MCG Executive Briefing for February 1, 2019

This rare 1950 Porsche split-windshield coupe will be offered at the Bonhams Paris auction, where it is expected to bring up to $1.2 million. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines: 

 The Renault-Nissan-Mitsubishi alliance was the leading maker of passenger cars in 2018, but Volkswagen ranks at the top when trucks are included in the totals. More at Reuters. 

+   Investment in the British auto industry plunged 46 percent last year amid mounting concerns about the United Kingdom’s departure from the European Union. More at Automotive News Europe. 

+   With sales of the new Ranger intermediate pickup exceeding all expectations, Ford is scheduling heavy overtime at the vehicle’s Wayne, Michigan plant in February. More at Autoblog. 

+   NASCAR Monster Energy Cup drivers expressed guarded optimism following a test of the 2019 aero and technical package at Las Vegas International Speedway. More at NBC Sports. 

+   Volkswagen is teasing images of a new electric concept vehicle inspired by the original Meyers Manx dune buggy before its formal launch at the Geneva Motor Show. More at Motor Trend. 

+   The National Corvette Museum Motorsports Park in Bowling Green, Kentucky, across the highway from the museum, has acquired an additional 208 acres. More at Hemmings Daily. 

+   Five exceptional German classics will be among the consignments at the eighth annual Bonhams Paris collector car auction during Retromobile on February 7. More at Classic Cars.com Journal. 

 As anticipated, after 25 years the Sauber name will disappear from the Formula 1 grid in 2019 as the operation is officially rebranded Alfa Romeo Racing. More at Motorsport.com. 

 In advance of next week’s Chicago Auto Show, Subaru is teasing facts and images of its 2020 Legacy three-box sedan, which will feature a massive touch screen. More at The Drive. 

+   General Motors and Fiat Chrysler Automobiles temporarily shut down their plants in Southeast Michigan this week due to a shortage of natural gas in the region. More at The Detroit News. 

 Gainbridge, an online financial services platform, has expanded its IndyCar presence to become the presenting sponsor of the Indianapolis 500 beginning in 2019. More at Racer. 

Review the previous Executive Briefing from January 28 here.

Photo courtesy of Bonhams. 

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