At $18.2 million USD, this famous 1954 Ferrari 375 Plus was the top sale at the Bonhams Festival of Speed auction at Goodwood House. Get all the latest auto industry news in the Executive Briefing. -Bonhams photo
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+ Daimler AG and Nissan will jointly produce luxury vehicles at a new $1.4-billion plant in Aguascalientes, Mexico starting in 2017. More at the Detroit Free Press.
+ Toyota’s new hydrogen fuel-cell powered vehicle, the FCV sedan, will go on sale in Japan in April 2015 priced at 7 million yen, or $69,000. More at The Japan Time
+ A Chinese-backed developer plans to open an automotive research and development center on 320-plus acres in Plymouth Township, just west of Detroit. More at Crain’s Detroit Business.
+ At Imola, Michela Cerruti of Italy withstood tremendous pressure from Kevin Giovesi to become the first female winner in the Auto GP World Series. More at Racer.
+ The Bonhams Goodwood Festival of Speed 2014 auction last Friday produced £22.6 million ($38.4 million USD) in sales in four hours. More at Sports Car Digest.
+ The National Highway Traffic Safety Administration will open a second investigation of rear axle failures on 260,000 Dodge Ram pickups from 2005. More at The Detroit News.
+ General Motors hopes to use the the new film, Transformers: Age of Extinction, to boost the sales of six new vehicle models in China. More at Bloomberg.com.
+ Motorcycle rider Bobby Goodin, 54, was killed when he crashed near the finish line at the Pikes Peak International Hill Climb. More at The Denver Post.
For the previous Executive Briefing from June 27, click here.