MCG Executive Briefing for September 21, 2015

Thunderbird F-code 1957One of only 211 F-code supercharged examples produced by Ford, this 1957 Thunderbird will be among the headline attractions at the Barrett-Jackson Las Vegas auction Sept. 24-26 at Mandalay Bay. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s headlines:

+  Volkswagen has apologized and halted sales of 2015 diesel models in the USA after EPA investigators discovered software in VW vehicles that deliberately evades emissions regulations, a violation that could trigger $18 billion in fines. More at Bloomberg. 

+   United Auto Workers boss Dennis Williams said he is confident members will ratify a tentative four-year contract with Fiat Chrysler Automobiles. More at The Detroit News. 

+   Parts supplier Johnson Controls Inc says it will cut up to 3,000 jobs over the next two years, with the intention of reducing costs by as much as $250 million. More at Reuters.

+   Ferrari will “send a written unconditional apology” to Singapore Grand Prix officials following a fracas during Sebastian Vettel’s victory celebration there. More at Racer. 

+   Aston Martin is set to unveil its DBX Concept at designer Tom Dixon’s Multiplex event hosted in The Old Selfridges Hotel in London. More at Automotive Business Review. 

+   Detroit police have arrested three adults and three juveniles at a west-side home operating as a chop shop that is believed to be behind several auto thefts during the 2015 Woodward Dream Cruise. More at MLive. 

+   Sheikh Khalid bin Hamad Al-Thani, a member of the ruling family of Qatar and a prominent NHRA team sponsor, has allegedly fled the United States to escape prosecution for street racing in Beverly Hills. More at Autoblog.

+   The Barrett-Jackson Las Vegas 2015 auction on September 24-26 at the Mandalay Bay Resort in Las Vegas will feature a full slate of European sports and American muscle cars. More at Sports Car Digest.

+   The FIA World Endurance Championship schedule will be expanded to nine events in 2016 with the addition of a new event in Mexico City. More at Fox Sports. 

Read the previous Executive Briefing from September 18 here. 

Photo courtesy of Barrett-Jackson. 

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2 thoughts on “MCG Executive Briefing for September 21, 2015

  1. About the VW smog test kerfuffel. This has been going on for 6 years now and the EPA just now found out! And the other two questions I have. How many other car companies are doing this? What will this do to all of the people who have HyperTech or Bullydog chips in their cars?

  2. If any other car companies are doing this, I suggest they ‘fess up now. VW is facing criminal charges.
    As for products you can buy that get around EPA regulations, the government typically targets the manufacturer of the product rather than the end user. Unless, I suppose, they are intentionally using such a device during an emissions test.

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