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Clunkers claims hit $1.15 billion Monday, government says

Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.

Bob Bondurant at 80

Last fall, as we waited for our turn to partake in a braking drill at Bob Bondurant's driving school in Arizona, a black Cadillac CTS-V coupe came screaming out of the facility's parking area and onto the tarmac where we sat. The driver hustled the big two-door around a tight autocross course at a startling pace, though he likely would have been faster had he avoided some of the smoky, sideways stuff. Our instructor, Johnny O'Connell, grinned, “I guess it's good to be the boss.” Bondurant -- who turns 80 on Saturday -- started racing an Indian motorcycle as a teenager.

Shelby brings back ‘Shelby American' name for performance-car business

Carroll Shelby's performance-car business is returning to its roots. Shelby Automobiles is changing its name to Shelby American--the original banner used by his sports-car business and the historic Le Mans-winning cars in the 1960s. Shelby says the switch is in honor of the 45th anniversary of two of his most famous cars, the 427 Cobra and the Ford Mustang Shelby GT350.