MCG Executive Briefing for February 24, 2023

Dodge has given a tuneup to the simulated exhaust system on its Daytona Charger  electric muscle car. Get all the latest auto industry news in the Executive Briefing.

 

Today’s headlines:

 General Motors will pause production at its Fort Wayne, Indiana truck plant for two weeks as inventory starts to overcome demand for the Chevy Silverado and GMC Sierra pickups. More at Reuters. 

 Lucid Motors missed Wall Street estimates for fourth-quarter and full-year 2022 revenue, as well as 2023 production goals, sending the EV maker’s share price downward. More at TechCrunch. 

+   Stellantic CEO Carlos Stavares predicts that “fundamental  fundamental sales and marketing tactics,” including discounts, will return to the new vehicle market in 2023. More at The Drive. 

+   Andrew Shovlin, Mercedes Formula 1 trackside engineering director, is confident that the team has conquered the porposing problem that plagued its race cars last season. More at Motorsport Week. 

 Toyota announced it will accept a union demand for the biggest base salary increase in 20 years and a rise in bonuses as Japan steps up calls for businesses to increase pay. More at World Auto Forum. 

 Chinese carmaker Zhejiang Geely Holding Group unveiled a premium electric vehicle brand named Galaxy that will roll out seven new models in the next two years. More at The Detroit News. 

+   Tesla announced a new global engineering headquarters in Silicon Valley, California, where it will take over office space in Palo Alto formerly occupied by Hewlett Packard. More at The Verge. 

 Dodge has revamped the sound of its simulated exhaust system, which it calls Fratzonic Chambered Exhaust, on the Charger Daytona electric muscle car due in 2024. More at Road & Track.

+   General Motors has filed a patent application with the U.S. Patent and Trademark Office for a self-cleaning touchscreen display with a photocatalytic coating to remove residue. More at Car and Driver. 

+   NASCAR Hall of Famer Tony Stewart will race in all but two events on the NHRA Top Alchohol Dragster calendar in 2023 driving for the McPhillips Racing family operation. More at Racer. 

Photo courtesy of Dodge. 

Review the previous MCG Executive Briefing from February 20 here. 

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One thought on “MCG Executive Briefing for February 24, 2023

  1. I think Dodge’s new Fratzonic Phoney Exhaust sound system should be owner programmable.
    They should be able to load in the sound of a 426 Hemi if they like, or the sound of a Pinto 4 cylinder, or a Choo-Choo train or maybe the sound of a Whoopee cushion.

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