The winner of the Ridler Award at the 2024 Detroit Autorama is a 1953 Corvette custom built by Kindig-It Design. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ The Insurance Institute for Highway Safety (IIHS) announced its 2024 Top Safety Pick awards, with the Hyundai Motor Group (Hyundai, Kia, Genesis) taking the most spots. More at Car and Driver.
+ Nissan is reportedly in serious talks with struggling EV startup Fisker to provide a $400 million lifeline in return for access to Fisker’s technology and vehicle platforms. More at Electrek.
+ Shares in Volkswagen AG fell after the German automaker predicted that sales will slow this year as the industry faces slumping demand for EVs and intensifying competition. More at The Detroit News.
+ Red Bull driver Jos Verstoppen says the team “will explode” if team principal Christian Horner, charged with inappropriate behavior toward a female colleague, is not removed. More at Racer.
+ The U.S. Securities and Exchange Commission has settled charges against Lordstown Motors that the failed EV maker misled investors with its claims of 100,000 orders. More at Reuters.
+ Tesla could stand to earn $6 billion to $12 billion per year in fees from the owners of non-Tesla vehicles now gaining access to Tesla’s Supercharger national charging network. More at CNBC.
+ McLaren’s long-awaited follow-up to the P1 hypercar will reportedly make its debut late in 2024, according to a recent report, with a new, lighter plug-in hybrid V8 drivetrain. More at Autoblog.
+ The winner of the Ridler Award at the 2024 Detroit Autorama is a 1953 Corvette custom coupe owned by David Maxwell and built by Dave Kindig and crew at Kindig-It Design. More at Autorama on Facebook.
+ Ford is requiring its dealerships to complete training of service technicians by April 1, including a new course on air bags, or face having their warranty claims rejected. More at the Detroit Free Press.
+ The Lincoln Mark X convertible concept that debuted at the 2004 North American International Auto Show will be offered by Mecum Auctions in Glendale, Arizona on March 8. More at Motor Authority.
+ Penske Entertainment president and CEO Mark Miles says the IndyCar series hopes to end the season before the NFL season begins in 2025 with the finale in Nashville. More at IndyStar.
Photo by Dan Strayer.
Review the previous MCG Executive Briefing from March 1 here.
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