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Cadillac CTS Coupe, CTS-V (2008): first official pictures

By Ben Oliver First Official Pictures 16 January 2008 04:07 Cadillac showed three major new models at Detroit, and pulled off one of the show’s few surprises by keeping its new CTS Coupe completely secret until it was officially unveiled. It also revealed the 550bhp CTS-V and the Provoq small SUV concept (see separate story). Although branded as a concept, the striking, angular two-door four-seat CTS Coupe will come to Europe in 2010 and will come here because it is based on the CTS saloon platform which will be offered in right-hand drive in the UK and other overseas markets.

Final 16 contestants in U.S. GT Academy to compete at Silverstone in June

The remaining 16 contestants in the U.S. GT Academy will head to England's Silverstone circuit for a weeklong boot camp in June, Sony Computer Entertainment America and Nissan North America said Wednesday. The GT Academy began with 53,000 registrants who competed for the opportunity to race for Nissan in an undisclosed event.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.