The classic sports car collection of Rush drummer Neil Peart will be offered at the Gooding & Company Pebble Beach auction. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Tesla will makes its Supercharger network available to other brands in Norway starting in 2022, a development with large implications if it spreads to other countries. More at Forbes.
+ Daimler AG is on schedule to spin off Daimler Truck, the world’s largest truck and bus maker, by the end of the year, according to chief financial officer Harald Wilhelm. More at Reuters.
+ Severe flooding due to rain in the greater Detroit area has left hundreds, perhaps thousands of new cars and trucks under water in the automakers’ shipping yards. More at Autoblog.
+ Jack Ingram, a NASCAR Hall of Fame member and champion in the Late Model Sportsman Division and in what is now the Xfinity Series, has passed away at 84. More at Racer.
+ As part of its campaign to electrify its entire vehicle lineup by 2030, Mazda will offer hybrid version of its popular Miata MX-5 sports in a future generation, possibly by 2025. More at Car and Driver.
+ The 2021 Los Angeles Auto Show will be hosted at the LA Convention Center starting on November 19, joining the ranks of auto shows returning to live events. More at The Drive.
+ Panasonic, which jointly owns a battery factory with Tesla, has sold off all its shares in the electric car maker for around $3.6 billion to finance a stake in a software maker. More at The Detroit News.
+ The classic sports car collection of Neil Peart, which the late Rush drummer and lyricist called his “Silver Surfers,” will be offered at the Gooding & Company Pebble Beach sale. More at Hemmings Daily.
+ Red Bull Racing confirmed that its long-time head of aerodynamics, Dan Fallows, will be leaving the team and joining Formula 1 rival Aston Martin as technical director. More at Motorsport Week.
+ Chinese electric carmaker Xpeng announced its plans to raise up to nearly $2 billion in funding with a dual primary listing of common shares on the Hong Kong Stock Exchange. More at CNBC.
Photo courtesy of Gooding & Company.
Review the previous Executive Briefing from June 25 here.
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