This 1965 Brawner Hawk-Ford once raced by Mario Andretti sold for a record $2.2 million at the Mecum Indy sale. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ Nearly a quarter of the shoppers (24 percent) surveyed in a recent J.D. Power study say they are “very likely” to consider an electric vehicle for their next purchase or lease. More at The Drive.
+ Ford CEO Jim Farley announced via Twitter that the Bronco Raptor’s twin-turbo V-6 will be rated at 418 horsepower, an increase from the previously announced 400-hp target. More at Car and Driver.
+ The former FCA unit of Stellantis in the USA has agreed to plead guilty to criminal conduct and pay roughly $300 million in penalties to resolve a multi-year emissions fraud probe. More at Reuters.
+ Retired Formula 1 driver and 2007 world champion Kimi Raikkonen of Finland will make his NASCAR Cup debut at Watkins Glen driving a Chevrolet for Trackhouse Racing. More at Jayski.
+ In a CNBC Europe interview, Volkswagen chief executive Herbert Diess says his company can catch and overtake industry leader Tesla in electric vehicle sales in 2025. More at CNBC.
+ Information dribbling from General Motors engineering, including an advance copy of the owner’s manual, indicate that the 2023 Corvette Z06 will be capable of 200 mph. More at Autoblog.
+ Deliveries of the Ford F-150 Lightning, the Dearborn automaker’s first electric pickup, are now under way, with the company planning to produce 150,000 units this year. More at The Drive.
+ According to sources at South Korea’s Hyundai Motor Group, the Hyundai Sonata, Kia K5 sedan, and rear-wheel drive Kia Stinger are scheduled to be discontinued. More at Motor Trend.
+ The ex-Mario Andretti 1965 Brawner Hawk Indy car from the collection of NASCAR Hall of Fame crew chief Ray Evernham sold for a record $2.2 million at the Mecum Indy auction. More at VIntage Motorsport.
+ Shell will replace Speedway as the official fuel supplier of the NTT IndyCar Series in 2023, while Pennzoil, also a longtime Penske partner, will also become the official oil. More at Racer.
Photo copyright and courtesy of Mecum Auctions.
Review the previous Executive Briefing from May 23 here.