Rolls-Royce and Hermès joined forces to create the one-of-one Phantom Oribe for a Japanese customer. Get all the latest auto industry news in the Executive Briefing.

Today’s Headlines:

+   Federal prosecutors have charged a Fiat Chrysler salesman in Southeast Michigan with helping to orchestrate a wire fraud conspiracy that cost the automaker $8.7 million. More at The Detroit News. 

+   Ford’s new electric version of the F-150 pickup will be called the Lightning, a name first used by the automaker on its gasoline-powered V8 performance trucks in the ’90s. More at Car and Driver.  

+   Hyundai’s premium Genesis brand has announced the pricing for the 2022 Genesis G70,with stickers ranging from $38,750 to $55,545 for the BMW 3-Series challenger. More at Autoblog. 

+   Red Bull advisor Helmut Marko said “something has to change” with Formula 1’s track limits rule after Max Verstappen was denied a fastest lap award in the Portuguese Grand Prix. More at Motorsport.com. 

+   Tesla CEO Elon Musk has added six more months to the start of production at its delayed factory near Berlin, its first gigafactory in Europe, Automobilwoche reported. More at Reuters. 

+   General Motors chairwoman and CEO Mary Barra took home more than $23 million in total compensation for 2020, $2 million more than in 2019, the company reported. More at the Detroit Free Press.

+   The one-of-its-kind Rolls-Royce Phantom Oribe, created in partnership with Hermès, uses details inspired by the owner’s collection of ancient Japanese ceramics. More at Classic Cars.com Journal. 

+   Monterey Car Week, cancelled last year due to COVID-19, appears to be back on for 2021 with one event, the The Quail, A Motorsports Gathering, set for August 13. More at The Drive. 

+   Williams Advanced Engineering and Italdesign are collaborating on a modular electric platform suitable for a wide variety of high-end vehicles, the companies reported. More at Autoweek.  

+   Atlanta Motor Speedway is opening its grandstands to full spectator capacity for its  July 10-11 NASCAR weekend, which will feature both Cup and Xfinity series events. More at Jayski. 

Image courtesy of Rolls-Royce. 

Review the previous Executive Briefing from April 30 here.

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