Cadillac has unveiled its stunning Project GTP Hypercar, the endurance racer that will compete in IMSA and at Le Mans in 2023. Get all the latest auto industry news in the Executive Briefing. 

Today’s Headlines: 

+   The National Highway Traffic Safety Administration (NHTSA) is upgrading its probe into 830,000 Tesla vehicles equipped with the Autopilot advanced driver assistance system. More at Reuters. 

+   Spy photographers have captured images of a camouflaged Dodge Hornet, the compact crossover based on the Alfa Romeo Tonale that is due to appear in August. More at Autoblog. 

+   According to data complied by the GasBuddy price-finding app, the average price of a gallon of gasoline in the United states has topped $5.00 per gallon for the first time. More at The Drive. 

+   Cadillac has revealed its stunning Project GTP Hypercar, the endurance racer that will compete in both the 2023 IMSA series and the World Endurance Championship. More at Car and Driver. 

+   In Strasbourg, France, the European Union assembly voted ito effectively ban the sale of passenger vehicles powered by internal combustion engines in 2035. More at The Detroit News. 

+   Owners of 2021 Ford Expedition and Lincoln Navigator SUVs have sued Ford, claiming the automaker failed to disclose a defect causing spontaneous engine compartment fires. More at USA Today. 

+   Volkswagen is offering cash buyouts and extended medical benefits to employees at its vehicle assembly plant in Nizhny Novgorod, Russia, if they agree to quit voluntarily. More at World Auto Forum. 

+   The U.S. Transportation Department is proposing minimum standards and requirements for EV charging projects funded by a $5 billion government program. More at U.S. News and World Report.

+   Top sellers at the 14th annual Bonhams Greenwich auction in Connecticut included a 1929 Bentley Tourer at $604,500 and a 1966 Aston Martin DB6 Vanage at $351,500. More at Hemmings Daily.

+   FIA president Mohammed Ben Sulayem has issued a statement backtracking on a previous stance that mocked drivers who campaign for greater inclusivity in the sport. More at Racer. 

+   Following a successful pilot program the company launched in Nuremberg, Audi plans to build reservation-only luxury charging hubs for EV owners in more cities in Germany. More at Autoweek. 

Photo courtesy of Bonhams. 

Review the previous Executive Briefing from June 6 here.