Here is the most important news associated with the automotive industry identified by the AEA for the week April 30, 2018 – May 6, 2018.
We hope it helps you stay up to speed on the key developments in our industry:
-Automotive Manufacturing News-
All new cars and SUVs sold in the US must now have backup cameras (CNN)
Elon Musk defends cutting off analysts, says they’re shorting Tesla (autoblog)
Elon Musk’s Bizarre Conference Call Shouldn’t Obscure Tesla’s Financial Woes (Forbes)
Elon Musk’s plan for a new Tesla plant could set off a gold rush (USA Today)
Ex-Volkswagen CEO Winterkorn charged in US over diesel scandal (CNBC)
Howes: Competing auto show visions pit October vs. June (The Detroit News)
NHTSA disputes Tesla safety claim, says it ‘did not assess’ Autopilot (autoblog)
Subaru Moves into New US Headquarters (The Detroit Bureau)
Tesla accused of violating Nikola Motor patents with electric semi truck, sues for $2B (USA Today)
Tesla starts brutal review of contractors, firing everyone that is not vouched for by an employee (Electrek)
The Death of the American Car? (U.S. News & World Report)
Thieves crash 10 Ram trucks through factory gate in ‘well-planned’ heist (Detroit Free Press)
Toyota Bets $1.1 Billion on SUVs in Canada With Trudeau’s Help (Bloomberg)
Trump to meet with automakers to discuss U.S. fuel rules, report says (Automotive News)
U.S. wants 4-year phase-in for higher NAFTA auto content thresholds (Reuters)
UAW Leaders Struggling With Credibility Issues in Wake of Scandal (The Detroit Bureau)
Volkswagen’s new CEO says he’s considering spin-off of non-core brands (CNBC)
VW Chief Diess Brushes Tesla’s Vision Aside, Doubles EV Investments (Forbes)
-Automotive Evolution News-
Anheuser-Busch orders up to 800 hydrogen-fueled big rigs (Automotive News)
Automated Vehicles Will Probably Be Safer, But We Haven’t Actually Proved It Yet (Forbes)
Calif., 16 other states sue over 2022-2025 mpg rules (The Detroit News)
GM bets on 3D printers for cheaper and lighter parts (Automotive News)
GM builds driverless, electric future at Orion plant (The Detroit News)
Howes: A glimpse of GM’s future – Amazon junk in trunk (The Detroit News)
Israeli Company Devises Way to Protect Cars from Cyber Attack (The Detroit Bureau)
Jaguar appoints new manufacturing chief to transform plants for electric future (Reuters)
Lyft, Aptiv to launch self-driving fleet in Las Vegas (Automotive News)
Self-Driving Car Pioneers Are Slowing Down After Crashes (Bloomberg)
Should insurers dictate autonomous driving behavior? (autoblog)
Some driverless carmakers reluctant to reveal failings (The Detroit News)
Tesla’s Autopilot Chief Has Left the Company (Car and Driver)
The self-driving car startup that the auto industry actually trusts (CNN)
Toyota building automated vehicle test facility in Michigan (Detroit Free Press)
Waymo self-driving car involved in Arizona crash — but wasn’t at fault, police say (LA Times)
-Automotive Retail News-
5 hottest selling new cars in April: Jeep, Porsche, Subaru models top the list (USA Today)
After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy? (USA Today)
April’s Average Transaction Price Rises to $35,411 (Auto Dealer Monthly)
AutoNation Q1 net falls 4.5%, despite revenue gain (Automotive News)
Cold snap for U.S. April auto sales instead of spring thaw (Reuters)
Genesis changes its mind on retail plans (autoblog)
Group 1’s used-vehicle project reaches close to year-end goal (Auto Remarketing)
Incentives to Propel Leases for Compacts, Mid-Sizers in May (Auto Dealer Monthly)
Lithia maintains close watch of human element of dealership operations (Auto Remarketing)
Megasys Partners with Dealertrack (Auto Dealer Monthly)
New Car Prices Increase 2% in April (Vehicle Remarketing)
Nissan sales plunge, Ford, others also down in April as auto industry cools off (USA Today)
Sonic pushing EchoPark since OEM demands are ‘out of control’ (Auto Remarketing)
Training, product sales boost F&I per vehicle gains at publics (Automotive News)
U.S. car sales dip about 5% in April (The Detroit News)
Used-Car Values Flat in April (Vehicle Remarketing)
-Automotive Wholesale News-
Black Book index holds steady as new tool arrives to find ‘cherries’ (Auto Remarketing)
Black Book Launches Black Book Cherry (Auto Dealer Monthly)
Cars stay strong as spring market shows slight signs of slowing (Auto Remarketing)
-Automotive Ownership News-
Gas Prices Continue to Climb Across the Country (The Detroit Bureau)
Pain at the pump: Gas prices hit three-year high and are expected to keep rising (CNBC)
Making Road Trips Safer With Pets Aboard Is All About ‘Location’ (Forbes)
Study Shows Motorists Want Calmer, More Comfortable Commute (The Detroit Bureau)
-Automotive Enthusiast News-
Electric Cars Are Creating a New Kind of Car Enthusiast (Autotrader)
Jay Leno has 3 simple rules for buying collector cars that will go up in value (CNBC)
-Automotive Servicing News-
Backup cameras now required in new cars in the U.S. (USA Today)
Ford expands safety recall to nearly 100,000 Transit vans in North America (USA Today)
Safety worries grow over Prius electrical systems (The Detroit News)
-General Business & Executive News-
CarGurus Announces Fourth Quarter 2017 and Full Year 2017 Financial Results (Globe Newswire)
Federal Reserve Keeps Rates Steady (Auto Dealer Monthly)
FordDirect Appoints Experienced Auto Leader Dianne Craig as CEO (PR Newswire)
U.S. annual inflation measures jump; consumer spending rises (Reuters)
-AEA Reminder-
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