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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Cadillac ATS coupe bows at Detroit auto show

Cadillac's ATS range grows into an even stronger BMW 3-series/4-series competitor with the introduction of the coupe model, which marks the first time GM's luxury division has taken the plunge into the compact luxury coupe segment. The ATS coupe's 109.3-inch wheelbase is shared with its sedan brethren, but wears a lot of its own bodywork including a unique roof, doors, fenders, trunk lid and front fascia to not only give the coupe its own distinctive look, but to dress the wider track the coupe gets over the sedan. The ATS Coupe will be the first production Caddy to wear the division's new crest when it goes on sales this summer.

Scott Bailey, Automobile Quarterly founder, dies at 87

Scott Bailey founded Automobile Quarterly in 1962. The hardbound publication became a respected voice on all subjects automotive and an important chronicle of automotive history. While the story of the automobile is often more folkloric than factual, Bailey's belief in scholarship helped forge a solid, reliable record that might otherwise have been lost.