MCG Executive Briefing for June 6, 2022

Shelby American has produced a one-off Cammer Cobra with a polished aluminum body and an original 427 Ford Cammer V8. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines: 

+   Toyota is said to be studying the introduction of a compact pickup with unit construction to compete with the Ford Maverick and Hyundai Santa Cruz in the USA. More at Motor Trend.  

 BMW has unveiled the iX1 crossover, which the German automaker says will be its least expensive electric vehicle, but there are no plans to offer it in the USA or Canada. More at Autoweek. 

 The 2021 Ford Bronco is now the focus of a federal safety investigation after 32 owners reported their experiences with catastrophic engine failures without warning. More at the Detroit Free Press. 

+   Peter Bayer, The FIA’s Formula 1 executive director and secretary general for sport since 2017, has left the motorsport governing body, the organization has announced. More at Racer. 

 Tesla CEO Elon Musk has backtracked on recent comments that Tesla might reduce its workforce by 10 percent, saying that he expects total workforce numbers to increase. More at Reuters.

+   Stellantis announced it will build vehicles based on its new electric STLA Large platform at its Windsor Assembly Plant in Ontario after the plant is retooled starting next year. More at The Detroit News. 

 Ford communications personnnel have clarified CEO Jim Farley’s statements about selling EV models online, stating that the automaker will work within the existing dealer network. More at Car and Driver. 

+   Shelby American has unveiled a one-of-a-kind Cammer Cobra Daytona Coupe with a polished aluminum body and an original 427 Ford Cammer V8 with 650 horsepower. More at The Drive.

 The 1952 “Fabulous Hudson Hornet” racer and the Chrysler Turbine Ghia are the 31st and 32nd automobiles to be inducted into the National Historic Vehicle Register. More at Motor Authority.

 NASCAR Cup 2017 Martin Truex Jr., whose contract with Joe Gibbs Racing concludes at the end of this season, says his plans for next year and beyond are uncertain. More at Jayski. 

Photo courtesy of Shelby American. 

Review the previous Executive Briefing from June 3 here.