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Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.

Long-lost Cunningham Corvette race car displayed

Chevrolet Corvette enthusiasts on Thursday got an up-close look at a car that raced in the 24 Hours of Le Mans 52 years ago but hasn't been seen for more than 20 years. On the eve of the Corvettes at Carlisle show in Carlisle, Pa., event promoter Lance Miller opened one of his climate-controlled garages to reveal the 1960 Corvette that many are certain is the car that wore No. 1 and ran in the 1960 race at Le Mans.

Porsche mulls smaller SUV, sports car

Porsche may develop a small SUV and a sports car smaller than the Boxster as it aims to double worldwide sales in the next three years. Bernhard Maier, head of sales and marketing at Porsche AG, confirmed that the company is looking into smaller and less expensive models “but we have taken no decision so far.” The small SUV has been code-named “Cajun”--short for Cayenne Jr. The success of the Cayenne SUV has given Porsche confidence to “investigate if there are other opportunities,” Maier said.