MCG Executive Briefing for December 13, 2021

A new exhibit at the Petersen Automotive Museum in Los Angeles, Hypercars: The Allure of the Extreme, features 30 of the world’s highest-performing road vehicles. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines:

 Sales of electric vehicles nearly doubled for the first 10 months of 2021 over the same period last year to 378,466 units, with Tesla taking 69 percent of the market. More at InsideEVs.

+   General Motors is targeting Delta Township, Michigan just west of Lansing for its third battery cell manufacturing plant in the USA, with an investment of $2.5 billion. More at The Detroit News. 

 Europe’s auto sector has become too reliant on Asia and other regions for vital components including semiconductors and battery cells, says Bosch chairman Franz Fehrenbach. More at Reuters. 

+   Volvo Cars is investigating a cybersecurity breach and suspected theft of some of its vehicle research and development data, which it says could impact future operations. More at TechCrunch. 

 Max Verstappen was confirmed as the 2021 Formula 1 drivers’ world champion after the FIA dismissed Mercedes’ protests against the result of the Abu Dhabi Grand Prix. More at Racer. 

+   Volkswagen has quietly confirmed that it will offer a camper version of the ID.Buzz electric van, to be produced in Hanover, Germany and called the ID.California. More at Car and Driver. 

 General Motors Chairman and CEO Mary Barra says the electric Chevrolet Silverado full-size pickup, slated for introduction on January 5, will lead its category. More at Motor Trend. 

+   Photographs have surfaced of the redesigned, next-generation Mini Cooper, which is scheduled for formal introduction late next year in both gasoline and electric models. More at Motor Illustrated. 

 Hypercars: The Allure of the Extreme, a new exhibit at the Petersen Automotive Museum in Los Angeles, features 30 of the world’s highest-performing road vehicles. More at The Drive. 

 A spy photographer captured extensive drone footage of a Tesla Cybertruck in testing, revealing a number of changes since the concept vehicle was revealed in 2019. More at Autoblog. 

+   Danny Earnhardt Sr., the youngest son of Ralph Earnhardt, brother of NASCAR legend Dale Earnhardt Sr., and mechanic at JR Motorsports, has passed away at 67. More at Jayski. 

Photo courtesy of the Petersen Automotive Museum. 

Review the previous Executive Briefing from December 10 here. 

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