This 1964 Ford GT, the fourth example built, goes under the hammer April 10-12 at the Mecum Auctions Houston sale. Get all the latest car biz news in the Executive Briefing. -David Newhardt photo for Mecum Auctions
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+ General Motors plans to build a $162 million stamping plant near its Grand River plant in Lansing, Michigan. More at the Lansing State Journal.
+ Ford Motor Co. has awarded CEO Alan Mulally $13.8 million in stock as reward for the company’s performance in 2013. More at The Detroit News.
+ Chrysler has ordered 93 early-production first-gen Vipers destroyed due to liability issues with the trade schools that currently house them. More at the Chicago Tribune.
+ Kurt Busch has officially signed to do the Memorial weekend double, driving in both the NASCAR World 600 and the Indianapolis 500. More at Sportng News.
+ A 1964 Ford GT40 prototype, the second oldest in existence, is among the featured cars at the Mecum Auctions Houston sale on April 10-12. More at Sports Car Digest.
+ Schostak Brothers & Company, a local real estate firm, has purchased the former General Motors engine plant in Livonia. More at the Detroit Free Press.
+ Weak sales of the Dodge Dart have prompted 325 temporary layoffs at Chrysler’s Belvidere, IL assembly plant. More at Reuters.
+ Long Beach City Council has delayed a decision to drop the IndyCar series at the Long Beach Grand Prix and replace it with a Formula One date. More at Racer.
For the previous Executive Briefing from March 3, click here.