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Mary Kay goes Mustang

Well-to-do Mary Kay ladies might be setting their sights on black Ford Mustangs in lieu of the brand's signature pink Cadillacs. The cosmetics company unveiled the Mustang as its newest incentive car at its annual seminar at the Dallas Convention Center. Mary Kay will still loan the famous Cadillacs to sales directors who sell in the top tier of $100,000 a year or more.

Monterey auction kicks off with woodies sale

The Sports and Classics of Monterey auction is in full swing, and a collection of classic woodies netted $7 million Thursday. The Nick Alexander Woodie Collection featured 51 pristine pre- and postwar Ford and Mercury wood-bodied station wagons. The event was staged by RM Auctions in advance of the Pebble Beach Concours d'Elegance.

Terry Karges to replace Buddy Pepp as executive director of the Petersen Museum

Terry Karges will take over as executive director of the Petersen Automotive Museum in Los Angeles on Aug. 15, replacing Buddy Pepp, who is retiring after more than two years on the job. Karges brings four decades of automotive, entertainment and motorsports management experience to the Petersen.