The reborn Hispano Suiza brand has unveiled its second model, the Carmen Boulogne electric GT, with 1124 horsepower a price of $1.9 million. Get all the latest auto industry news in the Executive Briefing. 

Today’s Headlines:

+   Fiat Chrysler Automobiles will begin production in early 2021 at the city of Detroit’s first new assembly plant in nearly 30 years, which is expected to create 4,950 jobs. More at The Detroit News. 

+   Around 150 of the 880 Cadillac dealers in the USA have opted to take buyouts from General Motors and close rather than invest in the changeover to electric vehicles. More at The Drive. 

+   Nissan has joined General Motors in withdrawing its support for the Trump administration in its effort to block California from enforcing its own emissions standards. More at Reuters. 

+   Mercedes AMG Formula 1 boss Toto Wolff admitted that team blunders robbed Cinderella substitute driver George Russell of a certain victory in the Sakhir Grand Prix. More at Road & Track. 

+   Due to interruptions in parts supplies related to the COVID-19 outbreak, deliveries of the 2021 Bronco have been delayed from the spring of 2021 until the end of summer. More at Car and Driver. 

+   Volvo Trucks North America has begun commercial sales of its battery-electric VNR  trucks in North America, with production scheduled for February. More at Commercial Carrier Journal. 

+   The reborn Hispano Suiza brand has unveiled its second model, the Carmen Boulogne electric sports car with 1124 horsepower, a carbon body, and a price of $1.9 million. More at Classic Cars.com Journal. 

+   The USA’s 70 year-old emergency flasher regulations could soon be updated to support a new system that flashes at 5 hertz rather than the current 1.5 hertz. More at the Detroit Free Press. 

+   The Subaru Crosstrek hybrid will receive a new grille and foglamps for 2021, along with upgrades to the suspension and steering and a bump in price of around $200. More at Autoblog. 

+   The Small Business Administration disclosed that a half-dozen NASCAR teams received COVID-19 Payroll Protection Program (PPP) loans totalling more than $12 million. More at Jayski. 

Photo courtesy of Hispano Suiza. 

Review the previous Executive Briefing from December 4 here.

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