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Cadillac sets the base price for the 2011 CTS-V wagon at $62,990

Prices for the 2011 Cadillac CTS-V wagon will begin at $62,990, including destination charges. Available with either a six-speed manual or a six-speed automatic transmission, the CTS-V is powered by a 6.2-liter V8 delivering 556 hp and 551 lb-ft of torque. Options include Recaro heated and ventilated driver and front-passenger seats ($3,400); 19-inch aluminum wheels ($800); midnight Sapele wood-trim package ($600), and a suede steering wheel and shifter ($300).

Crash injuries force Franchitti to retire

SCOTTISH RACING STAR Dario Franchitti has been forced to retire after suffering a number of injuries in a high-speed crash during a race in the US last month. The four-time IndyCar series winner spent five days in hospital after suffering concussion, a fractured vertebrae and a broken ankle in the last-lap crash at the Grand Prix of Houston in Texas. Franchitti, originally from Bathgate, West Lothian, said he had taken the decision based on medical advice.

SRT Viper production halted amid slow sales

Chrysler has made the decision to suspend production of the SRT Viper for a least two months, citing slow sales. The move is expected to result in layoffs of 91 hourly workers at Chrysler's Conner Avenue Assembly plant in Detroit. Back in October of 2013, Chrysler cut Viper production by a third, citing slow sales and growing inventories.