This 1928 Duesenberg Model J with Murphy convertible coupe body and a colorful Chicago history was the top seller at the Auctions America Auburn fall sale, bringing $1.4 million. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ The United Auto Workers union has selected Fiat Chrysler Automobiles as its target or lead company in contract negotiations with the automakers. More at The Detroit News.
+ A group of 10 leading automakers agreed to make automatic emergency braking standard on all new passenger vehicles sold in the United States. More at Reuters.
+ Subaru is projecting sales of 700,000 vehicles in North America as early as in 2017 as the automaker outmaneuvers a sales slump in China. More at Bloomberg.com.
+ The field of 16 drivers is now set for NASCAR’s Chase for the Sprint Cup 10-race playoff, with Jimmie Johnson, Kyle Busch, and Matt Kenseth leading the pack with four wins each. More at ESPN.
+ German tire manufacturer Continental has broken ground on a $500 million expansion of its Sumter, South Carolina plant to double production to eight million units by 2021. More at Automotive Business Review.
+ Days before its official rollout in America, a 2016 Honda Civic Sedan has been spied and photographed on the streets of Ann Arbor, Michigan. More at Motor Trend.
+ Citing strong sales of the Huracan model, Lamboghini reports that it has sold 2,530 vehicles this year, a 19 percent increase over the previous period. More at Autoblog.com.
+ Fortune magazine has named General Motors chief executive Mary Barra, 53, the most powerful woman in America, up from number two last year. More at Fortune.
+ Event organizers have extended their agreement with Formula 1 management to host the Australian Grand Prix in Albert Park in Melbourne through 2023. More at Sky Sports.
+ Top sales at the Auctions America Auburn fall sale included a 1959 Costin Jaguar sports racer at $363,000 and a 1953 Oldsmobile Fiesta convertible that hammered down for $209,000. More at Hemmings Daily.
Read the previous Executive Briefing from September 11 here.
Photo courtesy of Auctions America.
NASCAR is following the lead of other sports in broadening the playoff format. 16 of 43 is more than 1/3 of the field.
“Days before its official rollout in America, a 2016 Honda Civic Sedan has been spied and photographed on the streets of Ann Arbor, Michigan.”
Ha – right next to Afternoon Delight, too. But it was spotted by Motor Trend, not Road & Track???
That Dusenberg at that money beats the similar money paid for a worn out old Bentley,,, but not by much. I know what I would prefer every day!