MCG Executive Briefing for September 4, 2020

The oldest production Saab in existence, a 1948 model 92 bearing the serial number 92004, is offered via an online auction in Sweden. Get all the latest auto industry news in the Executive Briefing.

 

Today’s Headlines: 

 Fiat Chrysler Automobiles has finally unveiled the much-anticipated Jeep Grand Wagoneer and Jeep Wagoneer, with the Grand Wagoneer topping $100,000 in price. More at Car and Driver. 

+   Carla Bailo, president and CEO of the Ann Arbor-based Center for Automotive Research. predicts that auto sales will not return to previous levels for at least two years. More at the Detroit Free Press. 

+   According to a recent study, electronic safety systems including automatic braking and front collision avoidance could prevent 40 percent of the rear-end crashes in large trucks. More at The Detroit News. 

General Motors and Honda have signed a nonbinding memorandum of understanding toward establishing a North American automotive engineering alliance. More at CNBC. 

+  Co-principals Sir Frank Williams and daughter Claire Williams will leave the Williams team and step away from Formula 1, ceding management to new owner Dorilton Capital. More at Sky Sports. 

+   Rumors suggest that the 2021 Ford F-150 Raptor performance truck will be offered with a choice of two engines, a turbocharged V6 or a 5.4-liter supercharged V8. More at Autoblog. 

 The California Highway Patrol has retired the last of its Ford Crown Victoria patrol cars and will now rely on Dodge Chargers and Explorer-based Ford Interceptors. More at The Drive.

+   The oldest production Saab in existence, a 1948 model 92 bearing the serial number 92004, is for sale in an online auction conducted by Bilweb Auctions in Sweden. More at Hemmings Daily. 

+  Japanese automaker Nissan Motor reported a 2.4 percent sales decline in China for August versus one year ago, while rivals Toyota and Honda surged ahead. More at Reuters. 

+   After collecting his first NASCAR Cup victory last weekend at Daytona, driver William Byron extended his current deal with Hendrick Motorsports through 2022. More at Jayski. 

Review the previous Executive Briefing from August 30 here. 

Photo courtesy of Bilweb Auctions. 

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