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Cadillac sets the base price for the 2011 CTS-V wagon at $62,990

Prices for the 2011 Cadillac CTS-V wagon will begin at $62,990, including destination charges. Available with either a six-speed manual or a six-speed automatic transmission, the CTS-V is powered by a 6.2-liter V8 delivering 556 hp and 551 lb-ft of torque. Options include Recaro heated and ventilated driver and front-passenger seats ($3,400); 19-inch aluminum wheels ($800); midnight Sapele wood-trim package ($600), and a suede steering wheel and shifter ($300).

Cadillac S-class fighter confirmed

General Motors CEO Dan Akerson recently revealed to USA Today that a new Cadillac S-class and 7-series fighter is in the works. He suggested it would be released in about two years. The large luxury sedan will utilize a rear-wheel-drive chassis loosely based on the CTS, though there will also be an all-wheel drive version.

Cuba loosens some limits on selling cars

For decades, driving down the streets of Cuba was like entering an automotive time warp. The streets are full of cars from the 1950s, and there's virtually nothing modern. But with an announcement by President Raul Castro last week, the strict rules are going to be relaxed a bit, and Cubans and foreign residents now have the right to buy and sell cars made after 1959.