MCG Executive Briefing for July 1, 2013

Driving a specially constructed Peugeot 208 T16, rally legend Sebastien Loeb smashed Rhys Millen’s 2012 record by a minute and a half Sunday at the Pikes Peak Hill Climb. Read all the auto industry news in today’s Executive Briefing.  -Peugeot Sport photo


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+   Renault-Nissan boss Carlos Ghosn has been appointed Chairman of the Board at Russian manufacturer Avovaz, maker of Ladas. More here at

+   The NHTSA is investigating a potential failure on Honda Odyssey minivans that could cause vehicle braking without pedal application. More here at Reuters.

+  Toyota’s new engineering and manufacturing chief for North America, Osamu Nogatu, has relocated the post’s office from California to Southeast Michigan. More here at The Detroit News.

+   In his first visit to Pikes Peak, nine-time World Rally champion Sebastien Loeb shattered the course record with a time of 8:13.878. More here at the Colorado Springs Gazette.

+   Ford has agreed to repair sticky throttle cables on nearly half a million 2000-2003 Taurus and Sable models, quelling an NHTSA inquiry. More here at the Detroit Free Press

+   Cadillac has dropped its plans to produce a $100,000 ultra-luxury flagship sedan, internal sources have indicated. More here at 4 Wheels News.

+   German Chancellor Angela Merkel says she blocked a proposed European Union law aimed at reducing carbon emissions to protect jobs in the auto industry. More here at

+   FIA Race Director Charlie Whiting says he nearly stopped Sunday’s British Grand Prix after a series of catastrophic Pirelli tire failures. More here at the Glasgow Herald.

For the previous Executive Briefing June 24, click here

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