MCG Executive Briefing for February 7, 2014

Posted on by

VW GRCAndretti Autosport will campaign a pair of 560 hp Volkswagen Beetles in the Global Rallycross series for drivers Tanner Faust and Scott Speed. Get all the latest auto industry news in the Executive Briefing.

 

 

Links open in new windows

+   General Motors reported reduced earnings in 2013 due to continued losses in Europe and smaller profits in Asia and South America. More at the Detroit Free Press.

+   Ford has stepped up its effort to include currency anti-manipulation provisions in the Trans-Pacific Partnership trade pact. More at The Detroit News.

+   DMax, the U.S.-based joint venture of GM and Isuzu that manufactures Duramax diesel engines, announced a $60 million expansion of its Moraine, Ohio plant. More at Automotive Business Review.

+   Andretti Autosport will campaign two AWD Volkswagens in the 2014 Red Bull Global Rallycross Series with drivers Tanner Faust and Scott Speed. More at Autoblog.

+   Kia unveiled the Niro concept, a 2015 Soul battery electric vehicle, and an Optima Hybrid sedan at the Chicago Auto Show. More at Motor Trend.

+   Ford is slashing 300 jobs at its Geelong and Broadmeadows plants in Australia, stirring rumors that the company will hasten its 2016 departure. More at ABC Australia.

+   Daimler AG has forecast a significant rise in earnings due to increased sales of Mercedes C-class sedans and GLA sport utility vehicles. More at Bloomberg.com.

+   Formula One manager David Robertson, whose clients included Kimi Räikkönen and Jenson Button, has passed away at age 70. More at Yahoo! Sport UK.

For the previous Executive Briefing from February 3, click here.

Have you joined Motor City Garage on Facebook? It’s big fun with rare photos, car lore, trivia, and great discussions! Click here to go the page and join MCG!

2 thoughts on “MCG Executive Briefing for February 7, 2014”

  1. Thumbs up for Andretti Autosport, Volkswagen, Tanner Faust and Scott Speed. Thumbs down for Rockstar. You don’t have to make the graphics hideously ugly in order to be noticed. The same applies to nearly every other livery out there.

    Andretti Autosport seems to have come into “rockstar ” money of late. They promote races, run rallye, Formula E, Indycar, Indy Lights, Star Mazda and F2000. Those excuses that racing is getting too expensive are looking mighty flimsy.

  2. Tanner Faust leaving Ford is big. Michael Andretti was never the driver his father was, but is the better business man.

Comments are closed.