MCG Executive Briefing for December 28, 2020

This 1965 Cobra 427, owned by Carroll Shelby himself for decades, will be among the stars at the Mecum Auctions Kissimmee sale. Get all the latest auto industry news in the Executive Briefing. 

 

Today’s Headlines:

 Robotics company Nuro received the first permit to operate its self-driving vehicles commercially in California, allowing the firm to charge clients for its driverless delivery service. More at Reuters. 

+   Darren Palmer, Ford’s global director for battery-electric vehicles, says the company’s new Mustang Mach-E will change consumer assumptions about EVs. More at Autoblog. 

 Fiat Chrysler’s chief human resources officer, Linda Knoll, will retire upon the completion of the merger with rival Groupe PSA, creating the new firm Stellantis. More at The Detroit News.

 The NTT IndyCar Series is planning on larger race fields for the 2021 season, with 25 full-time entries running the entire calendar and as many as 28 cars at some events. More at Racer. 

 Shares in Nikola took another beating after the electric truck maker and Republic Services announced the cancellation of their deal to jointly develop refuse trucks. More at CNBC. 

+  Retromobile, the huge Paris classic car show, has been postponed from February until June 2-6, while the Greenwich Concours has been pushed back to October. More at Classic Cars.com Journal. 

+   BMW will offer a less expensive version of the 2021 2 series Gran Coupe with front-wheel drive instead of BMW’s xDrive all-wheel-drive and a base price of $36,995. More at CNET Roadshow. 

 A 427 Cobra, owned and driven by Carroll Shelby from new until 2012 and freshly restored, will be among the headliners at the 2021 Mecum Auctions Kissimmee sale. More at Sports Car Digest. 

 Millions of internet viewers were reportedly tricked by a faked image of the rumored Apple electric car, which was actually a doctored photo of a 2013 Mercedes concept. More at The Drive. 

+   After more than a year of speculation, boxing legend Floyd Mayweather is reportedly close to entering the NASCAR Cup Series as a team owner with The Money Team Racing. More at Beyond The Flag. 

Photo courtesy of Mecum Auctions. 

Review the previous Executive Briefing from December 25 here.

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