This 1957 Merecedes-Benz 300SL roadster originally owned by actress Natalie Wood sold for $1.84 million at the RM Auctions Amelia Island sale. Get all the latest car biz news in the Executive Briefing. -RM Auctions photo
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+ General Motors is now the target of multiple agency and congressional investigations over management of its ongoing ignition system recall. More at ABC News.
+ Five workers at VW’s Tennessee plant have filed a federal lawsuit charging collusion between the United Auto Workers and VW. More at The Detroit News.
+ NRG eVgo announced it has agreements in place to install 200 fast-charging Freedom Station charging sites throughout California. More at Automotive Business Review.
+ The New Jersey Motor Vehicle Commission has blocked Tesla Motors’ direct sales program, potentially shuttering its two dealerships in the state. More at Bloomberg.com.
+ The IndyCar series is expected to announce today a ten-year, multi-million dollar deal signing Verizon Communications as season title sponsor. More at the Indianapolis Star.
+ The Peugeot family supports the nomination of Louis Gallois, former French state railway executive, as chairman of PSA Peugeot Citroen. More at Reuters.
+ As the company posts record profits, Toyota will offer its first wage increases in Japan since 2008. More at the Detroit Free Press.
+ The RM Auctions Amelia Island Concours sale last weekend posted nearly $36 million in sales and a 97 percent sell-though rate. More at Sports Car Digest.
+ Injured and comatose Formula 1 legend Michael Schumacher has been showing “small, encouraging signs” in his recovery, his family says. More at BBC News Europe.
For the previous Executive Briefing from March 10, click here.