Top Automotive Industry News for Week of April 18 - April 24, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week April 18, 2016 - April 24, 2016.

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

-Automotive Manufacturing News-

A Look At This Week’s Top OEM Headlines (CBT News)

Another Way Tesla Is 'Different': Model X Bugs Suggest It's Using Customers As Beta Testers (Forbes)

Apple hires former Tesla VP: Report (CNBC)

Behind Mitsubishi’s Faked Data, Fierce Competition (The New York Times)

BMW and Daimler abandon Apple Car talks (TechCrunch)

Diesel Debacle Aside, Audi Is Killing It In The U.S. (Forbes)

Do all automakers cheat on their MPG tests? (CBS News)

Emission cheating costs VW $18 billion (CNN)

Exclusive: VW to offer to buy back nearly 500,000 U.S. diesel cars - sources (Reuters)

First Faraday cars rolling out in 2018? Not so fast (Detroit News)

Ford GT has over 7,000 applications for just 500 cars (autoblog)

Ford’s Sales Gains Come at a Price (WSJ)

General Motors' stock surges after profit, revenue beat (Market Watch)

GM CFO: This drove our big Q1 earnings beat (CNBC)

Honda creates Clarity line of hydrogen fuel cell cars (USA Today)

Honda is bringing back the 49-mpg Accord Hybrid this spring (Mashable)

Hyundai Taps Cisco to Develop Connected Car Tech (Fortune)

Jaguar Returns to its Roots, Launches Straight-Six Engines for 2017 (CheatSheet)

LeEco wheels out its own self-driving electric concept car, following deals with Faraday Future and Aston Martin (TechCrunch)

Mitsubishi Motors admits it falsified gas mileage data (USA Today)

Mitsubishi Motors dives 15% on testing misconduct (Market Watch)

Report: Four major players from BMW’s i team jump ship for Chinese startup (egmCarTech)

Tesla drops on Consumer Reports warning (CNBC)

The Apple Car is being developed in Germany, report says (Mashable)

Toyota Workers In Kentucky Elevate Their Senses To Properly Build A Lexus (Forbes)

Volvo announces initiative to produce one million death-resistant electrified cars by 2025 (egmCarTech)

With Flint money removed, bill promoting fuel-efficient vehicles passes (Detroit Free Press)

-Automotive Retail News-

AutoNation's Q1 net income falls 14% on lower sales, Texas woes (Automotive News)

Average Used Vehicle Selling Price Reaches $19,397 (Vehicle Remarketing)

Beepi lets you buy, sell and now lease a car with an app (TechCrunch)

Change IS Coming: What's Your Plan? (Driving Sales)

Dealers hope VW deal brings owners back on board (Automotive News)

Digital car sales pioneer adjusts to crowded market (Auto Remarketing)

Edmunds: EV, Hybrid Owners Ditching Vehicles for SUVs (Auto Dealer Monthly)

Ford says Mustang is now the world's top sports coupe (USA Today)

Is your third party vendor providing the right assistance in the car buying process? (CBT News)

Rising Lithium Prices Threaten to Short-Circuit EV Market (The Detroit Bureau)

TD Bank: U.S. Auto Sales to Peak in 2016, Remain Healthy in 2017 (Auto Dealer Monthly)

The Best Deals In Off-Lease Used Cars (Forbes)

Virtual reality & CPO: Not just a fantasy (Auto Remarketing)

Where off-lease is pinching prices (Auto Remarketing)

Why dealer marketing campaigns remain highly inefficient (Auto Remarketing)

-Automotive Wholesale News-

At KAR, tech focus & auction growth complement each other (Vehicle Remarketing)

Auction prices for used cars fall (Detroit Free Press)

Black Book partners with Auction Simplified to furnish data (Auto Remarketing)

-Automotive Ownership News-

Average Gas Prices Jump Seven Cents to $2.11 per Gallon (AAA)

Tesla autopilot saves driver from collision, Elon Musk approves (Mashable)

Tesla To Let Owners Trial Autopilot Option For 30 Days Before Purchase (AutoSpies)

-Automotive Enthusiast News-

Bomb-proof your Rolls-Royce for $200,000 (CNBC)

Detroit Auto Show Embraces Self-Driving Cars and Auto Tech With New Exposition (Fortune)

Gordon Murray's ultra-efficient Shell Concept Car does 89 mpg (Road Show)

Ultra-m.p.g. race coming to Detroit riverfront (Detroit Free Press)

-Automotive Servicing News-

Fiat Chrysler Announces Recall of 1.1 Million Autos (NY Times)

Gear shift confusion causes Chrysler recall (CNN)

German carmakers to recall 630,000 cars to fix emissions: Govt official (CNBC)

-General Business & Executive News-

Brands Can Sponsor NBA Jerseys Starting Next Season (AdWeek)

Brands Post Tributes to Prince, but Struggle to Make Them Heartfelt and Not Promotional (AdWeek)

Business Travelers Are Skipping Rental Cars For Ride-Sharing Services (Forbes)

Check Out the 2016 Business Travel Award Winners (FOX News)

Elon Musk wants to solve traffic congestion with self-driving buses (CNBC)

Fed seen holding rates this week with hike still on horizon (Reuters)

Ford pays $200,000 to check out a Tesla Model X (Automotive News)

KBB Aims to Change Image With New Marketing Campaign (Auto Dealer Monthly)

Schwartz & team tackle ‘whole ecosystem’ of car-buying (Auto Remarketing)

The potential problem with record U.S. auto sales (CBS News)

-AEA Reminder-

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Have a great week,

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