Chevrolet has announced its initial pricing for the base 2014 Corvette Stingray coupe and convertible with a $1400 increase over the 2013 models. Get this industry news and more in the Executive Briefing. 

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+   Mazda Motor posted its first global annual profit in five years, but the company’s losses in North America continue. More here at Car Scoops.com.

+   Renault-Nissan hopes to win approval from Beijing for its first plant in China by this summer, says CEO Carlos Ghosn. More here at Reuters.

+   The 2014 Corvette Stingray’s opening prices have been announced, with the coupe starting at $51,995 and the convertible at  $56,995. More here at the Los Angeles TImes.

+  The Treasury department is hanging tough on its its salary freeze for top executives at General Motors and Ally Financial. More here at The Detroit News.

+   Two NASCAR Nationwide Series crewmen from Richard Childress Racing were arrested for assault following an altercation at Richmond. More here at USA Today.

+   Volkswagen AG remains committed to its European plants despite weak markets, says CEO Martin Winterkorn. More here at Fox Business.

+   Tesla Motors has announced a no-fault battery warranty and valet replacement program. More here at The Detroit Bureau.

+   Local authorities in Bangkok have approved the track layout for a Formula 1 race in Thailand for 2015. More here at Autosport.

For the previous Executive Briefing from April 26, click here.

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