Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 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-
5th person charged in UAW-Fiat Chrysler scandal: Another union exec accused of theft (USA Today)
All change for Audi as it predicts short-term pain (Reuters)
Audi’s New Flagship EV Just Killed The R8 Supercar (Forbes)
Aural Authority: Jaguar’s I-Pace EV Will Generate Fake Engine Sounds (Forbes)
Buick removes brand name from 2019 vehicles (The Detroit News)
FCA Claims Web Developer Bribed Exec $2.4M to Raise Prices (The Detroit Bureau)
Ford is releasing new advanced driver assistance system in late 2018 (CNBC)
Ford says it will beat Toyota in hybrids by 2021 with Mustangs and trucks (CNBC)
Ford, Once a Leader in the S.U.V. Race, Aims to Catch Up (The New York Times)
Ford’s $11 billion plan for hybrids and EVs — a closer look (autoblog)
Ga. court rules against Fiat Chrysler in Jeep fire case (The Detroit News)
Get On The Bus: VW Aims To Double U.S. Market Share In Next 10 Years (Forbes)
GM Exec Calls For Premium Gas To Be The New Regular (Forbes)
GM investing $100M in Mich. plants for AV production (The Detroit News)
GM’s Use of Wind Power Continues to Grow (The Detroit Bureau)
Lawsuits accuse automakers of faulty air bags, recall delays (CNBC)
Lobbying push targets holdouts on autonomous vehicle bill (Automotive News)
McLaren eschews EV future sought by Ferrari, Corvette, others (Automotive News)
Moody’s upgrades auto industry outlook to stable from negative (CNBC)
Porsche Electric Car Plans Gather Momentum (Forbes)
Tesla employees say automaker is churning out a high volume of flawed parts requiring costly rework (CNBC)
Tesla’s electric motor shift to spur demand for rare earth neodymium (Reuters)
These electric cars want to learn from Apple’s hits and Tesla’s misses (USA Today)
U.S. business inventories jump 0.6% in January, big rise in autos (MarketWatch)
VW steps up Tesla challenge with $25B battery buy (The Detroit News)
-Automotive Evolution News-
AAA, Ford, Toyota, BMW: All See A Future With Fewer Cars (Forbes)
Delaware Testing Smartphone Driver’s License (The Detroit Bureau)
Electric Vehicles Are Always Five Years Away (Forbes)
Lyft to develop self-driving hardware, software with auto-parts supplier Magna (MarketWatch)
Uber in talks with Toyota on self-driving tech deal: report (MarketWatch)
Waymo Lets Folks Peer Behind the Autonomous Curtain (The Detroit Bureau)
When Self-Driving Cars Can’t Help Themselves, Who Takes the Wheel? (The New York Times)
-Automotive Retail News-
Auto Sales Are Down. Here’s Why They’ll Continue To Fall. (Forbes)
Avis Budget announces multi-year deal to add 10,000 Connected Toyota vehicles (Auto Remarketing)
Best CPO Dealers: Strategies for success — Part II (Auto Remarketing)
Carvana Forecasts Growth in Online Used Vehicle Sales (Vehicle Remarketing)
Chevrolet Back on Top of Most-Seen Auto Ads Chart (Wards Auto)
DealersLink to Unveil Vehicle Pricing Tool at NADA (Auto Dealer Monthly)
Edmunds Lists Five Star Dealer Award Winners (Auto Dealer Monthly)
KBB trade-in values now integrated in AutoGravity financing app (Auto Remarketing)
Lithia to add dealerships, boost used-car sales this year (Auto Remarketing)
Manheim Releases Mobile App for Dealers (Auto Dealer Monthly)
Pearl to Debut Pre-Owned Marketing Platform at NADA 2018 (Auto Dealer Monthly)
RouteOne, MaximTrak Streamline F&I Process With New Functionality (Auto Dealer Monthly)
U.S. News Announces the 2018 Best Cars for Families (U.S. News and World Report)
Used Vehicle Prices Begin to Normalize: Manheim (Vehicle Remarketing)
-Automotive Wholesale News-
Auction Values: Spring Selling Boosts Used Cars (Vehicle Remarketing)
How to Minimize Vehicle Depreciation Costs with Data (Vehicle Remarketing)
Make it six straight weeks of car prices outperforming truck values (Auto Remarketing)
Used Cars Continue to Thrive at Auctions (Vehicle Remarketing)
-Automotive Ownership News-
Consumer Reports says these are the 10 worst car brands (USA Today)
Why the tax law might make your car payments go up (CNBC)
-Automotive Enthusiast News-
Beyond passengers: The history of women and cars (The Detroit News)
Bigger, Better, Faster, More: Welcome to the New Motor Trend (Motor Trend)
Harley-Davidson going all-in on electric motorcycles (USA Today)
Lexus Sport Yacht concept is set to become an even bigger, 65-foot reality (Mashable)
See inside the swanky Miami dealership that has $25 million worth of supercars (CNBC)
The 20 Most Expensive Cars Sold at the 2018 Amelia Island Auctions (Car and Driver)
-Automotive Servicing News-
Buick, Infiniti nab top spots in J.D. Power service satisfaction study (Automotive News)
Hyundai Recalls 155,000 2011 Sonatas (DrivingSales)
Loose steering wheels trigger Ford recall of 1.4M Fusion, Lincoln MKZ cars (USA Today)
myKaarma Launches SmartAssist AI for Fixed Ops (Auto Dealer Monthly)
Ram 1500 pickups from 2009-2012 recalled to fix rusting fuel tank strap (USA Today)
U.S. Government Launches Investigation Into Hyundai And Kia Airbags (Reuters)
-General Business & Executive News-
Could General Motors launch its own Airbnb for cars? (Detroit Free Press)
Lyft is testing monthly subscriptions for riders (TechCrunch)
Moody’s upgrades auto industry outlook to stable from negative (CNBC)
NADA Foundation outlines plans for major workforce initiative (Auto Remarketing)
Tesla’s latest venture? A drive-in restaurant — maybe even with carhops (USA Today)
The Ford F-150 Franchise Is Reportedly Worth More Than Ford Itself (Jalopnik)
TrueCar launches giveaway for injured vets seeking retrofitted vehicles (Auto Remarketing)
Wells Fargo faces sanctions for auto insurance payouts: Report (CNBC)
Winning in Las Vegas: Cox Automotive, with Autotrader and Kelley Blue Book brands, to Make Car Buying Faster, More Enjoyable (PR Newswire)
-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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