MCG Executive Briefing for October 30, 2023

GMC and AEV have teamed up to produce a tricked-out flatbed version of the Canyon AT4X. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

  The United Auto Workers and Stellantis came to a tentative agreement, now subject to ratification, leaving General Motors as the only one of the Detroit three automakers still on strike. More at CNN.

 Shares in Ford Motor Company fell 12.3 percent on Friday after the automaker reported a wider loss from its electric-vehicle business and pulled its 2023 financial forecast. More at Reuters. 

 The 2024 Subaru BRZ tS will offer upgraded Brembo brakes and STI-tuned dampers.for a list price of $36,465, another $5,150 more than the Premium base model. More at Car and Driver. 

 At Martinsville, Ryan Blaney and William Byron locked up playoff spots for the final-four showdown at Phoenix, where they will race Kyle Larson and Christopher Bell  for the NASCAR Cup title. More at AP. 

+   GM’s Chevrolet brand is changing its slogan, “Find New Roads,” in use since 2013, to “Together Let’s Drive,” Chevrolet chief marketing officer Steve Majoros announced. More at the Detroit Free Press. 

+   Daimler Truck North America has begun production of its battery electric Freightliner eM2, a medium-duty truck for delivery applications manufactured in Portland, Oregon. More at Commercial Carrier Journal. 

+   Spy photographers captured pictures of the gasoline/electric hybrid successor to the V10 Huracan testing in the Sierra Nevada in Spain, operating silently in electric-only mode. More at The Drive. 

+   Hyundai announced it will set up mobile clinics at five U.S. locations to provide anti-theft software upgrades for vehicles now regularly targeted by thieves as popularized on social media. More at The Detroit News.  

 GMC Trucks and American Expedition Vehicles have partnered to produce a tricked-out flatbed version of the  Canyon AT4X pickup that will make its debut at SEMA in Las Vegas,.More at Autoblog. 

 Red Bull driver Max Verstappen added another record to his historic 2023 season with victory number 16 at the Mexico City Grand Prix, moving him to fourth on Formula 1’s all-time win list. More at ESPN. 

Photo courtesy of American Expedition Vehicles.  

Review the previous MCG Executive Briefing from October 27 here.

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