MCG Executive Briefing for September 26, 2022

This 1955 Jaguar D-Type is among 120 cars from the Jim Taylor collection to be offered by Broad Arrow Auctions in a single-owner sale. Get all the latest industry news in the Executive Briefing.

 

Today’s headlines:

 General Motors will invest $760 million to add production of electric vehicle components at its powertrain plant in Toledo, Ohio, which currently makes automatic transmissions. More at The Detroit News. 

 Reversing nearly a two-year trend, U.S. traffic fatalities declined in the second quarter of 2022, according to the National Highway Traffic and Safety Administration (NHTSA). More at Car and Driver. 

 Toyota, which suspended production at its St. Petersburg plant in March, has decided to terminate operations, the Russian newspaper Kommersant reported. More at World Auto Forum.

  Following Toyota’s similar move, Mazda is considering ending production of  vehicles at a joint venture plant it operates with Russian automaker Sollers in Vladivostok. More at Reuters. 

 The FIA, Formula 1’s regulatory body, has declined to approve an FIA superlicense for American IndyCar star Colton Herta, blocking his potential move to the Red Bull team. More at CBS Sports. 

+   Spy photographers have captured shots of a camouflaged Mercedes-Benz AMG E 53 sedan, which will be based on the next-generation E-Class due in 2023 as a 2024 model. More at Motor Authority. 

+   The Faraday Future FF91 has been rated by the Environmental Protection Agency at 381 miles in range, but sources say the battery pack may be larger than previously disclosed. More at Autoblog. 

 Broad Arrow Auctions will offer 120 classic cars from the collection of Jim Taylor in a single-owner sale in the consignor’s home town of Gloversville, New York on October 14-15. More at Old Cars.

 NASCAR Xfinity series driver Noah Gragson, 24, won his fourth race in a row at Texas this past weekendd for Dale Earnhardt Jr.’s JR Motorsports, tying the series record. More at Jayski. 

+   General Motors has filed a U.S. patent application for an active aerodynamic system that would detect hydroplaning in wet road conditions and apply additional downforce. More at The Drive. 

Photo courtesy of Broad Arrow Auctions.

Review the previous Executive Briefing from September 23 here.

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