MCG Executive Briefing for February 19, 2024

Jaguar will be the featured marque at the Philadelphia Concours d’Elegance in June.  Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

+   The Italian government has no current plans to take an ownership stake in Stellantis, but it could be considered if the automaker requested it, says industry minister Adolfo Urso. More at Reuters. 

+   At a conference in New York, Ford CEO Jim Harley hinted that the company might not locate production in plants represented by the United Auto Workers due to the recent strike. More at The Detroit News.

 Volkswagen annnounced that group deliveries rose 13.3 percent in January over the same month last year to 698,200 vehicles, with sales in China jumping 43 percent. More at World Auto Forum. 

+   Rahal Letterman Lanigan Racing confirmed that two-time Indy 500 winner Takuma Sato, who won the race for the team in 2020, will rejoin for the 2024 Indy 500 in May. More at Racer. 

 Hyundai is recalling 90,000 Genesis-branded cars built between 2015 and 2019 to address a fire risk due to water leaking into an electrical solenoid and causing a short circuit. More at Car and Driver.

 Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors’ Cruise robotaxi division, has resigned, the latest in a series of leadership withdrawals. More at CBT News. 

+   A man in Cochise County, Arizona allegedly hijacked an entire car carrier hauling 10 new Corvettes worth $1.2 million, reportedly because he needed a ride home from  prison. More at The Drive. 

 Jaguar will be the featured marque at the seventh annual Philadelphia Concours d’Elegance, hosted by the Simeone Foundation Automotive Museum on June 22-23. More at Old Cars. 

+   Inductees to the 2024 Automotive Hall of Fame include Ford executive chair Bill Ford, Vic Edelbrock Jr. and Sr., and Alma and Victor Green, authors of The Green Book. More at the Detroit Free Press. 

 Former Formula 1 team owner Eddie Jordan bitterly rebuked series owner Liberty Media and team owners for refusing the entry of Andretti Cadillac, calling it “scandalous.” More at Sports Illustrated. 

+   General Motors has filed a patent application with the United States Patent and Trademark Office (USPTO) for folding vehicle ramps to be stowed in a pickup truck bed. More at Motor Authority. 

Photo by Mac’s Motor City Garage. 

Review the previous MCG Executive Briefing from February 16 here. 

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2 thoughts on “MCG Executive Briefing for February 19, 2024

  1. My dad came home with a 1956 2.4 litre saloon purloined of the back lot at Harry May Chevrolet in Monroe Michigan in the mid 1960s. It changed my perspective on cars for better or worse. It was an absolute beater second car and I loved everything about it. The sound, smell and panache. I didn’t speak to him for a week once he sold it off.

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