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General Motors' small Cadillac will take aim at the BMW 3-series

The new Cadillac model that General Motors announced today will be aimed at the smaller models produced by BMW, Mercedes-Benz and other luxury brands. The rear-drive Cadillac is expected to be called the ATS and to arrive in showrooms in 2012 or early 2013, according to industry sources. “We will have a car positioned below the CTS in our lineup to compete with the BMW 3 Series and Mercedes-Benz C class.,” said Nick Twork, a Cadillac spokesman, during a telephone interview.

Sergio Marchionne’s Dodge Challenger to be auctioned for charity

Chrysler CEO Sergio Marchionne will auction his personal 2011 Dodge Challenger SRT8 392 at the Barrett-Jackson auction in Palm Beach, Fla. in April. The Challenger is painted in Pitch black accented with charcoal racing stripes hand-laid by SRT designers, and all proceeds from the sale will benefit the United Way for Southeastern Michigan charity.

Green car of the year finalists chosen

Green Car Journal named its top-five green cars for 2014 on Thursday, tapping the Audi A6 TDI, BMW 328d, Mazda 3 hatchback, Honda Accord and the new Toyota Corolla as its finalists. The winner will be announced at the LA Auto Show. Green Car likes the Audi A6 TDI due to its unexpected performance in a high-efficiency vehicle.