The 2026 Chesapeake Bay Concours will feature an invitational category for classic American pickup trucks. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ New-vehicle inventory declined to 75 days in July as consumers bought vehicles faster than automakers could restock dealer lots, according to new Cox Automotive data. More at CBT News.
+ Stellantis has notified Unifor, the Canadian auto workers union, that it is considering the closure and sale of its Brampton, Ontario plant due to United States import tariff policy. More at U.S. News & World Report.
+ Lamborghini unveiled the Revuelto SV, its fastest and most powerful car to date with 1,050 V12/hybrid horsepower, a list price of $741,172, and production limited to 1,963 units. More at CNBC.
+ NASCAR Cup star Kyle Larson led all 50 laps to win the Knoxville Nationals in Knoxville, Iowa, his fourth title in six years in dirt sprint car racing’s Super Bowl event. More at Speed Sport.
+ Detroit’s automakers plan to warn the Trump administration that yet another revision of the North American trade agreement could cost the U.S. industry billions of dollars per year. More at Automotive World.
+ Battery giant CATL of China plans to expand its after-sales battery service to 100 cities worldwide in the second half of 2026, using robotics to cut repair time to 72 hours More at China Car News.
+ Hiroshi Okuda, who served as CEO and then chairman of Toyota from 1995 to 2006 and is regarded as a hybrid pioneer and the father of the Prius, has passed away at 93. More at The Drive.
+ A Polestar dealer is suing for $25 million, alleging that the carmaker’s stated U.S. departure due to federal software restrictions was only an excuse to abandon its dealers. More at Autoblog.
+ Honda Racing hopes that combustion engine upgrades can put the Japanese manufacturer back among the leading Formula 1 power unit suppliers by late 2027 or early 2028. More at Motorsport.com.
+ Bentley will be the featured marque at the 2026 Chesapeake Bay Concours on Sept. 25-27, while the invitational categories will include one for classic American pickup trucks. More at Old Cars.
Photo courtesy of the 2026 Chesapeake Bay Concours.
Review the previous MCG Executive Briefing from August 14 here.
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