MCG Executive Briefing for December 2, 2016

1971-funny-snake-cudaDon Prudhomme’s original 1971 Barracuda Hot Wheels funny car, restored by The Snake himself, will be offered with no reserve at the Barrett-Jackson Scottsdale auction next month. Get all the latest automotive news in the Executive Briefing. 

 

 

Today’s headlines:

+   Stunning the motorsports world, newly crowned Formula 1 champion Nico Rosberg, 31 years old, has suddenly announced his retirement from racing. More at Autosport. 

+   U.S. auto sales rebounded in November, increasing 3.7 percent over last year to 1.38 million units, with Ford and GM posting increases and Chrysler reporting a 14.3 percent decline. More at The Detroit News. 

+   Volkswagen’s truck and bus unit will invest $446.5 million in Brazil over the next five years to offer new products, modernize its Resende plant, and develop connectivity services. More at Reuters. 

+   Monster Energy Drink will become the title sponsor of NASCAR’s top racing series, replacing Sprint

\in a multiyear deal with details not yet disclosed. More at the Charlotte Observer.

+   Photographers have spied the new Mercedes-Benz E-Class coupe with revised S-class styling nearly without camouflage on the road in Germany. More at Autoblog. 

+   Cadillac has unveiled the DPi-V.R. prototype that will compete at the Rolex 24 Hours of Daytona in February with the Wayne Taylor and Action Express teams. More at Sportscar365.com. 

+   Toyota will unveil its all-new 2018 Camry at the North American International Auto Show in Detroit in January, says American sales chief Bob Carter. More at the Detroit Free Press. 

+   BMW will invest $534 million in new self-driving and digital technologies over the next 10 years with its i Ventures venture capital division. More at Automotive Business Review. 

+   Roush Fenway Racing will downsize significantly for 2017, campaigning two Ford entries in NASCAR’s premier series for Trevor Bayne and Ricky Stenhouse Jr. More at ESPN. 

+   China’s Minister of Finance has announced a new 10 percent sales tax on luxury cars and SUVs that cost the equivalent of $190,000 or more. More at Motor Trend.

+   Don Prudhomme’s original 1971 Barracuda Hot Wheels funny car, restored by The Snake himself, will be offered at the Barrett-Jackson Scottsdale auction January 14-22. More at Hemmings Daily. 

+   Four-time NASCAR champion Jeff Gordon will join Wayne Taylor Racing to drive a Cadillac prototype in the Rolex 24 Hours of Daytona in February. More at Motorsport.com.

Review the previous Executive Briefing from November 28 here.

Photo courtesy of Barrett-Jackson. 

Have you joined Mac’s Motor City Garage on Facebook? It’s lots of fun with rare photos, car lore, trivia, and great discussions. Click here to go the page and join MCG. Be sure to check out our companion Facebook page MOTOROLOGY, too.  

3 thoughts on “MCG Executive Briefing for December 2, 2016

  1. “Monster Energy Drink will become the title sponsor of NASCAR’s top racing series, replacing Verizon”

    Ummmmm. Sprint maybe?

Leave a Reply