MCG Executive Briefing for October 16, 2017

Posted on by

While GM’s Holden plant will cease production this week, a portion of the Elizabeth, South Australia facility will become a museum for classic vehicles like the 1963-65 Holden EH. Get all the latest automotive news in the Executive Briefing.

 

 

 

Today’s headlines: 

+  Following production issues with the Model 3 and a company-wide review, Tesla fired around 400 employees this week, including associates, team leaders and supervisors. More at Reuters. 

+   Mercedes-Benz firmed up its lead over BMW and Audi in the global luxury car market with a 12 percent sales increase in the first nine months of 2017. More at Bloomberg.com.

+   A Wankel rotary engine could return to the Mazda line as soon as 2019, reportedly as a range extender for the company’s first electric vehicle platform. More at Motor Trend. 

+   While the 2018 IndyCar schedule has already been announced, CEO Mark Miles says a race in Mexico City race is still in the works, most likely in August. More at Motorsport.com. 

+   Indian steering parts supplier Sakthi Automotive broke ground on a $7 million, 60,000-sq-ft  expansion of its Southwest Detroit facility that will add 200 jobs. More at the Detroit Free Press. 

+   General Motors has reached a tentative deal with Unifor, the Canadian union representing striking workers at GM’s Ingersoll, Ontatio CAMI assembly plant. More at the Toronto Star. 

+   Kobe Steel’s fake data scandal has expanded to its core business after the company admitted to falsified documentation for steel wire used in engines and tires. More at Automotive News Europe. 

+   Ford Motor Co. is offering a free repair for potential carbon monoxide exhaust leaks in 1.3 million  Explorer SUVs from the 2011 through 2017 model years. More at The Detroit News. 

+   Although GM’s Holden plant will end production October 20, a portion of the Elizabeth, South Australia facility will be retained for a parts distribution center and a museum. More at Hemmings Daily. 

+   Haas F1 principal Guenther Steiner has revealed that Ferrari, the team’s engine supplier, asked his team to change its driver line-up to include one of its young drivers. More at Racer. 

Review the previous Executive Briefing from October 13 here. 

Photo courtesy of Holden. 

Have you joined Mac’s Motor City Garage on Facebook? It’s lots of fun with rare photos, car lore, trivia, and great discussions. Click here to go the page and join MCG. Be sure to check out our companion Facebook page MOTOROLOGY, too.

3 thoughts on “MCG Executive Briefing for October 16, 2017”

  1. Where’s the rest of the holden story? I thought you’d at least give a few lines and images for us Aussies?

    • The Executive Briefing is a biweekly news summary. We may very well do a separate Holden feature. Stay turned.

  2. All the hooha about Holden, BUT Toyota closed on the same day with hardly a whisper and Fords closure last year got nowhere near the press. AND The locally made Camry and Falcon were of far greater Australian content than the Chinadore and assembled Daewoos [Cruze]
    I live in SA and it is a total shame to lose manufacturing as well as supply industry jobs. But Toyota and Ford with more content affected more people.

Comments are closed.