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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.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Mercedes S-Class AMG Sport Edition – it’s another S-Class run-out special

The Mercedes S-Class AMG Sport Edition is another ‘final’ S Class model with extra equipment as the W221 comes to the end of its shelf life. The current Mercedes S-Class (W221) has been with us since 2006, despite which it’s still a fine car (and a great secondhand buy), but it’s about to be replaced by an all new S-Class. That’s why S-Class sales are falling and why Mercedes has rolled out the S-Class Grand Edition and CL Grand Edition to persuade buyers that a new S-Class (or S-Class coupe, in the case of the CL) is still a good place to park a sizeable chunk of change.