MCG Executive Briefing for October 7, 2019

For 2020, Lincoln will again offer a limited-production, suicide-door version of the Continental, the Coach Door Edition, starting at $115,470. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines:

+   As the United Auto Workers strike at General Motors entered its fourth week, union vice president Ray Dittes reported that negotiations have taken a “turn for the worse.” More at The Detroit News. 

+   New-vehicle sales in the United Kingdom lagged well behind the other European markets in September due to consumer uncertainty over Brexit. More at Automotive News Europe. 

+  Backed by 10 other European Union governments, Denmark called for a strategy to phase out gasoline and petrol vehicles from the new car market by 2030. More at Reuters. 

+   Ally Financial, formerly known as GMAC, has extended its full-season primary sponsorship of Jimmie Johnson’s No. 48 NASCAR Camaro for three more years.

 The U.S. National Highway Traffic Safety Administration (NHTSA) is investigating a potential defect in Tesla Model S and Model X battery packs that could result in vehicle fires. More at CNBC. 

+  Southfield, Michigan-based metal parts supplier Chassix Holdings has been renamed Aludyne, following its recovery after a 2015 bankruptcy reorganization. More at Crain’s Detroit Business. 

 Following on the success of the 2019 Continental 80th Anniversary Coach Edition, Lincoln will offer a second production run of 150 cars in 2020 listing at $115,570. More at Autoblog.

+   SRT design chief Mark Trostle is asking Dodge Charger and Challenger owners to remove the splitter protectors the cars are shipped with, saying they “ruin the lines.” More at The Drive. 

+   The first 2020 C8 Corvette off the line, sporting VIN 001, will be sold at the Barrett-Jackson Scottsdale auction in January to benefit the Detroit Children’s Fund. More at Classic Cars.com Journal. 

 The calendar for the 2020 FIA Formula 1 World Championship was confirmed at a meeting of the FIA World Motor Sport Council in Cologne, Germany. More at Racer. 

Review the previous Executive Briefing from October 4 here.

Photo courtesy of Lincoln Motor Company

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One thought on “MCG Executive Briefing for October 7, 2019

  1. I’m not a fan of electric vehicles, I think there is still too much uncertainty about them and recharging. I’m also glad that they haven’t been forced on us in the USA like they will be forced on folks in Denmark. If somebody wants to buy one, good for them, that is the way they will get improved, but I don’t want to be forced into giving up my gasoline vehicles. I hope I don’t live to see the day our rulers go that route.

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