Here is the most important news associated with the automotive industry identified by the SEA for the week March 26, 2018 – April 1, 2018.
We hope it helps you stay up to speed on the key developments in our industry:
-Automotive Manufacturing News-
2018 New York Auto Show New Vehicle Debuts (Car and Driver)
2018 New York Auto Show Winners and Losers cars.com
A Volkswagen pickup? VW stuns New York Auto Show with Atlas Tanoak concept vehicle (USA Today)
Auto companies feature virtual reality and other tech-heavy exhibits at New York Auto Show (CNBC)
EPA poised to announce rejection of Obama vehicle fuel efficiency rules (CNBC)
Ford Shelled Out $40.2 Million For Two CEOs In 2017 (Forbes)
GM says South Korean unit will file for bankruptcy if no union concessions by April 20 (Reuters)
Honda to idle production of the Accord for two weeks at Ohio plant (Automotive News)
How fast is Bugatti’s $3 million supercar? It’s a mystery, even to its CEO (CNBC)
Howes: In EV battles, automakers’ moves outpace market (The Detroit News)
Hyundai Continues its Run as Leading Automaker in the Brand Keys Customer Loyalty Engagement Index (PR Newswire)
Hyundai union head fears GM-like crisis; says electric cars destroy jobs (Reuters)
Kelley Blue Book Announces 2018 Brand Image Award Winners kbb.com
Nissan, Renault merger? Japanese, French automakers reportedly discuss deal (USA Today)
Takata whistleblowers to share $1.7 million award, lawyers say (Reuters)
Tesla is reportedly urging workers see ‘how many Model 3s’ they can build in a week (CNBC)
Tesla Makes Last-Ditch Model 3 Deliveries as Pressures Mount (Bloomberg)
Tesla Looked Like the Future. Now Some Ask if It Has One. (The New York Times)
Tesla stock notches worst month in seven years (MarketWatch)
Tesla’s ‘day of reckoning’ is near as its plunging stock increases financing risk (CNBC)
UAW membership rose by nearly 15K in 2017 (The Detroit News)
Volkswagen: We’ll buy your diesel car back if it’s banned by a German city (USA Today)
VW storing around 300,000 diesels at 37 facilities around U.S. (Automotive News)
-Automotive Evolution News-
Autonomous Car Gets First-Ever Traffic Ticket, In San Francisco (Forbes)
BMW And Daimler Combine Forces To Create A Mobility Powerhouse (Forbes)
BMW and Lexus look to car subscriptions (TechCrunch)
NVIDIA CEO: Uber’s Autonomous Accident Will Lead To More AI Investment (Forbes)
Ripple Effects from Uber’s Deadly Self-Driving Crash Have Far-Reaching Impact (Car and Driver)
Self-driving cars could kill hundreds but save tens of thousands, Toyota executive says (USA Today)
Seven states team up to drive ZEV sales (Automotive News)
Uber reaches settlement with family of victim killed in self-driving car accident (CNBC)
Volvo Supplier Says Uber Disconnected Tech That Would’ve Saved Pedestrian (The Detroit Bureau)
Waymo teams up with Jaguar to intro a new, premium self-driving car (TechCrunch)
-Automotive Retail News-
Carvana launches 2nd car vending machine in Tampa market (Auto Remarketing)
Cox: Off-Lease Tidal Wave Poses Greatest Risk to New-Vehicle Sales (Auto Dealer Monthly)
Hearst Autos Releases Two New ‘Car and Driver’ Shopping Tools (Auto Dealer Monthly)
NADA Senior Economist on Automotive Retail trends (DrivingSales)
Outgoing NADA chairman emphasizes affordability during advocacy efforts (Auto Remarketing)
Store within a store: Can Walmart change how you buy a car? (USA Today)
Survey: Dealers Open to Change (Auto Dealer Monthly)
Typically robust March new sales might give way to rising used turns later in 2018 (Auto Remarketing)
U.S. auto sales on pace for second increase of year, but headwinds loom (Automotive News)
US auto sales expected to gain in March, but boosted by increased consumer discounts (CNBC)
U.S. auto sales on pace for second increase of year, but headwinds loom (Crain’s)
-Automotive Wholesale News-
Black Book: Car Segment Values Strongest in Two Years (Auto Dealer Monthly)
March Wholesale Buyers Continuing to Favor Small Cars (Vehicle Remarketing)
Vehicle Resale Market Forecast for 2018 (Vehicle Remarketing)
-Automotive Ownership News-
In ‘Do As I Say, Not As I Do’ Culture, Distracted Driving Spikes (Forbes)
-Automotive Enthusiast News-
The 2018 New York Auto Show Actually Made Us Give a Damn About Car Shows (The Drive)
-Automotive Servicing News-
Carfax estimates over 57 million open vehicle recalls in US (Auto Remarketing)
Tesla recalls 123,000 Model S electric cars to fix power steering bolt (USA Today)
-General Business & Executive News-
Alibaba and Ford unveil car vending machine in Guangzhou (CNBC)
Captive Finance Overtakes Banks in 2017 Loan Originations (Auto Finance News)
CarGurus adds Zillow Group exec to board of directors (Auto Remarketing)
Cox Automotive releases ‘reinvented’ used-car market report at NADA 2018 (Auto Remarketing)
Ford Dealers Gave Over $110 Million in 2017 (DrivingSales)
Nissan, Renault in Talks to Merge, Create New Company (Bloomberg)
PNC Bank, TrueCar team up to offer new digital auto ‘shopping experience’ (Auto Remarketing)
Westlake Announces New Third Party Servicing Entity and Partnerships (BusinessWire)
Tesla’s Autopilot was involved in another deadly car crash (Wired)
-AEA Reminder-
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Have a great week,
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