MCG Executive Briefing for April 3, 2023

The current-generation Volkswagen Golf will be the last with internal-combustion power, the company says. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

+   Tesla delivered a record 422,875 vehicles in the first quarter, posting an increase of 36 percent over the previous year but falling short of its 50 percent annual objective.  More at Reuters. 

 Ford has again raised prices on the F-150 Lightning electric pickup, with the entry-level  Pro model now listed at $61,869, a full $20,000 more than its introduction price. More at Car and Driver. 

 General Motors confirmed plans to phase out Apple Play and Android Auto in its EVs as it develops its own entertainment and navigation applications in partnership with Google. More at Autoblog. 

+   Haas team principal Guenther Steiner hinted he’d be willing to talk to Daniel Ricciardo about a position after the Australian driver suggested a return to Formula 1 in 2024. More at Racer. 

+   The U.S. Environmental Protection Agency has approved a move by the state of California to require truck makers to sell an increasing number of zero-emission vehicles. More at The Detroit News. 

+   Toyota and Russian officials reported that the Japanese carmaker’s plant in St. Petersburg has been handed over to state entity NAMI as Toyota vacates the Russian market. More at World Auto Forum.

+   Jim Farley received total compensation of nearly $21 million in salary, stock awards, and incentives as Ford CEO in 2022, while the median pay for all other employees was $74,691. More at the Detroit Free Press. 

 Volkswagen CEO Thomas Schaefer says the current-generation Golf will be the last with internal-combustion power as development is halted, but EV versions may be in the future. More at The Drive.

 A prop car from the 1994 NBC television series Viper, based on a stretched Dodge Viper chassis with custom bodywork, is offered for sale on the online auction site Bring  a Trailer. More at Motor Authority. 

+   Veteran NASCAR Cup driver Kyle Busch suggested the Brickyard 400 should be run on the Indianapolis Motor Speedway’s 2.5-mile oval rather than the road course or be discontinued. More at IndyStar. 

Photo courtesy of Volkswagen. 

Review the previous MCG Executive Briefing from March 31 here. 

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One thought on “MCG Executive Briefing for April 3, 2023

  1. I’m sure GM’s move will be popular, forcing owners to give up Apply and Android to use their app. Seems short sighted.

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