This 1934 Packard Twelve Individual Custom Convertible Victoria, a Pebble Beach winner, will be among the featured attractions at the 2018 RM Sotheby’s Monterey sale. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Porsche announced it will name its upcoming Mission E all-electric sports car the Taycan, pronounced “tie-can,” which the carmaker says means “lively young horse.” More at Motor Trend.
+ Replacements for retiring Fiat Chrysler Automobiles CEO Sergio Marchionne are said to include company veterans Mike Manley, Alfredo Altavilla, and Richard Palmer. More at the Detroit Free Press.
+ Germany’s KBA road vehicle authority has found five illegal emissions defeat devices on Daimler engines, the newspaper Bild am Sonntag reported. More at Automotive News Europe.
+ Following a U.S. Supreme Court ruling that overturned a federal prohibition, Dover Downs Hotel & Casino will offer betting on NASCAR competition, including proposition wagers. More at Racer.
+ BorgWarner CEO James Verrier, 55, will step down effective August 1, to be replaced by the parts supplier’s current chief operating officer Frederic Lissalde. More at Crain’s Detroit Business.
+ Giles Taylor, design chief at Rolls-Royce, has suddenly departed the company “to pursue alternative business interests,” while a replacement has not yet been named. More at AutoGuide.
+ The UAW-Chrysler National Training Center has sued two former company executives and a labor leader’s widow to recover $4.4 million in allegedly embezzled funds. More at The Detroit News.
+ Feature consignments at the 2018 RM Sotheby’s Monterey sale in August will include a 1934 Packard Twelve by Dietrich and a 1927 Isotta Fraschini Fleetwood Roadster. More at Classic Cars.com Journal.
+ The FIA has unveiled new a new formula for a production-based “Hypercar concept” in 2020 to replace the current LMP1 category in the World Endurance Championship. More at Autoblog.
+ The 2018 Pittsburgh Vintage Grand Prix on July 6-15 will host the Kastner Cup for Triumph race cars and the BMW Car Club of America’s annual Oktoberfest. More at Hemmings Daily.
Review the previous Executive Briefing from June 8 here.
Photo by Erik Fuller courtesy of RM Sotheby’s.
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That Packard photo is not up to the usual standard of mouth-watering, gotta-have-that-car auction photography. Even Subaru print ads have more juice. Go back to the May 25th posting for the 1956 Maserati Zagato. That’s how you sell a car.
Damn kids spend all their time in front of a screen and they don’t know how to present a graphic that’s not a meme or animated gif.