Top Automotive Industry News for Week of April 12 - April 18, 2021

Here is the most important news associated with the automotive industry identified by the AEA for the week of April 12, 2021 – April 18, 2021.

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

-Automotive Executives Association (AEA) News-

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-Automotive Manufacturing News-

Apple May Have Found New Partners for Its EV Project (Car and Driver)

Biden meets today with executives on chip shortage as U.S. auto industry feels the pain (CNBC)

Ford Answers GM, Tesla Hands-Free Systems With BlueCruise (WardsAuto)

GM, LG to make 'major' manufacturing news Friday in Tennessee (Detroit News)

Hyundai enters U.S. pickup market with new Santa Cruz ‘Sport Adventure Vehicle’ (CNBC)

Mercedes-Benz unveils new flagship EQS electric sedan to take on Tesla (CNBC)

Nearly all Stellantis nameplates will have electrified option by 2025 (Detroit News)

The auto industry ‘has to move’ on electrification as consumers become more conscious, Nissan CEO says (CNBC)

-Automotive Retail News-

10 Takeaways from U.S. Auto Sales: Q1 2021 (Cox Automotive)

Alfa Romeo’s New U.S. Chief Wants Dealers to Dive Into Digital (WardsAuto)

CarMax Sees Customers Returning to Dealerships (WardsAuto)

Car shoppers should expect high prices and limited inventory this spring (CNBC)

Chevy Corvette remained fastest-selling car in March, Toyota RAV4 Prime not far behind (CNet)

Lithia acquires The Suburban Collection (Auto Remarketing)

Mitsubishi Motors Continues Growth And Investment Across U.S. Dealer Network (Newswire)

More Consumers than Ever Considering EV Purchase (Auto Dealer Today)

NADA Data 2020: Annual Report (NADA)

Rising Prices Make Affordability an Issue for Car Buyers (The Detroit Bureau)

Used Market Update: April 16, 2021 (J.D. Power)

Washington State Plans to Ban Sales of Gasoline Cars after 2030 (Car and Driver)

Weekly Market Insights (Black Book)

-Automotive Ownership & Servicing News-

NHTSA investigating air bag failure complaints in GM vehicles (Detroit Free Press)

Selective Study Finds 87% of U.S. Drivers Have Engaged in Various Distracted Driving Behaviors Recently (Newswire)

Service Makes the Difference in Age of BEVs, Online Sales (Wards Auto)

Spiffy’s first franchise location opens in Delaware (Auto Remarketing)

Subaru Recalls 466,000 Crosstrek, Impreza Vehicles for Ignition-Coil Fix (Car and Driver)

Toyota recalls Venza SUVs to fix air bag wiring problem (Detroit News)

-General Business & Executive News-

Geely's EV unit Polestar raises $550 mln, company says (Reuters)

Nuro’s self-driving robot will deliver Domino’s pizza orders to customers in Houston (The Verge)

Rivian is launching its own insurance company (CNet)

Self-driving startup Cruise raises $2.75 bln from Walmart, others (Reuters)

Uber posts record gross bookings in March as ride-hailing demand picks up (CNBC)

-AEA Reminder-

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Have a great week,

Automotive Executives Association

Automotive Executives Association