An ex-works 1955 Triumph TR-2 that raced at Le Mans will cross the block at the Silverstone Auctions Classic Motor Show sale on November 9-10. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Automotive manufacturers in the European Union have joined forces to warn British government officials that a no-deal Brexit could cost billions of euros and millions of jobs. More at Reuters.
+ As the United Auto Workers strike at General Motors closed its first week, democratic presidential candidates led by Elizabeth Warren voiced their support for the workers. More at The Detroit News.
+ Volkswagen CEO Herbert Diess welcomed a $60 billion German government climate package that aims to reduce CO2 emissions with greater incentives for electric cars. More at Automotive News Europe.
+ Josef Newgarden won his second championship in three years for Team Penske with a smooth 8th place finish in the IndyCar season finale at Laguna Seca. More at the Los Angeles Times.
+ Toyota’s Lexus brand has unveiled a 65-foot luxury yacht built by Marquis Yachts with a composite hull and twin 1000-hp Volvo Penta turbo-diesels. More at Autoblog.
+ The Petersen Automotive Museum in Los Angeles is honoring the life and legacy of racer and TV personality Jessi Combs with a special exhibit this week. More at Road & Track.
+ Mazda has implemented its NA Roadster Restore Service, which can restore your first-generation Mazda Miata MX-5 to factory new for around $40,000 USD. More at The Drive.
+ American Axle & Manufacturing will sell its Grede Foundries iron castings business to a New York private equity firm for $245 million, $185 million of it in cash. More at Crain’s Detroit Business.
+ An ex-works Le Mans 1955 Triumph TR-2 once owned by King Hussein of Jordan will cross the block at the Silverstone Auctions Classic Motor Show sale on November 9-10. More at Classic Cars.com Journal.
+ The Toyota NASCAR Cup racer of Erik Jones was disqualified from its fourth place finish in post-race inspection at Richmond, spoiling a 1-2-3-4 finish for Joe Gibbs Racing. More at NBC Sports.
Review the previous Executive Briefing from September 20 here.
Photo courtesy of Silverstone Auctions.
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