Top Automotive Industry News for Week of August 21 - August 27, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week August 21, 2017 - August 27, 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-

10 Breakthrough New-Car Features Coming For 2018 (Forbes)

Analysts Believe FCA Considering Selling Off Assets (The Detroit Bureau)

Audi Adopts Power-Based Naming Scheme (

Audi board to meet on Monday to reshuffle management: sources (Reuters)

Automakers Expected to See Sales Increase in August (The Detroit Bureau)

Detroit’s Big 3, Japan diverge on small cars (The Detroit News)

Engineer gets 40-month prison sentence in Volkswagen emissions scandal (Detroit Free Press)

Feds: Fiat Chrysler VP bribed UAW execs 'to take company friendly positions' (Detroit Free Press)

Fiat Chrysler's stock surges on report of Maserati spinoff, following successful Ferrari separation (CNBC)

Fiat Chrysler says will always evaluate deal inquiries (Reuters)

Fiat declines to comment on spinoff rumors (USA Today)

Ford exploring Chinese joint venture for EVs (The Detroit News)

Ford to offer incentives to scrap older cars (CNBC)

Great Wall Interest In FCA Cools, But A Takeover Action Is Still In The Cards (Forbes)

Hatchback Comeback (The Detroit Bureau)

Howes: Fifth time a charm? FCA’s on sales block, again (The Detroit News)

Hyundai Hopes First U.S. Pickup Will Help Reverse Sales Slide (Forbes)

McLaren may have to stick with Honda (Reuters)

Tesla workers worry about safety with Model 3 ramp up (The Detroit News)

What's a Geely? Who's Behind Great Wall? An Insider's Guide to Chinese Automakers (Forbes)

What happens to Fiat Chrysler if Chinese automaker Great Wall buys Jeep? (Detroit Free Press)

-Automotive Evolution News-

Apple focusing on self-driving technology, not building cars: report (MarketWatch)

Business models will drive the future of autonomous vehicles (TechCrunch)

Cities face host of problems in self-driving future (The Detroit News)

Detroit law firm forms self-driving car team (The Detroit News)

Ford Ramping Up Self-Driving Technology (DrivingSales)

Howes: Silicon Valley challenge driving Detroit changes (The Detroit News)

Policymakers Consider Taxing Self-Driving Vehicles (DrivingSales)

Tesla's 'long-haul' electric truck aims for 200 to 300 miles on a single charge (CNBC)

The US government’s self-driving car council has fallen apart under Trump (CNBC)

-Automotive Retail News-

August may produce year's first U.S. sales gain (Automotive News)

Dealers continue hunt for clean units (Auto Remarketing)

Edmunds: Good deals for car shoppers on Labor Day weekend (USA Today)

Forecast: U.S. Auto Market Continues Downward Trend in August (WardsAuto)

LotLinx Adds End-of-Month Sales Booster to VIN-Specific Product Suite (Auto Dealer Monthly)

Pearl Technology Releases Dynamic Payment Calculation Widget for Dealer Websites (Auto Dealer Monthly)

Swapalease: Q2 Dominated by SUVs, CUVs, Sports Cars (Auto Dealer Monthly)

Used-car sales picture for August, July (Auto Remarketing)

Vroom partners with company led by NBA owner (Auto Remarketing)

-Automotive Wholesale News-

Pebble Beach 2017: Final automobile auction numbers down from 2016 (LA Times)

Used-vehicle prices falling amid glut (Automotive News)

Wholesale Luxury SUV and Crossover Values Fall (Vehicle Remarketing)

-Automotive Ownership News-

How Much Does Car Ownership Cost in 2017? (

Millennials are moving to the ’burbs, buying big SUVs (The Detroit News)

New report shows how many accidents, injuries collision avoidance systems prevent (CNBC)

New Vehicles Costing Americans Additional $706 a Month (The Detroit Bureau)

There is a ton of people who still don't want to ride in self-driving cars, says survey (CNBC)

Used electric cars: the best bang for your buck? (USA Today)

-Automotive Enthusiast News-

Hagerty Launches DriveShare for Classic Car Rentals (

Here’s how much the value of your car increases just because you’re famous (CNBC)

Our Favorite Cars at the 2017 Pebble Beach Concours d’Elegance (Car & Driver)

Tesla Model X beats Lamborghini and sets new record in drag race (CNBC)

The 10 Most Expensive Cars Sold at Monterey Car Week 2017 (Road & Track)

The most expensive Porsche ever sold fetches $14 million at Pebble Beach (CNBC)

-Automotive Servicing News-

Auto repairs pad U.S. dealerships' revenue amid new-car sales slump (Automotive News)

Dodge Challenger Recall: With 707 Horsepower, It's A Good Idea To Keep The Oil In The Engine (Forbes)

GM: Dealers Must Disclose Non-GM Parts, Service Contracts (Auto Dealer Monthly)

GM says small number of Chevy Bolts face battery issue (CNBC)

How a dangerous Takata air bag made its way into a used car (LA Times)

-General Business & Executive News-

Asbury Automotive Group Inc announces CEO succession plan (Reuters)

Auto Dealers Dogged by ‘Boys Club’ Showrooms That Cost Them Sales (Bloomberg)

Auto industry braces as Hurricane Harvey hits Texas as Category 4. (Automotive News)

AutoFi Raises $10 Million Series A To Make It Easier To Get A Car Loan (Forbes)

Fastlane Launches Online Car-Buying Platform (Auto Dealer Monthly)

Finalists Announced for 2017 F&I Digital Media Awards (F&I Magazine)

Former KBB CEO joins board at Vast (Auto Remarketing)

Rise in U.S. business spending bolsters economic outlook (Reuters)

Uber Chooses Expedia's Chief as CEO, Ending Contentious Search (NY Times)

-AEA Reminder-

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Have a great week,

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