Yugo Toaster.

From the website:

Artist Kevin O’Callaghan, a Manhattan School of Visual Arts professor, saw something of beauty in the car that the public has turned its back on. He bought 39 rusty Yugos and asked his students to make objects of functional art from them.

What was remnants of a failed automotive venture became a very popular exhibit drawing crowds to auto shows across the country. Twelve of these recycled Yugos were displayed at the ’97 auto show hosted by the St. Louis auto dealers association.

"What do you do when a Yugo don’t go? It’s about taking a useless product and giving it a new life," said O’Callaghan, also the exhibit’s curator. "I was blown away by the concepts. That’s the beauty of this, the imagination."

Yes, it’s quite old (1997), but still very interesting: Link