MCG Executive Briefing for July 19, 2024

This 1968 Ferrari 330 GTS will be among the star attractions at the Gooding & Company Pebble Beach sale. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

 According to a Bloomberg Green analysis, the number of public EV chargers is set to surpass the number of gas stations in the USA in around eight years, though it could come sooner. More at Bloomberg. 

+   As General Motors prepares to vacate its headquarters in the Renaissance Center in downtown Detroit, the facility’s demolition is the increasingly likely outcome, insiders believe. More at Autoblog. 

+   Stellantis is recalling more than 24,000 Chrysler Pacifica hybrid minivans due to a battery defect that could cause fires, and is advising owners in the meantime to park outdoors. More at The Detroit News. 

 The IndyCar Series experienced multiple problems in its attempts to remotely activate and deactivate the energy recovery systems (ERS) in the race cars at Iowa. More at Racer. 

  New Tesla registrations in California fell 24 percent in April through June, marking the third consecutive quarter in which the company posted a sales drop in its key market. More at Reuters. 

+  Cadillac will discontinue the Escalade luxury SUV’s diesel version, powered by a 3.0 liter turbocharges Duramax inline six, at the end of the 2024 model year due to low demand. Moe at The Drive. 

+   John F. Kennedy International Airport (JFK) has launched a three-month-long trial of driverless shuttle buses with SAE level 4 autononous capability in its parking areas. More at Autoweek. 

 Ian Cameron, 74, who was chief of Rolls-Royce design from 1999 to 2012, was stabbed to death by an unknown attacker when he answered the door at his home in Bavaria. More at Car and Driver.

+   Gooding & Company will offer six vehicles without reserve from the Scott Isquick estate at its Pebble Beach auction, including a 1968 Ferrari 330 GTS and a 1913 Rolls-Royce Silver Ghost. More at Old Cars. 

  The Haas F1 team has decided not to continue with driver Kevin Magnussen in 2025 but has yet to announce a replacement, though Estabon Ocan is said to be a leading candidate. More at BBC Sport. 

Photo courtesy of Gooding & Company. 

Review the previous MCG Executive Briefing from July 15 here.

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3 thoughts on “MCG Executive Briefing for July 19, 2024

  1. Readers, in the lead photo, did you first see the car as a yellow MGB roadster or as a yellow Fiat 124 Spider? I saw it as an MGB.

    • It’s funny how people can be thrown off by a Ferrari that’s not red. I recognized it as a Ferrari, the deep dish Borrani wheels being a subliminal cue. I took a 2nd look after your post and saw a lot of Fiat 124 in it. I was heavily into British cars for a while so their profiles are etched into my mind. This isn’t rectangular enough. From the windshield back, I see more TR than MGB. Also, I don’t think MG was so bold with colors until the rubber bumper days.

      This is from when Ferrari still knew how to make attractive cars. I love the 250GT (the Ferris Bueller car) and this GTS is an offshoot of that.

      I love it even more for being Fly Yellow. Red Ferraris, green Jaguars and silver Benzes can get boring fast. Oddly, the national colors thing never took hold with Japanese cars or Corvettes. In this day of all cars being white, black or gray, a yellow car is most welcome.

      The sad thing is this 330GTS will be bought as an investment, not a car.

  2. “the number of public EV chargers is set to surpass the number of gas stations in the USA in around eight years”

    I wouldn’t put any money on this. Particularly if a significant amount are predicted as Tesla Superchargers. Elon is always prone to hissy fits and could shut down the charger business overnight when he finds that his competitors are doing better as a result of their pact to use Tesla chargers.

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