MCG Executive Briefing for January 15, 2018

Sporting Cranberry Red paint and a fresh restoration, this 1970 LS6 Chevelle will cross the block at this week’s Barrett-Jackson Scottsdale auction. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s headlines:

+   Daniel Sexton Gurney, one of America’s great racing heroes with victories in Formula 1, Indy, NASCAR, Can-Am, and Le Mans, has passed away at 86. More at Racer. 

 As the 2018 North American International Auto Show opens in Detroit, major product introductions include the 2019 Chevy Silverado, Volkswagen Jetta, and Ford Ranger. More at The Detroit News. 

+   General Motors CEO Mary Barra expressed confidence that the North American Free Trade Agreement will remain in force in terms agreeable to the USA, Canada, and Mexico. More at CNBC.

 France-based subassembly manufacturer Bonta Center is moving from Madison Heights, Michigan to a much larger facility at 1099 Chicago Road in nearby Troy. More at Crain’s Detroit Business. 

 Fiat Chrysler Automobiles CEO Sergio Marchionne says the automaker can double its profits within five years by exploiting the potential of the Jeep brand. More at Markets Insider. 

+   Workers at Audi and BMW continued to stage strikes last week, while German labor leaders and employers are aiming for a deal on wages and hours by early February. More at Reuters. 

 Ford plans to increase its investment in electrification to $11 billion by 2022, increasing its original pledge of $4.5 billion, says Executive Chairman Bill Ford. More at the Detroit Free Press. 

+   Barrett-Jackson’s 47th annual Scottsdale auction features a broad assortment of Detroit muscle cars, including a 1970 LS6 Chevelle SS with M-22 four-speed. More at Classic Cars.com Journal. 

 In Detroit, Ford unveiled is latest incarnation of the Mustang Bullitt edition, featuring a 475-horsepower V8 and a buyer’s choice of Highland Green or Black exterior paint. More at Motor Trend.  

+   Oklahoma native Christopher Bell won the Chili Bowl Midget Nationals in Tulsa for a second straight year when Kyle Larson fell out with engine troubles in the final laps. More at ESPN. 

Review the previous Executive Briefing from January 12 here. 

Photo courtesy of Barrett-Jackson. 

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8 thoughts on “MCG Executive Briefing for January 15, 2018

  1. I think the passing of Mr. Gurney should have been your lead today, not some old Chenille that will have people with more money than brains fighting over it this week.

  2. While I don’t wish to insult the car collectors out there, I wholeheartedly agree that the passing of Dan Gurney is far more noteworthy.

  3. R.I.P., Dan Gurney, you were always my racing hero. Your many achievements in life as well as the world of racing were extraordinary and admirable. Godspeed, sir.

    Yes, this story should have been today’s lead. Mr. Gurney was truly a remarkable gentleman and will be sorely missed.

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