MCG Executive Briefing for September 1, 2014

At the IndyCar season finale, Tony Kanaan (above) collected his first win of 2014 and Will Power earned his first career IndyCar title. Get all the latest car biz news in the Executive Briefing.   -photo by Brian Cleary/LAT for Chevy Racing     

 

 

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+   Five states are bidding up incentive packages to attract the planned $5 billion Tesla Motors battery plant and its anticipated 6,500 jobs. More at The Detroit News. 

+   Fiat Chrysler Automobiles plans to list its shares on the New York Stock Exchange on October 13, says chief executive Sergio Marchionne. More at Reuters.

+   The Chevrolet Cruze, introduced in 2008 and assembled in 11 countries, surpassed three million units in sales in August . More at Motor Trend. 

+   Vintage racer Lee Duran, 73, was fatally injured at Lime Rock Park’s annual Historic Festival when his 1934 MG PA overturned in the Downhilll turn. More at Racer. 

+   Buick is launching its Envision crossover, sized between the current Encore and Enclave models, in China at the Chengdu Motor Show. More at Autoblog.

+   The California legislature seeks to phase out big state tax incentives that mainly benefit wealthy electric vehicle owners. More at MSN Autos. 

+   Officials at the National Corvette Museum in Kentucky have chosen to completely fill in the giant sinkhole that swallowed eight cars last February. More at the Detroit Free Press. 

+   At the 2014 IndyCar finale in Fontana, California, Penske driver Will Power reversed years of bad fortune to earn his first season title. More at USA Today. 

For the previous Executive Briefing from August 29, click here.

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