MCG Executive Briefing for May 2, 2014

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2014 Camaro Z-28With the red-hot Camaro Z/28 already sold out for 2014, Chevrolet has placed supply restrictions on 35 key components to prevent clever shops from producing clones. Get all the latest auto industry news in the Executive Briefing. 

 

 


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+   Now it’s official: Ford CEO Alan Mulally will retire effective July 1, to be replaced by current chief operating officer Mark Fields. More at USA Today.

+   Chrysler sales were up 14 percent, General Motors’ rose 6.9 percent, and Ford sales were nearly flat in April. More at The Detroit News.

+   GM is constructing a new Performance and Racing Center (GMPRC) in Pontiac, Michigan, replacing the current facility in Wixom. More at Automotive Business Review.

+   IndyCar drivers gave rave reviews to the new road course at the Indianapolis Motor Speedway, where the Grand Prix of Indianapolis will be held May 17. More at the Indianapolis Star.

+   Chevrolet will restrict sales of critical Z/28 Camaro components to registered owners only, in order to discourage the production of clone vehicles. More at Autoguide.

+   Volkswagen is set to launch a new bargain brand in China with a $7,000 sedan, though the name has not yet been announced. More at Autoweek.

+   Fines on automakers for failure to recall defective cars could increase to $300 million per violation under a Transportation Department proposal. More at Bloomberg.com.

+   Driver Pippa Mann will attempt her third Indianapolis 500 start this month, partnered with Dale Coyne Racing and Susan G. Komen. More at National Speed Sport News.

 For the previous Executive Briefing from April 28, click here.

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3 thoughts on “MCG Executive Briefing for May 2, 2014”

  1. I’m sure someone is already working to clone the Z-28. After all, out of the 20,302 made in 1969, only 36,924 are left.(yes I picked the second number out of my backside)

  2. And we are to believe the “restrictions” are going to stop the bad guy from getting the parts? Why is GM going through this trouble since all one has to do to spot a fake is check the VIN? The engine digit (8th position) better be “E” otherwise it did not come with the LS7 and therefore is not a Z/28.

    • I don’t think GM is worried about complete fakes but clones, which could also dampen sales.

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