A Detroit official has dismissed as "lots of wild speculation" a story that Emergency Manager Kevyn Orr is considering the sale of the city's little-known collection of classic cars, Reuters reported on Friday. "There is no proposed plan to sell any asset owned by the city," Bill Nowling, Orr's spokesman, said. That has not stopped heated debate over the prospect that Orr could approve the sale of assets, including works from the Detroit Institute of Arts, to satisfy the city's crushing debt obligations and avoid bankruptcy. Discussion now has shifted to the Detroit Historical Society's 62 classic cars. The collection ranges from a 1905 Cadillac Osceola once owned by Cadillac founder Henry Leland to a 1984 Dodge Caravan and documents the automobile's long history in the city.
