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Concept Car of the Week: Lincoln Indianapolis Boano Coupé (1955)

There is always a plethora of wonderful cars on display during the Pebble Beach Concours d'Elegance, and also some not so wonderful, like the Spyker B6 Venator and Laraki Epitome. This year, one of the cars stood out with its bright orange color and unusual styling – the Lincoln Indianapolis Boano Coupé. In 1953, after nine years spent leading the famous Carrozzeria Ghia, Felice Mario Boano left to focus on his own enterprise: Carrozzeria Boano.

Chief engineer of Ford Focus quits to lead German yacht builder

Jens Ludmann, chief program engineer for Ford Motor Co.'s new Focus, is quitting the automaker to head a German-based maker of luxury yachts. Ludmann led a team at Ford's European base in Merkenich, near Cologne, Germany, that developed the Focus, the first car from CEO Alan Mulally's global One Ford strategy and flagship of the company's new range of global C-segment products. The German native, who joined Ford in 2000, will become CEO of Bavaria Yachtbau GmbH, effective Aug.

Senate passes 'cash-for-guzzlers' bill; Obama likely to sign

The U.S. Senate passed a scaled-back $1 billion cash-for-guzzlers bill and sent it to President Barack Obama for his expected signature. The 91-5 vote took place after 5 p.m.