To celebrate its 125th anniversary, Cadillac is offering a special edition Escalade priced at $239,000. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Volkswagen could develop its own body-on-frame truck platform for the U.S. market if it cannot reach a partnership agreement with Ford or another automaker, executives say. More at CBT News.
+ The share price of Volvo Cars plunged 24 percent after the automaker reported an operating loss of $563.7 million in the third quarter driven by a deep sales decline in China. More at CNBC.
+ When the Plymouth, Minnesota city council canceled its Flock surveillance camera contract and the company refused to acknowledge it, the city government had them unplugged. More at The Drive.
+ IndyCar has released its full 17-race schedule for the 2027 season, including an event in Barcelona, Spain, which will host the first IndyCar race in Europe since 2007. More at Motorsport.com.
+ General Motors has cancelled its long-term deal to purchase rare-earth magnets for EVs from VAC of Germany after it constructed a $500 million plant in South Carolina. More at World Auto Forum.
+ Volkswagen is offering its China-market Jetta M6 EV sedan, a joint venture between VW and FAW, with nearly 290 miles of government-rated range for less than $US12,000. More at Electrek.
+ Corvette executive chief engineer Tony Roma says General Motors intends to keep the C9 Corvette relatively affordable and not let the price climb into supercar territory. More at Autoblog.
+ Audi has named Jeff Zhang, most recently chief of Chery International’s Chery brand, as president of Audi China, with Rolf Michl appointed chief operating officer, More at Automotive World.
+ To celebrate the 125th anniversary since its founding, Cadillac is offering the Escalade in an Anniversary Collector Series limited to 252 copies with a base price of $239,000. More at Car and Driver.
+ Brad Keselowski, driver and co-owner at RFK Racing, offered to buy the team in its entirety, but the offer was decined by the other owners, the NASCAR Cup veteran confirmed. More at Business Sports Journal.
Photo courtesy of General Motors.
Review the previous MCG Executive Briefing from October 23 here.
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Quite the rabbit hole to molten magma pathetic loopholegineered Flock pony and dog stories, eh? When an ordinary taxchattle American citizen and his wife is wrongfully Flocked in a high-risk felony ambush takedown by ignorant bored lazy cops in four police cars with sirens, lights, guns drawn, yelling orders, procedures, policies and protocals after four days of police spying and planning, the Flocked victim’s voice is rarely ever heard. If a typical taxchattle and his wife complains for being rough up, searched, belittled, dehumanized, threatened with death and treated like a criminal for a data entry typo 2000 miles away, its usually a quiet drawn-out internal police matter or ignored completely. Flocked victims rarely have the financial means to get any justice against a government loophole lawyer’s iron dome soveriegn immunity or a multi-billion-dollar international tech corporation in a kangaroo due process, while post-modern American media propaganda outlets formally known as journalism rarely give a rat’s ass about regular taxchattle getting Flocked hard on a routine regular basis.
But in this specific case, the Flocked victim’s vehicle was a high-end, corporate-owned media loaner $155,000.00 Range Rover driven by a professional automotive journalist writing for a major national publication (The Drive). When the Flock algorythm “malfunctioned,” this time, it didn’t just disrupt a private commute for a routine revenue event shakedown financial transaction, it disrupted an international corporate asset and directly targeted someone whose entire job is to publish stories to a nationwide audience, and now we know how the graet and wunderful Flock retardely listed ALL Range Rover manufacturer license plates registered in the U.S.A. as stolen…
According to mr. internet, Jaguar Land Rover issues sequential manufacturer plates to its entire US press loaner fleet, so Flock had flagged all JLR media vehicles as stolen. In fact, another professional automotive journalist, Tim Esterdahl, was subjected to a grueling 90-minute traffic stop in 98-degree Nebraska heat that same week for the exact same reason…