Hammering down for $3.67 million, the spectacular 1972 Maserati Boomerang concept was the top seller at the Bonhams Chantilly Concours auction in Chantilly, France. Get all the latest auto industry news in the Executive Briefing.
+ Fiat Chrysler Automobiles boss Sergio Marchionne reaffirmed that a merger with General Motors is a “high priority” for his company and also the best strategic option for GM. More at Reuters.
+ Ford employees represented by the United Auto Workers have passed a strike authorization vote by 98 percent, following a similar procedural measure by FCA workers last week. More at The Detroit News.
+ Nissan will invest $182 million in its Sunderland, England plant where the next Juke crossover will be produced, adding 6,700 jobs. More at Automotive Business Review.
+ Veteran Trans-Am driver and 2009 champion Tomy Drissi has been banned from competition for one year following a series of on-track incidents at Mid-Ohio. More at Motorsport.com.
+ Two divisions of embattled Japanese airbag maker Takata are settling a six-year patent dispute with International Electronics & Engineering SA and its Detroit area subsidiary for $1.1 million. More at Crain’s Detroit Business.
+ Mercedes-Benz says its new Tesla-fighting electric vehicle will have a range of 311 miles and a modular platform adaptable to a range of vehicle types. More at Autoblog.
+ Toyota is investing $50 million in joint research with two top American universities, Stanford and MIT, on artificial intelligence and robots. More at the Detroit Free Press.
+ Ousted Volkswagen chairman Ferdinand Piech blocked Chief Executive Martin Winterkorn from his goal of becoming chairman, two German publications reported. More at Reuters.
+ Six spectators were killed, including two pregnant women, and 16 were injured when a car plunged into the crowd at the Rally de A Coruña in Northwest Spain. More at CNN.
+ The inaugural Bonhams Chantilly Concours 2015 auction on the grounds of Château de Chantilly in France generated 28 vehicle sales for a total of $8.36 million. More at Sports Car Digest.
Read the previous Executive Briefing from September 4 here.
Photo courtesy of Bonhams.