Sporting a matching-numbers, all-aluminum 427 CID V8, this 1969 Camaro ZL1 is expected to bring up to $850,000 at the Worldwide Auctioneers Houston Classic sale. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ General Motors is planning a billion-dollar expansion of its Warren, Michigan technical center that would increase employment at the facility to 21,000 workers. More at MLive.
+ A Chinese court has sentenced former Volkswagen/ FAW Group executive Shi Tao to life in prison for accepting $5.3 million in bribes. More at the South China Morning Post.
+ Robert DeNiro could play Enzo Ferrari in a film biography of the legendary Italian carmaker that is currently in development. More at Autoblog.
+ Due to weak and falling demand, Honda will discontinue its sedan-like Crosstour crossover vehicle at the end of the 2015 model year. More at Car and Driver.
+ NASCAR has enlarged the field and increased the race length for the Sprint All-Star event in Charlotte scheduled for Saturday night, May 16. More at the Sporting News.
+ The French Finance Ministry is increasing its ownership stake in Renault from 15 to 19.7 percent in order to secure double shareholder voting rights, but says it does not intend to keep the shares in the long term. More at Reuters.
+ The National Highway Traffic Safety Administration may reopen its investigation of 2.7 million older Jeep SUVs that have been linked to gas tank fires in rear-impact collisions. More at The Detroit News.
+ Chevrolet will cease production of the current Chevy Volt sedan next month to reduce inventories and retool for the next-generation model. More at MarketWatch.
+ In advance of this weekend’s New Orleans race, IndyCar officials have mandated structural upgrades to Honda and Chevrolet aero kit components in an effort to reduce crash debris. More at Racer.
+ Featured offerings at the Worldwide Auctioneers 2015 Houston Classic will include a 1969 ZL1 with original drivetrain and sheet metal. More at Hemmings Daily.
+ Tesla Motors has introduced the Model S 70D, an all-wheel-drive sedan with a 70-kWh battery pack and a list price of $75,000. More at Automotive Business Review.
For the previous Executive Briefing from April 6, click here.
Isn’t DeNiro too skinny to play il Commendatore? Also, it’s easier to age a young man than vice versa.
Maybe it’s my old memory playing tricks on me but it seems that ZL1 would have been a three million dollar vehicle a few years ago.
I think I rather have a clone ZL1 instead of a real one, I’d be wanting to pound on that baby hard and would hate to destroy a gennie one!
The ZL1 was a an expensive white elephant in its day,, and a very collectable beast now.
I too would sooner have a 50k clone,, 800k extra would be scarey to use.