One of only 57 produced, this 1966 Ford Fairlane R-Code, complete with 427 CID side-oiler V8, sold for a record $275,000 at the Barrett-Jackson Las Vegas 2015 auction. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ United Auto Workers leaders are meeting in Warren, Michigan to map out their next moves after the membership voted down a four-year contract proposal from Fiat Chrysler Automobiles. More at The Detroit News.
+ Michael Horn, Volkswagen’s top U.S. executive, will appear before an investigations panel of the House Energy and Commerce Committee next week to testify on the company’s diesel scandal. More at Reuters.
+ A new study from the American Journal of Epidemiology found that poor and uneducated people die in auto accidents at far greater rates. More at Autoblog.
+ Bruce Wennerstrom, Greenwich Concours d’Elegance co-founder and director of the Madison Avenue Sports Car Driving and Chowder Society, passed away on September 30th. More at Old Cars Weekly.
+ Three-time NASCAR Sprint Cup Series champion Tony Stewart has announced his retirement from the driver’s seat effective at the end of the 2016 season. More at Yahoo! Sports.
+ General Motors will introduce a fleet of autonomous Chevrolet Volts at its Warren Technical Center campus for employee use in late 2016. More at the Detroit Free Press.
+ All three Detroit automakers posted double-digit sales gains for the month of September: Ford recorded a 23 percent increase, Fiat Chrysler Automobiles was up 14 percent, and General Motors rose 12.5 percent. More at Motor Trend.
+ At the historic Road Atlanta road course in Braselton, Georgia, DeltaWing Technology Group unveiled its Panoz DeltaWing GT road car concept. More at Motorsport.com.
+ Orion Township-based metal stamper Su-Dan Corp. is closing its Michigan manufacturing plants, resulting in a loss of 131 jobs. More at Crain’s Detroit Business.
+ The British-based Manor Formula 1 team will switch from a year-old-spec Ferrari engine program to current-spec Mercedes engines for the 2016 season. More at Racer.
+ The Barrett-Jackson Las Vegas 2015 auction at the Mandalay Bay Resort and Casino generated more than $26.9 million in total sales and a 98 percent sell-through rate. More at Sports Car Digest.
Read the previous Executive Briefing from September 28 here.
Photo courtesy of Barrett-Jackson.