Top Automotive Industry News for Week of April 25 - May 1, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week April 25, 2016 - May 1, 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)

Apple Car Unlikely to See Showroom Floor, Edison's Windsor Says (Bloomberg)

EPA orders Mitsubishi to conduct new vehicle testing (Reuters)

FCA beats estimates, earns $539M in 1Q as sales rise (Detroit Free Press)

Ford CEO confirms plans for long-range electric car (Detroit Free Press)

Ford quarterly profit more than doubles to $2.5 billion (USA Today)

Ford stock rises 3% after company beats 1Q expectations (MarketWatch)

General Motors Investing $900 Million in Plants (The Detroit Bureau)

Google talking to Fiat about tech partnership, blog says (USA Today)

Govt. ends Honda probe for failing to report deaths (Detroit Free Press)

Group 1 CEO says automakers need to cut production (Automotive News)

Jaguar's First SUV, The F-Pace, Fills Another Sales Gap (Forbes)

Karma Set to Build Renamed Battery Car in the U.S. (Detroit Free Press)

Mazda sees operating profit falling 25 percent this fiscal year (Retuers)

Minivans could be key to Google-FCA self-driving partnership (autoblog)

Mitsubishi Motors issues no earnings guidance amid mileage cheating scandal (CNBC)

Mitsubishi Says at Least Its U.S. Mileage Ratings Are Correct (Fortune)

Tesla planning cheaper EV that 'most people can afford' (Mashable)

Toyota RAV4 Hybrid Proves to Be the Most Fuel-Efficient SUV Ever Tested (ConsumerReports)

Unfair labor practices complaint filed against VW (The Detroit News)

Union says Volkswagen staff won't pay price for Dieselgate in wage talks (Reuters)

Volkswagen bill for repairs, buybacks: $8.8 billion (USA Today)

Volkswagen says may have to sell assets to pay for emissions scandal (Reuters)

Volkswagen Shares Slip But Investors Welcome Increased Dieselgate Clarity (Forbes)

VW Chief ‘Personally’ Apologized to Obama Over Cheating (The New York Times)

-Automotive Retail News-

Are women in the driving seat yet? (CNBC)

AutoNation CEO: Auto Sales Are ‘Flat’ Thus Far In 2016 (DrivingSales)

Cars so hot they’re out of stock (USA Today)

Consumers Want an Online Car-Buying Experience From Dealers, CDK Global Survey Shows (Auto Dealer Monthly)

Demand for Alternative Fuel Vehicles Dwindling (Auto Dealer Monthly)

Edmunds Predicts April Record for Industry Sales (Auto Dealer Monthly)

FCA names CarGurus as partner for CPO advertising (Auto Remarketing)

Group 1 lifts US pre-owned sales 6.7% (Auto Remarketing)

KBB Predicts Record Sales in April (Auto Dealer Monthly)

Low Fuel Prices Have Used-Vehicle Buyers Flocking to High-Performance Segments (Auto Dealer Monthly)

Millennials Interest in New Vehicles Rises with Technology Available (The Detroit Bureau)

Sporty Car Resale Values Surge, While Alt-Fuel Models Wither (Forbes)

Truck sales drive record results at Ford; shares surge (CNBC)

TrueCar sees April car sales rising 3.2%, boosted by early Easter (MarketWatch)

US Car Sales Expected to Rise 4%, Led by an 11% Surge by Nissan (24/7 Wall St)

Why are some Nissan dealers so unhappy? (Automotive News)

-Automotive Wholesale News-

KBB: Auction Values Decrease in Q1 (Vehicle Remarketing)

Manheim Adds Two-Way Texting Transaction Feature (Vehicle Remarketing)

Sporty Car Resale Values Surge, While Alt-Fuel Models Wither (Forbes)

Truck retention softer than 2015 readings (Auto Remarketing)

Used Truck, Full-Size Van Prices Weakening (Vehicle Remarketing)

-Automotive Ownership News-

Roof Racks Guzzled Over 100 Million Gallons of Gas Last Year (Cheat Sheet)

Texting and Driving? Watch Out for the Textalyzer (The New York Times)

-Automotive Enthusiast News-

Cars, cars, cars: The Beijing Auto Show 2016 (USA Today)

Rare $15M Ferrari given parking ticket during London photo shoot (CNBC)

Top Gear gets new companion show called Extra Gear (autoblog)

-Automotive Servicing News-

Ford recalls 202,000 F-150s, cars, and SUVs to fix transmission (CNBC)

Nissan Is Recalling 3.5 Million Cars Because of This Safety Scare (Time)

-General Business & Executive News-

CarMax's Brand Is Like Apple's 10 Years Ago (Forbes)

Cars no longer providing spark to economy (MarketWatch)

Dubai Pushing For Autonomous Transportation by 2030 (The Detroit Bureau)

ExxonMobil profits crash to lowest level since 1999 (CNNMoney)

Germany to Consider $1.3 Billion Electric Vehicle Sales Boost (WSJ)

Google, Ford, Uber launch coalition to further self-driving cars (Reuters)

If the economy springs back, jobs and auto sales will lead the way (MarketWatch)

Proposed Bills In Michigan Could Make Vehicle Hacking A Felony (DrivingSales)

Snapchat speed filter blamed for 107-MPH highway accident (CNNMoney)

The Intertwined Business Empire Of Elon Musk (DrivingSales)

TrueCar Surges as AutoNation Returns With Test at 55 Dealerships (Bloomberg)

Weak U.S. factory, consumer confidence data cloud growth outlook (Reuters)

-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

www.automotiveexecutives.com