Renault will auction off around 100 historic vehicles from its factory collection on December 7. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ India’s auto industry, now the fourth-largest in the world, posted its strongest month on record in October, scoring a 40.5 percent increase over the same month last year. More at CNBC.
+ EV maker Rivian is giving CEO RJ Scaringe a pay plan worth as much as $4.6 billion over the next decade, faintly echoing the recent $1 trillion plan for Tesla CEO Elon Musk. More at MSN News.
+ Honda CEO Toshihiro Mibe says it “doesn’t make sense” for the company to develop software independently even on software defined vehicles and will continue to seek partners. More at The Drive.
+ NASCAR team owners Rick Hendrick and Roger Penske have filed motions asking to be excluded from giving testimony in the 23XI/Front Row Motorsport antitrust suit. More at Motorsport.com.
+ General Motors has issued a special coverage bulletin reporting that some 2022 Chevrolet Malibus may have defective turbochargers and it will replace them free of charge. More at Autoblog.
+ In Los Angeles, Ford debuted a traveling multimedia exhibit called the Mustang Immersive Experience that explores 60 years of Mustang history, technology, and culture. More at Motor Trend.
+ Kia is offering $10,000 discount on all its EVs, including the Niro EV, EV6, and EV9, along with zero percent financing and other incentives, to offset the loss of the federal tax credit. More at CBT News.
+ In conjunction with the French auction house Artcurial Motorcars, Renault will sell off around 100 cars from its 800-vehicle historical collection on December 7 near Paris. More at Old Cars.
+ Honda Motor is recalling 406,290 vehicles in the U.S. over a manufacturing flaw that could cause their 18-inch accessory aluminum-alloy wheels to detach from the vehicle. More at World Auto Forum.
+ Sauber team principal Jonathan Wheatley was full of praise for Formula 1 safety standards after driver Gabriel Bortoleto walked away from a huge crash in Sao Paulo. More at Racer.
Photo courtesy of Renault.
Review the previous MCG Executive Briefing from November 7 here.
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From Honda’s press release:
“Voluntary recall will determine if vehicles are equipped with a limited number (3,276) of accessory wheels.
Improperly manufactured accessory wheels may cause wheel nuts to loosen and detach
Authorized Honda dealerships will perform a free inspection and, if necessary, replace accessory wheels at no cost to the owner.”
They are trying to find and replace a small batch of bad 18″ wheels, check your nuts…
Same problem area as with the infamous Chrysler recall wheels of 1969: lug nuts working loose. In this instance they used a conventional conical lug nut on a cast aluminum center section. https://macsmotorcitygarage.com/a-minor-chrysler-calamity-the-1969-recall-wheels/
Sadly, it seems every generation of road wheel attachment engineers must re-learn these lessons the hard way- the old timers seem to retire or split before the newbs can figure it out. Seen it first hand more than once…
Great point. Have often reflected on this. For such hidebound organizations, the U.S. automakers have a remarkable lack of institutional memory. How many cycles of flattened cam lobes did the small-block Chevy go through between 1955 and 1987?
> Ford debuted a traveling multimedia exhibit called the Mustang Immersive Experience
That’s nice and all, Mr. Farley. I’m happy that you take pride in your history. But we have the internet now so this exhibit is probably not necessary. I’d rather see the money spent on a program to eliminate the need for weekly recalls.
We already appreciate the Mustang, and this display won’t really increase that. I particularly appreciate it because it’s not a truck or SUV. I heard that GM might introduce a new sedan or two. Can I get a station wagon that allows me to lower my butt into the seat instead of climbing up?
https://gmauthority.com/blog/category/business/quality/service-bulletin/
2022 Chevrolet Malibus may have defective turbochargers: When the money light comes on and/or it goes into limp-in mode, it may violate a driver’s expectations especially at freeway speeds. See Mr. Goodwrench for this month’s service specials…