Geely has introduced the Zeekr 009, a luxury electric minivan that offers 536 hp and 436 miles of range, but it will be offered only in China. Get all the latest industry news in the Executive Briefing.

Today’s headlines:

+   The Japanese government warned that new electric vehicle tax credits from the U.S. government could ultimately deter further investment by Japanese automakers in the USA. More at Reuters.  

+   Volkswagen has joined General Motors, General Mills, and other companies pausing their ad buys on Twitter, the social media platform now owned by Tesla CEO Elon Musk. More at World Auto Forum.

+   In Denver, Colorado, somewhere between 50 and 100 cars were caught up in a giant multi-car accident that was reportedly caused by snow and black ice on an overpass. More at Autoblog. 

+   In the NASCAR Cup finale in Phoenix, Joey Logano dominated the field to claim the season title, giving car owner Roger Penske the 2022 championships in both NASCAR and IndyCar. More at the UK Guardian. 

+   The share price in used-car retailer Carvana tumbled 39 percent to $8.72 in a single day, prompting Morgan Stanley to pull its ranking and price target on the company. More at CNBC. 

+   Ford’s top quality executive, Stuart Rowley, retired this week after numerous complaints about durability and warranty issues stacked up, to be replaced by Jim Baumbick. More at The Drive. 

+   Detroit-based American Axle & Manufacturing Holdings Inc., a Tier 1 supplier of drivetrain components, denied a Bloomberg report that the company is for sale. More at The Detroit News. 

+   Geely, the Chinese parent company of Volvo, Polestar, and Lotus, has introduced the Zeekr 009, a luxury electric minivan with all-wheel-drive and a 140-kWH battery pack. More at Car and Driver. 

+   The first Corvette Z06, a 70th Anniversary Edition in Carbon Flash Metallic, has rolled off the line for delivery to NASCAR team owner and megadealer Rick Hendrick. More at Motor Authority.

+   Coy Gibbs, the vice chairman and chief operating officer at Joe Gibbs Racing, son of NASCAR and NFL famer Joe Gibbs, and father of Xfinity champion Ty Gibbs, has passed away at 49. More at NBC Sports. 

Photo courtesy of Geely. 

Review the previous MCG Executive Briefing from November 3 here. 

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