Lamborghini’s replacement for the Gallardo, the 2015 Huracan, will arrive next spring with a twin-clutch gearbox and a 5.2-liter V10 with 601 hp. Get all the latest auto industry news in the Executive Briefing.
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+ Ford and GM plants will extend their annual holiday shutdowns an extra week in an effort to reduce product inventories. More at The Detroit News.
+ Car owners in Venezuela are bracing to give up their nearly free gasoline supported by government subsidy. More at National Public Radio.
+ The South Korean government has handed down over $100 million in fines to Continental, Bosch, and Denso Corp. for price fixing. More at the Chicago Tribune.
+ Formula One supreme boss Bernie Ecclestone wants the final three races of the 2014 season to pay double points, but concedes the controversial scheme may be dropped next month. More at Yahoo! Sport UK.
+ The Cuban government is lifting its long-standing restrictions on the importation of late-model automobiles. More at ABC News.
+ Fiat has reopened talks with the Chrysler workers’ VEBA benefits trust to purchase the unit’s 41.9 percent stake in the automaker. More at Reuters.
+ A new series for dirt modifieds in the Northeast, the Short Track Super Series Fueled by VP Racing Fuels, will host six events at five tracks in 2014. More at National Speed Sport News.
+ Lamboghini has unveiled its replacement for the Gallardo, the 2015 Lamborghini Huracan, powered by a 601 hp V10 and sharing its chassis with the next-gen Audi R8. More at Motor Trend.
For the previous Executive Briefing from December 20, click here.