The Wildcat I, Buick’s two-seat fiberglass dream car of 1953, will be among the star attractions at the Buick Club of America National Meet in Missouri next June. Get all the latest automotive news in the Executive Briefing.
Today’s headlines:
+ Following OPEC’s failure to limit oil production, U.S. consumers could see gasoline prices drop to $2 per gallon by Christmas, oil analysts say. More at Bloomberg.com.
+ Chinese and Thai joint venture SAIC Motor-CP will manufacture eco-cars under the historic MG brand at a new $232 million plant in Thailand. More at Automotive Business Review.
+ As anticipated, Ford Australia has officially announced that it it will pull out of the national V8 Supercars series at the end of the 2015 season. More at Speedcafe.com.
+ The German business weekly WirtschaftsWoche reported that BMW is not interested in purchasing a stake in the U.S. electric car maker Tesla Motors. More at Reuters.
+ Mark Webber’s debut in the FIA World Endurance Championship in Brazil was marred by a vicious crash which sent the Porsche driver to the hospital for observation. More at NBC Sports.
+ The Mini brand’s product lineup will be shrunk from its current eight models to five, including an all-electric version, company officials say. More at Motor Trend.
+ The previously cancelled 2015 Daytona 200 motorcycle race is now back on, with Daytona International Speedway securing a new partner, the American SportBike Racing Association. More at Motorsport.com.
+ General Motors has now repaired 1.36 million of the 2.36 million cars subject to its ignition switch recall, leaving one million vehicles remaining. More at The Detroit News.
+ The 1953 Buick Wildcat I Motorama show car will be one of the featured attractions at the 2015 Buick Club of America National Meet next June in Springfield, Missouri. More at Hemmings Daily.
+ The complete stock of cars and equipment from the now-defunct Marussia Formula One team will be auctioned off Dec. 16 at the company’s Banbury, Oxfordshire, UK headquarters. More at Racer.
For the previous Executive Briefing from November 28, click here.