MCG Executive Briefing for December 21, 2020

This 1971 Lamboghini Miura is expected to fetch up to $3.06 million at the RM Sotheby’s 2021 Paris auction. Get all the latest auto industry news in the Executive Briefing. 

 

Today’s Headlines:

 New car sales volume in the United States for 2020 is expected to be the lowest since 2011, with analysts at Edmunds projecting a total of 14.4 million vehicles. More at The Drive. 

 Mike Manley, CEO of Fiat Chrysler Automobiles, will head up operations in the Americas when the merger with French automaker Groupe PSA is complete. More at The Detroit News. 

+   Signaling a potential major breakthrough, Toyota plans to unveil a prototype solid-state battery vehicle in 2021 and hopes to introduce a production version in the early 2020s. More at Autoblog.

The Red Bull Formula 1 team has officially signed Racing Point driver Sergio Perez to replace Alex Albon for the 2021 season, demoting Albon to the reserve driver position. More at Racer. 

 General Motors and Ford will not require employees to receive Covid-19 vaccinations despite a government ruling that employers can order workers to do so. More at CNBC. 

+   President-elect Joe Biden’s selection of former South Bend mayor Pete Buttigieg as Transportation secretary is seen as a boost for self-driving and electric vehicle development. More at Car and Driver. 

 Consignments at the RM Sotheby’s 2021 Paris auction in February will include the one-of-one Isdera Commendatore and a stable of vintage Lamborghinis from a private collection. More at Sports Car Digest. 

 A German court has ruled that Tesla can partially proceed with clearing a forest to make the way for its new plant near Berlin, denying some environmentalal objections. More at Reuters.

 Carroll Shelby’s personal 1965 Shelby 427 Cobra roadster will be among the headliners at the Mecum Auctions Kissimmee sale on January 7-16, 2021. More at Automobile. 

 Second-generation IndyCar driver Conor Daly has inked a deal to return to Ed Carpenter Racing for the 2021 season for the road course events and the Indy 500. More at Indy Star. 

Photo by Remi Dargegen courtesy and copyright of RM Sotheby’s. 

Review the previous Executive Briefing from December 18 here.

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