Redesigned Cadillac CTS to debut at New York auto show

Cadillac will debut the redesigned CTS sedan at the New York auto show in late March and put the car on sale this fall. The redesigned Escalade SUV is set to arrive in early 2014. The brand is targeting a retail sales jump of about 35 percent this year, General Motors executives told dealers Sunday at the National Automobile Dealers Association convention in Orlando, Fla.

Selling in the Motor City: RM Auctions hawks muscle cars, classic sheetmetal and even a boat at Detroit event

The steering wheel in a 1960 Cadillac Eldorado Biarritz convertible is surprisingly thin. It's oversized and humongously circular, but still startlingly narrow considering it directs a very bargelike Caddy. Oh, and the seats are fairly comfortable.

Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.