MCG Executive Briefing for June 24, 2013

Martin Truex, Jr. bicycled his way to road-course victory in the NASCAR Toyota/SaveMart 350 at Sonoma Raceway. See this car biz news and more in the Executive Briefing.  Jared C. Tilton/Getty Images NASCAR photo

 

Links open in new windows 

+   Fiat can triple its annual earnings from Chrysler to $936 million by restructuring the American automaker’s debt, analysts say. More here at Bloomberg.com.

+   Former Ford manager and current Hyundai CEO John Krafcik has been named the 2013 Automotive Executive of the Year. More here at the Denver Post.

+  General Motors executive Susan Docherty, currently manager of Chevrolet and Cadillac in Europe, will retire in September after 26 years. More here at the Detroit Free Press.

+   Danish driver Allan Simonsen was fatally injured when his Aston Martin ran off course at Tetra Rouge minutes after the start of the 24 Hours of LeMans. More here at CNN International. 

+   Volkswagen officials are mum about potential production expansions at the company’s Chattanooga, Tennessee plant. More here at The Detroit News.

+  The Federal government is delaying new backup camera mandates another 18 months, partly due to advances outpacing the regulations. More here at The Detroit Bureau.

+   New car sales are on track for the best June since 2007, with an annualized rate of 15.7 million units. More here at Reuters.

 +   Martin Truex scored his second career NASCAR Sprint Cup victory and his first-ever road course win at Sonoma Raceway Sunday. More here at National Speed Sport News.

 

For the previous Executive Briefing June 21, click here


Have you joined Motor City Garage on Facebook yet? It’s big fun with rare photos, car lore, trivia, and great discussions! Click here to go the page and like MCG!