MCG Executive Briefing for March 10, 2017

One of six built, this rare 1959 Cadillac Broadmoor Skyview limo is expected to bring $175,000 to $250,000 at this weekend’s Bonhmans Amelia Island Auction. Get all the latest auto industry news in the Executive Briefing. 

 

 

 

Today’s headlines:

+   Volkswagen is set to plead guilty in U.S. federal court in the Justice Department’s diesel emissions investigation as the German automaker seeks to move past its cheating scandal. More at Reuters. 

+   General Motors will lay off its 1,100 third-shift workers at the Lansing, Michigan Delta Township plant where the Chevy Traverse, Buick Enclave, and GMC Acadia SUVs are built. More at CNN Money. 

+   Toyota may delay a decision on producing its next-generation Auris model at its United Kingdom  plant as the company awaits the result of Brexit negotiations. More at Automotive News Europe. 

+   NASCAR has named its nominees for the Hall of Fame class of 2018: Roger Penske, Joe Gibbs, Bobby Labonte, Davey Allison, and Red Farmer. More at The Charlotte Observer. 

+   Fiat Chrysler Automobiles CEO Sergio Marchionne questioned GM’s decision to sell its Opel division, and says he may seek ties with buyer PSA Group. More at the Detroit Free Press.  

+   Chevrolet has released photos of its Camaro GT4.R, a factory-built race car engineered by Pratt & Miller and eligible for global GT4 and Pirelli World Challenge competition. More at Motor Trend. 

+   Dodge has teased more information about the upcoming Challenger SRT Demon, including acceleration data from the performance page of its infotainment screen. More at Motor Authority. 

+   According to the rumor mill at the Geneva Motor Show, Toyota performance car chief Tetsuya Tada may be planning a revival of the automaker’s MR2 mid-engined sports car. More at Autoblog. 

+   At John Force Racing, the NHRA funny car teams of drivers John Force and Robert Hight are swapping their race crews and crew chiefs for next week’s Gatornationals. More at Racer. 

+   A rare 1959 Cadillac Skyview coach custom-built for the Broadmoor Hotel in Colorado Springs will cross the block at this weekend’s Bonhams Amelia Island sale. More at Hemmings Daily. 

+   Mercedes Formula 1 driver and three-time champion Lewis Hamilton says “Ferrari are bluffing,” despite the Italian team’s fast pace in testing at Barcelona. More at Motorsport.com. 

Review the previous Executive Briefing from March 6 here.

Photo courtesy of Bonhams. 

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4 thoughts on “MCG Executive Briefing for March 10, 2017

  1. Too bad the Cadillac Broadmoor “station wagon” wasn’t available (or affordable) when my uncle bought a ’41 Cadillac Limousine to transport my nine cousins in the early ’60s. (Also too bad the ’41 is no longer part of the family.)

    Lots of interesting news in today’s post! Thanks, as always!

  2. Trump has taken credit for every new hire in the auto industry. Will he be taking credit for the layoffs too?

    • The U.S. Chamber of Commerce, Wall Street and “PHD’s” in think-tanks all over America have been busy every day for the last 6-7 decades trying to create a “Union-Free-America!”

      We live in a country that was founded in a way that has left us with political competitions between millionaires and billionaires for us to have to decide upon.

      Progressevity in the 20th century is all that got the American industrial worker a chance at having a decent wage, benefits and a “real” pension! (sic: “401-k”s)

      Too often managers got away with blaming any problems with our Automotive Industry quality, successfully transferring to those who built the “American Muscle” we all so long for these days.

      Jobs may have been added,… and my neighbors all have three of them.To have Mr. Trump take credit for restoring jobs in American industries is like a Rooster taking credit for the morning!

  3. Never again,… shall there be a set of Tail Lights so distinctive, so immediately recognizable! Few will remember the four speed (before it’s time?) automatic transmissions that seemed never stopped shifting!

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