This NART Ferrari 365 GTB/4 Daytona, a veteran of the 24 Hours of Le Mans in 1971, will be among the stars of the inaugural Keno Brothers’ Rolling Sculpture auction in Soho. Get all the latest auto industry news in the Executive Briefing. 

Today’s headlines:

+   United Auto Workers president Dennis Williams says the union’s new tentative contract proposal with Fiat Chrysler Automobiles is “one of the richest ever negotiated.” More at The Detroit News. 

+   Italian carmaker Ferrari expects its U.S. initial public offering to be priced between $48 and $52 per share, which could value the company at up to $9.8 billion. More at CNBC. 

+   The European Investment Bank (EIB) will examine whether Volkswagen used any loans from the European Union to cheat on diesel emissions tests and could demand the money back. More at Reuters. 

+   Former Top Gear host Jeremy Clarkson says his new Amazon Prime television program with co-presenters James May and Richard Hammond will not be called Gear Knobs, contrary to earlier reports. More at Carscoops. 

+   Aprilia MotoGP rider Alex de Angelis is in critical condition in a hospital in Japan after a scan discovered intracranial bleed following a violent practice crash at Motegi. More at Eurosport. 

+   For 2016, the new 3.6-liter V6 engine and eight-speed automatic transmission from the Cadillac CT6 will be offered in the ATS and CTS. More at Motor Trend. 

+   Car Inc., China’s largest car rental firm, will enter the retail used car business next month as the company seeks additional avenues for growth. More at Bloomberg.com. 

+   BMW has begun production of three and four-cylinder automobile engines at its Hams Hall plant near Birmingham, England, following an investment of $750 million. More at Automotive Business Review. 

+   General Motors is recalling nearly 32,000 2016 Buick Enclave, Chevrolet Traverse and GMC Acadia SUVs to correct an electrical defect in the windshield wipers. More at the Detroit Free Press. 

+   A NART 1971 Ferrari 365 GTB/4 Daytona will be among the headline offerings at the inaugural Keno Brothers New York 2015 auction on November 18-19. More at Sports Car Digest. 

+   IndyCar Series champions Chip Ganassi Racing could expand into the Indy Lights series, which launched a new engine and chassis package this year. More at Racer. 

Read the previous Executive Briefing from October 9 here. 

Photo courtesy of Keno Brothers Fine Automobile Auctions. 

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