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Cash-for-clunkers gems: Corvettes, Camaros, Mustangs and one infamous Bentley meet the end of the road

By now, the high-profile casualties of cash-for-clunkers are well documented: a Bentley Continental R and an Aston Martin DB7 Volante from 1997 and a 1985 Maserati Quattroporte all perished under the government-funded incentive program. But scratching beneath the surface reveals that scores of everyday enthusiast rides such as Mustangs, Camaros and even some Corvettes met ignominious endings by having their engines destroyed and their bodies crushed. While it’s likely that many of the nearly 700,000 clunkers turned in actually were at the end of their roads, the final report released by the government reveals the demise of plenty of affordable, likely still-fixable cars that could have been enjoyed by collectors of all ages.

Cadillac XTS aimed at luxury-import owners

It is a small niche, but an important one for Cadillac as it prepares to launch the XTS sedan. The industry calls it the "black car" business. The Cadillac XTS sedan will hit dealer showrooms next year in late spring or early summer.

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.