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 |  May 27 2011, 9:53 PM

Greek/Italian businessman Nicola Bulgari owns a lot of companies. He has hotel chains and perfumes, but most notably he is known for his watches.

With his vast wealth, he can afford to buy any kind of car he wishes to have. So some might be surprised to learn that he is an avid American car fan. To be more precise, he prefers Cadillacs.

Bulgari owns quite a few Cadillacs, and most of them are classic models from the 1930′s to the 1970′s. He also owns some of their newer models like the CTS wagon and the CTS-V sedan. He also owns an XLR-V with a custom Bulgari speedometer designed by the same people who does his watches.

Now Mr. Bulgari will be adding another new Cadillac to his stable, the very last DTS to roll off the production line. Commenting on his latest purchase, Bulgari said; “It’s the quality. I like the DTS because it’s a great sedan. It’s the last of an era. I thought it would be wonderful to own the last Northstar in a DTS. It’s one of the best engines ever designed, reliable and a performer.”

This is not the first time he bought a last off the line product from General Motors, he also owns the last Buick Riviera coupe ever made.

 |  Nov 11 2010, 3:13 PM

If you own or drive a 2010 or 2011 Buick Lucerne or Cadillac DTS (I’m sure there’s some of you under the age of 65 and don’t worry we’re not smirking), then your car might be the subject of a recall.

General Motors recently issued a recall bulletin on these models equipped with V8 engines. The problem is a starter or alternator cable that could pinch, chafe or sever the power steering hose, causing a loss of steering. Another issue is that the proximity of the hose to the cable could actual wear away the protective wrap on the cable, resulting in metal to metal contact which could drain the battery or cause sparks, potentially resulting in an under hood fire. To date, GM is aware of four fires that have started in Lucerne and DTS models, but no injuries.

GM will authorize its dealers to recall the affected vehicles and fix the problem free of charge; notices will be mailed out to customers beginning on November 19th. Those brand new Lucerne and DTS models that are still unsold, will be held on dealer lots until they can be fixed.