The Ford Mustang has reclaimed the top spot in ponycar sales for 2013 with 10,263 units sold in June, compared to 7,236 for the Chevrolet Camaro. Catch up on all the auto industry news in the Executive Briefing.
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+ Ford sales are up 13 percent, Chrysler is up 8 percent, and General Motors rose 6.5 percent as June auto sales broke through a six-year high. More here at the Detroit Free Press.
+ Fiat’s Chrysler buyout faces extra loan costs as negotiations with the UAW VEBA trust fund hit a snag. More here at The Detroit News.
+ Contrary to recent reports, Cadillac’s plans for a luxury flagship vehicle are still alive, according to one plugged-in Motor City source. More here at The Detroit Bureau.
+ The Ford Mustang has regained the sales lead over the Chevrolet Camaro in the first half of 2013. More here at USA Today.
+ The Formula 1 Drivers Association says its members will pull out of the German Grand Prix if tire failures similar to those at Silverstone reoccur. More here at Deutsche Welle.
+ Union representatives hope to revive talks to avoid a lengthy strike at Daimler AG’s Western Star truck plant in Portland, Oregon. More here at Fox Business.
+ Chevrolet Performance has inked a multi-year deal with the National Hot Rod Association to serve as title sponsor for the U.S. Nationals in Indianapolis. More here at Dragzine.com.
+ The IndyCar Series will start the field three-wide at this weekend’s race at Pocono and at the season finale at California Speedway. More here at NBC Sports.
For the previous Executive Briefing July 1, click here.
Good to see GM putting some money in drag racing. They left plenty of racers hanging when they declared bankruptcy in 2009.