MCG Executive Briefing for Feb. 22, 2013

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Unveiled in 2011, the Volkswagen XL1 plug-in diesel hybrid concept can get up to 261 mpg, the company says. VW will display a production version at the Geneva Motor Show in March. See this news and more in today’s Executive Briefing. 

 

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 +   General Motors is pledging $7.3 Billion in new investment in its South Korean unit. More here at The Baltimore Sun. 

+   Volkswagen will display a potential production version of its 261 mpg XL1 diesel hybrid car at the Geneva Motor Show. More here at The Verge.

+   An Italian appeals court has found two two former Fiat advisers guilty of misleading investors when the Agnelli family secured control of the company. More here at Yahoo! News. 

+   Kevin Harvick and Kyle Busch won their respective 150-mile qualifying races on Thursday, setting the 43-car field for Sunday’s 2013 Daytona 500. More here at ESPN. 

+   Ford will build 2.0L Ecoboost engines at its Brook Park, Ohio plant, adding 450 jobs and $200 million in investment. More here at Cleveland.com.

+   According to a report by Sanford C. Bernstein & Co, China’s domestic automakers lag ten years behind in global competitiveness, mainly in R&D. More here at Bloomberg.com. 

+   Mercedes-Benz bested BMW in new vehicle registrations in the USA in 2012,  according to data from R.L. Polk. More here at autoblog.com. 

+   Fernando Alonso in the new Ferrari F138 F1 car topped the day-three time sheets in testing at the Circuit de Catalunya in Barcelona. More here at the UK Guardian. 

 

For the previous Executive Briefing from Feb. 18, click here.

 

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4 thoughts on “MCG Executive Briefing for Feb. 22, 2013”

  1. The XL1 is the first interesting hybrid since the original Insight. I’m looking forward to the details of the actual production model.

    Great news about Ecoboost production going to Brookpark. It has been sad driving past the empty parking lot of a plant with such great history. Will the engine now be called the 2.0 Cleveland?

  2. For me, the concept-to-production process is always interesting. Which features will make it to production and which ones won’t?

  3. How interesting that with all their joint ventures and liberal “borrowing” of intellectual property, the Chinese mfgers remain 10 years behind.

    • I came here to say something like that. Except I would’ve gone further than to put borrowing in quotes.

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