MCG Executive Briefing for June 12, 2017

Hammering down at $346,500, this 1960 Aston Martin DB4 was among the top five sellers at last weekend’s Bonhams Greenwich 2017 auction. Get all the latest auto industry news in the Executive Briefing. 



Today’s headlines:

+   Volkswagen Group is considering bringing back current Opel CEO Karl-Thomas Neumann, who left VW in 2013, to lead the automaker’s Audi division. More at Automotive News Europe. 

+   Ford has started offering buyouts to 15,000 salaried employees in North America and Asia as part of an effort to reduce the company’s global workforce by 1,400. More at USA Today. 

+   Three General Motors vehicles—Chevrolet Traverse, Buick Enclave, and GMC Acadia—earned top scores in the Kogod Made in America Auto Index for domestic content. More at the Detroit Free Press. 

+   Richard Hammond, co-host of Amazon’s The Grand Tour, suffered non-life threatening injuries in a crash while filming a hillclimb segment in Switzerland. More at The Hollywood Reporter. 

+   Vic Edelbrock Jr., who grew his father’s Southern California-based intake manifold business into a performance industry giant, has passed away at 80. More at Hot Rod. 

+   Honda’s head of research and development, Sekino Yosuke, hinted that the next-generation NSX sports car could have an all-electric drivetrain with 1,000 horsepower. More at Automobile. 

+   Organizers of the Detroit area’s Woodward Dream Cruise say they will soon announce a new title sponsor to replace Chevrolet, which has departed after six years. More at The Detroit News. 

+   Porsche, Microsoft, and Turn 10 Studios chose the 2017 Xbox E3 conference in Los Angeles to introduce the new Porsche 911 GT2 RS, the most powerful 911 ever. More at Motor Trend. 

+   Led by strong sales of European cars, the Bonhams Greenwich 2017 auction on Sunday, June 4 generated $7,380,000 in total volume and a 92 percent sell-through rate. More at Sports Car Digest. 

+   The McLaren Formula 1 team will decide whether to continue with Honda as its power unit supplier around the summer break in August, says executive director Zak Brown. More at Racer. 

Review the previous Executive Briefing from June 9 here.  

Photo courtesy of Bonhams. 

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