MCG Executive Briefing for September 14, 2020

Maserati plans to develop in-house the all-electric Folgore versions of all the vehicles it produces. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines:

+   Hyundai is recalling around 180,000 Tuscon SUVs while advising owners to park outdoors because an electrical short in a computer could cause vehicles to catch fire. More at The Detroit News. 

 Chinese energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, Le Journal du Dimanchen reported. More at Reuters.

+   McLaren is seeking an investor to purchase its cutting-edge technical headquarters in Woking, about an hour from London, and then lease it back to the automaker. More at Autoblog. 

 Twelve Formula 1 drivers received warnings for their actions in a massive crash at the restart of the Tuscan Grand Prix that required the event to be red-flagged. More at Motorsport.com. 

 The COVID-19 outbreak has triggered a boom in the used car market as new cars are in short supply and consumers are turning away from ride sharing and mass transit. More at Car and Driver. 

+   The ninth movie in the Fast & Furious franchise, tentatively titled F9: The Fast Saga, could take the street racing crew into outer space, according to Hollywood gossip. More at Road & Track. 

 Borrowing from technology that originated in Formula 1 and Formula E, Maserati will develop in house the all-electric Folgore versions of all the vehicles it produces. More at The Drive. 

 The Heritage Collection of British automaker Vauxhall has consigned 11 of its vintage vehicles to Brightwells Auctioneers to be sold at no reserve on September 24. More at Classic Cars.com Journal. 

 Lamborghini has partnered with Cervelo Cycles to produce a limited edition bicycle dubbed the “Cervelo R5 Automobili Lamborghini Edition” and priced at $18,000. More at USA Today. 

  Veteran NASCAR driver Mike Wallace has been suspended indefinitely for violating the sport’s member conduct guidelines with an offensive social media post. More at Yahoo! News.

Review the previous Executive Briefing from September 11 here. 

Photo courtesy of Maserati. 

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