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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.

Volkswagen to enter F1?

VW already competes in Formula Three But we’re hearing reports that VW is considering going in to Formula 1 which – with manufacturer teams leaving willy-nilly – does perhaps seem a bit odd. And VW has no F1 history to speak of. Yes, Auto Union did participate in Grands Prix pre-war, Porsche had a very minor bash decades ago and Lamborghini has offered up a few engines for other teams.

Autoweek's Vinsetta Garage premieres tonight on the Velocity Network

Join host Courtney Hansen and a collection of the most interesting and insightful names in the car world on Tuesday, Jan. 3, as Autoweek's Vinsetta Garage premieres on the Discovery Channel's new car-centric Velocity Network. The show, named after an iconic Detroit-area repair shop, will air on Tuesdays at 8:30 p.m., bringing you automotive tales well told thanks to Autoweek's unparalleled access and expertise.