This 1964 Porsche 904 GTS once owned by actor Robert Redford is expected to bring up to $1.6 million at the Bonhams Grandes Marques à Paris sale. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ U.S. auto sales are expected to fall in December, as supply shortages and high demand have caused prices to skyrocket, say consultants J.D. Power and LMC Automotive. More at Reuters.
+ Tesla will block access to video games played on display screens while its cars are moving, the National Highway Traffic Safety Administration (NHTSA) announced. More at Yahoo! Finance.
+ Toyota reports it is reviewing its decision to convert its key-fob remote starter feature into a monthly paid subscription plan after receiving blowback from car owners. More at The Drive.
+ The IndyCar series announced a multiyear extension with Dallara, its sole chassis supplier, in a deal that aligns with its engine agreements with Honda and Chevrolet. More at IndyStar.
+ After 26 years and 51,738 cars, nearly half the Lotus vehicles ever sold, the British automaker is discontinuing its Elise, Exige, and Evora models to focus on new products. More at Car and Driver.
+ Demand for some Stellantis vehicles will keep plants in Michigan, Ohio and Mexico running into the holiday break, while low demand will keep others shut down through January. More at The Detroit News.
+ A new report from Automotive News, using data and analysis from consulting firm KPMG, suggests that the current used vehicle price boom will die in late 2022 to early 2023. More at Autoblog.
+ EV startup Gravity Inc. is launching a fleet of 50 Mustang Mach-E taxis in New York City with bright yellow paint, panoramic glass roofs, and 22-inch passenger displays. More at Electrek.
+ Featured consignments at the Bonhams Grandes Marques à Paris sale on Feb. 3 will include an ex-Robert Redford Porsche 904, a 2015 La Ferrari, and a 1936 Bugatti 57C. More at Sports Car Digest.
+ Michigan racer Bob Keselowski, father of NASCAR star Brad Keselowski and a former ARCA stock car and NASCAR truck series competitor, has passed away at 70. More at CBS Sports.
Photo courtesy and copyright of Bonhams.
Review the previous Executive Briefing from December 20 here.