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Trademark filing suggests Infiniti plans ‘performance line'

Nissan North America Inc. has taken legal steps to create a performance segment for its Infiniti Division product line, similar to its larger luxury rivals Mercedes-Benz and BMW. Nissan has filed for trademark protection for the names “IPL” and “Infiniti Performance Line,” according to documents on file with the U.S.

Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.

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.