General Motors hopes to steal some Tesla thunder with a new electric van, currently named the BV1 and due in late 2021. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ The German government rebuffed the gasoline auto lobby with a multi-billion-Euro recovery plan that includes powerful incentives for electric vehicle buyers and makers. More at Reuters.
+ Ford announced that the much-anticipated 2021 Bronco sport ute will get an official introduction sometime in July, with the formalities presumably performed online. More at Autoblog
+ Creating an internet uproar, BMW unveiled its latest 4 Series Coupe for 2021 with the enormous twin-nostril grille first seen on the BMW Concept 4 at Frankfurt in 2019. More at CNET Roadshow.
+ Porsche will shut down its factory GT Le Mans racing program at the conclusion of the 2020 IMSA season, citing financial burdens created by the COVID-19 pandemic. More at NBC Sports.
+ General Motors, which has committed to rolling out 20 new full-electric vehicles by 2023, plans to debut an electric delivery van code-named the BV1 in late 2021. More at The Drive.
+ Former United Auto Workers President Gary Jones pleaded guilty to embezzling more than $1 million from the union and now faces up to five years in federal prison. More at The Detroit News.
+ Amazon is in talks to acquire California-based autonomous vehicle startup Zoox, reportedly to adapt the company’s self-driving technology to package delivery. More at Car and Driver.
+ Ford Motor, General Motors, and Fiat Chrysler Automobiles intend to keep the bulk of their white-collared salaried employees working at home until September. More at the Detroit Free Press.
+ Mecum Auctions will resume live events with the 2020 Gone Farmin’ Spring Classic sale of farm tractors and associated gear on June 17-20 in Davenport, Iowa. More at Classic Cars.com Journal.
+ The requirement for unanimous agreement among the 10 teams to approve short-term rule changes must be changed, says managing director of motorsports Ross Brawn. More at Racer.
Review the previous Executive Briefing from June 1 here.
Photo courtesy of General Motors.
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