BMW unveiled this rare 1976 530 Motorsport Limited Edition (MLE), now fully restored, at its Rosslyn, South Africa plant. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ General Motors and the United Auto Workers have reached a tentative contract agreement, but workers will remain on the picket lines until the deal is ratified. More at The Detroit News.
+ Working with partners including Greenlots and Electrify America, Ford intends to build the largest electric vehicle charging network in North America, serving all makes. More at CNN.
+ Subaru halted production at its Gumma assembly plant in Japan this week after its suppliers were inundated with record rainfall from a deadly typhoon. More at Automotive News Europe.
+ RIvals to the Ferrari Formula 1 team have appealed to series authorities for clarification of engine regulations where they say Ferrari has found an advantage. More at Motorsport.com.
+ Fiat Chrysler Automobiles is throwing hints that the current Dodge Charger and Challenger platform, which dates back to 1995, will finally get a replacement in 2023. More at The Drive.
+ The Specialty Equipment Market Association (SEMA) has filed suit against the National Highway Traffic Safety Administration (NHTSA) for failing to issue replica car guidelines. More at Hemmings Daily.
+ Renault cut its revenue guidance for 2019 again and lowered its profitability forecast, citing the global slowdown and difficulties in the Turkish and Argentine markets. More at Reuters.
+ Ford announced it will bring more than 50 customized vehicles to the annual SEMA trade show next month, intending to have the largest manufacturer presence in the event. More at Autoblog.
+ Stewart-Haas Racing announced that it has extended its contract with driver Clint Bowyer through the 2020 season, his fourth year with the Ford-powered NASCAR team. More at NBC Sports.
+ BMW has found and restored a 1976 530 Motorsport Limited Edition (MLE), a rare homologation special designed for South Africa’s Modified Production Series. More at Classic Cars.com Journal.
Review the previous Executive Briefing from October 14 here.
Photo courtesy of BMW.
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