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2011 Cadillac CTS coupe is revealed, and a V-Series model is confirmed

Two-door Cadillacs have always had a special place in the hearts of enthusiasts of means, reinforcing the brand as a purveyor of personal luxury and performance. Now comes the latest in the lineage: the 2011 CTS coupe, which will be joined by a high-powered V-Series model. The first official photos of the car in production trim were released on Monday ahead of its showing at the Los Angeles auto show, and the car is the centerpiece for Cadillac's remade product line.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Ferrari FF technology focused on performance, less weight

At 660 hp, the Ferrari FF matches the horsepower output of the 2002 Enzo, becoming the most powerful production Ferrari ever. The company built just 349 units of the Enzo from 2002 to 2004, while Ferrari plans to build about 1,000 FFs a year. Other technical innovations introduced by Ferrari on the FF: -- The company's patented four-wheel-drive system, called 4RM.