Infiniti is teasing this image of the Q50 Eau Rouge concept in advance of the upcoming North American International Auto Show in Detroit. Get all the latest car biz news in the Executive Briefing.
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+ Fiat has now become the sole owner of Chrysler, agreeing to to pay $3.65 billion for the 42 percent of Chrysler owned by the UAW VEBA retiree trust. More at CNN Money.
+ China’s largest auto parts company, Wanziang, made a last-minute bid of $24.75 million for Fisker Automotive. More at Reuters.
+ The first official test of the Tudor United SportsCar Championship takes place this weekend in Daytona, with 66 entries preparing for the Rolex 24 later this month. More at National Speed Sport News.
+ Infiniti has released the first image of its Q50 Eau Rouge concept in advance of the 2014 North American International Auto Show in Detroit. More at The Detroit Bureau.
+ Hyundai Motor Co. and Kia Motor. Co, have forecast their slowest growth rates in eight years, citing stronger currency and increased competition. More at Bloomberg.com.
+ BMW and Toyota have formalized their plans for an engineering joint venture that will include the development of a pair of sports cars. More at Autoblog.com.
+ Audi will debut its Sport Quattro Laserlight plug-in hybrid concept at the 2014 Consumer Electronics Show in Las Vegas. More at Green Car Reports.
+ The condition of F1 great Michael Schumacher remains stable but critical after a skiing accident in France last weekend. More at the Chicago Tribune.
For the previous Executive Briefing from December 30, click here.
BMW may come to regret that Toyota partnership. The only thing that Toyota has never figured out is how to make a decent sports car. This could be the final puzzle piece in the complete domination of all niches. A new Supra sounds like it will be expensive though. I’d rather see them playing at the Corolla GTS level. I wonder if this new car will eventually become their NASCAR platform.
PS: The infiniti looks nice but I mistook it for a Ford. All of today’s cars look alike. Now get offa my lawn!
I also thought the Infinity was a Ford.