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Money woes may keep Converj from market

General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. GM revealed the coupe, which would use the same technology as the Chevrolet Volt plug-in hybrid, last week at the auto show here. GM designed the Converj so the production version--if it ever happens--will look "exactly like this," says Bob Lutz, GM's vice chairman of global product development.

American Picked

Toney Thomas knows his junk. Ask him about any of the thousands of items--from antique BB guns to ancient boat motors, from old service-station signage to historic military gear--in his 30-foot-by-60-foot storage barn in rural Michigan, and he'll most likely have a story to tell. Thomas's penchant for collecting led to his appearance on a fall episode of the History Channel's American Pickers with celebrity junk hunters Mike Wolfe and Frank Fritz.

Porsche chief Wendelin Wiedeking resigns

Porsche chairman Wendelin Wiedeking has bowed to mounting pressure in announcing that he will step down immediately. The resignation came Thursday, following a surprise meeting of the company's supervisory board at its Weissach R&D headquarters outside of Stuttgart, Germany, on Wednesday night. Wiedeking's announcement comes after months of tense and public infighting following Porsche's failed attempt to wrest control of Volkswagen, which left it with $12.7 billion in debt, and slowing sales in key markets such as North America.