MCG Executive Briefing for October 12, 2020

British electric vehicle specialist RBW has unveiled a battery-powered recreation of the classic MGB with 160 miles range and a price of $116,000. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines:

 Volvo CEO Håkan Samuelsson says the next-generation XC90 could be the Chinese-owned carmaker’s final model powered by an internal combustion engine. More at Car and Driver. 

+   Volkswagen’s Audi unit expects lower sales volume in 2020 despite strong numbers in the months of July, August and September, says division chief Markus Duesmann. More at Reuters. 

 Michigan drivers and Detroit drivers in particular rank among the safest in the United States, according to Adam Johnson, senior research analyst for Quotewizard.com. More at the Detroit Free Press. 

 Six-time Formula 1 champion Lewis Hamilton scored his 91st career victory in the Eifle Grand Prix, matching the career win record of Michael Schumacher. More at Grand Prix 247.

 Owners of 2015-19 Corvette Z06 and Grand Sport models have filed a class action suit against General Motors, alleging that the wheels are defective and prone to failure. More at USA Today. 

+   A Tesla Model 3 owner is battling with the electric vehicle maker for a refund over a $4,280 software upgrade that he says was butt-dialed though his cell phone’s Tesla app. More at CNBC.

 British electric vehicle specialist RBW unveiled a battery-powered recreation of the classic MGB with a Continental drivetrain, 160 miles range, and a price of $116,000. More at The Drive. 

 Noted photojournalist John Lamm, who helped to define the voice and style of Road & Track in his nearly 40 years with the magazine, has passed away at 76. More at Road & Track. 

+   Hyundai, South Korea’s biggest automaker, is stepping up its development of flying cars, planning a full line of aerial vehicles that it intends to have in production by 2028. More at The Detroit News. 

+   Rahal Letterman Lanigan Racing will build a new $20 million shop facility in Zionsville, Indiana, consolidating its IndyCar and IMSA programs under one roof. More at Racer. 

Review the previous Executive Briefing from October 9 here.

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