The Ford Escape PHEV is the most fuel-efficient SUV in the USA, according to the EPA. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Stellantis CEO Carlos Tavares is expecting a period of auto manufacturing consolidation, predicting the rush to offer more affordable electric vehicles will end in a “bloodbath.” More at The Detroit News.
+ Several media outlets are reporting that the production version of the Charger Daytona SRT, teased by Dodge earlier this year, will be formally unveiled on March 5. More at Car and Driver.
+ The National Highway Traffic Safety Administration (NHTSA) is extending its investigation of 2023 Tesla Model 3 and Y vehicles that may suffer loss of power steering assist. More at Reuters.
+ Michael Andretti has struck back to challenge statements from Formula 1 officials following the rejection of the Andretti Cadillac team’s application to enter the series in 2026. More at Racer.
+ General Motors has filed a patent application for active aerodynamic devices coupled to an active differential, features that could appear on future Corvette variants. More at Motor Authority.
+ Revenue at Ferrari ncreased 17 percent to $6.46 billion in 2023, while the luxury car maker’s net profit rose to $1.36 billion, exceeding the projections of Wall Street analysts. More at CNBC.
+ Top sales at this year’s Bonham|Cars Grandes Marques du Monde à Paris auction included a 2004 Ferrari Enzo at $4.2 million and a 1969 Lamborghini Miura at $1.02 million. More at Old Cars.
+ California-based gasoline shipping company Lamb Fuels, Inc. is charged with selling fuel salvaged from wrecked automobiles and illegally handling hazardous materials. More at The Drive.
+ According to the EPA, the most fuel-efficient SUVs now sold in the USA include the Ford Escape PHEV, Toyota RAV4 Prime, and Lexus NX 450H Plus, all plug-in hybrids. More at Autoblog.
+ Facing the likelihood of bad weather on Sunday, NASCAR officials moved up the Busch Light Clash at the LA Coliseum to Saturday might, where polesitter Denny Hamlin won. More at SI.com.
Photo courtesy of Barrett-Jackson.
Review the previous MCG Executive Briefing from February 2 here.
Join Mac’s Motor City Garage on Facebook and X (Twitter) to receive notices when every new story is published.