MCG Executive Briefing for April 18, 2014

Ford GT no. 104This 1964 Ford GT, the fourth car constructed and the first delivered to Shelby American, hammered down for $7 million at the Mecum Houston auction. Get all the latest auto industry news in the Executive Briefing. 

 

 

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+   Nissan will offer free battery charging for 24 months on its Leaf electric car in 25 U.S. markets. More at Automotive Business Review.

+   Jeep’s CEO says the brand is close to a deal to manufacture the Jeep Renegade in China in a joint venture with Guangzhou Auto. More at the Detroit Free Press.

+   Auto sales in Europe continue their recovery with a 10.4 percent increase in March, but so far the retail price war remains in effect. More at Reuters.

+   American Formula One entrant Gene Haas intends to partner with Dallara on chassis and Ferrari or Mercedes on engines. More at Yahoo! Sport UK and Ireland.

+   A group of international auto writers named the Audi A3 the World Car of the Year as German brands swept all five awards. More at The Detroit News.

+   Ford GT no. GT/104, the fourth car built and the first delivered to Shelby American, sold for $7 million at the Mecum Houston sale. More at Hemmings Daily.

+   Dyson Racing will operate the factory Bentley team in the Pirelli World Challenge series in North America. More at Daily Sportscar.

+   A federal judge has declined to order General Motors to park 2.6 million vehicles while the ignition recall is performed. More at The Detroit Bureau.

+   Greg Pickett’s Muscle Milk Racing operation has terminated its TUDOR United SportsCar Series program effective immediately. More at Racer. 

For the previous Executive Briefing from April 14, click here.

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One thought on “MCG Executive Briefing for April 18, 2014

  1. I’m surprised the Ford GT went that low. The highest ever paid is $11 million I think.

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