MCG Executive Briefing for June 21, 2013

Loic Duval, Tom Christensen, and Allan McNish will start their Audi R18 e-tron Quattro from the pole position in this weekend’s 24 Hours of LeMans. Read this car biz news and more in today’s Executive Briefing. -Audi Sport photo   

 

 

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+   Ford has opened a new $300 million assembly plant with partner Jiangling Motors, doubling Ford’s production in China. More here at Bloomberg.com.

+  This week’s recall deal involving 2.7 million Jeeps was struck in a private meeting between Secretary of Transportation Ray Lahood and Chrysler boss Sergio Marchionne at O’Hare Airport. More here at The Detroit News.

 +   Reports say Audi is replacing its director of research and development, Wolfgang Duerheimer, with Ulrich Hackenerg of Volkswagen. More here at CarAdvice.com.

+  Chevrolet has released the performance specs for the base 2014 Corvette Stingray, including a 0-60 mph time of 3.8 seconds. More here at The Detroit Bureau.

+   French driver Loic Duval put the no. 2 Audi R18 prototype on the pole for this weekend’s 24 Hours of LeMans. More here at National Speed Sport News.

+   Ford CEO Alan Mulally charged that Japan is manipulating the yen to benefit its auto exports at the expense of American manufacturers. More here at The Detroit News.

+   Shanghai Auto and GM broke ground on a Cadillac plant in China that will produce 160,000 units per year starting in 2015. More here at ChinaAutoWeb.

+   Chrysler and Riley Technologies have unveiled the SRT Viper GT3-R racer with an estimated price of $459,000. More here at Speed TV.

 

For the previous Executive Briefing June 17, click here


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