The 75/105hp Prinz Heinrich Benz Raceabout raced by Barney Oldfield will be offered at the Bonhams Bothwell Collection auction on November 11. Get all the latest automotive news in the Executive Briefing.   

Today’s headlines: 

+   British luxury carmaker Bentley Motors has hired Adrian Hallmark, former head of strategy at British rival Jaguar Land Rover, to become its new chief executive. More at The Economic Times. 

+   Tesla Inc. reaffirmed it is talking with the Shanghai municipal government about building a factory in China and expects to have a plan in place by the end of the year. More at Reuters.

+   Toyota suspended operations at all of its plants and subsidiaries in Japan as a precautionary measure as a powerful typhoon approached Japan’s mainland. More at Automotive News Europe.

+   To celebrate the company’s founding by Colin Chapman 70 years ago, Lotus has introduced the Elise Cup 260, a lightweight edition that will not be marketed in America. More at Motor Trend. 

+   Although Verizon will end its title sponsorship of the IndyCar series after 2018, Team Penske has confirmed that the company will continue to sponsor its IndyCar operation. More at Racer. 

+   Dave Pericak will step down as the director of Ford Performance effective Dec. 1 to return to production cars as Ford’s Engineering Director for Unibody Vehicles. More at Road & Track. 

+   Six months before it goes on sale in the United States, Volvo is providing extensive details on its XC40 compact SUV, including a base price of $35,200. More at the Detroit Free Press. 

+   BMW disclosed that European Commission staff conducted an inspection at company offices in Munich in connection with the ongoing diesel emissions scandal. More at The Detroit News. 

+   The Prinz Heinrich Benz racer driven by Barney Oldfield in the classic silent movie Race for Life will be offered at the Bonhams Bothwell Collection auction. More at Sports Car Digest. 

+   Mercedes Formula 1 chairman Niki Lauda has called the penalty on Max Verstappen in the U.S. Grand Prix for his pass on Kimi Raikkonen as “the worst decision I’ve ever seen.” More at Motorsport.com. 

Review the previous Executive Briefing from October 20 here. 

Photo courtesy of Bonhams. 

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