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Cadillac ELR

Cadillac has revealed the ELR: a production version of the highly-acclaimed Converj concept revealed at the 2009 NAIAS in Detroit. The new luxury coupe will be equipped with extended-range electric vehicle technology – essentially a T-shaped lithium ion battery powering an electric drive unit mated to a a four-cylinder engine-generator, which propels the car when the battery's energy is low. "There's no mistaking it for anything but a Cadillac, an aggressive, forward-leaning profile and proportion showcases a uniquely shaped, modern vision of a personal luxury 2+2," said Ed Welburn, GM vice president, Global Design. Welburn also stated that the Converj concept sparked the idea of combining the desirability of a grand touring coupe with electrification.

Video: Possible new Pantera spotted in Italy

A YouTube video shows what appears to be the newest evolution of the hallowed De Tomaso Pantera. Caught leaving the De Tomaso factory in Grugliasco, Italy, the heavily camouflaged two-door coupe did not muffle the brawny engine sound. The rumor mill is speculating about a V8 powerplant sourced from Ford, like the original, and an aluminum body.

Mexico plant to build Honda Fit for U.S. market

Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.