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GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Opel Insignia Sports Tourer wagon spotted near GM's proving grounds

Just like my parents used to say, “You can't get anything by us, we have eyes everywhere.” Ominous threats aside, GM's European unit Opel tried to sneak an Insignia Sports Tourer station wagon onto the roads of Michigan. Luckily our roving eyes spotted the car--complete with turbo badges--and sent some photos back to the mothership. A wagon version of the European sedan has been spotted on Michigan roads before.