The 2024 Dodge Charger was formally unveiled in two-door, four-door, gasoline, and EV versions. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ EV maker Rivian unveiled its second, smaller model line with a compact luxury SUV called the R2 with RWD and 4WD versions, a base price of around $45,000, and a due date in 2026. More at Car and Driver.
+ The Department of Homeland Security intervened when an outlaw street takeover following the Lone Star Throwdown truck show in Texas erupted into chaos and violence. More at The Drive.
+ Three Senate Democrats from auto manufacturing states have urged the Biden administration to increase the import tariffs on electric vehicles originating from China. More at Reuters.
+ NASCAR officials have held discussions with the Los Angeles Dodgers about staging a NASCAR race at the historic Dodger Stadium in the coming years. More at Sports Business Journal.
+ Stellantis announced a plan to spend $6.1 billion in South America from 2025 to 2030 as it looks to launch dozens of new products and invest in bio-hybrid ethanol technology. More at The Detroit News.
+ Spy photographers have captured images of the 2025 GMC Terrain SUV in camouflage that show revised exterior styling and an extensively redesigned interior. More at Autoblog.
+ The Japan Fair Trade Commission charged that Nissan violated the nation’s subcontractor act by underpaying dozens of suppliers by about $20.26 million in total. More at World Auto Forum.
+ As anticipated, Stellantis unveiled the 2024 Dodge Charger in both gasoline and battery-electric versions with up to 670 hp and in both two-door and four-door body styles. More at CNN Business.
+ Broad Arrow Auctions’ Amelia Island sale exceeded the auction house’s expectations, with total sales surpassing $63 million and a sell-through rate of 92 percent. More at Old Cars.
+ Dale Coyne Racing finally announced its 2024 IndyCar driver lineup with Colin Braun, Jack Harvey and Nolan Siegel confirmed and Steve Newey joining as race engineer. More at Motorsport.com.
Photo courtesy of Stellantis.
Review the previous MCG Executive Briefing from March 4 here.
Join Mac’s Motor City Garage on Facebook and X (Twitter) to receive notices when every new story is published.
The R2 is a critical product for Rivian. I hope they pull it off.
Ho humm. Another EV that won’t sell enough to make up for its development costs. And even with 550 hp, who wants a six cylinder performance car? I mean, this ain’t a Ferrari who people might expect to have a performance 6. To throw away a 20 year proven formula for this silliness is insane. Sure, they’ll sell some, but nowhere the same numbers as the previous models. Watch the previous models continue to hold and go up in value while these things sit on dealers lots rusting away because they can’t give them away.
It’s all part of the ICE end game. Inline sixes can be produced on the same tools as inline fours, and with one or two turbos can make pretty much any power required.