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Myths, facts and the Chevy Volt

The election is less than two months away, so it must be time to bash the Chevy Volt. I’m referring to a Washington Post piece titled “GM’s vaunted Volt is on the road to nowhere fast.” I cite the Post piece only because it’s the latest; there have been other similar pieces in other quote-unquote mainstream media outlets. For the most part they trot out the same old arguments.

Ferrari sold for record £22 million

A RARE FERRARI has been sold at auction for a record price of £22.84 million. One of just 39 models made and regarded as one of the greatest Ferraris, the 1962 Ferrari 250 GTO Berlinetta went under the hammer at Bonhams' auction in Carmel, California. A huge crowd watching the bidding broke into applause at the confirmation of the final price, which outdid the previous record for a car sold at auction.

A look at Cadillac future products

General Motors has green-lighted the development of a large flagship sedan for Cadillac, sources say, part of its plan to position its luxury brand's lineup to take on the German luxury stalwarts in every key sedan segment. The flagship sedan is to be built on a new rear-wheel-drive platform and arrive by 2015. The long-rumored rwd flagship would challenge the BMW 7-series and Mercedes-Benz S-class and is a key to GM's ambitions to expand Cadillac in China.