MCG Executive Briefing for December 12, 2016

This 1967 Ferrari 275 GTB sporting its original finish in rare Verde Pino (Pine Green) is expected to bring up to $3.4 million at the Gooding & Company Scottsdale Auctions in January. Get all the latest auto industry news in the Executive Briefing. 

 

 

 

Today’s headlines:

+   Indian automaker Tata Sons renewed its appeal to Tata group shareholders to remove Cyrus Mistry from their boards, continuing a power struggle between Mistry and the Tata family. More at Reuters.

+   Aston Martin will revive the 1959-1963 DB4 GT model with a hand-built run of 25 track-only continuation cars with a price of $1.9 million each. More at Automotive News Europe.

+   Government regulators are pressuring automakers to speed up the Takata airbag recall, which has become the largest automotive product recall in U.S. history. More at USA Today. 

+   After a single disastrous season in NHRA Pro Stock competing for Dodge, Elite Motorsports and drivers Erica Enders and Jeg Coughlin will return to Chevy Camaros in 2017. More at NHRA.com. 

+   in January, Fiat Chrysler Automobiles will introduce its new electric vehicle concept not at the North American International Auto Show, but at the Consumer Electronics Show (CES) in Las Vegas. More at The Detroit News. 

+   Hyundai’s Genesis brand has hired former Bugatti designer Alexander Selipanov, the stylist responsible for the Vision Gran Turismo Concept and the Chiron. More at Motor Trend. 

+   Herm Johnson, the Wisconsin race driver who won the 1976 SCCA SuperVee title and twice raced in the Indianapolis 500, has passed away at 63. More at IndyCar Today. 

+   Sports cars from Ferrari, Aston Martin, Mercedes-Benz and Shelby will be featured at the Gooding & Company 2017 Scottsdale Auctions on January 20-21. More at Sports Car Digest. 

+   Ford Performance has unveiled the Mustang Shelby FP350s, a track-only car for SCCA and NASA competition powered by the 5.2-liter, flat-crank Voodoo V8. More at Autoblog. 

+   Mercedes motorsports boss Toto Wolff has concluded that team management was wrong to interfere with its drivers in the controversial Formula 1 finale at Abu Dhabi. More at Racer. 

Review the previous Executive Briefing from December 9 here.

Photo by Brian Henniker courtesy of Gooding & Company. 

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