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Cadillac ATS (2012) compact exec unveiled at Detroit show

Cadillac took the wraps off the new compact Caddy, the ATS, at an event on the eve of the 2012 Detroit auto show. The new Cadillac ATS is essentially a BMW 3-series rival meeting all the design and engineering criteria of the larger Cadillacs. Cadillac ATS: what's new The ATS is like a baby CTS - the Art and Science design credo has been upheld, with sharp creases and pressed body surfacing to give it the Cady look.

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Chrysler adds sporty S trim features to the 200 sedan and convertible

Chrysler is looking to add a little sport to the Chrysler 200 sedan and convertible with the addition of the S trim line. Don't expect anything too extreme--the S package consists of some interior and exterior upgrades, and a few suspension revisions. Changes include unique 18-inch wheels with painted black pockets, a grille with an S model-only winged badge and black background headlights.