MCG Executive Briefing for June 28, 2019

This rare 1959 Porsche 718 RSK center-seater will be among the star attractions at the Bonhams Quail Lodge sale. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines:

+   A  no-deal Brexit could end Japan’s investment boom in Great Britain, Foreign Minister Taro Kono warned the nation’s two leading candidates for prime minister. More at Reuters. 

 Ford will eliminate 20 percent of its workforce in Europe and reduce its number of plants there from 24 to 18 by the end of 2020 in a bid to slash operating costs. More at Automotive News Europe.

  Dodge has formally unveiled its production versions of the supercharged Charger Hellcat Widebody and the normally aspirated Charger Scat Pack Widebody. More at Autoblog. 

+   After an extended leave of absence from the struggling Williams Formula 1 team, technical director Paddy Lowe announced that he will leave the company permanently. More at BBC Sport.

+   Mitsubishi will relocate its North American headquarters from California to Tennessee to bring the Japanese automaker closer to its partner company Nissan. More at The Detroit News.  

 Contrary to rumors that the upcoming 7th-generation Chevrolet Camaro has been cancelled, insiders now report that the program has simply been delayed. More at GM Authority. 

+   The average age of America’s car and light truck fleet advanced again in 2019 to 11.8 years, a historical record, according to business information provider IHS Markit. More at Yahoo! Finance. 

 In the Australian media, BMW design chief Adrian van Hooydonk defended the cartoonishly large grille on the new 7 Series sedan, calling the criticism “inevitable.” More at Motoring. 

+   An unusual 1959 Porsche 718 RSK Mittellenker (center-steer) will be offered at the Bonhams Quail Lodge sale in Monterey, California on August 15-16. More at Classic Cars.com Journal. 

+  NASCAR officials confirmed that the Monster Cup series cars will run the same technical package at Daytona next week that was used in the Talladega spring race. More at Racer. 

Review the previous Executive Briefing from June 24 here.

Photo courtesy and copyright Bonhams. 

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