Chevrolet has announced its pricing for the 2023 Corvette Z06, which will start at $106,395 including the 670-hp flat-crank V8. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Following a 12-month decline, new vehicle sales in Europe have reached their lowest point since 1996 at just over 1.06 million, as some carmakers fell 50 percent. More at Reuters.
+ Insiders say Stellantis is preparing a sendoff version of the Dodge Challenger with a supercharged 6.2-liter hemi V8 that can produce 909 hp on E85 ethanol pump fuel. More at Autoblog.
+ Volkswagen China, which includes joint ventures with SAIC Motor and FAW Group, reaffirmed its goal of doubling sales of ID electric vehicles this year despite COVID restrictions. More at World Auto Forum.
+ Dr. Julia Vaizer will become the first female medical chief for IndyCar and the Indianapolis Motor Speedway next season with the retirement of Dr. Geoffrey Billows. More at CBC.
+ The U.S. Postal Service has issued a series of commemorative stamps honoring the Ford Mustang, Chevy Camaro, AMC Javelin, Dodge Challenger, and Mercury Cougar. More at The Drive.
+ Volvo’s parent company Geely is launching an electric pickup truck and SUV brand based for China on Geely’s SEA architecture, but there are no plans to market it in the USA. More at Autoweek.
+ After a half-century haitus, Toyota’s ultra-premium Crown model will return to North America this year as a luxury sedan with crossover-like proportions and a 340-hp hybrid powertrain. More at CNET.
+ Three-time USAC champion Bobby East was reportedly stabbed to death in a confrontation at a California service station with a suspect who was then killed in a police shootout. More at CNN.
+ General Motors has announced its pricing for the 2023 Corvette Z06, which will start at $106,395 with the 5.5-liter, 670-hp flat-crank V8 when the order books open on July 28. More at Car and Driver.
+ Saudi Arabia’s Public Investment Fund is now the second-largest shareholder in Aston Martin behind Yew Tree, the consortium led by fashion mogul Lawrence Stroll. More at Motor Authority.
Photo courtesy of General Motors.
Review the previous Executive Briefing from July 15 here.