This 1966 Ford GT Mk II, a veteran of the 24 Hours of Le Mans, is expected to bring up to $12 million at the RM Sotheby’s Monterey sale in August. Get all the latest auto industry news in the Executive Briefing. 

Today’s Headlines:

+   General Motors has realigned the duties of two top executives, with president Dan Ammann focusing on autonomous vehicles and product chief Mark Reuss overseeing Cadillac. More at The Detroit News. 

+   At the opening of a new Volvo plant in South Carolina, CEO Hakan Samuelsson and Swedish Ambassador Karin Olofsdotter lashed out at President Donald Trump’s tariff policies. More at The Drive. 

+   Audi and partner Airbus have signed a letter of intent with Chancellor Angela Merkel’s German government to test air taxis in and around the Bavarian city of Ingolstadt. More at Bloomberg.com.

+   Ferrari is reportedly set to replace 2007 world champion Kimi Raikkonen, 39, with Formula 2 champion Charles Leclerc in its Formula 1 driver line-up for 2019. More at Motorsport.com. 

+   Chevrolet has revived the Blazer name for a mid-sized SUV with a 3.6-liter V6 and unit construction that is scheduled to arrive in the showrooms in early 2019. More at Roadshow by CNET. 

+   To bolster its electric vehicle portfolio, Porsche is taking a 10 percent stake in Rimac, a Croatian technology and electric sports car company founded in 2009. More at Motor Trend. 

+   Aston Martin will open a test and development center at Silverstone, the home of British Formula 1 racing, as the automaker continues to expand. More at Automotive News Europe. 

+   A Ford GT Mk II that competed at Le Mans could break the auction price record for a Ford GT when it crosses the block at the RM Sotheby’s Monterey sale. More at Hemmings Daily. 

+   The McLaren Formula 1 team has reportedly approached four-time champion and Ganassi Racing veteran Scott Dixon to pilot its IndyCar Series entry next year. More at Racer. 

+   Bram Schot has been appointed interim CEO of Audi, replacing Rupert Stadler, who was arrested in the Volkswagen Group’s ongoing diesel emissions scandal. More at Deutsche Welle. 

Review the previous Executive Briefing from June 18 here. 

Photo courtesy of RM Sotheby’s. 

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