This 1959 Cadillac Eldorado once owned by Hank Williams Jr. was among the top sellers in the first Barrett-Jackson Online Only Auction. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Aston Martin Chief Executive Andy Palmer is leaving as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, sources say. More at Autoblog.
+ Officials of the Mexican state of Puebla announced that conditions “do not exist” yet to re-start auto manufacturing, halting plans by Volkswagen and Audi to resume production. More at Reuters.
+ The next-generation Ford Ranger pickup due in 2022 will feature all-new sheet metal and will offer gasoline, diesel, and hybrid Ecoboost-electric powertrain options. More at The Drive.
+ Audi Formula E driver Daniel Abt has been disqualified and fined 10,000 Euros for secretly using a ringer to substitute for him in the Formula E esport championship. More at the UK Guardian.
+ As predicted, rental car giant Hertz has filed for Chapter 11 bankruptcy protection, as the COVID-19 outbreak has all but eliminated the demand for automobile rentals. More at Car and Driver.
+ The Ferrari SF90 Stradale will star in a remake of the classic underground film, C’était un Rendez-Vous, about an illicit high-speed drive through the streets of Paris. More at Motor Trend.
+ Organizers of the New York Auto Show at the Javits Convention Center.have cancelled the show for this year after earlier rescheduling the event for August. More at The Verge.
+ The United Auto Workers Local 600 has filed a grievance at Ford’s Dearborn Truck Plant, charging unsafe working conditions due to the COVID-19 outbreak. More at the Detroit Free Press.
+ Barrett-Jackson’s first Online Only auction on May 8-17 netted $3.79 million in sales, led by a former Dale Earnhardt Sr. NASCAR racer that brought $425,000 for charity. More at Classic Cars.com Journal.
+ NASCAR president Steve Phelps says he is hopeful that the Cup series will shift from its current television-only events to live audiences “sometime in the near future.” More at Fox Sports.
Review the previous Executive Briefing from May 21 here.
Photo courtesy of Hemmings Daily.
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