At $107,250, this 1969 Shelby GT350 Mustang was among the top 10 sellers at the Mecum Auctions Denver sale. Get all the latest auto industry news in the Executive Briefing. 

Today’s Headlines:

+   Gary Jones, a regional director from Missouri with extensive experience in labor finance, is the new president of the United Auto Workers, replacing Dennis Williams. More at The Detroit News. 

+   General Motors veteran Dhivya Suryadevara, 39, will become the automaker’s first female chief financial officer on September 1, replacing the retiring Chuck Stevens. More at Forbes. 

+   Legendary drag racer Tom “Mongoose” McEwen, who campaigned supercharged fuel dragsters and funny cars in the glory days of the sport, is dead at 81. More at USA Today. 

+   Mil-Spec Automotive (MSA) of Wichita, Kansas has rolled out an updated version of the Hummer H1 military utility vehicle with premium features and a base price of $218,499. More at Motor Trend. 

+   U.S. and Canadian representatives agreed to continue talks to renegotiate the North American Free Trade Agreement (NAFTA) despite frayed relationships among the parties. More at CNBC. 

+   Marcel De Ley, the master metal former whose California shop produced handmade bodies for countless customs, exotics, and prototypes, has passed away at 89. More at Hemmings Daily. 

+   Ford has unveiled a new Shelby GT350 Mustang for 2019 with a 526 horsepower flat-crank V8, chassis and suspension upgrades, and a list price of $61,340. More at the Detroit Free Press. 

+   Muscle cars and restomods dominated the top 10 sales at the Mecum Denver auction, which racked up $10 milllion in sales and a 75 percent sell-through rate.More at Classic Cars.com Journal. 

+   Veteran sports broadcaster Mike Tirico will host NBC’s coverage of the Indianapolis 500 in 2019 as the network takes over from ABC after 50-plus years. More at The Indianapolis Star. 

+   As speculated, Ford Motor Company has purchased the historic Michigan Central Railroad Station from real estate developer Matty Maroun for an undisclosed price. More at MLive. 

Review the previous Executive Briefing from June 11 here. 

Photo by Mecum Auctions. 

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