MCG Executive Briefing for June 2, 2014

????????????????????????????????????Local heroes Chevrolet and Roger Penske had a big weekend in the Motor City, sweeping both races of the IndyCar doubleheader at the Detroit Grand Prix. Get all the latest auto industry news in the Executive Briefing.   -Steve Fecht photo for Chevy Racing        



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+   Pioneering speed equipment entrepreneur Speedy Bill Smith, founder of Speedway Motors, has passed away at 84. More at the Lincoln Journal Star. 

+   Secretary-treasurer Dennis Williams is expected to be elected president of the United Auto Workers this week, replacing the retiring Bob King. More at the Detroit Free Press.

+   Three spectators were killed and several more were seriously injured when cars went into the crowd in two incidents at the Jim Clark Rally in Scotland. More at BBC News.

+   Goodyear will invest $500 million in a new state-of-the-art tire plant in North America, but has not yet settled upon the location. More at

+   Ford is recalling nearly 1.4 million vehicles in three separate actions to correct corrosion, steering, and throttle pedal issues. More at Reuters.

+   At the Busan International Auto Show, Hyundai unveiled its new AG premium sedan intended to compete with BMW and Mercedes. More at The Detroit News.

+   Former NASCAR team owner Charles “Hoss” Ellington, who won five Winston Cup races with drivers David Pearson and Donnie Allison, has passed away at 79. More at NBC Sports. 

+   Team Penske swept both races of the Detroit Grand Prix doubleheader at Belle Isle, with Will Power taking the Saturday victory and Helio Castroneves winning the Sunday feature. More at the Indianapolis Star. 

For the previous Executive Briefing from May 30, click here.

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