MCG Executive Briefing for July 19, 2019

In California, Chevrolet formally introduced the long-awaited C8 mid-engine Corvette Stingray with a base price of less than $60,000. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines:

+  In a historic blimp hanger in Tustin, California, Chevrolet officially rolled out the 2020 C8 Corvette Stingray, the brand’s first mid-engine production road car. More at Road & Track.

 Ford Performance will relocate the pavement portions of its performance driving school to Charlotte Motor Speedway, while the off-road portion will remain in Utah. More at Autoblog. 

+  The former Fiat Nardo Ring vehicle test track in Italy’s Apuilia region has been renovated and reopened by Porsche, which purchased the facility in 2012. More at Hemmings Daily. 

+   The Australian Grand Prix will remain at Albert Park in Melbourne until at least 2025 after extending its contract with Formula 1 for another two years, says F1 CEO Chase Carey. More at Racer. 

 Renault Chairman Jean-Dominique Senard is confident that the alliance with Nissan remains on track with the appointment of a new board at the Japanese firm. More at The Detroit News. 

 Key Daimler investors oppose Dieter Zetsche’s elevation to chairman of the automaker’s supervisory board, according to the German business paper Handelsblatt. More at Automotive News Europe. 

 Police in Itajaí, Brazil busted a father-and-son specialty builder that was allegedly constructing unlicensed replicas of exotic Ferrari and Lamborghini sports cars. More at The Drive.

+  Bruce Crower, the noted Bonneville and Indianapolis racer, performance industry pioneer, and founder of the Crower Cams & Equipment Company, has passed away at 89. More at Performance Racing Industry. 

 Vintage competition Ferraris will be featured at the 2019 Concours d’Elegance of America, on Sunday, July 28, at The Inn at St. John’s in Plymouth, Michigan. More at Classic Cars.com Journal. 

 Sage Karam will race for Carlin-Chevrolet this Saturday at Iowa Speedway following his successful run in the SmartStop Self Storage entry last weekend at Toronto. More at Motorsport.com.

Review the previous Executive Briefing from July 15 here.

Photo by General Motors. 

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2 thoughts on “MCG Executive Briefing for July 19, 2019

  1. Are they still going to offer the Vette in traditional front engine rear drive with a proper gearbox?
    I suspect a lot of ‘traditional’ buyers will still want it.
    The same buyers who do not want flappy paddles.

    • As I heard it, the Bowling Green plant can restart the front-engine line if it has to, but they are really really hoping it’s not necessary. Meantime there is a huge inventory backlog of current models. It looks like they deliberately overproduced in the final months.

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