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Cadillac CTS-V Sport Wagon (2010) first official pictures

This is the Cadillac CTS-V Sport Wagon, with a 6.2-litre supercharged V8 and an even bigger boot. That’s right, only in the V-series range of CTS Caddies it’s detuned from the ZR1’s 638bhp and 604lb ft to 556bhp and 551lb ft. Still, that’s more power than the M5, XFR, E63 or Panamera Turbo can muster.

Ford gets the 1965 Mustang ready for the racetrack

When a pair of 1965 Ford Mustangs served as pace cars for the 1964 Indianapolis 500, the car -- which had made its debut just a few weeks before -- was kicking off an exciting motorsports career that continues to this day. In the April 25, 1964, issue of Competition Press and Autoweek, we shared news (relayed to us by none other than Lee Iacocca) of the Mustang's racing ambitions. At the time, the competition schedule included the Midnight Sun road rally in Sweden, the Alpine rally in France and Spa-Sofia-Liege rally, which ran between Belgium and Yugoslavia.

Porsche to add 1,000 employees

To keep pace with its planned model expansion and sales targets, Porsche AG will add more than 1,000 employees by 2015, Automotive News Europe has learned from Volkswagen Group sources. About 500 jobs will be added for production of Porsche's new compact SUV, codenamed the Cajun, which will go on sale in 2013 in Europe and in North America about six months later. Porsche's supervisory board will make a decision on the production location of the Cajun in mid-March.