I was watching though some of the "Anthology" videos on gametrailers and one of the games featured was Twisted Metal and this is the storyline intro for it.

http://www.youtube.com/watch?v=8bojch-OFvQ

Basically it was set on Christmas Eve 2005. I don't remember any of that happening in 2005 but I'm glad that in 1995 they thought that type of mayhem would be happening in a mere 10 years.