This 1937 Talbot Lago T150C SS will be among the star attractions at the Concours of Elegance in August. Get all the latest auto industry news in the Executive Briefing.

Today’s headlines: 

+   Volkswagen Group of America’s finance unit will pay $48.75 million to resolve a government lawsuit that accused the automaker and its former CEO of defrauding investors. More at Reuters. 

+   According to data from Cox Automotive, dealer new car inventories shrank in February as prices fell and sales rose to a seasonally adjusted annual rate (SAAR) of 15.8 million. More at CBT News.

+   A Lincoln, Nebraska woman has been charged with theft for allegedly exploiting a vulnerabiltiy in gasoline pump software that enabled her to obtain $27,000 in free fuel. More at The Drive. 

+   McLaren Formula 1 driver Lando Norris says the next-generation car regulations due in 2026 must address the driver comfort issues caused by extremely stiff chassis setups. More at Motorsport.com. 

+   Nissan and Honda have issued joint statements announcing that they will form a non-binding, strategic partnership focused on producing key components for electric vehicles. More at Autoweek. 

+   Presidential candidate Donald Trump declared that if elected, he will impose a 100 percent tariff on Chinese cars built in Mexico, after earlier threatening a 50 percent tariff. More at The Detroit News. 

+   A pair of recent General Motors filings to the U.S. Patent and Trademark Office (USPTO) indicate that the automaker is working on an expandable cargo bed for pickups. More at Motor Authority. 

+   A rare 1937 Talbot Lago T150C SS with bodywork by Figoni et Falaschi will be among the star attractions at the 2024 Concours of Elegance at Hampton Court Palace. More at Classic & Sports Car. 

+   In a test of semi-autonomous driving assistance systems, the Insurance Institute for Highway Safety (IIHS) reported that most do not provide adequate safeguards against misuse. More at Autoblog. 

+   Veteran Japanese driver Kamui Kobayashi, who will compete in his second NASCAR Cup event next weekend, says the series would be enthusiastically welcomed in Japan. More at Racer.  

Photo courtesy of Concours of Elegance. 

Review the previous MCG Executive Briefing from March 15 here. 

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