Niagara Gazette — Source: www.boldride.com
Next-Gen Cadillac CTS-V to crank out 600HP
The Cadillac CTS-V is one of the favorite cars on the market today. It’s a combination of performance and luxury that has set records and put the rest of the performance world on notice. The second generation of the CTS-V was a winner in every sense of the word, but what can we expect from the forthcoming third generation? For starters, expect some serious power. The new CTS-V will come equipped with a supercharged 6.2-liter V8, like its predecessor. But unlike the predecessor, which was fitted with GM’s LSA V8, the new CTS-V will feature a modified version of the supercharged LT4 found in the all-new Chevrolet Corvette Z06. The new engine will make closer to 600 horsepower and 600 pound feet of torque. The new Cadillac could come out in 2015 with an MSRP of around $66,000.
And this just in on the GM ignition switch recall ...
GM recall expands to Canada
General Motors has formally expanded its ignition-switch recall to include vehicles sold in the Canadian market. The company has begun distributing recall notices to owners of approximately 235,000 vehicles, including certain Chevrolet Cobalt and HHR, Pontiac G5 and Solstice, and Saturn Ion and Sky models.
As the automaker faces a handful of parallel investigations into its handling of the recall, new documents reveal that the company was first aware of the problem in 2001 during pre-production testing of the Saturn Ion. Previously the issue was said to have been discovered in 2004 with the Chevrolet Cobalt, which already represented a decade of inaction.
Following reports that GM’s 2009 bankruptcy effectively absolves the current company from liability in pre-2009 deaths related to the defective switches, the Center for Auto Safety has called on GM to establish a $1 billion victims fund to honor claims that “have been extinguished by the bankruptcy” or by statutes of limitations.