Top sellers from the Jerry Seinfeld collection in the Gooding & Company Amelia Island auction included this 1959 718 RSK that hammered down for $2.9 million. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Two U.S. federal agencies and 20 auto manufacturers have formalized their pledge to make automatic braking systems standard on nearly all vehicles by 2011. More at The Detroit News.
+ In a press conference in Munich, BMW announced a new strategy focusing on electric vehicle technology, autonomous driving, and ride-sharing services. More at Automotive Business Review.
+ Nissan is teasing its updated 2017 GT-R 2+2 twin-turbo super coupe in advance of the New York International Auto Show later this month. More at Business Insider.
+ Volkswagen hopes to achieve a comprehensive settlement with U.S. authorities over the diesel emissions scandal that resolves multiple issues in a single deal. More at Reuters.
+ Open-wheel veteran Alex Tagliani will drive for A.J. Foyt Racing at the 2016 Indianapolis 500, racing the number 35 in tribute to Foyt’s 35 Indy 500 starts. More at the Indianapolis Star.
+ Images have been leaked showing a new Jeep Grand Cherokee Trailhawk with unique interior features and off-road equipment, retracing the 2013 Trailhawk special edition. More at Autoblog.
+ Fiat Chrysler Automobiles has amended two loans to its U.S. division, gaining access to $2.8 billion in cash for future vehicle development. More at the Detroit Free Press.
+ Beginning this June, the U.S. Army will conduct road tests of autonomous vehicle technology in heavy truck convoys, although human drivers will remain behind the wheel. More at MSN Autos.
+ Mercedes-Benz has released a video featuring the new 2017 GLC coupe that will be officially introduced at the New York International Auto Show. More at Motor Trend.
+ At the Gooding & Company Amelia Island auction, 15 vintage Porsches owned by entertainer Jerry Seinfeld sold for a total of $22 million. More at CNN Money.
+ Honda and IBM have inked a deal in which IBM Watson technology will be used to collect and interpret onboard vehicle data for the Honda Formula 1 program. More at ZDNet.
Read the previous Executive Briefing from March 14 here.
Photo courtesy of Gooding & Company.