroit, it brought the new RC 350 F Sport version for the Geneva Motor Show.
The car packs 306 horsepower and 277 pound-feet from its 3.5-liter V6 and is meant to sit between the standard RC 350 Sport Coupe and the full bore RC F.
Most obvious when you glimpse the coupe is the more aggressive spindle grille with a new mesh treatment and dark, 19-inch F Sport wheels. The interior also receives a host of upgrades with Rioja Red leather and Silver Performance trim, plus perforated leather trim on the steering wheel and shift knob. There is a bit of LFA inspiration as well with the F Sport getting its moving center ring instrument display. It is not all about better style though because the coupe also gets adaptive dampers and an optional four-wheel steering system.

Lexus RC F GT3 Racing Concept threatens to go racing

In case you needed more proof that the Lexus RC F is a statement car intended to scream "This is not your father's brand" (yes, we're paraphrasing the tagline of another automaker), here it is: the Lexus RC F GT3 Racing Concept. Lexus introduced a GT500-spec version of the RC F at the Tokyo Auto Salon last month, but this GT3-spec entrant and its Reading Rainbow paint job will get to show off at the Geneva Motor Show to whet the appetites of European racing outfits.
Although referred to as a concept, it will shake that name off when it completes a season of testing this year. Next year, Lexus will make it available to paying customers, and says the car will be cleared to race in the Occident and in Japan's Super GT series alongside its GT500 cousin.