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Redesigned Cadillac CTS to debut at New York auto show

Cadillac will debut the redesigned CTS sedan at the New York auto show in late March and put the car on sale this fall. The redesigned Escalade SUV is set to arrive in early 2014. The brand is targeting a retail sales jump of about 35 percent this year, General Motors executives told dealers Sunday at the National Automobile Dealers Association convention in Orlando, Fla.

GM sells Suzuki shares to raise emergency funds

By Tim Pollard Motor Industry 17 November 2008 15:24 GM is flogging its entire stake in Suzuki to pump cash into its survival funds. The General owns a 3% holding in Suzuki Motor Corporation and will sell 16,413,000 shares on the open market tomorrow. Based on today’s values, GM will raise an estimated £154 million through the sale, although Suzuki will exercise an option to buy back an equivalent number of its own shares in treasury stock.

Ford technology could recognise your face

Does your car know who’s driving it? It may do in the future – as Ford is working on technology that can recognise your face. The carmaker has teamed up with technology experts Intel to use sensors inside the car that can identify individual people, and adapt settings to that driver’s preferences.