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Danville concours honors Phil Hill

"Cool Cars for a Cause" is the slogan for the Danville (Calif.) Concours d'Elegance, and it's an apt description for a gathering of classic, vintage-racing and contemporary cars, along with a few restored racing boats carefully parked along Danville's charming downtown streets. The event has raised more than $1 million for Parkinson's disease research and patient care. This year, the event honored Phil Hill, who succumbed to complications from the disease in 2008 after a legendary international career in racing and classic-car restoration.

GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Clunkers records $2.88 billion in rebates

Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.