MCG Executive Briefing for December 26, 2016

The Indian manufacturing giant Mahindra has acquired the rights to the storied BSA name and reportedly will reintroduce the motorcycle brand in three markets, including the USA. Get all the latest auto industry news in the Executive Briefing. 

 

 

Today’s headlines:

+   The Chinese government will fine General Motors’ joint venture SAIC Motor $29 million for monopolistic trade practices, a move seen as a warning shot at President-elect Donald Trump. More at Reuters.

+   Ford has unveiled an updated 2017 Mustang line with minor revisions and price increases ranging from $275 for the Ecoboost four-cylinder to $770 for the V6. More at the Detroit Free Press. 

+   Two top executives at startup electric car maker Faraday Future, Marco Mattiacci and Joerg Sommer, have suddenly resigned amid reports that the company is near collapse. More at The Verge. 

+   Mercedes Formula 1 executive director Toto Wolf says the team will offer tests to MotoGP legend Valentino Rossi and WRC star Sebastien Ogier next season. More at Motorsport.com. 

+   Recently disclosed dealer documents suggest that the 2018 Corvette will be offered with a 6.2-liter double overhead-cam V8 bearing the LT5 label. More at Motor Trend. 

+   Germany’s highest civil court dismissed an appeal by 19 hedge funds in their battle with Porsche Automobil Holding over the takeover attempt of Volkswagen in 2008. More at Automotive News Europe.

+   Fiat Chrysler Automobiles is planning to recall 43,000 SUVs that are at risk of stalling due to defects in their crankshaft or camshaft sensors. More at The Detroit News. 

+   Deputy team principal Claire Williams says aerodynamics were a key weakness in the Williams Formula 1 effort this season but the team must improve in all areas in 2017. More at Autosport.

+   Rights to the historic BSA motorcycle brand (1910-1973) have been acquired by the Mahindra Group of India, which plans to reintroduce the name in three markets, including the USA. More at Hemmings Daily. 

+   A federal judge warned Volkswagen owners not to strip parts from their diesel vehicles before attempting to sell them back to the automaker through the company’s emissions settlement. More at USA Today

Review the previous Executive Briefing from December 23 here.

Photo of 1959 BSA Super Rocket courtesy of Mecum Auctions.  

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One thought on “MCG Executive Briefing for December 26, 2016

  1. It would be great to see how the world’s new technology could “remake” an icon bike like Beezers. Everything from castings, materials, seals, gaskets, tyres – and I hope the Indian makers are up to the new techs.

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