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Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

One Lap of the Web: Clooney on Tesla, Wes Anderson goes racing and an Aussie headbutts cars

More than a few Esquire readers were probably shocked to see George Clooney's disparaging remarks on Tesla in a recent profile of the "Facts of Life" star, but here they are if you want to read them. Jalopnik has a short film by Wes Anderson. The subject?

Cars in the living room--art or furniture?

It takes a special kind of person to put a $100,000 supercar in the living room instead of the garage, but we say if you have the means, go ahead and do it. A photo collage that appeared on www.home-designing.com last week showed Ferraris, Maseratis and Lamborghinis sitting in houses as showpieces, like the works of art they are. Our enthusiast side says the owners should be out driving these spectacular pieces of machinery, but something tells us that if you have a Gran Turismo in the rumpus room, there's probably another one in your garage, too.