Created by the famed Vince Gardner, this unique 1965 Mustang two-seat concept is expected to bring up to $600,000 at the Auctions America Fort Lauderdale sale. Get all the latest car biz news in the Executive Briefing. – Auctions America photo by Drew Shipley
Today’s headlines:
+ Cadillac has dropped its advertising agency, Detroit-based Lowe Campbell Ewald, moving the $280 million annual business to Publicis Worldwide. More at Crain’s Detroit Business.
+ Toyota will unveil its redesigned Tacoma midsize pickup at the North American International Auto Show in Detroit on January 12-25, 2015. More at MLive.
+ In the next James Bond film Spectre scheduled to open in November 2015, Agent 007 will drive a new Aston Martin DB10 specially designed for the film, one of ten examples to be produced. More at Autoblog.
+ Four-time Indy 500 winner A.J. Foyt has finally been released from the hospital following triple bypass heart surgery on Nov. 12. More at the Indianapolis Star.
+ Alcoa has developed a new Micromill technology that it says will enable the production of lighter but stronger aluminum auto components. More at Automotive Business Review.
+ Former Ford executive Robert Rewey, a pioneer in consumer marketing in the auto industry, has passed away at 76. More at the Detroit Free Press.
+ As the Takata airbag debacle continues to spread, Mazda announced it will recall an additional 40,000 vehicles with defective inflators. More at The Detroit News.
+ Noted drag racing tuner and crew chief John Medlen, a veteran of both organizations, has left John Force Racing to join Don Schumacher Racing. More at Competition Plus.
+ Audi plants to produce an crossover vehicle with an electric powertrain in 2017 to compete directly with the Tesla X. More at Motor Trend.
+ The two-seater 1965 Mustang concept originally featured in Ford’s Custom Car Caravan in the 1960s will go on the block at Auctions America Fort Lauderdale in March. More at Hemmings Daily.
+ Former Diageo CEO Paul Walsh is expected to become the next chairman of Formula One’s executive board, suggesting that the reign of series czar Bernie Ecclestone could be fading. More at Racer.
For the previous Executive Briefing from December 1, click here.
Looks like a “brain drain” is hitting John Force Racing. Seems like DSR is trying to corner all the talent in his bid to be the only team capable of winning.
The Mustang looks like the prototype for the AMX,