Famed Turinese coach house Gruppo Bertone, whose signature designs include the Lamborghini Marzal (above) and Miura, has filed bankruptcy and could soon close. Get all the latest industry news in the Executive Briefing.
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+ Sen. Richard Blumenthal, D-Conn., is urging General Motors to park the 1.62 million cars subject to the ignition recall until they can be repaired. More at The Detroit News.
+ County accident investigators have concluded that the Porsche Carrera in actor Paul Walker’s fatal crash was travelling at up to 93 mph. More at the Los Angeles Times.
+ Hyundai will invest $926 million in a fourth plant in Chongqing, China in partnership with Beijing Automotive. More at Automotive Business Review.
+ Lynda Petty, 72, wife of NASCAR legend Richard Petty, has passed away after a prolonged illness. More at the Charlotte Observer.
+ Famed Italian automotive styling house Bertone confirmed it has entered court bankruptcy proceedings and could soon close permanently. More at the UK Telegraph.
+ Mercedes-Benz has the lowest recall rate for its vehicles and BMW is the quickest to initiate recall campaigns, a long-term study has determined. More at Reuters.
+ Fuel components supplier Inergy Automotive has named John Dunn as president and CEO of its Troy, MI-based Americas division. More at Crain’s Detroit Business.
+ NASCAR driver Denny Hamlin has been cleared to return to the track at Martinsville this weekend after metal fragments were surgically removed from his eye. More at USA Today.
For the previous Executive Briefing from March 24, click here.