At $1.655 million, this 1938 Bugatti Type 57 Cabriolet was among the top sellers at this past weekend’s RM Sotheby’s auction at Amelia Island. Get all the latest auto industry news in the Executive Briefing.

Today’s headlines: 

+   Fiat Chrysler Automobiles reports it will shift production of a 2.0-liter, four-cylinder Jeep engine from a plant in Italy to a facility in Kokomo, Indiana that is currently idle. More at The Detroit News. 

+   A federal judge approved a settlement plan in which the Ford will buy back thousands of Fiesta and Focus vehicles with transmission defects for $22,000 each. More at Car and Driver. 

+   With all legal appeals by current owners Frost Group exhausted, historic British automaker Bristol Cars in Windlesham, Surrey has been ordered into liquidation. More at Autocar.

+   General Motors has dropped broad hints that the multiple vehicles based on the company’s modular electric vehicle platform could include a Chevrolet Camaro. More at The Drive. 

+   The Bahrain Grand Prix will be run as scheduled on March 20-22, but the race will be conducted without live spectators due to the risk of spreading the coronavirus. More at the UK Guardian. 

+   Lotus announced that it has sold out the entire 130-car production run of the Evija, the company’s $2.65 million all-electric hypercar with 2,000 horsepower. More at CNET Roadshow. 

+   Automakers in Brazil might have to suspend production in April in response to a parts shortage from China due to the coronavirus, the national trade association Anfavea reported. More at Reuters. 

+   The 2021 Chevrolet Express Van, now entering its 26th year in production, will be available with the 6.6-liter, 401-horsepower V8 currently offered in the Silverado pickup. More at Autoblog. 

+   Bidders at the three Amelia Island collector car auctions this past weekend purchased more than $77 million in vehicles at a.sell-through rate of 87 percent. More at Classic Cars.com Journal. 

+   Seven-time NASCAR Cup champion Jimmie Johnson will make his IndyCar debut at Barber Motorsports Park in Alabama next month driving for Arrow-McLaren SP. More at Motorsport.com. 

Review the previous Executive Briefing from March 6 here.

Photo by Darin Schnabel courtesy and copyright of RM Sotheby’s.

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