MCG Executive Briefing for September 9, 2019

At $990,000, this 1948 Tucker 48 was the top seller at the Worldwide Auctioneers Auburn sale. Get all the latest auto industry news in the Executive Briefing.

 

 

 

Today’s Headlines: 

 Ted Cannis, Ford’s global director for electrification, says an all-electric version of the popular F-150 pickup could appear in dealer showrooms as early as 2021. More at The Drive. 

 Kia has named former Infiniti design chief Karim Habib as senior vice president of design, leading the automaker’s global design center in Namyang, Korea. More at Automotive News Europe. 

+   Both General Motors Chairman and CEO Mary Barra and President Donald Trump remain silent on the topics discussed in their White House meeting last week. More at USA Today. 

 At the Brickyard 400 in Indianapolis, the 16-driver playoff roster for the NASCAR Monster Cup was set, with Clint Boyer and Ryan Newman grabbing the final two spots. More at NBC Sports. 

 Spy photographers have captured clear images of the next 992 Porsche 911 Turbo free of all camouflage, along with some photos of the cabriolet version. More at Autoblog. 

 Volkswagen has sold out of its new fully-electric ID.3 model before the car has gone on sale, with all 30,000 pre-order slots for the special first edition already spoken for. More at CNBC.

+  The U.S. Justice Department is investigating the voluntary agreement among four automakers to adopt California’s state emissions standards as a possible antitrust violation. More at Reuters.

+   In its new venue in a former museum complex, the annual Worldwide Auctioneers Auburn sale generated $5 million in sales with a 90 percent sell-through rate. More at Classic Cars.com Journal. 

+  The Chinese government is reportedly studying an aggressive new plan mandating that electric vehicles make up 60 percent of the market by 2035, a 12-fold increase. More at Bloomberg.com. 

+  Australian Formula 3 driver Alex Peroni suffered broken vertebrae in a terrifying accident at Monza when his race car was launched high into the air by a section of curbing. More at ESPN.

Review the previous Executive Briefing from September 6 here.

Photo courtesy and copyright of Worldwide Auctioneers. 

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