MCG Executive Briefing for April 11, 2014

1959 Chevrolet Suburban NAPCOThis very rare 1959 Chevy Suburban NAPCO 4×4 is one of the feature attractions at this weekend’s Mecum Houston auction. Get all the latest car biz news in the Executive Briefing. 

 

 

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+   The United Auto Workers union has asked Sen. Bob Corker (R-Tenn.) to testify at an NLRB hearing regarding the recent VW election. More at The Detroit News.

+   Dodge will unveil its restyled 2015 Charger and Challenger models at the New York Auto Show next week. More at Car and Driver. 

+   American MotoGP rider and two-time World SuperBike champ Colin Edwards says he will retire at the end of the 2014 season. More at Cycle News.

+   General Motors has placed two engineers on paid leave as part of an internal investigation of its troubled ignition switch recall. More at the Detroit Free Press.

+   Toyota will recall nearly 6.4 million vehicles to correct steering and other defects in 27 Toyota models. More at the Chicago Tribune.

+   Visteon has secured $800 million in new financing, including a $600 million seven-year loan and $200 million in revolving credit. More at Crain’s Detroit Business.

+   Chevrolet is reportedly working on a second model of the Volt extended-range electric car with greater range and a lower price. More at Motor Trend.

+   Australian V8 Supercars driver Russell Ingall was fined $15,000 for calling series officials “dopey idiots” following the Winton event. More at the Sydney Morning Herald.

+   Two rare Chevy NAPCO 4×4 trucks will cross the block at the giant Mecum Houston collector car auction this weekend. More at Autoweek

For the previous Executive Briefing from April 7, click here.

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2 thoughts on “MCG Executive Briefing for April 11, 2014

  1. I think the NAPCO Chevrolet trucks are very nice looking trucks, however, the mfr.’s claim of “smooth riding, high speed, over the road trucks” is a bit misleading. We take for granted the 4 wheel drives of today, but the NAPCO (and Ford’s Marmon-Harrington) conversions were in fact, rough riding, hard steering, slow, wandering all over the road beasts. We’ve come a long way in 4X4 development, but these trucks were best in a field or dirt road, at 15 mph.

    • I agree. I never rode in a NAPCO but the old Jeep pickups of the same time were unusable on the highway and best crawling acoss a field.

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