Top Automotive Industry News for Week of February 12 – February 18, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018.

We hope it helps you stay up to speed on the key developments in our industry:

-AEA Membership News-

The 2018 NADA AEA Member Reception is coming soon! The next AEA Members Reception will be held from 6:00pm to 8:30pm on Thursday, March 22nd, in Las Vegas. Invitations have been sent to all current AEA Members. If you have any questions, please contact memberservices@automotiveexecutives.com

-Automotive Manufacturing News-

Audi May Have Surged Hard In January, But Mercedes-Benz Surged Even Harder (Forbes)

Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’ (CNBC)

Cars and trucks set record for dependability in JD Power survey (CNBC)

Driverless SUVs produce water so clean, you can make tea with it (USA Today)

Ford boosts production as demand surges for Navigator and Expedition large SUVs (USA Today)

Ford overhauls China operations: ‘Bear with us’ (Detroit Free Press)

Google’s auto trend report shows what drivers want; on-board cameras popular (Automotive News)

Hyundai, Acura Take Top Honors in KBB’s ‘5-Year Cost to Own’ Awards (Auto Dealer Monthly)

Lexus leads but Buick beats Toyota in J.D. Power dependability study (Detroit Free Press)

Lost in translation? GM plant shutdown shocks South Korea (Reuters)

More Luxury Buyers Ditch the Imports and Pick Up a Truck (The New York Times)

Musk Thinks Tesla Will School Toyota On Lean Manufacturing; Fixing Model 3 Launch Would Be A Start (Forbes)

NHTSA falling behind on auto regulations, lawmakers say (Automotive News)

Record Renault earnings strengthen Ghosn’s hand (Reuters)

Separated At Rebirth: Rolls-Royce And Bentley Are Traveling Different Roads To Success (Forbes)

South Korea union says GM plant closure is ‘death sentence’, threatens strike (Reuters)

Vehicle Dependability Improves 9%: J.D. Power (Vehicle Remarketing)

Volkswagen’s I.D. line of electric cars to begin production from November 2019 (TechCrunch)

VW staff are unconvinced of culture change (Automotive News)

-Automotive Evolution News-

3M CEO on how the Scotch Tape maker plans to seize on the $6 billion electric car market (CNBC)

Autonomous Cars Will Have Same Impact as Smart Phones, Experts Claim (The Detroit Bureau)

Connected Cars Serve Up a Feast of Consumer Data, but Who Will Benefit? (Car and Driver)

Dyson bets on electric cars to shake up industry (CNBC)

Toyota design chief sees a future without mass-market cars (autoblog)

Self-Driving Cars Will Kill Things You Love (And a Few You Hate) (Bloomberg)

-Automotive Retail News-

Auto Loan Growth Ran Out Of Steam In Q4, New York Fed Reports (Forbes)

Automotive Consumer Debt Continues to Rise (The Detroit Bureau)

Car shoppers may find good deals with President’s Day weekend sales push (CNBC)

CarMax named to FORTUNE ‘100 Best Companies to Work For’ 14th consecutive year (Auto Remarketing)

EFG: Digital Retailing, Online F&I Increasing Data Security Risks for Dealers (Auto Dealer Monthly)

FordDirect Dealers Get CarStory Access (Auto Dealer Monthly)

Global auto sales poised to set record in 2018 (Automotive News)

Glut of off-lease SUVs may slow new-vehicle sales (The Detroit News)

Lease Approval Rates Fall 4% in January (Vehicle Remarketing)

-Automotive Wholesale News-

Perhaps a spring surprise: Cars values holding up (Auto Remarketing)

-Automotive Ownership News-

Owners May Value Dependability, But Love For A Car Is Clearly More Complicated (Forbes)

U.S. vehicle deaths topped 40,000 in 2017, National Safety Council estimates (USA Today)

-Automotive Enthusiast News-

Daniel Craig’s personal James Bond Aston Martin is for sale (autoblog)

Jay Leno gives a glimpse of his vast motorcycle collection (LA Times)

-Automotive Servicing News-

Air bag danger: Ford, Mazda add 35,000 pickups to do-not-drive list (USA Today)

Fiat Chrysler to recall 228,508 trucks to fix shifter issue (Automotive News)

Ford expands ‘Do Not Drive’ warning to 33,000 more pickup trucks (Reuters)

Ram trucks recalled to fix problem with gear shifters (Detroit Free Press)

Soaring Cost Of Parts Means Your Car Is More Likely To Be Totaled In An Accident (Forbes)

Takata settles with injured drivers to exit bankruptcy (CNBC)

-General Business & Executive News-

Cars.com buys Dealer Inspire, Launch Digital Marketing for $165M (Auto Remarketing)

Kemper to Acquire Nonstandard Auto Insurer Infinity in $1.4 Billion Deal (Insurance Journal)

TrueCar Revenue Rises 12% as Key Metrics Improve (Motley Fool)

Uber Quarterly Sales Rose 61% to $2 Billion Amid Heavy Loss (Bloomberg)

U.S. retail sales post biggest decline in 11 months (Reuters)

Waymo Gets the O.K. for a Commercial Driverless Ride-Hailing Service (Bloomberg)

-AEA Reminder-

Did we miss something? Let us know via our Contact Us Page >> . If you have specific important news going public soon that you would like to share with your fellow AEA Members, submit your PR Distribution Request >>

Have a great week,

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