This stunning 1956 Cadillac Eldorado Biarritz Convertible (pre-auction estimate $150,000-$200,000) is among the feature attractions at the RM Auctions Motor City sale. Get all the latest auto industry news in the Executive Briefing.
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+ Ford will revise its fuel mileage ratings downward on six models and offer cash payments to 200,000 customers to make up the shortfall. More at The Detroit News.
+ Fiat Chrysler Automobiles has announced the appointment of its first 86 Alfa Romeo dealers in North America, mainly current Fiat franchisees. More at AutoGuide.com.
+ General Motors CEO Mary Barra will return to Capitol Hill next week to discuss the company’s exhaustive report into its delayed ignition switch recall. More at MLive.
+ Global automakers will increase their use of aluminum sheet five-fold to 1.8 million metric tons by 2020, according to supplier Novelis, Inc. More at Bloomberg.com.
+ Formula One technical wizard Adrian Newey says the series faces “grave danger” if it fails to properly manage its engine performance rules. More at Yahoo! Sport UK.
+ Tesla Motors CEO Elon Musk is granting other automakers free access to the company’s patents, but only if they agree to reciprocate. More at the Detroit Free Press.
+ Cadillacs, Packards, and Chrysler letter cars are among the headliners at the RM Auctions St. John’s sale in Plymouth, Michigan next month. More at Sports Car Digest.
+ Former team owner Junie Donlavey of Virginia, who fielded NASCAR entries in six different decades, has passed away at age 90. More at National Speed Sport News.
For the previous Executive Briefing from June 9, click here.
Sad to hear of Junie’s passing. I always rooted for him to do well, with what little he had. Seems all the names that I grew up hearing about/seeing, are leaving us. Must mean that I also am aging.
Yes, too many death notices lately.