The Maserati Classiche division has introduced a vintage vehicle authenticity program, demonstrating the validation and support service with a 1969 Mistral 3700. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Daimler AG and its Chinese partner BYD have signed an equity transfer agreement to restructure their China EV venture Denza, with Daimler reducing its share to 10 percent. More at Reuters.
+ Concerns over the COVID-19 omicron variant have prompted General Motors to cancel its live activities at the Consumer Electronics Show and opt for virtual participation. More at The Detroit News.
+ Electric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it deliberately misled investors about its prospects. More at CNBC.
+ Speedway Motorsports, which owns multiple racetracks on the NASCAR circuit, including Charlotte and Las Vegas, has completed its purchase of Dover Motorsports. More at Racer.
+ Honda is teasing photographs of 2022 CIvic Type R in camouflage wrap in advance of the first official showing of the turbocharged hatchback at the Tokyo Auto Salon. More at Car and Driver.
+ Volkswagen expects to produce around 43 percent more vehicles at its main plant in Wolfsburg in 2022, works council leader Daniela Cavallo told Wolfsburger Allgemeine Zeitung. More at Investing.com.
+ After a contestant on the television game show Wheel of Fortune lost the prize of a new Audi Q3 due to an apparent technicality, Audi awarded her with the car anyway. More at The Drive.
+ The Maserati Classiche division has introduced a vintage vehicle authenticity program, demonstrating the validation and support service with a 1969 Mistral 3700. More at ClassicCars.com Journal.
+ The Chevrolet Suburban, Chevy Tahoe, and GMC Yukon have received a new 10-speed automatic transmission for 2022 that supports OTA (over-the-air) recalibrations. More at GM Authority.
+ Retired Formula 1 impresario Bernie Ecclestone says he doubts that seven-time world champion Lewis Hamilton will return to the cockpit for the 2022 season. More at Motorsport Week.
Photo courtesy of Maserati.
Review the previous Executive Briefing from December 24 here.