This 1949 Ferrari 166S Inter, the ninth road Ferrari built, sold for $922,572 at the Bonhams Goodwood Revival auction. Get all the latest auto industry news in the Executive Briefing. -Bonhams photo
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+ Tesla Motors CEO Elon Musk predicts that the company will have fully autonomous vehicles on the market in five to six years. More at Automotive Business Review.
+ The Consumer Financial Protection Bureau has proposed federal oversight for 38 large non-bank automotive finance companies. More at The Detroit News.
+ Russian steelmaker OAO Severstal has completed the $700 million sale of its Dearborn River Rouge operations to AK Steel Corp. More at Crain’s Detroit Business.
+ The IndyCar series will return to Brazil next year with a race at the Autódromo Internacional Nelson Piquet in the capital city of Brisilia. More at Racer.
+ Chinese parts suppler Wanxiang Group is rushing to reintroduce the Fisker Karma hybrid luxury car using the previous 2012 vehicle design. More at Reuters.
+ Lotus plans to cut 350 jobs, around a third of the automaker’s global workforce, as part of a proposed restructuring plan. More at Motor Trend.
+ The Bonhams Goodwood Revival 2014 auction featured 172 lots, including 106 motor cars, generating total sales of $25.33 million. More at Sports Car Digest.
+ Joe Gibbs Racing will shuffle its crew chief lineup for 2015 when it adds a fourth NASCAR Sprint Cup team for driver Carl Edwards. More at Sporting News.
For the previous Executive Briefing from September 15, click here.
Thankfully Ferrari kept trying until they came up with something that looked better than a Humber Hawk.
they may be homely but these early Ferraris have a ton of personality.