This 1932 Studebaker President owned by Dr. George Vassos took Best in Show Concours Americana at last weekend’s Greenwich Concours d’Elegance. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Ford Europe Chief Executive Jim Farley warned that Great Britain’s potential exit from the European Union could jeopardize the automaker’s investment there. More at Reuters.
+ Alicia Boler-Davis, 47, the first black woman to manage a General Motors assembly plant, has been named head of global manufacturing and labor relations for the automaker. More at the Dallas Morning News.
+ Jerry Dias, leader of Unifor, the Canadian auto workers’ union, says strikes are possible this summer unless the automakers pledge to invest in plants and employment in Canada. More at The Detroit News.
+ Shares of Tesla Motors Inc.slipped when the U.S. National Highway Traffic Safety Administration said it is looking into a potential suspension issue on the Model S sedan. More at Bloomberg.com.
+ Formula One Management has crafted a multi-year deal with Heineken International that begins with title sponsorship of this year’s Italian Grand Prix and will include three races per year through 2020. More at the UK Telegraph.
+ Longtime Suzuki CEO Osamu Suzuki is stepping down, a vice president is retiring, and senior executives are taking deep pay cuts in the wake of the Japanese automaker’s emissions cheating scandal. More at USA Today.
+ Michigan-based VLF Automotive has delivered its first Destino, a luxury performance sedan based on the former Fisker Karma and powered by a supercharged Corvette LS9 V8. More at Autoblog.
+ Nissan has launched an all-new advertising campaign called “Take On” designed to shake up the the company’s bland image in America. More at the Detroit Free Press.
+ At last weekend’s Greenwich Concours d’Elegance, top award winners included a 1932 Studebaker President in the American category and a 1936 Brough Superior 8 in the international class. More at Hemmings Daily.
+ Team owner Chip Ganassi has spoken out against NASCAR’s lug-nut enforcement policy after his crew chief Chad Johnston was suspended for an infraction. More at Motorsport.com.
+ BMW will supply the Los Angeles Police Department with 100 BMNW i3 electric vehicles for use in its non-emergency transportation fleet. More at Motor Trend.
Review the previous Executive Briefing from June 6 here.
Photo by Gregg Merksamer, courtesy Greenwich Concours d’Elegance.
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Reading the ‘furore’ over Nascar wheel nuts. Comments about centre lock wheels being better. The number of wheels falling off of Supercars, F1, Sports car belies that.
Even when tight the wheels chatter and gall.
Though 5 nuts are better mechanically they do have to be all done up tight! The stupidity of ultra fast pitstops in all forms of motorsport is the obvious reason that things are not done properly.