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Cadillac to auction first '14 CTS V-Sport to charity

General Motors said Wednesday that it will be donating the first production model of the 2014 Cadillac CTS V-Sport to the SAE Foundation. The car will then be auctioned at Barrett-Jackson later this year with the proceeds going to the foundation's science, technology, engineering and mathematics student programs. The CTS V-Sport, or as Cadillac officially spells it, Vsport, was revealed earlier this year at the New York Auto Show.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

First Sight: Volvo Concept Coupé

It's clear talking to the team responsible for the Volvo Concept Coupé this isn't just 'another concept car'; it's a manifesto for where the sole remaining Scandinavian car brand is heading. It marks a new dawn for the company by introducing a new platform, range of engines and design language devised by Thomas Ingenlath. Car Design News traveled to Volvo's design studio in Gothenburg to see the car and speak to the team behind it ahead of its official unveiling in Frankfurt.