Described as the oldest Daimler still on the road, this 1897 Twin-Cylinder Tonneau will be offered at the Bonhams Golden Age of Motoring Sale. Get all the latest industry news in the Executive Briefing.

Today’s headlines:

+   Sony Honda Mobility, the EV joint venture formed by Honda and Sony, will build its first electric cars in an unnamed Honda plant in North America with sales beginning in 2025. More at InsideEVs. 

+   Calling him a “con man,” a federal prosecutor urged jurors to convict Trevor Milton, founder and former CEO of electric truckmaker Nikola, at Milton’s fraud trial in New York. More at Reuters. 

+   A 2023 Porsche 911 GT3 with high-downforce package ran a lap of 6:49.328 on the Nürburgring Nordschlieife circuit, 10.6 seconds quicker than the previous GT3 record. More at The Drive. 

+   NASCAR hammered Stewart-Haas Racing and driver Cole Custer with multiple penalties for what it called deliberately manipulating the finishing order at the Charlotte roval race. More at ESPN.

+   The FCA unit of Stellantis will pay $5.6 million to resolve a California investigation into violations of air quality regulations on 30,000 Ram, Jeep, and Dodge vehicles, the state said. More at The National Post. 

+   Swedish EV maker Polestar rolled out the 2024 Polestar 3, its performance SUV with 489 hp, range of up to 300 miles, a starting price of $85,300, and availability in late 2023. More at Car and Driver. 

+   A dealership in Missouri has been fined $15,000 by the Environmental Protection Agency for installing aftermarket components to defeat emissions controls on diesel trucks. More at Autoblog.

+   An 1897 Daimler Twin-Cylinder Tonneau will be among the featured offerings at the Bonhams Golden Age of Motoring sale at its new Bond Street showroom on November 4. More at Old Cars. 

+   The Michigan Department of State has suspended the license of the Carvana used car dealership in Novi, Michigan for “imminent harm to the public,” which the company denies. More at the Detroit Free Press. 

+   Red Bull Racing has expressed its “surprise and disappointment” in response to the FIA ruling that the Formula 1 team breached the series’ $145 million cost cap in 2021. More at Motorsport.com. 

Photo courtesy and copyright of Bonhams. 

Review the previous MCG Executive Briefing from October 10 here.

Join Mac’s Motor City Garage on Facebook and Twitter to receive notifices when every new story is published.