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Consumer Reports' Luddites strike again

I am a technological wizard. At least that's the conclusion to which I've come after reading the January issue of Consumer Reports, which calls Cadillac CUE, the automaker's new infotainment system, “maddening.” After all, I had figured out CUE in a matter of minutes while acclimating myself to our Best of the Best ATS sedan last month. CUE, short for Cadillac User Experience, uses a touch-sensitive screen, capacitive switches and tactile, vibrating feedback to help drivers perform various functions.

Former General Motors CEO Robert Stempel dies

Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77. "Bob was a very popular chairman with employees, and his many accomplishments as a visionary engineer included leading the development of the catalytic converter, one of the great environmental advancements in auto history," GM said in a statement. "His knowledge of battery development led to the push for the EV1 electric car, and Bob continued to build his expertise in the electrification of the automobile after he left GM in 1992." Stempel died Saturday in Florida, the Detroit News and Detroit Free Press reported Monday night.

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.