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GM prepares to announce Pontiac closure next week

General Motors is preparing to announce early next week that the Pontiac brand will be eliminated, said a source familiar with the company's plans. The announcement will be made as part of an updated viability report to the U.S. auto task force, the source said.

Subaru FT-86 – Turbo and 4WD

Rendered speculation on the Subaru FT-86 Toyota brought the FT-86 – a 2 door coupe concept that may well see the return of the Celica name – to the Tokyo Motor Show this month. Designed to be an affordable coupe – and designed in collaboration with Subaru – it looks a promising new car. But we’ve seen no real detail on the other part of the equation – the Subaru FT-86 (know internally as the 216A).

Cadillac CTS-V priced to undercut M5, XFR

By Gareth Evans Motor Industry 21 January 2009 10:17 Cadillac’s new CTS-V supersaloon – claimed to be the be the most powerful Cadillac ever built – will undercut its European competition by several thousand pounds. Prices will start at £56,495, positioning the new Cadillac CTS-V just below the new Jaguar XF-R (£59,900) and comfortably undercutting German rivals such as the BMW M5 (£63,325) and Audi RS6 (a fulsome £74,550). Performance figures for the CTS-V make interesting reading, with 60mph being dispatched in 3.9 seconds and a top speed of 191mph for the manual car (175mph for the automatic).