Price records tumbled at the Worldwide Auctioneers sale of the Hostetler’s Hudson Museum collection, led by this ex-Herb Thomas NASCAR racer that sold for $1.265 million. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ European automakers are dropping some models and suspending production on others as the September 1 deadline for the new WLTP emissions standard approaches. More at Automotive News Europe.
+ Zhejiang Geely Holding Group of China, majority owner of the Lotus brand, is studying a $1.9 billion investment plan for the historic British sports car marque. More at Bloomberg.com.
+ Tesla CEO Elon Musk could be the subject of an investigation by the Securities and Exchange Commission following a tweet threatening to take his company private. More at the Detroit Free Press.
+ With backing from partner Alfa Romeo, the Sauber Formula 1 team is planning to expand its workforce by 33 percent in the near future, says technical director Simone Resta. More at Racer.
+ Amazon has released the Alexa Automotive Core (AAC) Software Development Kit (SDK), a tool to allow automakers and suppliers to integrate Alexa directly into their vehicles. More at ZDNet.
+ The Chevy Corvette mid-engine C8.R racer was captured by spy photographers testing in camouflage wrap at the Road America road course in Elkhart Lake, Wisconsin. More at Autoblog.
+ The Auburn Cord Duesenberg Museum has appointed a new executive director, Brandon Anderson, and launched a $5 million capital improvement plan. More at Hemmings Daily.
+ The liquidation sale of the former Hostetler’s Hudson Museum collection in Indiana by Worldwide Auctioneers generated $7.5 million in sales at record prices. More at Classic Cars.com Journal.
+ Ford has unveiled the Mustang-styled bodywork its race teams will campaign in the NASCAR Monster Cup series next year starting with the Daytona 500 in February. More at MLive.
+ Nissan’s Infiniti brand is teasing a new electric sports car concept in advance of a formal unveiling at Pebble Beach during Monterey Classic Car Week. More at Digital Trends.
Review the previous Executive Briefing from August 6 here.
Photo courtesy of Worldwide Auctioneers.
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