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Cadillac introduces ATS Crimson Sport Edition

The already sleek Cadillac ATS will get a limited-production Crimson Sport special edition this spring. The deep red exterior metallic paint is just one of the upgrades to the standard ATS. Inside the Caddy, four unique interior options will be available: red with black accents, caramel with black accents, black on black and platinum with black accents.

Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Fisker battles problems as the Karma finally lurches toward launch

All Henrik Fisker wants is to build his plug-in hybrid cars and deliver them to customers--some of whom have been waiting three years since plunking down $5,000 deposits. Instead, he has been fending off criticisms aimed at his green-car company as shipments of his $103,000 Karma plug-in hybrid sedan have been delayed by cash flow troubles, regulatory snarls and a recall. But when a startup such as Fisker Automotive accepts a Department of Energy loan in a down economy, having the company tossed around like a political football comes with the territory.