This beautifully restored 1932 Ford Deluxe Roadster was one of the top 10 sellers at the Auctions America Auburn Spring Sale, hammering down at $86,000. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ At their annual meeting, Ford shareholders have again rejected a proposal to end the two-tier share voting system that allows the Ford family to control the company with a small number of shares. More at The Detroit News.
+ General Motors has confirmed it will invest $1 billion in renovations at the Warren, Michigan Technical Center, adding 2,600 new jobs. More at the Wall Street Journal.
+ Honda has recalled another 5 million vehicles to correct air bag defects, which brings the global total for Takata air bag recalls to 36 million cars and trucks. More at Reuters.
+ In a Strategy Group session, Formula One management has apparently opened the door to allow customer cars in the series for the first time in years. More at Autosport.
+ FCA US (formerly Chrysler) will skip the traditional summer shutdown at four assembly plants and its engine plants due to high product demand. More at the Detroit Free Press.
+ A 2017 Ford GT test mule in plain carbon fiber was spied on the streets of Dearborn, Michigan near the Ford Product Development Center. More with photos at Motor Trend.
+ A U.S. appeals court upheld the dismissal of a lawsuit by the United Auto Workers seeking $450 million from General Motors to cover retiree medical benefits. More at Business Insider.
+ Mitsubishi Engine North America unveiled plans for a new turbocharger manufacturing plant in Franklin, Indiana, south of Indianapolis. More at Automotive Business Review.
+ Top 10 sellers at the Auctions America Auburn Spring event included a 1972 Porsche 911S Targa at $153,000 and a 1987 Buick GNX at $110,000. More at Hemmings Daily.
+ NASCAR issued written warnings to the teams of Dale Earnhardt Jr., Joey Logano, and three others for repeatedly failing pre-race inspections. More at NBC Sports.
Photo by Noggs Photography LLC, courtesy Auctions America
Read the previous Executive Briefing from May 11 here.
I’ve seen the ’32 roadster at St. John’s. It has to be the most perfect one in the world.
That 32 seems to have a lot of negative camber on the right front, especially for a car of that era..
Current zoom lenses make every subject football shaped.