The 1956 Porsche Carrera once owned by California customizer Dean Jeffries will cross the block at the Bonhams Quail Lodge auction, where it could bring up to $600,000. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Marek Reichmann, Aston Martin’s chief creative officer, hints that the British automaker plans to use the Vanquish name on its upcoming mid-engine sports car. More at Motor Trend.
+ Ministers from Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva to plan a response to tariff threats by U.S. President Donald Trump. More at Automotive News Europe.
+ According to the car-shopping site iseecars.com, full-size SUVs are driven more miles per year than all other consumer vehicle types—nearly 15,000 miles on average. More at the Detroit Free Press.
+ Richard Petty Motorsports has exercised a two-year option on its contract with Bubba Wallace, keeping the NASCAR Cup driver in the number 43 through 2020. More at NBC Sports.
+ Toyota is increasing the manufacturing volume of its hydrogen fuel cell vehicles from limited to mass production, and plans to add SUVs and pickups to the product lines. More at Autoblog.
+ Automotive supplier Visteon announced a 22 percent decline in net income for the second quarter, but reportedly has lined up $2.2 billion in new business in that period. More at Crain’s Detroit Business.
+ Ford is reportedly considering a small unibody pickup based on the next-generation Focus platform, first for the European market but available in the USA by 2022. More at Automobile.
+ The Environmental Protection Agency has reversed an order by former chief Scott Pruitt permitting “gliders,” new semi-trucks equipped with older, super-polluting diesel engines. More at The Detroit News.
+ The 1956 Porsche Carrera customized by Dean Jeffries will be offered at the 2018 Bonham’s Quail Lodge sale, where it is expected to bring $450,000 to $600,000. More at Hemmings Daily.
+ The Force India Formula 1 team has continued to operate despite being placed in administration by a friendly court action instigated by team driver Sergio Perez. More at BBC Sport.
Review the previous Executive Briefing from July 27 here.
Photo courtesy of Bonhams.
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I would be very interested in a Focus-based pickup but 2022 is stretching my patience and desire for a second vehicle.
I never thought the Porsche 356 to be very attractive. That custom version is worse.
I love Porsche 356s and have owned more than my fair share. Jeffries’ Kustom Karrera covers two areas of interest for me; early Porsches and California Customs from the golden age. It will be interesting to see how the auction goes.
EPA is trying to kill the glider truck market. Engines used in glider kit trucks aren’t “super polluting”, but are used remanufactured engines that meet EPA specs for the year they were originally manufactured , but don’t meet standards for the newer body they are placed in. Gliders are used to replace trucks where the original frame and or body has been damaged beyond a reasonable repair cost, but the engine and driveline are unhurt. They are also assembled by independent companies and sold, not as new trucks but as reconditioned, to people who don’t want to pay the high price on a new truck, a glider can be purchased for 2/3 to 3/4 of the new truck price. That was why Scott Pruitt was not going to let the EPA regulate them like they do new trucks, because they aren’t new trucks, EPA doesn’t have jurisdiction to regulate them. The acting administrator bowed down to the pressure put on by the environmentalist wacko groups. Maybe when they get a new administrator this will be reversed again, as it should be.