This 1953 Corvette, number 98 of 300, will be among the featured attractions at the Carlisle Spring Auction. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Fueled by strong demand, U.S. new vehicle sales are expected to rise 12.1 percent in March, according to a joint report by industry consultants J.D. Power and GlobalData. More at Reuters.
+ Ford is delaying its plans for a three-row electric SUV to work on a compact, affordable EV crossover that will be priced at $25,000 and scheduled for a late 2026 debut. More at Car and Driver.
+ A Consumer Reports survey of 11,000 members found that independent repair shops and chains score higher than dealership service departments on honesty, quality, and cost. More at Autoblog.
+ NASCAR has taken over the lease to historic Bowman Gray Stadium and will manage its racing operations for the City of Winston-Salem, North Carolina, through 2050. More at Winston-Salem Journal.
+ BMW Chief Executive Officer Oliver Zipse predicts its top-end electric vehicles including the 7-Series sedans, X7, and Rolls Royce Spectre will drive higher profits this year. More at The Detroit News.
+ Scheduled for discontinuation, the Hemi V8-powered Jeep Wrangler 392 will get a final sendoff with the 2024 Wrangler Rubicon 392 Final Edition priced at $101,890. More at The Drive.
+ Ferrari CEO Benedetto Vigna promises that the luxury carmaker’s new electric vehicle will offer drivers the same “unique” experience as its internal-combustion products. More at CNBC.
+ This year’s Carlisle Spring Collector Car Auction on April 18-19 in Carlisle, Pennsylvania will feature more than 400 vehicles, including 1953 Corvette number 98. More at Old Cars.
+ Volkswagen Group’s Cupra brand will enter the U.S. market by the end of the decade starting with a pair of electric SUVs, according to Cupra CEO Wayne Griffiths. More at Motor Authority.
+ Susie Wolff has launched legal proceedings against the FIA after statements relating to a potential conflict of interest investigation that questioned her professional integrity. More at BBC Sport.
Photo courtesy of Carlisle Auctions.
Review the previous MCG Executive Briefing from March 18 here.
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