This 1967 Lamborghini Miura P400SV was awarded Best in Show at the Fort Lauderdale Concours. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ The United Auto Workers union says its tentative contract with General Motors includes a company investment of more than $6 billion in electric vehicle manufacturing. More at Reuters.
+ A 1989 Lamborghini Countach wrecked by Leonardo DiCaprio’s character in a scene for Martin Scorsese’s film The Wolf of Wall Street will be sold at auction by Bonhams in New York. More at Autoblog.
+ Ford will temporarily lay off workers this month at its Louisville Assembly Plant, where the Ford Escape and Lincoln Corsair are produced, due to parts supply-chain issues. More at The Detroit News.
+ Driving a Ford Mustang for Team Penske, Ryan Blaney held off Kyle Larson in the closing laps to finish second at Phoenix, winning his first NASCAR Cup championship. More at The Athletic.
+ Chevrolet has confirmed that the 2024 Equinox EV crossover will be priced at $34,995 in 1LT base trim and will qualify for the federal government’s EV tax credit. More at Motor Trend.
+ The 2024 Acura RDX will not be offered in a front-wheel drive version but with all-wheel drive only, raising the base price of the least expensive model of the SUV to $47,895. More at Car and Driver.
+ Standards Australia has recommended that the nation’s parking spaces should be lengthened eight inches, which many sources are blaming on American pickup trucks. More at The Drive.
+ Chinese electric carmaker and leading Tesla rival Nio is making plans to cut 10 percent of its workforce amid “fierce competition” in pricing, said chief executive William Li. More at CNBC.
+ Best in Show at the 2023 Fort Lauderdale Concours was awarded to a 1967 Lamborghini Miura P400SV, while the Legacy, Spirit & Style Award wen to a 1968 Dodge Charger. More at Old Cars.
+ Mercedes Formula 1 boss Toto Wolff said he felt sorry for drivers Lewis Hamilton and George Russell following the team’s “miserable” performance at the Brazilian Grand Prix. More at Motorsport.com.
Photo courtesy of Fort Lauderdale Concours.
Review the previous MCG Executive Briefing from November 3 here.
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Annus Horrilibus for Mercedes F1. Interesting how an F1 team can go from the top to the bottom so quickly. It’s happened many times.
I think parking space needs to addressed in the US, too. Many spaces are too narrow for today’s wider vehicles, being longer would be nice also.