Ford rolled out its revamped Super Duty trucks with fresh styling inside and out and a new 6.8-liter gasoline V8. Get all the latest industry news in the Executive Briefing.
Today’s headlines:
+ Ford will invest $700 million in its Louisville, Kentucky truck plant where Super Duty trucks and large SUVs are built, creating around 500 new jobs over the next four years. More at the Detroit Free Press.
+ Toyota president Akio Toyoda said California’s new zero-emission requirements that seek to end the sales of new gasoline-only vehicles by 2035 will be “difficult” to meet. More at Reuters.
+ Porsche AG successfully launched its first public share offering on the Frankfurt exchange, raising $72.78 billion in the largest new stock offering in Germany in 25 years. More at World Auto Forum.
+ Hendrick Motorsports driver Alex Bowman will sit out this week’s NASCAR Cup race at Talladega due to concussion-like symptoms, while Noah Gragson takes the seat temporarily. More at NBC Sports.
+ General Motors is relocating its Heritage Center from Sterling Heights, Michigan to the company’s former Customer Care and Aftersales headquarters in Grand Blanc near Flint. More at MLive.
+ Responding to “overwhelming demand,” the Environmental Protection Agency is nearly doubling to $965 million the money available to states to buy electric school buses. More at The Detroit News.
+ Ford unveiled its latest Super Duty lineup of F-250 and F-350 trucks with restyled exteriors, upgraded cabin appointments, and a newly available 6.8-liter gasoline V8. More at Car and Driver.
+ Volvo’s Polestar premium electric vehicle brand is teasing out more information on the Polestar 3 electric crossover in advance of its formal introduction on October 12. More at The Drive.
+ Troubled Ohio EV maker Lordstown Motors reports it has completed two trucks for commercial customers and hopes to deliver around 50 vehicles by the end of the year. More at CNBC.
+ A.J. Foyt Racing has signed Danish-American Indy Lights driver Benjamin Pedersen to replace Kyle Kirkwood in one of the team’s Chevy-powered IndyCars in a multi-year deal. More at IndyStar.
Photo courtesy of Ford.
Review the previous MCG Executive Briefing from September 26 here.
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