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303

Most Powerful Cadillac Ever Prepares To Storm Detroit Auto Show

The 2016 Cadillac CTS-V arrives with a massive 6.2-liter, supercharged V8 engine, packing 640 hp and 630 lb-ft of torque. This means Caddy's baddest V model ever can sprint to 60 mph in just 3.7 seconds, on its way to a top speed of 200 mph. Here's everything we know about the beast so far.

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The US Treasury will come out ahead on its bailout of Ally Financial, unloading its final shares for an estimated $1.25 billion and bringing its total profits on the Ally rescue to $18.3 billion on a $17.2 billion investment. That's a net win.

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With the Russian ruble losing over 40 percent of its value since June, automakers are temporarily stopping sales in Russian until they can adjust prices, or see things stabilize.

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The General Motors ignition switch compensation fund has the macabre task of determining whether to pay settlements to those hurt by the automaker's faulty parts. The group, led by attorney Kenneth Feinberg, has been accepting claims since August 1, and the latest statistics have brought to light quite a grisly figure. It has now offered 100 people remuneration for injuries or deaths due to the bad switches.

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Given the volume of vehicles we're talking about, this is a significant development for GM's bottom line.

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The United Auto Workers union is about to enter a new round of negotiations with the Detroit Three automakers, and this time, the focus is on the end of the two-tier wage system.

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Since Takata has decided not to take the lead concerning potential issues with its airbag inflators, the automakers have. Perhaps that's unsurprising, since it's the automakers, not Takata, that will take a beating on the dealership floor if consumers decide its models are a health hazards. The Detroit News reports that Toyota, Honda, General Motors, Ford, Chrysler, Mazda, BMW, Nissan, Mitsubishi and Subaru met in a hotel conference room near the Detroit Metropolitan Airport last week to sort ou

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Some automotive assembly plants have test tracks on premises. We've even heard of a few that have test tracks on the roof. But at GM's Ellesmere Port factory in the UK, one driver performs his tests inside the factory, and has been doing so for the past half century.

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Is your car under recall?

The already record-breaking rate of automotive recalls this year shows no signs of slowing down, especially since millions of cars with defective airbags made by global supplier Takata are under further scrutiny.

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General Motors will lay off 450 employees at its Lansing Grand River factory, The Detroit News reports, which is 100 more than the company said it'd be letting go last month.

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Plants close all the time, but not in Germany. In fact, according to the latest report from TheDetroitBureau.com, there hasn't been an automotive assembly plant closed in Germany since the end of World War II – but one has closed now.

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Opel is getting big into small cars. With more versions of the stylish little Adam coming out all the time and the restyled Corsa just released within the last few months, the German automaker is now bolstering the bottom end of its lineup with the addition of the new Karl.

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The final winner of Motor Trend's prestigious Golden Calipers has been named, with the 2015 Chevrolet Colorado taking the title of 2015 Truck of the Year, likely shocking those who thought Ford's all-aluminum, next-generation F-150 would take the crown.

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The Auditor General of Canada recently issued a report that makes at least one thing clear: it doesn't know how effective Canadian government loans given to General Motors and Chrysler in 2009 were in ensuring the viability of both companies. That year, the Canadian and Ontario governments dished out $10.8 billion CAD ($9.6B US) to GM and $2.9 billion CAD ($2.6B US) to Chrysler, but hadn't yet sorted out precisely how the funds were to be used before disbursing them.

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General Motors has announced a recall covering 316,357 vehicles globally, due to the possibility of sporadic or permanent failure of the low-beam headlamps. 273,182 of these vehicles are in the United States, while the remaining affected units are in Canada, Mexico, and elsewhere.

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Complain loudly enough online about quality problems in your General Motors vehicle, and it might be noted by the automaker. Or you might get a call from CEO Mary Barra for feedback on the company. The strategy is part of a new initiative from the automaker to be more proactive about fixing small issues before they grow into a year like 2014, with over 26-million recalled autos from GM in the US.

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A woman in Texas is celebrating a cleared criminal record after being exonerated in a fatal crash now linked to General Motors' faulty ignition switches. Candice Anderson was driving a Saturn Ion in 2004 when she struck a tree. The incident injured her and killed her boyfriend in the front passenger seat. When investigators found no skid marks or signs of evasion and a small amount of Xanax in her system, Anderson was indicted on a charge of intoxicated manslaughter and eventually pleaded guilty

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General Motors may be an American automaker first and foremost, but it can see straight into Windsor, Canada from its Renaissance Center headquarters on the Detroit River, and has considerable operations in the True North. And now, GM's Canadian division (headquartered in Oshawa just outside of Toronto) has a new director to run its operations.

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Lengthy vehicle development times make it difficult for automakers to cut and run from the supplier.

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General Motors is facing even more legal trouble after recalling roughly 26.6 million vehicles in the US this year. The latest case comes from the Arizona Attorney General and alleges that GM executives knew about the problems with its models but avoided disclosing them to the public. At its maximum, the suit could force the automaker to pay $3 billion.

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Sedan And Coupe Pack 455 HP, 0-60 In 3.9 Seconds

The first details about the 2016 Cadillac ATS-V recently hit the web ahead of the official debut at the 2014 Los Angeles Auto Show. Now, the latest model to wear Caddy's high-performance V moniker is officially official, and the specs are even better than initial rumors suggested.

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