This show-winning 1958 Ferrari 250 GT Series 1 Cabriolet is expected to bring up to $5.5 million at the Gooding & Company Pebble Beach Auction. Get all the latest auto industry news in the Executive Briefing.

Today’s Headlines:

+   Lexus unveiled the second-generation 2022 NX crossover, now based on Toyota’s TNGA platform and featuring a touchscreen in place of the unpopular touchpad. More at CNET Roadshow. 

+   Scott Keogh, head of Volkswagen Group of America, met with EPA Administrator Michael Regan and reaffirmed VW’s support for an emissions deal with California. More at Reuters.

+   Due to the continuing global microchip shortage, General Motors has deleted the start/stop fuel-saving feature from its Chevrolet and GMC pickups and larger SUVs. More at Car and Driver.  

+   The FIA, Formula 1’s technical governing body, has devised new testing procedures to address the controversial issue of wings distorting under load to increase downforce. More at Motorsport Week. 

+   The Detroit Police Department is escalating its battle against illegal street racing and drifting in the city with a plan to use civil forfeiture to seize the vehicles of lawbreakers. More at The Drive. 

+   Sources at Stellantis confirm that an electric-powered vehicle is in development that will be the “fastest Dodge ever,” knocking the 2018 Challenger SRT Demon from the top spot. More at Autoblog. 

+   Reversing a Trump-era policy, U.S. auto safety regulators say they will move to establish standards for automatic emergency braking systems on new heavy trucks. More at The Detroit News. 

+   Featured consignments at the Gooding & Company Pebble Beach Auction on August 13-14 include several noteworthy vintage Ferraris and a 1956 Maserati A6G Frua coupe. More at Sports Car Digest. 

+   The Netherlands-based AutoTopNL YouTube channel, known for its top speed tests on the Autobahn in Germany, reported a 205 mph run with a 2021 Ferrari Superfast 812. More at Road & Track. 

+   Local short-track hero Doug Coby defeated a field of racing legends to win the inaugural Camping World SRX Series event at Stafford Motor Speedway in Connecticut. More at Speed Sport. 

Photo courtesy of Gooding & Company. 

Review the previous Executive Briefing from June 11 here.

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