MCG Executive Briefing for September 30, 2024

Navistar is dropping its name and returning to its roots with the International brand. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

 The United Auto Workers union is asking the workers at Stellantis to authorize a strike at U.S. plants, accusing the French-Italian car maker of breaking its contract promises. More at Reuters. 

 California Governor Gavin Newsom has vetoed a bill that would have required new cars sold in the state to sound a warning to drivers if they exceed the posted speed limits. More at The Detroit News. 

 McLaren Automotive has confirmed that the successor to the P1 hypercar will be named the W1 in honor of the make’s world racing titles, and it will debut on October 6. More at Autoweek. 

 Andretti Global announced that Michael Andretti will step away from his ownership role in the racing team to make room for new leadership, but will remain in an advisory role. More at Road & Track. 

 Bruno Sacco, who joined Mercedes-Benz in 1958 and served as head of styling and head of design from 1974 to 1999, passed away on September 19 at the age of 90. More at Car and Driver. 

  Vehicle sales in the U.S. for the third quarter are expected to be lower than the year before, with Stellantis and General Motors suffering the greatest shortfalls, analysts say. More at the Detroit Free Press. 

 Chinese automaker BYD is seeking an extension of tariff relief from the government of Mexico for electric vehicle imports, a company executive told Reforma of Mexico City. More at World Auto Forum. 

+   Truck maker Navistar, which was founded in 1902 as Interntational Harvester, is dropping its current brand identity and returning to its roots as International Motors, LLC. More at The Drive. 

+   Volkswagen dealers in the USA are unhappy with the automaker over the high price of the ID. Buzz electric van and a dealer allotment policy based on sales of the ID.4 EV. More at CBT News. 

+   The IndyCar series will return to Texas in 2026 with a street race outside Dallas on a temporary road course set up around AT&T Stadium in Arlington, home of the Dallas Cowboys. More at Racer. 

Photo courtesy of International Motors. 

Review the previous MCG Executive Briefing from September 27 here. 

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3 thoughts on “MCG Executive Briefing for September 30, 2024

  1. > founded in 1902 as International Harvester
    My initial reaction was that they planned to join the electric SUV field and wanted to trade on the old history. But they just sold the Scout name to Volkswagen. Of all people.

    • Actually, Navistar was purchased by Volkswagen’s Traton heavy-truck subsidiary back in 2021. VW gained the right to use the Scout name through that acquisition.

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