The 2015 Ferrari California T convertible/coupe hits the showrooms this fall sporting a 3.8-liter turbo V8 with 550+ hp. Get all the latest auto industry news in the Executive Briefing.
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+ General Motors is recalling nearly 800,000 Chevy Cobalt and Pontiac G3 models due to an ignition lock problem that that has been linked to six deaths. More at NBC News.
+ Bosch, GS Yuasa, and Mitsubishi have formed a joint venture in Germany to develop next-gen batteries for electric vehicles. More at the Automotive Business Review.
+ Ford will build the next-generation Edge mid-size crossover at its Oakville, Ontario plant southwest of Toronto. More at The Globe and Mail.
+ NASCAR star Kurt Busch says he is confident he will land a ride in this year’s Indianapolis 500. More at National Speed Sport News.
+ General Motors has pledged to restore the eight Corvettes damaged in a massive cave-in at the National Corvette Museum. More at the Detroit Free Press.
+ The family of Michael Schumacher has issued a statement stating that the seven-time F1 champion, who remains hospitalized in a coma following a ski accident, is “still in a waking-up process.” More at The UK Mirror.
+ Toyota is recalling 1.9 million hybrid vehicles to correct a software problem in their electronic control units. More at USA Today.
+ Chrysler is negotiating an incentive deal with the Canadian government on multi-billion dollar improvements to its plants in Windsor and Brampton, Ontario. More at Reuters.
+ NASCAR Sprint Cup star Jeff Gordon says he could retire if he wins a fifth championship this year. More at Motor Racing Network.
+ Ferrari has revealed the 2015 California T in advance of its full introduction at the Geneva Motor Show next month. More at the UK Telegraph.
For the previous Executive Briefing from February 10, click here.