At The Quail in Monterey, Chevrolet unveiled the Corvette CX, a radical EV concept. Get all the latest automotive news in the Executive Briefing.
Today’s headlines:
+ Canada imported more vehicles from Mexico than the United States in June for the first time in three decades, signaling a historic shift due to Trump administration tariff policies. More at The Detroit News.
+ According to Cox Automotive, new car dealer inventories have stabilized at pre-tariff levels as electric vehicle sales rose and incentives reached their highest level of the year. More at CBT News.
+ Acura has confirmed that the Honda luxury brand is pivoting away from its all-EV product policy and is now working on more internal-combustion and hybrid vehicles. More at The Drive.
+ Penske IndyCar driver Scott McLaughlin will race a Chevrolet Corvette Z06 GT3.R in a 1000-kilometer endurance race in Suzuka, Japan, describing the venue as a “bucket list track.” More at Motorsport.com.
+ Logan Green and John Zimmer, co-founders of the Lyft ride-sharing service in 2012, are stepping down from the board following the completion of a two-year transition plan. More at NBC News.
+ Truckloads of Hyundai Santa Cruz pickups manufactured in Alabama are stuck near the U.S.-Canada border, prevented from entering Canada by the ongoing tariff war. More at Autoblog.
+ McLaren’s new CEO Nick Collins says design Is an increasing priority, the V-8 will remain in the product portfolio, and models with more than two seats are a possibility. More at Car and Driver.
+ Three former Tesla employees terminated in CEO Elon Musk’s mass firing of the entire Supercharger department have formed a new charging network in the UK called Hubber. More at Electrek.
+ At the Quail for Monterey Car Week, Chevrolet unveiled the far-out Corvette CX Concept, an electric sports car with a matching race version, the CX.R Vision Gran Turismo. More at Motor Trend.
+ Reportedly, Xfinity will not return as title sponsor of the NASCAR second-tier series next year, with the leading candidate as its replacement said to be O’Reilley Auto Parts. More at Sportskeeda.
Photo courtesy of Chevrolet.
Review the previous MCG Executive Briefing from August 15 here.
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