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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