This 1961 Aston Martin DB4 Zagato will be among the headliners at the Gooding & Company sale at Somerset House in London. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ John Andretti, a winning driver in IndyCar, NASCAR, and IMSA, and the nephew of Mario Andretti, has passed away at 56 after a long battle with colon cancer. More at NBC Sports.
+ Share prices in Tesla Inc. soared and Wall Street analysts swooned as the electric automaker reported stronger than expected earnings and teased its upcoming Model Y. More at Markets Insider.
+ GMC will unveil a new Hummer electric-powered truck boasting 1,000 hp and a 0-60 mph time of 3.0 seconds with a TV commercial in Sunday’s Super Bowl broadcast. More at Autoblog.
+ The market for Japanese collector cars continues to climb as a pristine 1971 Datsun 240Z with just 21,750 miles on the clock sold for $310,000 in an online auction. More at The Drive.
+ The Wrangler-based Jeep Gladiator pickup, a hot ticket when it was introduced one year ago, is now selling at significant discounts of $2,000 to $9,000 off the sticker price. More at CNET Roadshow.
+ Volkswagen’s Traton truck unit, which currently owns 17 percent of U.S. truck maker Navistar International, has offered to purchase the rest of the company for $2.9 billion. More at Automotive News Europe.
+ At the 2020 Grand National Roadster Show in Pomona, California, Monty Belsham’s Kugel Muroc ’32 Ford received the America’s Most Beautiful Roadster award. More at Hemmings Daily.
+ Ford Motor Co. plans to partner with Plymouth-based electric-vehicle startup Rivian Automotive to develop the first-ever fully electric Lincoln, a luxury SUV. More at The Detroit News.
+ Gooding & Company’s first collector car auction outside the United States will include a “masterpiece collection” of 16 exceptional British, French and Italian cars. More at Classic Cars.com Journal.
+ In a move to bolster its electronics business, parts supplier BorgWarner is acquiring Delphi Technologies in an all-stock deal valued at approximately $3.3 billion. More at the Detroit Free Press.
+ Indy 500 winner and 2004 IndyCar champion Tony Kanaan will say goodbye to the series in 2020 with a five-race farewell tour, all on oval courses, with AJ Foyt Racing. More at WTHR Indianapolis.
Review the previous Executive Briefing from January 27 here.
Photo courtesy and copyright of Gooding & Company.
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So it looks like I missed the train on Tesla stock, which tripled in three months, and on Japanese collector cars too. Still poor.
Z cars, I have owned several but all rotten with rust. Twenty thousand miles,, it will have rust holes!!