Miata fans are calling it love at first sight. In Monterey, Mazda unveiled the all-new 2016 version of the classic two-seat roadster. Get all the latest car biz news in the Executive Briefing.
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+ Officials at Tesla Motors have confirmed that Reno, Nevada will be the site of the company’s new $5 billion battery gigafactory. More at The Detroit Bureau.
+ Nearly 1.59 million vehicles were sold in the U.S. in August, the industry’s best performance since 2003 and a 5.5 percent improvement over the same month in 2014. More at The Detroit News.
+ Southfield, Michigan-based manufacturer Federal-Mogul will split into two units, one to supply the automakers and the other to serve the replacement parts market. More at the Detroit Free Press.
+ Ferrari has sealed a multi-year deal to supply engines for the American Formula One team of Gene Haas when it joins the field in 2016. More at Racer.
+ Aston Martin dealers in the U.S. will not be permitted to sell DB9 and Vantage models built after August 31, 2014 due to a loss of exemption to safety regulations. More at Automotive Business Review.
+ The mansion of Alfred J. Fisher (of the body-making Fisher brothers), built in the Detroit neighborhood of Palmer Woods in 1926, has sold for $1.6 million. More at Curbed
+ In Monterey, California, Mazda unveiled the new fourth-generation (ND) 2016 Miata MX-5 two-seater that is expected to hit the showrooms in 2015. More at Autoblog.
+ NASCAR team owner Michael Waltrip will join the 2015 cast of Dancing With the Stars starting with the season opener on September 15. More at Sporting News.
For the previous Executive Briefing from September 1, click here.