With 3000+ hp, BYD’s Yangwang U9 Extreme hit 312 mph on a public road in Abu Dhabi. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Toyota Motor North America has named Mark Templin, its current executive vice president and chief operating officer, as its new president and CEO, effective Jan. 1. More at Wards Auto.
+ Daimler Truck reported a 73 percent jump in its third-quarter profit, but the share price fell on weaker orders and concerns over 2027 margin growth in North America. More at Reuters.
+ After years of disappointing sales, the controversial Tesla Cybertruck has been discontinued, reportedly to make room for Cybercab production at the Texas Gigafactory. More at InsideEVs.
+ Driving a Chevrolet for Hendrick Motorsports, Kyle Larson secured his third NASCAR Cup championship and second consecutive title in the season finale at Homestead. More at ESPN.
+ A Corvette ZR1X with a sticker price of $296,445 was marked up to $700,000 by George Nunnally Chevrolet in Bentonville, Arkansas with a “Hypercar Demand Premium.” More at The Drive.
+ CATL, the world’s largest EV battery maker, is reportedly exploring lithium-air cell technology with ene...