Briggs Cunningham’s personal 1953 Cunningham C-3 Vignale coupe will be offered without reserve at the RM Sotheby’s Montery Auction on August 18. Get all the latest automotive news in the Executive Briefing.
+ Tesla officially unveiled its new Model 3 sedan, featuring a base price of of $35,000 and a range of 220 miles, in a ceremony at its Fremont, California assembly plant. More at The New York Times.
+ Child advocates are backing new legislation that would require automakers to install in-car temperature alarms to protect children left unattended in hot vehicles. More at The Detroit News.
+ Volkswagen’s Audi brand is facing the biggest reshuffle of its management board in years with four out of seven executives marked for dismissal, insiders say. More at Reuters.
+ Cadillac chief Johan de Nysschen says the brand will replace the current XTS, CTS, and ATS with a single sedan model called the CT5 as the focus shifts from cars to crossovers. More at Motor Trend.
+ Porsche confirmed it will leave the FIA World Endurance Championship LMP1-hybrid class at the end of 2017 and launch a Formula E program in 2019. More at Racer.
+ Police in Austin, Texas, are removing nearly 400 Ford Explorer SUVs from the patrol fleet due to reports of exhaust fumes inside the vehicles. More at the Detroit Free Press.
+ Fiat Chrysler CEO Sergio Marchionne says that with its next two models under development, Maserati will produce electric vehicles, possibly before the end of the decade. More at USA Today.
+ Volkswagen’s planned sale of motorcycle brand Ducati and German transmission maker Renk currently has failed to find backing on the company’s supervisory board. More at Autoblog.
+ Briggs Cunningham’s personal 1953 Cunningham C-3 Vignale coupe is expected to exceed the $1.2 million mark at the RM Sotheby’s Montery Auction on August 18. More at Hemmings Daily.
+ IndyCar veteran Sebastien Bourdais will test his Dale Coyne Racing Dallara at Mid-Ohio, only weeks after a devastating crash at Indianapolis that fractured his hip. More at NBC Sports.
Review the previous Executive Briefing from July 28 here.
Photo by Erik Fuller courtesy RM Sotheby’s.
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