This 1937 Bugatti Type 57S Cabriolet with coachwork by Vanvooren Is expecting to bring more than $8.5 million at the RM Sotheby’s Amelia Island auction. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Production jobs will be lost in the shift to electric automobiles, but the losses will be offset by new positions generated by electro-mobility, says Continental CEO Elmar Degenhart. More at Automotive News Europe.
+ Nissan’s Infiniti brand will unveil a luxury SUV concept loaded with autonomous driving technology at the North American International Auto Show Jan. 9 in Detroit. More at the Detroit Free Press.
+ Despite missing its sales objectives in recent years, Hyundai Motor Co. aims to sell 5.08 million vehicles globally in 2017, up slightly from its 2016 goal. More at Reuters.
+ Dale Earnhardt Jr. and longtime girlfriend Amy Reimann were married on New Year’s Eve in a ceremony at Richard Childress Vineyards in North Carolina. More at ESPN.
+ Gasoline prices are creeping higher and consumers could see a price spike by mid-2017 due to rising consumption and an increase in petroleum exports. More at CNBC.
+ The U.S. National Highway Traffic Safety Administration is investigating reports that some Land Rover SUVS and Jaguar XF sedans could roll away when parked, producing accidents. More at The Detroit News.
+ Special classes at the Pebble Beach Concours d’Elegance in 2017 will include Jaguar Custom Coachwork, Ferrari Major Race Winners and Ferrari One-Off Specials. More at Hemmings Daily.
+ A visit to Mercedes racing headquarters in Brackley, England by driver Valtteri Bottas suggests he is set to take Nico Rosberg’s former seat on the Formula 1 team. More at Motorsport.com.
+ A 1937 Bugatti Type 57S with cabriolet bodywork by Vanvooren, one of three built, will be featured at the 19th annual RM Sotheby’s Amelia Island auction. More at Sports Car Digest.
+ A report by Automotive News found that police departments are increasingly choosing SUVs over conventional sedans due to their greater cargo capacity and impressive performance. More at Motor Trend.
Review the previous Executive Briefing from December 30 here.
Photo by Darin Schnabel courtesy of RM Sotheby’s.
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