This very early 1962 Shelby Cobra, sporting serial number five and a 260 CID V8 with two-barrel carburetor, will star at Gooding & Co’s Pebble Beach sale next month. Get all the latest car industry news in the Executive Briefing.
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+ BMW and General Motors halted production at their plants in South Africa as a strike by 220,000 metalworkers escalated into violence. More at Bloomberg.com.
+ Tesla Motors hopes to study the remains of a stolen Model S sedan that split in half and burned after a high-speed chase and collision in Los Angeles. More at The Detroit News.
+ Ford will donate $1 million to the to the Smithsonian National Museum of African American History and Culture, which opens in 2016. More at The Oakland Press.
+ Formula One supremo Bernie Ecclestone confirmed he has entered talks to buy back the series from CVC Capital Partners. More at the UK Daily Mail.
+ Volkswagen has received approval from China’s National Development and Reform Commission (NDRC) to build two more plants in Tianjin and Qingdao. More at Reuters.
+ In an SEC filing, Fiat Chrysler Automobiles disclosed that it is prepared to list 750.5 million shares on the New York Stock Exchange in August. More at The Detroit Bureau.
+ A 1962 Cobra, the fifth production unit (CSX2005) built by Shelby American, goes to auction at the Gooding & Co. Pebble Beach sale Aug. 16-17. More at Hemmings Daily.
+ NASCAR will study rules changes designed to prevent the bizarre Sprint Cup qualifying session that unfolded at Daytona this past weekend. More at Yahoo! Sports.
For the previous Executive Briefing from July 4, click here.