MCG Executive Briefing for October 26, 2020

Fiat Chrysler Automobiles has confirmed that the aging but elegant Chrysler 300 will remain in production through 2023. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines:

+   Volvo has upgraded its Care By Volvo vehicle subscription servce by allowing subscribers to choose a new Volvo every four months instead of one per year. More at Car and Driver. 

+   Volkswagen plans to make its Bentley brand part of the Audi division as it seeks economies of scale among its premium brands, the trade journal Automobilwoche reported. More at Reuters.

+   Fiat Chrysler confirmed that three new variants of the Dodge Charger and Challenger are in the works, and that the Chrysler 300 will remain in production through 2023. More at Autoblog. 

  Avoiding trouble to finish third in the chaos-filled Grand Prix of St. Petersburg, veteran Scott Dixon scored his sixth career IndyCar title for Chip Ganassi Racing. More at Racer. 

 Some dealerships are marking up the 591-horsepower, twin-turbo V8 Audi RS6 Avant by $15,000 to $50,000 or more over the already lofty sticker price of $109,000. More at The Drive. 

 Some 30,000 Tesla Model S and Model X vehicles imported into China from the USA have been recalled there to correct one or two possible suspension defects. More at CNET Roadshow. 

 National Sprint Car Hall of Fame crew chief Kenny Woodward, who earned World of Outlaw titles with drivers Bobby Davis Jr. and Dave Blaney, has passed away at 80. More at Speed Sport.

+   Ford has launched an online build-and-price configurator with colors and pricing for the 190,000 customers who have reserved a new 2021 Bronco with a $100 deposit. More at The Detroit News. 

+   Consignments for the Artcurial Motorcars 16th Automobiles sur les Champs auction on November 1 will include a “barn find” 1960 AC Ace and a 1955 Mercedes Gullwing. More at Classic Cars.com Journal. 

+   Ford CEO Jim Farley’s race driving hobby is a risky practive that raises the stakes for shareholders if he is injured or killed on the track, business advisors are saying. More at the Detroit Free Press. 

 Six-time Formula 1 champion Lewis Hamilton scored his 92nd victory at the Grand Prix of Portugal, surpassing previous all-time leader Michael Shumacher in career wins. More at Yahoo! Sports. 

Photo courtesy of Fiat Chrysler Automobiles. 

Review the previous Executive Briefing from October 23 here.

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