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Reuss: GM considering 'something really fun' for Buick

Buick dealers still salivating over the Riviera concept that General Motors unveiled at last month's Shanghai auto show should take a deep breath: There's little chance that the flashy coupe will ever grace a Buick showroom. But they should view the Riviera -- which GM says points to the brand's design direction -- as a signal that GM is serious about adding pizazz to the Buick lineup now that the 110-year-old brand, which barely survived GM's bankruptcy four years ago, is getting comfortable in its born-again skin. "We've very carefully built Buick back to a brand that has respect," GM North America President Mark Reuss told Automotive News.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Bonkers KTM X-Bow GT with 435hp

KTM’s X-Bow is the Austrian firm’s answer to the Caterham Seven – a lightweight, two-seater track car that makes no sacrifices when it comes to luxuries. Which is why KTM added a bit more in the way of creature comforts (including a windscreen) for its more relaxed ‘GT’ model. And now German tuners Wimmer Rennsporttechnik have got their hands on the X-Bow GT, playing with the engine to turn up the heat… Please click on the image above to read more on the KTM X-Bow GT by Wimmer Rennsporttechnik…