MCG Executive Briefing for May 26, 2023

A 1972 De Tomaso Panera that was featured in the Fast & Furious movie franchise will be offered at the Barrett-Jackson Las Vegas auction. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

+   Ford has struck a deal with Tesla Inc. to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers across North America in early 2024. More at Reuters. 

+   A mob of spectators at a street takeover in Tolland, Connecticut destroyed a Toyota MR2 Spyder when the couple inside it unknowingly tried to drive through the illegal road event. More at The Drive. 

 The St. Joseph, Indiana county council has approved tax incentives for a $3.5 billion battery plant investment by General Motors and battery partner Samsung SDI. More at The Detroit News. 

 With the approval of Honda, his team’s engine supplier, Graham Rahal will substitute for the injured Stefan Wilson in the Indianapolis 500 driving a Chevrolet-powered race car. More at NBC Sports. 

+   A lawsuit filed in a New York District Court this week claims fraud in the recent revival of carmaker De Tomaso, with former investor Ryan Berris seeking $100 milllion in damages. More at Hemmings. 

 The top sellers at this year’s Mecum Indy auction included the 1970 Pymouth ‘Cuda Rapid Transit show car at $2.2 million and a 2020 Ford GT Heritage Edition at $1.375 million. More at Motor Trend. 

+   Vietnamese EV maker Vinfast has recalled 999 VF8 crossovers in the United States for an OTA update to correct a software problem that could cause the display screen to go blank. More at Autoblog. 

+   A 1972 De Tomaso Pantera that was featured in the Fast & Furious movie franchise will be offered at no reserve at the annual Barrett-Jackson Las Vegas auction on June 22-24. More at ClassicCars.com Journal. 

+   Specialty carmakers Lotus and Alpine have mutually agreed to abandon their 2021 plan to jointly develop an electric sports car, which Lotus designated the E-Sports platform. More at Motor Authority. 

+  Honda will supply engines to the Aston Martin Formula 1 team starting in 2026, as current partner Red Bull will start producing its own engines that year in partnership with Ford. More at ESPN. 

Photo courtesy of Barrett-Jackson. 

Review the previous MCG Executive Briefing from May 22 here. 

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