This 1968 Ferrari 330 GTC was among the top 10 sellers at the RM Sotheby’s Open Road online auction, bringing $454,349. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Ford confirmed that it has delayed some 4500 deliveries of the new Mustang Mach-E electric crossover and will compensate buyers with cash and free charging time. More at The Detroit News.
+ In Mexico, automobile production plummeted by nearly 29 percent in February to 238,869 vehicles, due in large part to bad weather and the microchip shortage. More at Reuters.
+ Volkswagen says it expects 70 percent of its VW-brand sales in Europe and half of its sales in the USA will be all-electric vehicles by 2030, doubling a previous forecast. More at CNBC.
+ City officials in St. Petersburg, Florida have conditionally approved the admission of 20,000 spectators per day at the NTT IndyCar Series event on April 23-25. More at Racer.
+ Silicon Valley electric-car startup Ample is developing a network of quick-change facilities that can exchange a vehicle’s modular battery packs in 10 minutes. More at Car and Driver.
+ A extra-long, three-row Land Rover Defender 130 is due to arrive in 2022, riding on the same 119-inch wheelbase as the Defender 110 but with 14 inches more overall length. More at Autoblog.
+ The RM Sotheby’s online-only Open Roads February auction, conducted in three countries, generated more than $11 million in sales and a 76 percent sell-through rate. More at Classic Cars.com Journal.
+ At its Hermosillo, Mexico plant, Ford has quietly launched pilot production of a compact pickup truck with unit construction that will reportedly be named Maverick. More at The Drive.
+ The city government in Petaluma, California, around 40 miles north of San Francisco, has enacted a measure that bans the construction of new gasoline stations. More at Motor Trend.
+ Nashville Mayor John Cooper has signed a letter of intent to renovate the historic Nashville Fairgrounds Speedway in preparation for a potential future NASCAR date. More at Jayski.
Photo courtesy and copyright of RM Sotheby’s.
Review the previous Executive Briefing from March 5 here.
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