Here is the most important news associated with the automotive industry identified by the SEA for the week February 19, 2018 – February 25, 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-
Automakers looking to cash in on car data (The Detroit News)
Electrification, autonomy won’t gain widespread adoption for decades, CAR study says (Automotive News)
GM proposes a $2.8 billion, 10-year investment in South Korea: Government official (CNBC)
Hyundai luxury brand Genesis ranked No. 1 by Consumer Reports (CNBC)
IIHS: These cars are best at avoiding rear crashes (USA Today)
In New Ratings Of Rear Crash Prevention Systems, Cadillac XT5 & Subaru Outback Lead (Forbes)
Porsche Makes It Official: Diesels are Done (The Detroit Bureau)
Slowing US auto sales prompts Japanese automakers to rethink discounts (CNBC)
Sunroofs Are Growing in Size and Popularity. Rules Haven’t Kept Up. (The New York Times)
Toyota dominates Consumer Reports 2018 Top Picks for vehicles (USA Today)
Toyota Facing Lawsuits Alleging It Weakened Prius Mileage (Forbes)
VW says shift to electric vehicles could hit profitability (Reuters)
-Automotive Evolution News-
Autonomous Cars Are About To Transform The Suburbs (Forbes)
BP sees self-driving electric vehicles squeezing oil demand by 2040 (CNBC)
Malicious use of A.I. could turn self-driving cars and drones into weapons, top researchers warn (CNBC)
Nissan is taking on Uber with its own self-driving taxi service (CNBC)
Okay, Google! Start The Engine! (Forbes)
Our close call at the crosswalk in an autonomous Hyundai (Automotive News)
Self-driving cars could slash Uber, Lyft prices by 50%, BP chief economist says (MarketWatch)
Sony Corp. to launch an AI-based taxi-hailing service in Japan (TechCrunch)
Tesla, GM buyers to lose $7,500 tax credit within a year (CNN)
The problem with today’s driverless car technology is the drivers (MarketWatch)
-Automotive Retail News-
3 factors likely to buoy CPO sales (Auto Remarketing)
Cadillac salesman sets record for sales, but not without a fight (USA Today)
Carvana Adds Vehicle Pickup Garages (Vehicle Remarketing)
Costco Auto Program announces record-breaking 2017, over 520K vehicles sold (Auto Remarketing)
Ford dealers gain access to AI tool for used-car sales (Automotive News)
Hurricane Harvey Destroyed More Vehicles Than Any Single Event in America. This Is the Aftermath (Car and Driver)
Impact of Looming Interest Rate Hikes on Auto Sales Unclear (The Detroit Bureau)
KBB introduces new market-reflective CPO Price Advisor (Auto Remarketing)
New Vehicle Sales Expected to Drop in February (The Detroit Bureau)
Right-Sized: Every Mid-Size Crossover and SUV Ranked from Worst to Best (1 of 23) (Car and Driver)
Rising Interest Rates Are A Headwind For 2018 Auto Sales (Forbes)
TransUnion: Auto Loan Growth Slowing (Auto Dealer Monthly)
US Bank to Offer Financing Decisions Through AutoGravity (Auto Dealer Monthly)
-Automotive Wholesale News-
Fastest depreciating cars in America (autoblog)
Recent wholesale price moves prove spring season is swinging into typical form (Auto Remarketing)
-Automotive Ownership News-
Car shopping: How to get the most out of your vehicle trade-in (USA Today)
Tesla wants to help you charge your car at the office (The Detroit News)
The Car of the Future Will Sell Your Data (Fortune)
-Automotive Enthusiast News-
Fiat Chrysler launches restoration and sales of classic cars in Europe (ClassicCars.com)
Sun-Day Driver: We Test The University of Michigan Solar Car! (Car and Driver)
-General Business & Executive News-
A List of the Companies Cutting Ties with the N.R.A (NY Times)
Carlease To Redefine How Consumers Lease Vehicles And Capitalize On Rising Lease Trends With Initial Round Of Funding (PR Newswire)
China’s Geely Buys $9 Billion Daimler Stake (Bloomberg)
Elon Musk’s Boring Company gets preliminary permit for NYC-DC Hyperloop (TechCrunch)
Ford management shakeup: Galhotra replaces ousted president of Ford N. America (Detroit Free Press)
Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market (TechCrunch)
Lawmakers Look at Alternatives to Gas Tax as Highway Infrastructure Crumbles (The Detroit Bureau)
Oracle Data Cloud Launches Data Marketing Program to Help Savvy Auto Dealer Agencies Better Use Digital Data (PR Newswire)
Takata agrees to settle investigation by 44 state attorneys general over deadly air bags (CNBC)
‘Uncharted Territory:’ Goldman Sachs Issues Dire Warning About Federal Spending (Fortune)
-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,
Member Services
memberservices@automotiveexecutives.com
Automotive Executives Association