This highly original and well-preserved 1969 Lamborghini Miura brought an impressive $1.59 million at the RM Sotheby’s London auction. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ As workers ratified a new labor agreement with General Motors by 57 to 43 percent, United Auto Workers negotiators have turned their attention to a deal with Ford. More at The Detroit News.
+ Sources at Ford are hinting that the automaker might not be done with the Ford GT after its current run and that a higher-performance model could be in the works. More at The Drive.
+ Sigmar Gabriel, Germany’s former foreign minister, has been tapped to become the head of the nation’s auto industry lobby, the newspaper Bild am Sonntag reported. More at Automotive News Europe.
+ Chip Ganassi Racing driver Kyle Larson will run the final playoff races of the NASCAR Monster Cup season with a lower rib fracture suffered in a crash at Talladega. More at USA Today.
+ Tesla began selling its locally-made Model 3 in China for $50,310 with autopilot, making it the company’s cheapest model on sale there, the carmaker announced. More at Reuters.
+ Airless tire makers including Bridgestone hope that autonomous vehicles will herald a breakthrough for their niche technology, which is still in search of a market. More at Autoblog.
+ Top sellers at the 13th annual RM Sotheby’s London auction included a 1969 Lamborghini Miura, a 1985 Lancia Delta S4 Rally, and a 1973 Ferrari Dino 246 GT. More at Classic Cars.com Journal.
+ Sen.Charles Schumer of New York has proposed a 10-year, $454 billion plan that would use incentives and subsidies to electrify the USA’s vehicle fleet by 2040. More at The Verge.
+ The Mercedes and Red Bull Formula 1 teams have expressed doubts about the enforceability of the $175 million annual team budget cap scheduled for 2021. More at Motorsport.com.
+ Jaguar Land Rover may offer an SVR version of the Land Rover Defender powered by BMW’s high-tech 4.4-liter twin-turbo V8, with a concept due to appear in 18 months. More at CNET Roadshow.
Review the previous Executive Briefing from October 25 here.
Photo courtesy and copyright of RM Sotheby’s.
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