Top Automotive Industry News for Week of August 14 - August 20, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week August 14, 2017 - August 20, 2017.

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

-AEA Membership News-

The next AEA Members Reception will be held from 6:00pm to 8:45pm on Tuesday October 24th, in Las Vegas. Invitations have been sent to all current AEA Members. If you did not receive your email invitation, please contact Member Services.

-Automotive Manufacturing News-

007's Family Cars? Aston Martin Is Planning Both A Wagon And An SUV (Forbes)

An inside look at Ford’s $1 billion bet on Argo AI (CNBC)

China's Guangzhou Automobile says no plan to buy Fiat Chrysler (Reuters)

End of Economic Councils Pose Trouble for Auto Industry (The Detroit Bureau)

Ford to pay $10.1 million to settle sexual, racial harassment charges (Detroit Free Press)

Hyundai reveals new hydrogen fuel cell SUV with 360-mile range (USA Today)

Japan is looking at making auto parts out of wood (CNBC)

Marchionne Fuels The Inevitable Breakup Of Fiat Chrysler (Forbes)

McLaren said to be developing an all-electric hypercar (autoblog)

NAFTA renegotiation could affect supply chains, raise costs—or end the deal entirely (CNBC)

Nine Automakers Sitting Out Frankfurt Motor Show (The Detroit Bureau)

Peugeot And Fiat Have Been Hot Performers, But German Carmaker Shares Looks Good For

Road Ahead (Forbes)

Shell of old GM surfaces in court fight over ignition flaw (CNBC)

The Internal Combustion Engine Is Not Dead Yet (The New York Times)

This is what happens when Lamborghini takes its most expensive model to a new extreme (CNBC)

Top 10 Automakers For June 2017: Volkswagen Reigns And Notion Of 'Peak Car' Takes A Hit (Forbes)

U.S. reconsiders 54.5 MPG Standard (DrivingSales)

VW to reveal more details on EV microbus, source says (Automotive News)

With code name, how Toyota-Mazda set off secret race for 4,000-job plant (USA Today)

-Automotive Evolution News-

Apple has an idea for car sensors that could drastically reduce crashes (CNBC)

FCA takes different path to self-driving future than Ford, GM (Detroit Free Press)

Fiat Chrysler joins BMW, Intel self-driving car alliance (USA Today)

Ford Patent Shows How Autonomous Car’s Steering Wheel, Pedals Could Fold Away (The Detriot Bureau)

How Elon Musk and cheap oil doomed natural gas cars (The Detroit News)

Rider interaction with automated cars under study ( (The Detroit News)

Robots won't be taking over the road anytime soon, Ford CEO says (Automotive News)

Toyota launches new software designed to enable dealers to launch car share programs (CBT News)

-Automotive Retail News-

Car-buying events effective sourcing strategy for AutoNation USA (Auto Remarketing)

Carvana Expands Into Two More Tennessee Cities (Vehicle Remarketing)

Carvana posts $39 million Q2 loss as business expands (Automotive News)

F&I Think Tank: Opening Session to Focus on Auto Finance's Cool-Down (Auto Dealer Monthly)

Franchised dealer count steady; Texas shows most gains (Auto Remarketing)

Lease Credit Approvals Fall 14.5% From June (Vehicle Remarketing)

Role of auctions in Penske’s standalone store strategy (Auto Remarketing)

Swapalease: Lease Credit Approvals Fall in July (Auto Dealer Monthly)

Tesla Dominates The U.S. Electric Vehicle Market (Forbes)

Tesla expands used car business online with inventories on Autotrader and (Electrek)

Virtual Reality – 70% Would Choose A Retailer Site With It Over One Without (DrivingSales)

-Automotive Wholesale News-

J.D. Power to Offer Used Vehicle Price Index (Vehicle Remarketing)

July price movements follow historical trends (Auto Remarketing)

Late-model auction volume down in July, but still up from 2016 (Auto Remarketing)

Manheim Improves Vehicle Valuation Tool (Vehicle Remarketing)

Weekly Wholesale Car Values Fall Sharply (Vehicle Remarketing)

-Automotive Ownership News-

A Deep Flaw In Your Car Lets Hackers Shut Down Safety Features (Wired)

Household Debt Hits Record as Auto Loans and Credit Cards Climb (Fox Business)

Toyota Takes on Teen Driving With 'Embarrassing Playlist' App (

-Automotive Enthusiast News-

Dream Cruise panel: Millennials must drive us to future (The Detroit News)

Dream On! Woodward Dream Cruise Brings Back Memories (The Detroit Bureau)

Ford GT Heritage Edition Celebrates ’67 Le Mans Victory (Car & Driver)

The five most expensive cars on auction at Pebble Beach (CNBC)

The new DeLorean is all about flying cars (TechCrunch)

-Automotive Servicing News-

Dealership Fixed Ops Outmuscle But Don’t Outhustle Competitors (Ward’s Auto)

Mazda Adds Nearly 80,000 SUVs, Sedans for Takata Fix (

-General Business & Executive News-

Cox Confirms Impending Layoffs (DrivingSales)

Cox sheds staff through layoffs, retirements (Automotive News)

Credit Desk Becomes Auto Lenders’ Secret Weapon for Driving Dealer Satisfaction, J.D. Power Finds (J.D. Power)

Facebook opens up its Craigslist-like section to retailers (Engadget)

Frankfurt, other big auto shows struggle as brands shift investment (Automotive News)

Howes: CEOs bolt Trump panels, delivering sharp rebuke (The Detroit News)

KPA Acquires Automotive Compliance Consultants (Auto Dealer Monthly)

Lithia Motors and DCH Auto Group’s Partnership Leads to A New Minority Dealership

Investment Initiative (CBT News)

President Trump on “Collision Course” With Auto Industry (DrivingSales)

Surge in Expectations Drives Gain in U.S. Consumer Sentiment (Bloomberg)

-AEA Reminder-

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Have a great week,

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