The Australian government is considering measures that would prevent its most significant historic vehicles from leaving home soil, including the prototype 1946 Holden shown here. Get all the latest automotive news in the Executive Briefing.
Today’s headlines:
+ Troubled Japanese airbag maker Takata may file for bankruptcy as early as next week as it works out a financing deal with Michigan parts supplier Key Safety Systems. More at Business Insider.
+ Hyundai Motor has unveiled the Kona subcompact SUV for the North American, European, and South Korean markets, seeking to offset declining sales in China. More at Reuters.
+ Two General Motors plants in Lordstown, Ohio and Kansas City, Kansas are taking extended summer shutdowns to help the automaker trim inflated inventory levels. More at The Detroit News.
+ Toyota will start this weekend’s 24 Hours of Le Mans with a one-two front row, led by the lap record-breaking qualifying performance of Kamui Kobayashi in the no. 7 TS050 Hybrid. More at Motorsport.com.
+ Jaguar Land Rover has opened a new Classic Works facility in Coventry, England with 150,000 square feet and 54 service bays to service the automaker’s historic models. More at Motor Trend.
+ Volkswagen AG has extended an agreement with Russia’s GAZ group to produce Volkswagen and Skoda cars and diesel engines at the GAZ Gorky plant until 2025. More at Automotive News Europe.
+ The West Virginia University researchers who uncovered diesel emissions cheating at Volkswagen are now accusing Fiat Chrysler Automobiles of exceeding emission limits. More at the Detroit Free Press.
+ The Australian government is considering measures that would prevent its most important historic vehicles from leaving the country, declaring them culturally significant. More at Hemmings Daily.
+ Angry team managers estimated that $1.8 million in damages resulted from a series of crashes that eliminated 12 of the 22 cars at last weekend’s IndyCar event at Texas Motor Speedway. More at Racer.
+ Proterra, a U.S.-based maker of battery-electric city buses, has received $55 million in backing from BMW Group’s venture capital division, BMW i Ventures. More at USA Today.
Review the previous Executive Briefing from June 12 here.
Photo courtesy of Theodore Bruce via Hemmings Daily.
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With the Holden there is a few different cars, the proto ‘mules’ that were tested in the US and the 48 first off the line car best known as ‘Number One’
GMH/Holden Motor Company have quite a few significant cars, shoe cars generally as well as complete prototypes . Though many prototypes were crushed.
I am unsure what Ford and Chrysler kept, if anything of their early cars. A couple of the 70s show cars are still around in private hands.
It is a historical cars and now this time this US car consider a rear car. There are lesser models cars are available. Its Auto Repair Shop Web design very good and i always love the old meddles