This 1939 Packard 1708 Sport Sedan will headline the Worldwide Auburn Autumn sale. Get all the latest automotive news in the Executive Briefing.
Today’s Headlines:
+ Cadillac Vice President John Roth says the GM luxury brand is pressing forward with its all-EV agenda despite the end of federal tax credits, saying the change was anticipated. More at CBT News.
+ Ford has agreed to a job protection plan with the IG Metall union covering 10,000 workers at its Cologne, Germany EV plant with voluntary layoffs for 2,900 positions. More at MSN News.
+ BMW chief executive Oliver Zipse says he is optimistic that the European Union and the Trump administration in the U.S. can work out a “manageable” deal on auto import tariffs. More at World Auto Forum.
+ Apple is reportedly the frontrunner over ESPN2 to acquire the media rights to Formula 1 in the USA, tendering an offer that is said to be worth at least $150 million per year. More at Motorsport.com.
+ Nissan may get to use some idled manufacturing capacity at its Canton, Mississippi assembly plant to produce Nissan-based body-on-frame pickups for Honda, Nikkei reports. More at The Drive.
+ Chinese automaker Chery is denying assertions that the company improperly claimed $53 million in Chinese government subsidies for environmentally friendly vehicles. More at Reuters.
+ Autoblog has ranked the five least-expensive pickup trucks currently sold in the United States, with the Ford Maverick XL and Hyundai Santa Cruz SE coming out on top. More at Autoblog.
+ General Motors is pausing operations at the Silao, Mexico assembly plant where Chevrolet Silverado and GMC Sierra pickups are produced for two two-week periods. More at the Detroit Free Press.
+ A 1939 Packard 1708 Sport Sedan with unique coachwork by Bohman & Schwartz will be among the headliners at the annual Worldwide Auctioneers Auburn Autumn sale. More at Old Cars.
+ Christopher Bell, a three-race winner this year in the NASCAR Cup series for Joe Gibbs racing, will wheel a winged sprint car in the Kings Royal at Eldora Speedway this week. More at Sports Illustrated.
Photo courtesy of Worldwide Auctioneers.
Review the previous MCG Executive Briefing from July 11 here.
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