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2014 Cadillac XTS adds new twin-turbo V6

Cadillac is adding a new 420-hp, twin-turbo 3.6-liter V6 as an option for its XTS sedan for 2014. General Motors unveiled the engine back in March, confirming that it will be an option on the new-for-2014 Cadillac CTS, and recent Cadillac press materials confirm that the engine option will be expanded to the XTS. The all-aluminum engine makes use of direct-injection technology and is the highest-output V6 in GM history.

Marcello Gandini laments today's 'fake' concepts

Marcello Gandini has branded current concept cars fakes and "little more than maquettes" in an interview about Bertone's extensive concept car history. The enigmatic designer, whose work with the design house stretches back to the late ‘60s, expressed his dislike of today's "fiberglass cars" and claims they can't hold a candle to the well-built concepts of old. He praises Nuccio Bertone's vision and his insistence on producing fully working, "almost driveable" concepts throughout the coachbuilder's existence.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.