MCG Executive Briefing for January 6, 2014

Chevrolet has set the list price of the 2014 Camaro Z/28 at a formidable $75,000, which includes a gas guzzler tax and a $995 destination fee. Get all the latest auto industry news in the Executive Briefing. 

 

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+   U.S. vehicle sales topped 15.6 million in 2013, reaching the greatest volume since the Great Recession, and analysts predict that 2014 will surpass that level. More at The Detroit News.

+   High-profile investor Carl Icahn has purchased 30 million to 40 million shares of rental car giant Hertz, which has responded with a poison-pill measure. More at CNBC.

+   Chevrolet has set the list price of the 2014 Camaro Z/28 at $75,000, which includes gas guzzler tax and a $995 destination fee. More at Autoblog.

+   The decline in car sales in Germany worsened in 2014, slipping below 3 million vehicles for the first time since 2010. More at Reuters.

+   Former Cadillac executive Don Butler is Ford’s new executive director of connected vehicles and services. More at The Detroit Bureau.

+   With legal obstacles overcome, the Austrian Grand Prix has been firmed up for June 22 on the 2014 Formula One schedule. More at Yahoo! Sport UK.

+   Atlanta media conglomerate Cox Enterprises Inc. has bought back its controlling interest in AutoTrader Group Inc. from Providence Equity Partners. More at Venture Capital Post.

+   Richard Westbrook of Spirit of Daytona Racing set quick time in Roar before the Rolex 24 testing at Daytona this past weekend. More at Motorsport.com.

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

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