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Why Steve McQueen canceled a $3 million life insurance policy

Spurred by the story of our ride in Steve McQueen's Jaguar XKSS, Richard Haight felt inclined to chime in with the fact that he not only raced motorcycles with (and against) McQueen, but knew him all the way until the King of Cool's death. Haight raced motorcycles on and off for 50 years. McQueen would come and race at the local American Motorcycle Association District 37, usually entering under assumed names like "Harvey Mushman" to enjoy some semblance of normality.

Crunch watch Dec 09: the auto industry in crisis

Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 December 2009• Saab's PR chief told AN that GM is extending the deadline for a sale to 7 January – and the Trollhattan factory will resume limited manufacturing in early January to build the new 9-5 and some 9-3 cabrios (Automotive News, subscription required)• Last night Bloomberg reported a Saab board member claiming that the 31 December deadline for a Saab sale or closure 'is not holy'. If GM receives a bid that is 'sufficiently interesting', it'll extend the deadline, said the Saab suit (Automotive News, subscription required)• GM is offering massive discounts on Pontiac and Saturn cars, as it seeks to get rid of the remaining stock from these terminated brands.

A Night at the Movies with Alex Xydias

“I started shooting movies when I stopped racing,” said original hot rod hero Alex Xydias. “When I had enough stuff I made this.” “This” is "The Hot Rod Story," a documentary shot by the man himself from about 1962 to 1964 at the drag strips, dry lakes and cruise-ins of the day. It's a movie shot in the style of, say, a Bruce Brown surf movie or a Warren Miller ski movie.