Top Automotive Industry News for Week of April 27 - May 3, 2015

Here is the most important news associated with the automotive industry identified by the AEA for the week of April 27, 2015 - May 3, 2015.

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

-AEA Membership News-

SAVE THE DATE! The next AEA Member Reception will be held in Las Vegas on Tuesday October 20th, 2015 at the Lily Bar & Lounge in the Bellagio. More details and your AEA Member RSVP invitation will be sent out soon!

-Automotive Manufacturing News-

Apple Watch Delay Means Auto Apps Idling (The Detroit Bureau)

Aston Martin announces $306M in funding to build DBX, 'other new luxury vehicles' (autoblog)

Audi Just Invented Fuel Made From CO2 and Water (Time)

Chevrolet cuts price of new Volt plug-in car (USA Today)

Daimler Earnings Nearly Double on Strong Sales of New Mercedes Models (The Detroit Bureau)

Fiat Chrysler shares extend losses after CEO's consolidation call (Reuters)

Ford SYNC System Will Integrate With Both CarPlay and Android Auto (DrivingSales)

Ford's Q1 earnings slip 7%, missing Wall St. estimates (USA Today)

GM to invest $5.4B in U.S., Michigan plants (Detroit News)

Holograms Could Bring Videogame-Like Navigation to Your Car (WIRED)

Honda sees 43% lower fiscal Q4 profit due to recalls (USA Today)

Marchionne on consolidation: 'Something needs to give' (Detroit News)

Obama to Detroit: Build more fuel-efficient vehicles (The Detroit News)

Tesla expands into batteries for homes (USA Today)

Toyota offering $4.2 billion in stock to fund Mirai, new hybrids (autoblog)

Volkswagen Reports Strong First Quarter As It Seeks To Recover From Piech Showdown (Forbes)

With LED Lights, Automakers Reveal All the Road We Cannot See (New York Times)

-Automotive Retail News-

April auto sales could hit highest in decade (USA Today)

Auto Dealer CarMax Speeds Past Q4 Earnings Views (Nasdaq)

Auto Dealerships On Right Road But Not There Yet, Study Says (Wards Auto)

AutoNation To Give Away $10 Million Dollars (DrivingSales)

Credit Unions Now Third Largest Auto Lender Type, CUDL Reports (Auto Dealer Monthly)

Chrysler Sales Riding on Jeep (24/7 Wall Street)

Forecasters Expect Best April U.S. Auto Sales In A Decade (Forbes)

New-Car Transactions Up 2.6 Percent in April (Ratchet and Wrench)

Public dealerships plan for growth (Automotive News)

Putting F&I Online Increases Profits, MakeMyDeal Finds (F&I Showroom)

Small, Midsize SUVs Drive April US Auto Sales Gains (New York Times)

Strong April auto sales on demand for trucks, SUVs (Detroit Free Press)

Tesla Officially Launches CPO Program (Vehicle Remarketing)

What influences the purchasing decisions of today’s car buyers the most? (CBT News)

Winners and losers in April 2015 new car sales (Auto Week)

Worldwide, Nissan Leaf has outsold next two competitors combined (autoblog)

-Automotive Wholesale News-

Auction Direct to Start Selling NIADA CPO Vehicles (Auto Remarketing)

Manheim Expands Mobile Auction Network (Vehicle Remarketing)

Small Used Cars Selling Well, Auctions Report Buyer Slowdown (Vehicle Remarketing)

What CPO Shoppers Value (Auto Remarketing)

-Automotive Ownership News-

Almost Half of U.S. Vehicles Aren't Covered Under Existing Safety Regulations (Ratchet and Wrench)

Apple files patent for 'humanized' navigation system (autoblog)

Cost of Owning Vehicle Down, Maintenance Up (Ratchet and Wrench)

Don't ignore your air bag recall (Detroit Free Press)

La-La Land: California leads in car thefts with keys inside (USA Today)

-Automotive Enthusiast News-

He's sold boxing champ Floyd Mayweather 39 cars, and counting (Automotive News)

-Automotive Servicing News-

2014 Ford Fusion recalled two times in a week (CNN)

AutoNation Express Expands to 84 Dealerships (Ratchet and Wrench)

Auto Safety Regulator Pledges to Get Tough on Slow-Moving Recalls (New York Times)

Ford recalls 600K vehicles as NHTSA ramps up scrutiny (USA Today)

GM ignition switches now linked to 90 deaths, 163 total injuries (autoblog)

India auto parts supplier to invest $31.9M in Detroit (Detroit News)

Seeking answers on getting recalled cars fixed quickly (CNBC)

The unsolved mystery of the exploding air bags (Detroit Free Press)

-General Business & Executive News-

Ally Financial, Aston Martin Form Partnership (Wards Auto)

Ally to Replace Mitsubishi’s Captive Finance Arm (Auto Dealer Monthly)

Audi Launches On Demand Car Service (Forbes)

Consumer sentiment at 2nd highest level since 2007 (CNBC)

Consumer Spending Ends Sluggish U.S. Quarter on Better Note (Bloomberg)

François Michelin, Head of Tire Company, Dies at 88 (NY Times)

LinkedIn's billionaire founder explains how to keep your best employees from quitting (Business Insider)

Senate approves auto industry whistle-blower bill (The Detroit News)

Texas DMV Halts Plan to Fine Dealers with CarGurus Listings (Auto Dealer Monthly)

The Future of Advertising: Farewell, Mass Marketing (WSJ)

The Latest On Google’s Mobile-Friendly Algorithm (DrivingSales)

Volkswagen Fills Vacant Board Seats With Ex-Chairman’s Nieces (Bloomberg)

Why Piech's departure is bad for the industry (Automotive News)

-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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