Adding a twist to the recent digital auction trend, Leake Auction Company has scheduled an online collector car auction with a live auctioneer. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Ford has reset the debut of the 2021 Bronco for July 13 after learning that the original July 9 date was the birthday of infamous white Bronco passenger O.J. Simpson. More at USA Today.
+ Two-time CART champion Alex Zanardi, who heroically overcame the loss of both legs in a 2001 crash, was seriously injured in a traffic accident during a handcycling event. More at The Drive.
+ BMW announced it will eliminate 6,000 jobs through early retirements and turnover as the company adjusts to decreased demand due to the COVID-19 outbreak. More at The Detroit News.
+ This year Buick will introduce the Velite 7, its first electric SUV for the China market, sharing the same global platform that is expected to be used in the next Chevrolet Bolt. More at Autoweek.
+ Six-time Formula 1 champion Lewis Hamilton is launching and funding a commission to increase diversity and improve educational opportunities for minorities in racing. More at the UK Guardian.
+ Commuters in Japan are turning away from public transportation and returning to private car ownership in response to the COVID-19 pandemic, boosting auto sales. More at Autoblog.
+ Spy photographers have captured images of a C8 Corvette in camouflage with a giant rear wing and oversized tires, which observers believe is the next Z06. More at Car and Driver.
+ South Korean SUV maker SsangYong Motor is searching for a potential buyer after India’s Mahindra and Mahindra announcd it may give up its majority stake in the company. More at Reuters.
+ Arizona-based Leake Auction Company has added its own twist to the recent digital auction phenomenon, scheduling an online sale with a live auctioneer for July 13. More at Classic Cars.com Journal.
+ Via Twitter, Tesla CEO Elon Musk announced that the company’s annual shareholder meeting on July 7 will be postponed due to the coronavirus outbreak. More at CNBC.
Review the previous Executive Briefing from June 19 here.
Photo courtesy of Leake Auction Company.
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