MCG Executive Briefing for October 7, 2022

Honda has unveiled its first electric SUV, the Prologue, which shares a platform with the Chevy Blazer EV and is scheduled to go on sale in 2024. Get all the latest industry news in the Executive Briefing.

 

Today’s headlines:

+   According to industry analysts, new vehicle prices may start coming down soon, but any savings to consumers could be offset an equal amount by rising interest rates. More at NBC News. 

+   in Idaho, Jervois Global Ltd. is opening the first U.S. cobalt mine in nearly three decades to meet the booming demand for the metal for use in electric vehicle batteries. More at The Detroit News. 

+   The final edition of the third-generation Ford GT is the 2022 LM, a tribute in part to the Le Mans-winning 1966 Ford GTs that will be limited to a production run of 20 cars. More at The Drive. 

+  American IndyCar and NASCAR driver Santino Ferrucci will return to full-time IndyCar racing next season in A.J. Foyt’s flagship no. 14 car after two seasons in part-time rides. More at ESPN. 

 GMC rolled out its latest Sierra 2500 and 3500 HD trucks with revised exterior styling, an upgraded 6.6-liter Duramax diesel V8 with 470 hp, and an all-new interior. More at Motor Trend. 

The European Automobile Manufacturers Associals (ACEA) is forecasting that the new vehicle market in the European Union will contract one percent in 2022 to 9.6 million units. More at Reuters. 

 There are few surprises in Car and Driver magazine’s list of the 25 best-selling new vehicles in the USA, with the Ford F-150 on top and the Toyota Camry leading the sedans. More at Car and Driver. 

 Honda has released photos and preliminary information on the 2024 Prologue, the Japanese automaker’s first electric SUV, which shares its platform with the Chevy Blazer. More at CNET Cars. 

+   Ford has once again increased the pricing of the F-150 Lightning electric pickup, with the base model Pro now starting at $52,000 and the Platinum listing at $97,000. More at Autoblog. 

Kaulig Racing announced that AJ Allmendinger, who has won four Xfinity races in Kaulig Chevrolets this year, will drive full-time in NASCAR Cup for the team in 2023.  More at NBC Sports. 

Photo courtesy of Honda. 

Review the previous MCG Executive Briefing from October 3 here.

Join Mac’s Motor City Garage on Facebook and Twitter to receive notifications when every new story is published.  

2 thoughts on “MCG Executive Briefing for October 7, 2022

  1. Open the CNET article on the Honda Prologue and a video pops up on the right hand side, mercifully captioned, revealing a guy advising us he doesn’t own an electric car and why. Funny in a pathetic sort of way. Not enough compulsion for me to hear the guy out. He and I have this much in common: no electric car; but I honestly couldn’t care less why there’s not one in his driveway. The Prologue is likely to do well, and sharing the Blazer platform explains why it already looks familiar.

    • Thanks, I checked it out. The header was sort of a tease. It was mainly about how now is a bad time to need a car, new or used. I agree.

Comments are closed.