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Democrats cut deal on cash-for-guzzlers measure

Democratic lawmakers have proposed a cash-for-guzzlers bill that would provide vouchers of up to $4,500 to people who trade in cars and trucks for new, more fuel-efficient vehicles, Rep. John Dingell said. The measure, if approved by Congress and signed by President Barack Obama, would lead to about 1 million new-vehicle purchases, the Michigan Democrat said in a statement.

A look at future Cadillacs

Cadillac revealed another take on a future large, rear-wheel-drive car during the Pebble Beach weekend—the ultra-cool Elmiraj four-seater coupe. This is Cadillac's second such concept in a couple years, after it showed the Ciel convertible at Pebble in 2011. Yet we hear that the first production car to ride on the so-called Omega platform will be a sedan scheduled to arrive in 2015 as a 2016 model.

In memoir, Bush defends auto bailout to safeguard American jobs

Former President George W. Bush is defending his $17.4 billion bailout of the U.S. auto industry in his memoir, Decision Points.