This 1967 Jaguar E-Type will be among the offerings at the H&H Classics Kelham Hall sale. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group’s almost nine-decade history. More at BBC News.
+ A broad test of electric vehicle batteries at up to 150,000 kilometers of use found that Mercedes-Benz, Hyundai, and BMW batteries degrade less over time than Tesla’s. More at Autoblog.
+ The California classic car emissions exemption bill, popularly known as “Leno’s Law” after car enthusiast and backer Jay Leno, has passed the California Senate in a 49-4 vote. More at Car and Driver.
+ IndyCar veteran Conor Daly has signed a multi-year agreement to drive for Dreyer & Reinbold Racing of Indianapolis, which recently expanded to a full-season operation. More at WISH-TV.
+ Rep. Diana Harshbarger (R-Tenn.) and Rep. Debbie Dingell (D-Mich.) introduced legislation requiring automakers with ties to China to undergo formal federal accounting. More at CBT News.
+ General Motors has confirmed a 2028 launch for eyes-off automated driving beginning with the Cadillac Escalade IQ, based on its multi-million-mile Super Cruise experience base. More at Automotive World.
+ Tesla announced it is offering rides in “limited areas of Austin, Texas” in its two-seater Cybercab, a vehicle without a steering wheel or pedals, drawing the scrutiny of safety officials. More at AOL News.
+ Personnel at Ford’s Heritage Fleet have revived a one-of-a-kind experimental Mustang built in 2002 to test the viability of the 6.8-liter V10 in the SN95 Mustang platform. More at Motor Illustrated.
+ Distinguished British sports cars from Aston Martin, Bentley, Jaguar, and others will be the featured attractions at the H&H Classic Kelham Hall Auction on September 22-23. More at Old Cars.
+ A suspect has been arrested in the burglary of the North Carolina home of NASCAR legend Dave Marcis, in which firearms, watches, and racing memorabilia were stolen. More at Motorsport.com.
Photo courtesy of H&H Classic.
Review the previous MCG Executive Briefing from September 4 here.
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No more than ten years ago, Volkswagen was the world’s #1 auto manufacturer. Now they are under siege by Chinese competition. Don’t let this happen in the USA.
Your local Cars & Coffee is very happy that the V10 Mustang did not become the fastest road car of the time. They have enough problems with Mustang drivers crashing out when leaving the premises.