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New Cadillac ATS to take on BMW 3 Series (+video)

Cadillac ATS - sorted at the Nurburgring GM has revealed that their new compact Cadillac ATS will debut at the Detroit Auto Show in January and go on sale in late 2012 as a 2013 model. The idea, just a few short years ago, that Cadillac could build a car that was capable of making the Germans look over their shoulder would have been laughable. But the new Cadillac ATS – debuting at Detroit in January – could do just that.

Tesla Model S hits the UK second-hand market – at a premium

You can have a Tesla Model S now, but it’ll cost you The Tesla Model S is now, finally, starting to the UK in RHD, and it offers, for the first time, an electric powertrain that comes very close to offering the same convenience in use as a normal ICE car. True, it’s a far from cheap car to buy – prices start from around £50k and go up to around £100k if you throw caution to the wind and spec up almost everything on the Model S options list. But despite the steep prices, the Model S can be something of a bargain, especially if you’re a business user.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.