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Armor-plated SUV among extravagant debuts at Top Marques Monaco show

While AutoWeek editors were pounding the pavement at the New York auto show last week, the world's silly rich were nodding polite approval at the Top Marques Monaco show. Included in the debuts were Gemballa, Fisker, Keating, Tirrito and Conquest, the latter of which showed off a ridiculously large, armor-plated SUV called the Knight XV that reportedly took organizers three hours just to maneuver it through the hall doors. Lest we forget that we're all human, Top Marques Monaco also had its “Black Friday at Wal-Mart” moments: According to organizers, Gemballa's world premiere of the Tornado was cut short after it was purchased “within 16 seconds of the show doors opening by a sheikh eager to have a piece of the action.” Full wrap-up release from Top Marques Monaco below.

GM to build small Cadillac in Michigan

UPDATED -- General Motors Co. will spend $190 million in a Michigan plant to build a small sedan for Cadillac, the automaker said Thursday. GM CEO Dan Akerson made the announcement at the Lansing Grand River assembly plant.

‘Nemesis’ breaks UK electric car speed record

An electric car – based on a second-hand Lotus Exige – has broken the UK electric car speed record with a speed of 151.6mph. We’re not entirely sure how relevant a new UK speed record for an electric car is, but let’s be parochial and report it anyway. The ‘Nemesis’ is an electric car built round a second hand Lotus Exige, bought off eBay, by a team of engineers in a shed in Norfolk and driven by an Estate Agent from Gloucestershire.