Contemporary American performance cars dominated the results at the Mecum Louisville auction, led by this 2018 Dodge Challenger Demon at $132,000. Get all the latest auto industry news in the Executive Briefing. 

Today’s Headlines:

+  Automakers including Ford and Volvo are finding takers for short-term vehicle subscription services to replace traditional new-car purchase and lease agreements. More at The Detroit News. 

+   Small SUVs and crossovers are now the fastest-growing market segment in Europe, gaining 20 percent in sales volume in the first half of 2018 in a relatively flat market. More at Automotive News Europe.

+   The supervisory board of Volkswagen will meet to discuss the future of Rupert Stadler, the suspended chief executive of its premium Audi brand now in police custody. More at Reuters. 

+   With a second-place finish at the season finale in Sonoma, Scott Dixon scored his fifth IndyCar season championship, second only to seven-time champion AJ Foyt. More at ESPN. 

 +   Geely-owned Volvo Cars has asked the Trump administration to exempt the company’s Chinese-made XC60 mid-size crossover from planned the 25 percent tariff. More at Reuters.

+   BMW has unveiled its future electric car, the self-driving, long-range Vision iNext EV concept, in a Lufthansa Boeing 777F cargo aircraft on a tour of major cities. More at The Drive.

+   The National Traffic Safety Board has recommended by a 5-0 vote to make electronic stability control and anti-lock brakes standard on all motorcycles sold in the U.S. More at USA Today. 

+   ChargePoint, operator of one of the world’s largest electric vehicle charging station networks for electric vehicles, is aiming for a fifty-fold increase in charging sites to 2.5 million by 2025. More at Autoblog.

+   With three Mopar muscle cars atop the sales list, Mecum Auctions’ annual Louisville auction posted a 74 percent sell-through rate and more than $8.4 million in total sales. More at Classic Cars.com Journal. 

+   NASCAR Monster Cup veteran Ryan Newman, winner of the 2008 Daytona 500, announced he will not return to his current seat in a Richard Childress Chevrolet in 2019. More at NBC Sports. 

Review the previous Executive Briefing from September 14 here. 

Photo courtesy and copyright RM Sotheby’s.

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