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GM to drop plans for range-topping Cadillac sedan

General Motors has decided to deep-freeze a range-topping ultraluxury sedan it was developing for Cadillac, according to three people with knowledge of the company’s plans. GM executives recently concluded that the rear-wheel-drive car, which would have been a low-volume showstopper priced well north of $100,000, didn’t offer enough brand-building pizzazz to justify the investment, the sources said. Designers recently were taken off the program and reassigned.

Radical new group-based car insurance scheme

REX Innovation and car insurance aren’t entirely strange bedfellows. After all, the concept of ‘black box’ insurance that uses a device to monitor you as you drive has taken off so fast it could well become mandatory in the future. But it’s still unusual to come across something truly revolutionary.

Ford Model A foundation makes funding push to get museum launched

More than 4 million copies of the Ford Model A were produced from 1927 through 1931. As the Model T's acclaimed successor, it evolved into nine different body styles. More than 80 years later, there are more than 100,000 Model As said to still be out there, but owners and early collectors are thinning out.