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Woodward Dream Cruise -- The main event of muscle and power

Woodward Avenue was reignited on Saturday for Detroit's annual summer festival of muscle cars and all-American sheetmetal. After days of preliminary events, parades, car shows and early cruising, the main event took shape as thousands of classic cars and an estimated crowd of more than a million enthusiasts from around the country flocked to the boulevard that helped popularize the allure of fins, chrome and raw power. The event began in the mid-1990s and now is in its 17th year.

Former General Motors CEO Robert Stempel dies

Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77. "Bob was a very popular chairman with employees, and his many accomplishments as a visionary engineer included leading the development of the catalytic converter, one of the great environmental advancements in auto history," GM said in a statement. "His knowledge of battery development led to the push for the EV1 electric car, and Bob continued to build his expertise in the electrification of the automobile after he left GM in 1992." Stempel died Saturday in Florida, the Detroit News and Detroit Free Press reported Monday night.

Chrysler to close Pacifica Advanced Design Studios

The 20 designers at Chrysler's Pacifica Advanced Design Studios in Carlsbad, California will soon be finding themselves out of a job. The struggling North American automaker announced the closure of the facility on Friday, stating that the company is ‘leveraging resources worldwide, forming new joint ventures and alliances and consolidating operations in order to better achieve global balance.' Responsible for many of the more successful designs hailing from Chrysler in recent times, including the Chrysler 300 sedan and the new Dodge Challenger musclecar, the Pacifica Advanced Product Design Center also yielded the Nassau concept car and the Pacifica crossover – bearing the same name as the west coast studios in which it was created. The work done at the Pacifica Advanced Design Center will be consolidated into the Advance Design function in Auburn Hills and continue to be led by Senior Vice President of Design, Trevor Creed.