Unveiled in 2011, the Volkswagen XL1 plug-in diesel hybrid concept can get up to 261 mpg, the company says. VW will display a production version at the Geneva Motor Show in March. See this news and more in today’s Executive Briefing.  Continue reading →

Driver Danica Patrick and car owner Tony Stewart celebrate her historic pole qualifying run for next Sunday’s 2013 Daytona 500. –NASCAR photo 

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Pre-sale estimates exceed $1,000,000 for this Tucker 48, formerly owned by Star Wars creator George Lucas, at the RM Auctions Amelia Island sale on March 9. Read this car biz news and more in today’s Executive Briefing.

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The London Taxi Company, just acquired by Chinese automaker Geely, will soon resume production at its Coventry, England plant, management says, saving 107 jobs. Read this news and more in today’s Executive Briefing.  Continue reading →

Two drivers got important breaks this week. Kyle Larson, 20, will start his first NASCAR Nationwide Series race at Daytona, and AJ Allmendinger will get a second chance with a test in a Roger Penske Indy car.

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General Motors will halt pickup production for 10 weeks to clear the table for the 2014 Chevy SIlverado (above) and Sierra, due in the showrooms in 2Q 2013. Read this industry news and more in today’s Executive Briefing.

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Ferrari and Alfa Romeo will announce a deal in the next month in which Ferrari will assist Alfa in future production car engine development, says Fiat boss Sergio Marchionne. See this auto industry news and more in today’s Executive Briefing.  Continue reading →