Old-style limousines indicate success in Hollywood (6)

I believe the answer is:

oscars

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'limousines indicate success in hollywood' is the definition.
I can't judge whether this definition defines the answer.

'old-style' is the wordplay.
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'style' becomes 'scars' (I can't justify this - if you can you should give a lot more credence to this answer).
'o'+'scars'='OSCARS'

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(Other definitions for oscars that I've seen before include "Hollywood Academy Awards" , "American Academy Awards" , "Movie awards" , "Cinema's Academy Awards" , "Wilde's" .)

I've seen this clue in The Globe and Mail.

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