The Indianapolis Motor Speedway Museum is selling off 11 of its most valuable cars, including a 1954 Mercedes W196 that could bring $70 million. Get all the latest auto industry news in the Executive Briefing.

Today’s headlines:

+   The state of Texas is suing General Motors, accusing the automaker of collecting data on 14 million customer vehicles and then selling the data to third parties without permission. More at Reuters. 

+   The Stellantis engine plant in Trenton, Michigan will temporarily shut down next week and lay off 600 workers due to a 20,000-unit surplus of Pentastar V6 engines. More at The Detroit News. 

+   Global sales of fully electric and plug-in hybrid vehicles rose by 21 percent in July, due to China’s strongest growth this year and despite dropping demand in Europe. More at World Auto Forum.

+   NASCAR has rescinded the playoff berth of driver Austin Dillion, while driver Joey Logano was fined $50,000 over the events at the finish of last weekend’s Richmond Cup race. More at Jayski. 

+   At Monterey Car Week, BMW unveiled the 2025 BMW M5 Touring, a performance station wagon that uses the same plug-in hybrid drivetrain with 717 hp as the M5 sedan. More at Car and Driver. 

+   Details of a testing accident on a runway at the Kennedy Space Center in which a Hennessey Venom F5 prototype flipped over at 250+ mph have been disclosed in public documents. More at The Drive. 

+   The United Auto Workers union filed federal labor charges against Donald Trump and Elon Musk for their comments threatening workers engaged in collective bargaining. More at CNBC. 

+   Toyota announced it plans to convert all its current Toyota and Lexus vehicles to hybrid and plug-in hybrid models, but has not yet disclosed a firm timetable for the transition. More at CBT News. 

+   The Indianapolis Motor Speedway Museum will auction off 11 cars unrelated to track history, including the Mercedes W196 streamliner, the 1957 Corvette SS, and a 1964 Ferrari 250 LM. More at Autoblog. 

+   Third-year driver David Malukas will leave the Meyer Shank Racing IndyCar team at the end of the season and move to AJ Foyt Racing next year, accepting a multi-year deal. More at IndyStar. 

Photo courtesy of the Indianapolis Motor Speedway Museum. 

Review the previous MCG Executive Briefing from August 12 here.

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