MCG Executive Briefing for May 12, 2014

Packer Pontiac Swiss CheeseThis rare 1963 Pontiac Swiss Cheese Catalina, one of 14 factory lightweights specially built for drag racing, is expected to bring up to $800,000 at the Mecum Auction Indianapolis sale. Get all the latest car biz news in the Executive Briefing. 

 

 

Links open in new windows

+   BMW and partner SGL Automotive plan to triple the production of carbon fiber parts, investing $200 million in SGL’s  Washington state plant. More at The Detroit Bureau.

+   Ford is recalling more than 692,000 Escape SUVs and C-Max gas-electric hybrids in North America to correct two safety-related defects. More at AOL Autos. 

+   General Motors has reassigned M. Carmen Benavides, a key official overseeing the company’s response to auto safety recalls. More at The Detroit News. 

+   Nissan has launched its first dedicated car for the Indonesian market, the Datsun GO+ Panca MPV. More at Automotive Business Review. 

+  Facing tough competition from the Ram 1500 and Ford F-150, GM will refresh the Chevy Silverado and GMC Sierra pickups for 2015. More at Motor Trend. 

+  Gene Haas denies rumors that he is considering the purchase of Lotus or Caterham and is pressing forward to build an American Formula One team. More at Eurosport.

+   Toyota will increase Camry production at its Georgetown, Kentucky plant by 100,000 units, transferring the work from the Fuji Heavy Industries plant in Indiana. More at the Detroit Free Press. 

+   The Packer Pontiac 1963 Catalina, one of nine surviving remaining factory-experimental Swiss Cheese drag cars, is among the marquee attractions at the Mecum Auctions Indianapolis sale May 13-18, 2014. More at Hemmings Daily.

+   Six former Indy winners will attempt to qualify for the 98th running of the Indianapolis 500, scheduled for May 25, 2014. More at National Speed Sport News. 

For the previous Executive Briefing from May 9, click here.

Have you joined Motor City Garage on Facebook? It’s big fun with rare photos, car lore, trivia, and great discussions! Click here to go the page and join MCG!