MCG Executive Briefing for December 14, 2018

This rare 1940 Ford Marmon-Harrington 4×4 station wagon will be offered at the RM Sotheby’s Phoenix auction in January. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines: 

+   President Donald Trump attacked General Motors CEO Mary Barra, charging that the company was shifting production to Mexico and switching its entire line to electric cars. More at Yahoo! Finance. 

+   Volkswagen’s Audi division has named acting head Bram Schot, 57, as the luxury brand’s permanent chief executive, replacing the departed Rupert Stadler. More at The Detroit News. 

 The board at Nissan may fail to select a new chairman on December 17 to replace the deposed Carlos Ghosn after a nominating panel failed to agree upon a candidate. More at Reuters. 

+   After nine championships competing for PSA Group, World Rally Championship legend Sebastien Loeb has landed a two-year, nine-race contract with Hyundai. More at Road & Track. 

 Auto sales in China continue to decline, sliding 14 percent in November over the same month in 2017, the Chinese Association of Automobile Manufacturers reported. More at CNBC. 

 A rare 1940 Ford Standard Marmon-Harrington 4×4 station wagon will be among the offerings at the RM Sotheby’s annual Phoenix auction on January 17-18. More at Hemmings Daily. 

+   Spy photographers have captured images of the 2020 Porsche 911 Cabriolet, due in showrooms in mid-2019, testing on German highways in nearly undisguised form. More at Autoblog. 

+   Hyundai has appointed Albert Biermann, who formerly led BMW’s M program, to be the automaker’s new director of R&D and the first non-Korean to lead the division. More at Motor Trend. 

 In its most recent Vehicle Health Index study, CarMD named the 2016 Audi Q5, 2017 Honda Civic, and 2017 Subaru Crosstrek among the most trouble-free vehicles in America. More at the Detroit Free Press. 

2 thoughts on “MCG Executive Briefing for December 14, 2018

  1. When did it become acceptable for the president to slander companies when they displease him?

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