MCG Executive Briefing for August 28, 2020

One of 17 produced, this 1937 Bugatti 57S Atalante could bring up to $9.25 million at the Gooding & Company Passion of a Lifetime sale. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines: 

 The Mercedes-Benz S-class cars will no longer be available in coupe or cabriolet styles when the next-generation W223 models make their appearance in 2021. More at Car and Driver. 

 Dennis Williams, who is expected to plead guilty, is the second former United Auto Workers president to be charged in the union’s ongoing leadership corruption scandal. More at The Detroit News. 

+   Bentley announced the completion of the first of 15 special Pikes Peak Continental GT by Mulliner cars to celebrate the record run up the Colorado mountain in 2019. More at Classic Cars.com Journal. 

+   The NTT IndyCar Series plans to hold its makeup Honda Indy doubleheader at Mid-Ohio over the weekend of September 11-13, subject to approval by local authorities. More at Racer.

+   Nick Kalayjian, a 10-year veteran at Tesla, has accepted the post of executive vice president of engineering and product at rival electric vehicle manufacturer Rivian. More at CNET Roadshow. 

+   Chinese electric vehicle maker Xpeng Inc’s shares jumped 54 percent in their debut on the New York Stock Exchange, raising $1.5 billion in its upsized initial public offering. More at Reuters. 

  A Ford official confirmed that the automaker is open to the possibility of producing the Baja-ready Bronco R desert racer for private customers if the details can be worked out. More at Autoblog. 

+   A rare supercharger-equipped 1937 Bugatti Type 57 Atalante is expected to bring up to $9.24 million at Gooding & Company’s Passion of a Lifetime sale on September 5. More at Road & Track. 

+   The refreshed 2021 Kia Stinger due later this year will receive a more powerful 2.5-liter turbocharged four rated at 300 horsepower and a number of technology upgrades. More at The Drive.

 Haas Formula 1 boss Gunther Steiner says all options are on the table for his team’s driver plans for 2021, including replacing both Romain Grosjean and Kevin Magnussen. More at Motorsport.com. 

Review the previous Executive Briefing from August 24 here

Photo courtesy of Gooding & Company. 

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