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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