MCG Executive Briefing for February 25, 2022

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This 1963 BSA 499cc Gold Star will be among a collection of 46 classic British motorcycles offered at the Bonhams Amelia Island sale. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines: 

+   Ford chief executive Jim Farley firmly rejected media reports that the automaker is planning to separate its electric vehicle and internal combustion vehicle operations.  More at Reuters. 

+   German transportation minister Volker Wissing is pushing back against proposals to ban internal combustion vehicles by 2035, citing synthetic fuels as a possible solution. More at The Drive. 

+   U.S. auto safety regulators are investigating complaints that the automatic braking systems on more than 1.7 million newer Hondas can suddenly activate for no reason. More at The Detroit News.

+   In response to the invasion of Ukraine, four-time world champion Sebastian Vettel says he will not race in the Russian Grand Prix if Formula 1 still visits there later this year. More at Autosport.com. 

+   Refuting skeptics, Faraday Future unveiled the first production-intent example of the FF91, its electric crossover set to begin production in Hanford, California in fall of 2022. More at Autoblog. 

+   The reborn DeLorean brand will introduce a new sports car at the Pebble Beach Concours in August with battery-electric power and updated but true-to-original styling. More at Car and Driver. 

+   The Bonhams Amelia Island auction on March 3 will include 46 classic bikes from the collection of Charles Jacobs that represent the golden age of British motorcycles. More at ClassicCars.com Journal. 

+   Despite protests from the Environmental Protection Agency, the United States Postal Service is moving forward on its fleet purchase of internal combustion-powered trucks. More at CNBC. 

+   NASCAR will not penalize RFK Racing and Team Penske for minor modifications found on the wheels used by both teams last week at Daytona International Speedway. More at NBC Sports. 

+   An image circulating on social media is believed to show the Ferrari’s first SUV, the Purosangue, which is scheduled to begin production in Maranello, Italy later this year. More at Road & Track. 

Photo courtesy and copyright Bonhams. 

Review the previous Executive Briefing from February 21 here.