MCG Executive Briefing for April 10, 2017

This 1937 Talbot-Lago T150-C SS Goute d’Eau Coupe by Figoni et Falaschi is expected to bring up to $4.45 million at the RM Sotheby’s Villa d’Este auction in Lake Como, Italy. Get all the latest auto industry news in the Executive Briefing. 



Today’s headlines:

+   Members of the Porsche-Piech family that controls Volkswagen Group will no longer be eligible to serve as executives of the automaker, says Chairman Wolfgang Porsche. More at Automotive News Europe. 

+   In advance of the New York Auto Show, Fiat Chrysler Automobiles officially unveiled the 2018 Jeep Grand Cherokee Trackhawk, which boasts a 707-hp Hellcat V8. More at Motor Authority. 

+   Dave Schoch, CEO of Ford China, announced that the new Ranger midsize pickup will go on sale in China in 2018, a year before it appears in U.S. showrooms. More at Motor Trend. 

+   Kreisel Electric GmbH has unveiled a battery-powered replica of the 1967 Porsche 910 Le Mans racer with a price of $1.1 million and a range of 218 miles. More at Bloomberg.

+   British Indy Lights star Jack Harvey, 23, has been signed to drive a fifth Andretti Autosport entry in the Indianapolis 500 this May with sponsorship to be announced. More at 

+   Acording to a new study from the American Automobile Association, one in three Americans cannot afford to pay for surprise auto repairs without taking on debt. More at the Detroit Free Press. 

+  Rochester Hills, Michigan-based supplier Torsion Control Products has been acquired by Timken Co. of North Canton, Ohio for an undisclosed amount. More at Crain’s Detroit Business. 

+   Stars of the 2017 RM Sotheby’s Villa d’Este auction in Lake Como, Italy on May 27 will include a a 1935 Bugatti Type 57 Atalante and a 1937 Talbot-Lago T150-C SS Coupe. More at Sports Car Digest. 

+   Hyundai Motor and Kia Motors plan to recall 1.48 million vehicles in the United States, Canada, and South Korea to inspect and replace potentially defective engines. More at Reuters. 

+   Ferrari president Sergio Marchionne wants his Formula 1 team to sit down for talks with Kimi Raikkonen after his second consecutive difficult race in China. More at Autosport.

Review the previous Executive Briefing from April 7 here.

Photo by Fotohalle Unger courtesy of RM Sotheby’s.   

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3 thoughts on “MCG Executive Briefing for April 10, 2017

  1. Do the Hellcat models sell in any real numbers? I wonder how many people are qualified to drive a 700 hp car.

  2. Several of the high-zoot carmakers offer a company-led driving course if you buy their supercar. I’m sure that will not be true of this Jeep. There have been incidents with other Hellcats and I can’t imagine that raising the center of gravity and shortening the wheelbase will improve stability. The extra horsepower probably would be a handicap if you’re stuck in mud or snow as well.

    Put this engine in an Alfa Romeo 8C, then give me a call.

  3. My excuse for not buying a Hellcat up until now has been the lack of four wheel drive. The Trackhawk takes care of that. Since the State of Ohio says I’m qualified to drive a 700hp car, I may have to go for it.

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