Top Automotive Industry News for Week of August 12 - August 18, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of August 12, 2019 - August 18, 2019.

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

-Automotive Manufacturing News-

BMW's new CEO urges staff to narrow sales gap with Mercedes (Automotive News)

BMW Cuts The Cord In Wireless EV Charging Pilot Program (Forbes)

Bronco, Mustang-inspired EV to lead Ford’s new product line in 2020 (CNBC)

Bugatti reveals its most powerful supercar yet: The $10 million Centodieci (CNBC)

Detroit automakers face 'time of reckoning' in China (The Detroit News)

FCA Racing Ahead on Construction of New Detroit Plant (The Detroit Bureau)

Ferrari will expand its lineup of road cars, but not too much (Yahoo)

Ford Extends Warranty on More Focus, Fiesta Transmissions (Cars.com)

Ford warns its upcoming Rivian-based EV won't necessarily be a pickup (autoblog)

GM, Ford planning for possible economic downturn: executives (Reuters)

McLaren reveals that its next Ultimate Series car is indeed a roadster (autoblog)

Porsche Just Set A New Standard For Hybrid SUVs (Forbes)

Tesla’s ‘worrisome’ turnover is more extreme among those close to Elon Musk (The Detroit News)

U.S. judge urges VW, SEC to resolve civil Dieselgate suit (Reuters)

-Automotive Evolution News-

Robot cars drive forward without clear direction from Washington (The Detroit News)

The Moral Imperative Of Self-Driving Cars (Forbes)

UPS Joins Self-Driving Race By Investing In Autonomous Tech Startup TuSimple (Forbes)

-Automotive Retail News-

Auto Lenders Relaxing Requirements for Subprime Borrowers (The Detroit Bureau)

Car-crazy Californians slow their purchases of new vehicles (CNBC)

Car dealership Lookers sees more costs to fix problems related to sales practices (Reuters)

Car prices are approaching $40,000, but here are 4 reasons why relief may be in sight (USA Today)

Car Retailing Study Finds Tech Solutions To Age-Old Problems (Forbes)

Carvana Unveils First Vending Machine in California (Vehicle Remarketing)

CPO gains some year-over-year steam to start 2nd half (Auto Remarketing)

Survey: Youngest Car Buyers Visit Most Dealerships (Auto Dealer Today)

Telsa's Model 3 Is Almost Outselling Toyota's Camry In California - Is This An Indicator Of The Future In The US Overall? (Auto Spies)

-Automotive Wholesale News-

Lane watch: Upbeat dealers lift auction activity (Auto Remarketing)

Vans, Pickups, and Compact Cars Outperformed Average Wholesale Market (Vehicle Remarketing)

-Automotive Enthusiast News-

$17 million or $70 million? 1930s Porsche fails to sell after auction snafu (CNN)

Sotheby’s to auction ‘world’s first Porsche’ for $20 million, but the automaker says it’s not a Porsche (CNBC)

Steve McQueen's Meyers Manx Is Going up for Auction, but C/D Was There First (Car and Driver)

The Coolest Cars at Monterey Car Week 2019 (Cars.com)

The richest car sale of the year: $380 million of wheels set for auction at Pebble Beach (CNBC)

-Automotive Servicing News-

Ford to recall over 108,000 vehicles, including Fusions and Lincoln MKZs (MarketWatch)

The car mechanic trade is dying. Who will fix our high-tech cars? (Sun Sentinel)

The Fight Over the Right to Repair Rages On (How Stuff Works)

-General Business & Executive News-

Equifax notices 2 patterns forming in auto finance (Auto Remarketing)

Fear Factor for U.S. Consumer Is Rising, Fueling Recession Risk (Bloomberg)

The great electric car race is just beginning (CNN)

-AEA Reminder-

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