The 2016 Pebble Beach Concours d’Elegance on August 21 will feature a special grouping of historic Ford GT race cars that won major international events in the 1960s, including Le Mans. Get all the latest automotive news in the Executive Briefing.
Today’s headlines:
+ Production resumes Monday at the General Motors Lansing Delta Township plant, where the automaker has invested $583 million in new tooling and equipment. More at The Detroit News.
+ Bain Capital and PAG Asia are among the private equity firms reportedly considering takeover bids for the troubled Japanese airbag manufacturer Takata Corporation. More at Bloomberg.com.
+ U.S. auto sales slipped 6 percent in May, in part due to two fewer sales days compared to the same period in 2015, but remain at near-record historical levels. More at USA Today.
+ Darwin Clark, retired General Motors vice president, Oldsmobile general manager, and former president of the Antique Automobile Club of America (AACA) Musuem has passed away at 76. More at Old Cars Weekly.
+ The IndyCar series has scrapped plans to hold an exhibition street race in Beijing, China in October of this year after the regular season finale. More at Racer.
+ Japanese government investigators raided Suzuki Motor Corporation’s headquarters on Friday as they probe the automaker’s use of improper fuel economy test procedures. More at Yahoo! Finance.
+ Hyundai plans to launch a luxury all-electric vehicle under the Genesis name to expand the lineup of its new premium brand, says Senior Vice President Manfred Fitzgerald. More at Reuters.
+ Boosted by a strong performance in the small overlap crash test, the 2017 Audi A4 earned the Insurance Institute for Highway Safety’s Top Safety Pick + ranking. More at Motor Trend.
+ The 2016 Pebble Beach Concours d’Elegance on August 21 will feature a special grouping of Ford GT race cars that won major international events in the 1960s, including Le Mans. More at Classic Cars.com.
+ In an effort to curb worsening air pollution, the city of Paris, France has banned from the streets on weekdays all automobiles manufactured before 1997. More at The Verge.
+ Three NASCAR Sprint Cup crew chiefs fielding cars for drivers Greg Biffle, Kurt Busch, and AJ Allmendinger have been suspended by the series for various technical infractions. More at Motorsport.com.
Review the previous Executive Briefing from May 30 here.
Photo courtesy of Ford Motor Company.
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