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Cadillac to auction first '14 CTS V-Sport to charity

General Motors said Wednesday that it will be donating the first production model of the 2014 Cadillac CTS V-Sport to the SAE Foundation. The car will then be auctioned at Barrett-Jackson later this year with the proceeds going to the foundation's science, technology, engineering and mathematics student programs. The CTS V-Sport, or as Cadillac officially spells it, Vsport, was revealed earlier this year at the New York Auto Show.

Chevy to sponsor 2011 Woodward Dream Cruise

UPDATED: One of the most iconic American brands has signed on to present one of America's greatest celebrations of sheetmetal. Chevrolet and Detroit's Woodward Dream Cruise announced on Thursday afternoon a sponsorship agreement expected to run for at least three years, starting this summer. The deal is for more than $1 million and covers support services, cleanup and police.

Lotus announces partnership with Mansory

Group Lotus has announced its new collaboration with Mansory, which will become its official customization studio. The German tuner will be contributing bodywork, trim and special finishes for the Elise, Exige and Evora in yet another controversial strategic decision for the UK company. Lotus confirmed the first fruits of this new partnership will be the unveiling a new model variant at September's Paris motor show, two years after the highly ambitious announcement of five new models of which the first is yet to become reality.