The Genesis X Gran Turismo Concept will probably never see production, but it will be featured in a video game. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ At an industry conference, Ford chief financial officer John Lawler said he expects new car prices in 2024 to fall to relative 2019 levels and carmakers to offer more incentives. More at the Detroit Free Press.
+ GM Defense has landed a 10-year contract worth up to $300 million to produce heavy-duty Chevrolet Suburbans with special armor for the United States government. More at Motor Authority.
+ A BMW iX EV equipped with a prototype dual-chemistry battery supplied by Our Next Energy (ONE) of Michigan achieved 608 miles of range on the European WLTP test cycle. More at Car and Driver.
+ Former Formula 1 pilot Filipe Massa will make his sports car racing debur at the Rolex 24 hours of Daytona driving a Riley LMP2 with Felipe Fraga and Josh Burdon. More at Dailysportscar.
+ EV maker Fisker announced it will scale back production this month and produce fewer cars this year than its previous guidance in order to build up more operating capital. More at Reuters.
+ Spy photographers have captured multiple images of the upcoming 2025 Lincoln Navigator wrapped in camouflage but revealing details of the exterior styling and trim. More at Autoblog.
+ The Biden administration has announced revised tax credit regulations for electric vehicles to restrict Chinese imports, effective in January following a public feedback period. More at CBT News.
+ Hyundai’s Genesis brand unveiled the Genesis X Gran Turismo Concept with no plans for production, but you can drive the 1,071 hp hypercar in the Gran Turismo video game. More at The Drive.
+ Richard Childress Racing and the Australian Erebus Motorsport team are working on a deal to field NASCAR star Kyle Busch in a Camaro as a wild card in the 2024 Adelaide 500. More at V8 Sleuth.
+ Furloughed workers at Volkswagen’s former plant in Russia are being offered severance packages as the new owners struggle to find a partner following VW’s exit. More at World Auto Forum.
Photo courtesy of Genesis.
Review the previous MCG Executive Briefing from December 1 here.
Join Mac’s Motor City Garage on Facebook and Twitter to receive notices when every new story is published.