This 1933 Bugatti Bebe, a pedal-car sized electric miniature, will be offered by Gooding & Company in an auction of Bugatti memorabilia. Get all the latest industry news in the Executive Briefing.
Today’s headlines:
+ Hyundai is offering a $170 security kit to owners to address a vulnerability in the cars’ design that has led to an epidemic of auto thefts, and is also developing a software fix. More at Car and Driver.
+ Tesla plans to push production of its Model Y and Model 3 sharply higher in the fourth quarter and continue that growth in 2023 as the Berlin and Texas gigafactories come up to speed. More at Reuters.
+ Toyota has lowered its October production target by 6.3 per cent to about 750,000 vehicles due to the microchip shortage, but is holding firm on its annual forecast. More at The Globe and Mail.
+ Red Bull Formula 1 driver Sergio Perez maintained his victory in the Singapore Grand Prix despite an unusual set of time penalties after the race for safety car violations. More at Racer.
+ Michigan congresswoman Debbie Dingell has asked General Motors, Ford, Stellantis, and Toyota to stop using hexavalent chromium, a carcinogen, in its supply chain. More at The Detroit News.
+ A gadget-laden Aston Martin DB5 stunt replica from the 2021 James Bond film No Time To Die sold for $3.1 million to the benefit of multiple charities at a Christie’s auction. More at Motor Authority.
+ Jeep confirmed that the 2023 Rubicon FarOut Edition will be the final Wrangler offered with the 3.0-liter EcoDiesel V6, but the engine will continue in the Gladiator pickup. More at Autoblog.
+ A 1932 Bugatti Type 52 Bebe, a child-sized, battery-powered miniature, is among a collection of Bugatti memorabilia to be auctioned by Gooding & Company on November 15. More at The Drive.
+ The state government in New York is moving forward with plans to require all new vehicles sold in the state to be zero-emissions in 2035, Governor Kathy Hochul announced. More at Autoweek.
+ NASCAR Camping World Truck Series driver Jordan Anderson was air-lifted to a local hospital with second-degree burns after his truck caught fire and crashed at Talladega. More at NBC Sports.
Photo courtesy and copyright of Gooding & Company.
Review the previous MCG Executive Briefing from September 30 here.
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We are seeing something historic take place. Tesla will pass BMW next year in total production.
I had a miniature Bugatti Tipo 30 powered by a Saxe engine with a two-speed transmission and built in Belgium by AX & Co.