MCG Executive Briefing for February 12, 2018

The famed 1961 Aston Martin DB4GT Zagato known as 2 VEV will cross the block at the Bonhams Goodwood Festival of Speed sale on July 13. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines: 

+   Renault senior board member Thierry Desmarest has resigned just days before a meeting in which CEO Carlos Ghosn will ask directors to back his chosen successor. More at Reuters.

+   According to a study by the transportion data services firm INRIX, Los Angeles continues to have the worst traffic in the United States, followed by New York and San Francisco. More at MSN. 

+   The Porsche and Audi divisions of the Volkswagen Group plan to significantly reduce development costs for their future electric cars with the use of a shared vehicle platform. More at Automotive News Europe. 

 Ford Performance chief engineer Jamal Hameedi hinted that the Ranger Raptor performance truck may be offered in the United States, possibly with a gasoline turbo engine. More at Autoblog. 

+   Mercedes-Benz is teasing camouflage photos of the twin-turbo AMG GT four-door in advance of its official introduction at the Geneva Motor Show next month. More at Motor Trend. 

+   Current NHRA Top Fuel champion Brittany Force was hospitalized overnight with bruised lungs after a first-round crash at the season-opening Winternationals in California. More at Racer. 

+   Uber will pay $245 million to settle an ugly legal battle with Waymo, Google’s self-driving car spinoff, over the alleged theft of Waymo’s intellectual property. More at The Detroit News. 

+   Noteworthy consignments at the Bonhams Goodwood Festival of Speed sale in July will include 2 VEV, the Aston Martin DB4GT Zagato once driven by Jim Clark. More at Sports Car Digest. 

+   Mahindra & Mahindra, India’s third-largest carmaker, has introduced a range of electric vehicles at the Auto Expo 2018 industry show in Greater Noida. More at Automotive Business Review. 

 Alex Bowman, now in his first full season replacing Dale Earnhardt Jr. in the Hendrick Motorsports no. 88 Chevrolet, claimed the pole position for next Sunday’s Daytona 500. More at ESPN. 

Review the previous Executive Briefing from February 9 here. 

Photo courtesy of Bonhams. 

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