MCG Executive Briefing for September 16, 2019

Cadillac has unveiled its entry-level CT4 sedan for 2020 with a choice of engines offering up to 309 hp. Get all the latest auto industry news in the Executive Briefing.

 

 

Today’s Headlines: 

 The United Auto Workers on Sunday called a national strike against General Motors effective midnight, sending 46,000 hourly workers at 55 facilities to the picket lines. More at the Detroit Free Press. 

+   BMW senior executive Markus Duesmann is set to become Audi’s next CEO after BMW dropped its opposition to his early departure, a German newspaper reported. More at Automotive News Europe. 

 The Elegance at Hershey, one of the premier concours d’elegance events on the East Coast, has canceled its 2020 event after failing to meet its charity fundraising goals. More at Classic Cars.com Journal. 

 Veteran sports car driver Jordan Taylor will move from Wayne Taylor Racing to a full-time ride with the factory Corvette C8.R operation in 2019, replacing Jan Magnussen. More at Autoweek. 

 Cadillac’s entry-level CT4 sedan for 2020 will offer a choice of four-cylinder engines with up to 309 hp coupled to eight and 10-speed automatic transmissions. More at Motor Trend. 

 According to a new AAA study, the cost of owning and operating an automobile in the USA has risen to a record $773.50 per month in 2019, driven partly by greater interest rates. More at The Drive. 

 Tom Jobe, the last surviving member of California’s famed Surfers, the nitro dragster racing team that included Bob Skinner and Mike Sorokin, has passed away at 89. More at Hemmings Daily. 

 The Trump administration is moving forward with a plan to revoke the state of California’s authority to set its own emissions standards for motor vehicles. More at Reuters. 

 The motoring press has reported its first drives of the 2019 Saleen Mustang S302 Black Label, which features a 5.0-liter, 800 hp V8 with a twin-screw blower and 12 psi boost. More at Autoblog.

 Multiple sources confirmed that seven-time NASCAR Modified champion and short track racing legend Mike Stefanik was killed in a plane crash in Sterling, Connecticut. More at Jayski. 

Review the previous Executive Briefing from September 13 here.

Photo by General Motors. 

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