This 1956 Maserati A6G/2000 Zagato will be among the stars at the RM Sotheby’s Monterey sale, where it is expected to bring $4.25 million to $5.25 million. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ President Donald Trump has threatened to impose stiff tariffs on auto imports, citing Section 232 trade provisions that allow the president to act in the name of national security. More at CNN Money.
+ Salaried workers in Ford’s electric vehicle and and autonomous vehicle business teams are moving into their new offices in Detroit’s historic Corktown district. More at The Detroit News.
+ Honda has unveiled a concept pickup based on the Civic Type R at the automaker’s UK factory in Swindon, but there are currently no plans for production. More at Motor Trend.
+ Drivers Jeff Gordon, Davey Allison, Alan Kulwicki, and team owners Jack Roush and Roger Penske have been elected to the 2019 class of the NASCAR Hall of Fame. More at ESPN.
+ Energy analysts expect the average price of a gallon of regular gasoline to blow past the three-dollars-per-gallon mark as the nation’s summer driving season begins. More at USA Today.
+ A day after Uber shut down its autonomous vehicle program in Arizona, it was disclosed that the emergency braking system was disabled on a vehicle involved in a fatal crash. More at the Los Angeles Times.
+ The United Auto Workers union filed a complaint with the National Labor Relations Board against Tesla over anti-union comments made on Twitter by CEO Elon Musk. More at CNBC.
+ A 1956 Maserati A6G Zagato with Mille Miglia provenance will be among the star consignments at the RM Sotheby’s Monterey Auction on August 24-25. More at Classic Cars.com Journal.
+ Hyundai Motor Group has halted its proposed board restructuring plan after the move was criticized by foreign investors including Elliot Management. More at Automotive Business Review.
+ After driver James Hinchcliffe failed to qualify for the Indianapolis 500, Schmidt Peterson Motorsports has parted ways with race engineer Leena Gade, a Le Mans veteran. More at Racer.
Review the previous Executive Briefing from May 21 here.
Photo courtesy of RM Sotheby’s.
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Tariffs are the worst thing that could happen to the auto industry.
Yes, but think of all the winning!
President Donald Trump has threatened to impose stiff tariffs on auto imports, citing Section 232 trade provisions that allow the president to act in the name of national security.
What are they going to do impose tariffs on GM, Ford, Chrysler ??? There is more American content in Honda, Nissan and Toyota cars that are made here in this country than so called American cars. Japan and Germany’s reaction to tariff threats in the 70’s and 80’s was to start manufacturing here which they have done. The cars today are not only just assembly of parts from those countries, but they use American steel, electrical components, build their own engines with their own foundries all in America.