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Here's what's really happening with the 2012 Cadillac XTS Platinum concept

Reports have surfaced this week that the Cadillac XTS Platinum concept has received the green light. That's not exactly true. We talked to Cadillac, and here's the inside dirt.

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Ram beefs up heavy-duty trucks for more towing

The Chrysler Group is upgrading its heavy-duty Ram pickups for the 2013 model to deliver what it says will be class-leading towing capacity. Diesel-powered versions also adopt selective catalytic reduction exhaust treatment to cut emissions and extend maintenance intervals. The automaker has also created a dedicated commercial vehicle team within the Ram brand to boost its business with fleet and work truck buyers.