MCG Executive Briefing for August 29, 2022

This 1958 Ferrari 250 GT long-wheelbase Berlinetta will be among the star attractions at the Worldwide Auctioneers Auburn sale. Get all the latest industry news in the Executive Briefing.

 

Today’s headlines:

 Panasonic Holdings, Tesla’s chief battery vendor, is planning to build an additional EV battery plant somewhere in the United States at a projected cost of $4 billion. More at Reuters. 

+   Australian police discovered 355 lbs of methamphetamine and 132 lbs of cocaine concealed in the bodywork of a vintage 1960 Bentley S2 shipped into the country from Canada. More at The Drive. 

 A General Motors assembly plant in Silaeo, Mexico that produces GMC and Chevrolet pick-up trucks will halt production next week due to supply chain issues. More at Yahoo! News. 

+   As the Formula 1 silly season heats up, AlphaTauri driver Pierre Gasly has emerged as a candidate at Alpine, while IndyCar driver Colton Herta could go to AlphaTauri. More at Motorsport.com. 

+   While Honda is making a big push into hybrid vehicles, its premium companion brand Acura will bypass hybrids completely and focus exclusively on battery-electric models. More at CNET Cars. 

 Connecticut-based tuner Callaway is preparing a supercharger kit for the 6.2-liter V8 in the mid-engine C8 Corvette that will be available through Chevrolet dealers in 2023. More at Autoblog.  .

+   Car and Driver published a story explaining the methods used to exploit a vulnerability in late-model Kia and Hyundai vehicles that has led to a rash of vehicle thefts. More at Car and Driver. 

+  Just four auto manufacturers have signed on for the North American International Auto Show in Detroit on September 14-25 after a three-year hiatus due to COVID-19. More at The Detroit Bureau. 

Among the featured attractions at the annual Worldwide Auctioneers Auburn, Indiana sale on September 1-3 will be a 1958 Ferrari 250 GT long-wheelbase Berlinetta. More at Sports Car Digest.

 David Wilson of Toyota says the automaker is working hard to keep driver Kyle Busch in a Toyota next year, saying,  “I don’t want to race against a pissed-off Kyle Busch.” More at Heavy. 

Photo courtesy and copyright of Worldwide Auctioneers.

Review the previous Executive Briefing from August 26 here.

One thought on “MCG Executive Briefing for August 29, 2022

  1. Name (required)
    The Kia and Hyundai were not made for this crooked world. If I owned one I would worry all the time until I came up with a reliable fix.

Comments are closed.