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Magazine names Ford's Alan Mulally top CEO

Ford Motor Co. CEO Alan Mulally has been named CEO of the Year by Chief Executive magazine. What set Mulally apart, according to the selection committee, was not only leading the turnaround of an American icon without the government bailout funds given to its competitors, but also a mix of other behaviors and accomplishments.

2011 Cadillac CTS coupe revealed; V-Series model confirmed

Two-door Cadillacs have always had a special place in the hearts of enthusiasts of means, reinforcing the brand as a purveyor of personal luxury and performance. Now comes the latest in the lineage: the 2011 CTS coupe, which will be joined by a high-powered V-Series model. The first official photos of the car in production trim were released on Monday, and the car is the centerpiece for Cadillac's remade product line.

SEMA buys Performance Racing Industry

The Specialty Equipment Marketing Association (SEMA) on Tuesday finalized plans to purchase Performance Racing Industry, and the transaction will close later this month. John Kilroy, who has experience as editor and associate publisher of PRI Magazine and as vice president of the organization, will continue to lead it. For now, according to representatives from SEMA, it's business as usual.