The Tokyo Mobility Show featured a number of noteworthy vehicle rollouts, including the Mazda Iconic SP. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Ford workers are preparing to return to work after the United Auto Workers and the automaker reached a tentative labor agreement, which includes a 25 percent pay increase. More at Reuters.
+ The California Department of Motor Vehicles has temporarily suspended GM’s Cruise autonomous vehicle operations in the state, citing “an unreasonable risk to public safety.” More at Autoweek.
+ Oil giant BP has placed a $100 million order with Tesla for DC fast chargers as part of its $1 billion plan to build a high-speed, open-access charging network across the USA by 2030. More at Autoblog.
+ British IndyCar Driver Callum Ilott has amicably parted ways with Juncos Hollinger Racing, the team that brought him to the IndyCar Series at the end of the 2021 season. More at IndyStar.
+ Stellantis announced it will purchase a 20 percent stake in Chinese electric vehicle maker Leapmotor, with plans to help the brand secure market share outside China. More at CBT News.
+ Audi is set to release a road legal GT3 version of the R8 supercar, to be built in a limited production run of 100 vehicles and scheduled for a launch sometime in 2024. More at Motor Illustrated.
+ Noteworthy product rollouts at the Tokyo Mobility Show include a Honda Prelude concept, five Nissan concepts, the Suburu Sport Utility Concept, and the Mazda Iconic SP. More at The Drive.
+ General Motors and Honda have cancelled their plan to jointly develop an affordable electric vehicle priced at less than $30,000 and have it ready for production in 2027. More at CNBC.
+ The Gilmore Car Museum in Michigan has announced the 2024 dates for its Model T Driving Experience, where guests spend three hours mastering the Model T’s quirky but fun controls. More at Old Cars.
+ Bob Pockrass of Fox Sports reported via X that NASCAR will not repossess the charter for Rick Ware Racing’s No. 51 team at the end of the year, despite its poor performance. More at Jayski.
Photo courtesy of Mazda.
Review the previous MCG Executive Briefing from October 23 here.
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