MCG Executive Briefing for September 16, 2013

A new study finds U.S. fuel economy ratings at their highest ever—no thanks to the Bugatti Veyron (above), the thirstiest car sold in America at 10 mpg combined. Get all the latest auto industry news in the Executive Briefing. 

 

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+   Ford has named 51 year-old John Felice as its new U.S. sales chief, replacing Ken Czubay, who retires Nov. 1. More at Bloomberg.com.

+   Volkswagen is studying raising its stake in its joint car-making venture with China’s state-owned FAW Group, one of two VW partners in China. More at Reuters.

+   In an unprecedented move following the Richmond controversy, NASCAR has added Jeff Gordon as a 13th member of the Chase for the Sprint Cup. More at USA Today.

+   Five Ford employees suffered minor injuries in a rollover accident at the Ford Proving Grounds in Bruce Township near Romeo, Michigan. More at the Detroit Free Press.

+   Members of Unifor (formerly the Canadian Auto Workers) Local 88 at GM’s Ingersoll, Ontario CAMI plant have ratified a four-year agreement. More at The Detroit News.

+   The chief aero engineers at the Lotus and Ferrari F1 teams have effectively swapped positions, with Dirk de Beer moving to Ferrari and Nicolas Hennel relocating at Lotus. More at NBC Sports.

+   A new study from the University of Michigan finds new vehicle fuel economy ratings in the USA at an all-time high of 24.9 mpg. More at The Detroit Bureau.

+   Suzuki is recalling nearly 194,000 Grand Vitara and SX4 vehicles from 2006-11 to replace a defective passenger seat airbag sensor. More at USA Today.

 

For the previous Executive Briefing from September 13, click here.

 

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