MCG Executive Briefing for April 21, 2017

The black Dodge Charger driven by actor Vin Diesel in the Fast And The Furious movie franchise will cross the block at the at the Spring Carlisle auction on April 22. Get all the latest auto industry news in the Executive Briefing. 

 

 

Today’s headlines:

+   General Motors has immediately halted operations in Venezuela after its auto assembly plant there was seized without notice by government authorities. More at CNN Money. 

+   Michigan’s congressional Democrats are fighting cuts proposed for the Environmental Protection Agency facility in Ann Arbor, Michigan, where most federal vehicle emissions testing is performed. More at The Detroit News. 

+   The twin-turbo BMW M4 CS, which made its global debut at the Shanghai auto show boasting 454 hp, will be available in U.S. dealerships next year. More at Motor Trend. 

+   Rumors say Honda will introduce a short-wheelbase, two-row version of the Pilot SUV in September 2018 to compete with the Ford Edge and Hyundai Sante Fe Sport. More at Autoblog. 

+   British Formula 4 driver Billy Monger, 17, suffered injuries requiring the amputation of both legs in a violent crash at Donington Park in which he ran into a stalled car on the track. More at BBC Sport. 

+   GM’s Buick division plans to sell 1.4 million vehicles in the U.S. and China in 2017, setting up a fifth consecutive year of record volume. More at the Detroit Free Press. 

+   The Classic Car Club of America (CCCA) has granted Full Classic status to three more automobiles: 1916-1929 Roamer, 1930 Buick series 60, and 1934 Studebaker President. More at Hemmings Daily. 

+   The modified Dodge Charger driven by actor Vin Diesel in the Fast and The Furious movie series will cross the block at the Spring Carlisle auction on April 22. More at Classic Cars.com.

+   Red Bull motorsport consultant Helmut Marko says Formula 1 managers must come up with an independent engine solution for 2021 or his team could leave the series. More at Motorsport.com. 

+   BMW Group reported a 27 percent jump in quarterly pretax profit after an investment by chipmaker Intel drove up the value of its stake in mapping service HERE. More at Automotive News Europe. 

Review the previous Executive Briefing from April 17 here.

Photo courtesy of Carlisle Auctions. 

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