When General Motors Corp.’s top executives were choosing this year which brands to keep and which to ditch, Cadillac was unquestionably deemed to be a valuable asset that should be part of a new GM.The most iconic of GM’s brands, Cadillac is known worldwide. In its heyday, it rolled out some of the most beautiful cars ever built, the fin-tailed sedans of the ’50s and ’60s that symbolized American
Senate leaders, joined by Texas oil billionaire T. Boone Pickens, unveiled a bill yesterday to jumpstart the production of vehicles that run on natural gas. The legislation, dubbed the NAT-GAS bill, was introduced by Sen. Majority Leader Harry Reid, D-Nev., and Sens. Orrin Hatch, R-Utah, and Robert Menendez, D-N.J.It would increase tax credits for buying a natural gas-powered vehicle from $5,000