MCG Executive Briefing for May 26, 2014

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RHR Jim Haines photo IMSIndyCar officials guide Ryan Hunter-Reay over the yard of bricks into victory lane to celebrate his win in the 2014 Indianapolis 500. Get all the latest auto industry news in the Executive Briefing.   -IMS photo by Jim Haines        

 

 

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+   The Justice Department’s investigation of price-rigging in the auto-parts industry has grown into its largest criminal antitrust probe ever. More at The Detroit News. 

+   Market researchers are skeptical of Ford’s plans to expand into the premium car category in Europe with the Mustang and the Vignale brand. More at Reuters. 

+  Renault has signed an agreement with Tan Chong Euro Cars to produce a version of the Fluence luxury sedan in Malaysia. More at Autotmotive Business Review.

+   Ryan Hunter-Reay of Andretti Autosport held off Helio Castroneves for the final four laps to win the 98th running of the Indianapolis 500. More at USA Today. 

+   General Motors will introduce a new form of seat-belt interlock, a feature last seen in 1974, as a no-cost option on selected 2015 car and truck models. More at Motoramic. 

+   Hindustan Motors has ceased production at its Uttaparra, India plant where the venerable Hindustan Ambassador automobile is built. More at the Business Standard.

+   Drag racer Lamont Akins, 48, was fatally injured at Maryland International Raceway when his car flipped over. More at Lehigh Valley Live.

+   Cadillac is said to be dropping plans to produce a large, three-row crossover vehicle with unit construction. More at Motor Trend. 

+   NASCAR Sprint Cup driver Trevor Bayne has landed a full-time ride for 2015 with Roush Fenway Racing, where he will drive the no. 6 Ford. More at the Miami Herald. 

For the previous Executive Briefing from May 23, click here.

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2 thoughts on “MCG Executive Briefing for May 26, 2014”

  1. Ford already has a line for tarted-up cars. It’s called Lincoln and if they can’t make that work, then I doubt a duplicate approach would be fruitful. Maybe it would be better if both continents put their heads together and created something great.

    How many “premium brands” can the market absorb anyway? Ford Motor Company was built on the idea of a car for everyman. Can hundreds of high margin cars replace millions of average cars? Are the masses going to be herded into automated Google-trains while the rich take over the HOV lane for their high dollar toys?

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