MCG Executive Briefing for September 26, 2014

lincoln_continental_concept__2002The one-of-one V12-powered 2002 Lincoln Continental concept, now in the Texas collection of Sam Pack, will be offered at no reserve by RM Auctions in November. Get all the latest auto industry news in the Executive Briefing. 

 

 

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+   General Motors’ Cadillac division, which is moving its headquarters to New York next year, will call its upcoming flagship sedan the CT6 under a new three-character naming system. More at The Detroit News. 

+   Chrysler has remodeled its historic Mound Road truck plant in Warren, Michigan to boost production of Ram 1500 pickups by an additional 28,500 units per year. More at Motor Trend.

+   An Italian consumer group is planning class-action lawsuits against Fiat and Volkswagen, alleging fraudulent fuel economy claims. More at Automotive Business Review. 

+   A grand jury in Ontario County, New York declined to indict NASCAR driver Tony Stewart in the death of Kevin Ward, Jr, while the prosecutor disclosed that Ward’s toxicology report indicated the presence of marijuana. More at USA Today. 

+   With the addition of 1,200 workers at the Kansas City truck plant, Ford has exceeded the new-jobs commitment in its 2011 national agreement with the United Auto Workers. More at the Detroit Free Press. 

+   The Brabham name will return to motorsports team ownership with David Brabham forming a World Endurance Championship operation. More at BBC Sport.

+   The compensation fund for deaths or injuries linked to GM vehicles with faulty ignition switches has made its first cash offers to around 15 persons. More at Reuters. 

+   More than 130 vehicles from the collection of Texas car dealer Sam Pack will be offered by RM Auctions in Dallas Nov. 14-15. More at Autoweek.

+   Comprehensive NASCAR Sprint Cup rules changes for 2015 include a private testing ban, rain tires for road courses, and a reduction of engine power to 725 hp. More at Jayski’s.

For the previous Executive Briefing from September 21, click here.

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