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The Petersen Museum isn't going belly up

I hate writing columns like this, the kind where one media outlet calls out another's mistakes. There but for the grace of God go I and all that… But the shrieking and hysteria over the Petersen Museum in Los Angeles going to hell in a handbasket -- that's what the LA Times reported -- is over the top, and it's turned into a fiasco. Here's the background.

Porsche 918 Spyder to get 875bhp to take on McLaren P1 & LaFerrari

The Porche 918 Spyder – Porsche’s hybrid supercar – is to get a power boost and go on a diet to better compete with the McLaren P1 and LaFerrari. But the duo of hybrid supercars at Geneva will become a trio at the Frankfurt Motor Show in September when the Porsche 918 Spyder gets revealed in final production form before heading for a select group of customers in 2014. It does seem to have taken Porsche quite a while to get the 918 Spyder in production-ready guise  but it seems they may have been waiting to see what McLaren and Ferrari had up their collective sleeves before settling on a production specification for the 918 Spyder.

Cadillac XTS aimed at luxury-import owners

It is a small niche, but an important one for Cadillac as it prepares to launch the XTS sedan. The industry calls it the "black car" business. The Cadillac XTS sedan will hit dealer showrooms next year in late spring or early summer.