Chevrolet has rolled out its all-new Coloradio midsize pickup, which will be offered only in crew-cab shortbed form with four-cylinder engines. Get all the latest auto industry news in the Executive Briefing. 

Today’s headlines: 

+   Automakers and U.S. lawmakers are closely reviewing the details of a proposed expansion of the electric vehicle tax credit, which includes removing the manufacturer cap. More at Reuters. 

+   The next-generation 2024 Ford Mustang, known internally to the automaker as the S650, will debut at the Detroit Auto Show on September 14, CEO Jim Farley said via Twitter. More at The Detroit News. 

+   For a second straight quarter, Amazon took a massive writedown on its investment in electric vehicle maker Rivian, as RIvian shares lost nearly half their value in that time. More at CNBC. 

+   Four-time world champion Sebastian Vettel, who currently competes for the Aston Martin team, has announced his retirement from Formula 1 at the end of the season. More at ESPN. 

+   The fastest-selling new car in June 2022 was the Subaru Crosstrek with an average time of 12.9 days to sell, followed by the Honda Civic, Subaru Forester, and the Honda CR-V. More at Autoblog.

+   Authorities in York, Maine, are searching for a bandit who stole a 2021 Ferrari 812 GTS valued at $700,00 from a hotel’s valet lot, then crashed it, abandoned it, and fled. More at The Drive. 

+   Chevrolet introduced its all-new Coloradio midsize pickup, which will be offered only in crew-cab, shortbed form with a choice of three turbocharged four-cylinder engines. More at Edmunds. 

+   Honda is teasing a four-minute video that forecasts the styling of the 2024 Prologue electric SUV, to be built in partnership with General Motors on the Ultium platform. More at CNET Cars. 

+   Camping World, the title sponsor of the NASCAR truck series since 2009, has announced that it wll not renew its sponsorship agreement for the 2023 season. More at Motorsport.com. 

+   Ford has unveiled the USA’s first electric pickup truck built for police use, the F-150 Lightning Pro SSV, claiming a 0-60 mph time of 4.0 seconds and a range of up to 320 miles. More at Car and Driver. 

Photo courtesy of General Motors. 

Review the previous Executive Briefing from July 25 here.