Among the star attractions at the RM Auctions Monaco sale in May is this 1966 Ferrari 275 GTB/C, which is expected to fetch up to $6.85 million. Get all the latest car biz news in the Executive Briefing.
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+ The CBS television program Sixty Minutes has admitted to dubbing in fake engine sounds in a story on the Tesla S electric car. More at USA Today.
+ General Motors is expected to add 1,400 jobs and invest $450 million at its Hamtramck Assembly and Brownstown Township battery plants. More at The Detroit News.
+ German tire and auto parts maker Continental AG has fully acquired Zytek Automotive, the UK-based automotive engineering firm. More at Automotive Business Review.
+ Online car-shopping site TrueCar will has filed papers to go public and has appointed former Hyundai CEO John Krafcik to its board. More at The Detroit Bureau.
+ Formula One czar Bernie Ecclestone says an American team led by NASCAR’s Gene Haas is among two new operations likely to join the series next season. More at ESPN.
+ Audi says it may continue to increase production at its German assembly plants in the second quarter in response to strong demand in Europe and China. More at Reuters.
+ RM Auctions will present an impressive slate of vintage racing cars from Porsche, Ferrari, and more at its 2014 Monaco sale May 9-10. More at Sports Car Digest.
+ In response to fan complaints, Formula One teams and officials will study methods to make the exhaust tone of the 2014 cars louder and more exciting. More at Yahoo! Sport UK.
+ Saturday Night Live performed a parody of CEO Mary Barra’s congressional testimony regarding the GM ignition switch recall. More including video at the Detroit Free Press.
For the previous Executive Briefing from April 4, click here.
With regards to the Formula One exhaust noise, maybe they need to give CBS a call?
Good one. You win the internet today
Agreed, well played sir!