Trading hands at $179,200, this 1958 Jaguar XK150S was among the top sellers at the Bonhams online Greenwich auction. Get all the latest auto industry news in the Executive Briefing.

Today’s Headlines:

+   The European Union, Japan, Mexico, Canada, and other countries are protesting that an electric vehicle tax credit proposed in Congress violates international trade rules. More at Reuters. 

+   Toyota is investing $461 million in its Georgetown, Kentucky manufacturing plant to add new technology, increase production flexibility, and reduce its carbon footprint. More at The Detroit News. 

+   Amazon holds a 20 percent stake in electric-vehicle maker Rivian Automotive, the online commerce giant disclosed in a filing with the Securities and Exchange Commission. More at CNBC. 

+   Denny Hamlin, Chase Elliott, Martin Truex Jr., and Kyle Larson have secured the four final championship spots for the NASCAR Cup season finale in Phoenix on Nov. 7. More at NBC Sports. 

+   A study from Consumer Reports found that the average car payment has hit nearly $600 per month, and that shoppers must be vigilant about excessive interest rates. More at Car and Driver. 

+   New York Governor Kathy Hochul has just signed a bill that will increase the fines in the state for excessive noise from aftermarket exhaust systems from $150 to $1000. More at Road & Track. 

+   Panasonic has unveiled its prototype version of the previously announced 4680 battery cell from partner Tesla, which promises five times the energy at half the cost. More at Charged. 

+   The popular Ford Bronco Sport has been hit with its fifth safety recall in one year, this time to correct a defect that could cause the moonroof to separate from the body. More at Autoblog. 

+   The Bonhams online auction held in conjunction with the Greenwich Concours d’Elegance in Connecticut reported $4.3 milllion in sales and a 96 percent sell-through rate. More at ClassicCars.com Journal. 

+   Former Formula 1 driver Nico Hülkenberg is “towards the top of the list” for a possible third seat in the Arrow McLaren SP IndyCar team, says CEO Zak Brown. More at Motorsport.com. 

Photo courtesy and copyright of Bonhams. 

Review the previous Executive Briefing from October 29 here. 

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