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Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

Cadillac relaunches in Europe with new models for 2011

Cadillac is relaunching in the UK after a disastrous year in which its European importer went bust locking its entire stock in the hands of the liquidators. Now Cadillac is back – and it’s promising a wider range of more relevant cars than before. However, the appeal in the UK will be stymied by the admission that only two models – the CTS saloon and estate – will be engineered for right-hand drive.

You're an NFL Draft pick. What's your new car?

The 2012 NFL Draft begins on Thursday night. All of the players selected in the early rounds have at least one thing in common--their personal financial situations are about to change drastically. With all of the workouts, interviews and travel that keeps potential draft picks occupied in the weeks leading up to the draft, it's not hard to imagine that some genuinely important life decisions are being pushed aside.