Top Automotive Industry News for Week of August 24 - August 30, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of August 24, 2020 - August 30, 2020.

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

-Automotive Manufacturing News-

Fiat Chrysler, led by Ram, leapfrogs Ford in customer satisfaction; GM drops in survey (Detroit Free Press)

Ford and Fiat Chrysler remain under federal investigation in union corruption probe (CNBC)

Ford wants employees to sign COVID-19 contracts (Detroit Free Press)

Future of Jeep to be unveiled next week with hybrid electric Wrangler and Grand Wagoneer SUVs (CNBC)

General Motors uses salaried employees to keep Missouri plant open as assembly line workers call out sick due to coronavirus (CNBC)

Honda agrees to pay Michigan $2.1 million in settlement for faulty airbags (The Detroit News)

Honda goes small with first mass-produced all-electric car (Reuters)

Honda reaches $85 million settlement over airbags with 48 states (Detroit Free press)

Japan automakers post 12% slide in July global vehicle sales (Reuters)

Second ex-United Auto Workers president charged with embezzling union funds (CNBC)

Tesla shares surge to another record high (autoblog)

U.S. gives automakers at least six more months to meet 'quiet car' rules (Reuters)

Volvo's Polestar 2 is the conservative Tesla Model 3 (The Detroit News)

-Automotive Evolution News-

Amazon orders 1,800 electric vans from Mercedes for deliveries (CNBC)

Bosch, Ford Unveil Automated Valet Parking System (Forbes)

California approves largest ever utility program to expand EV charging (Reuters)

EV startup Bollinger plans electric delivery van in 2022 (Reuters)

Porsche Drive subscription program adds more affordable single-car tier (CNet)

Robotaxi Startup Voyage Loads Self-Driving Vans With Coronavirus-Killing Tech (Forbes)

-Automotive Retail News-

Car Sales Recovery Will Continue Slowly, Analysts Believe (The Detroit Bureau)

COVID-19 Market Update (Auto Dealer Today)

It's a great time to be a car dealer — but not so hot for buyers (Axios)

TrueCar’s ALG Forecasts New Vehicle Sales Continue to Bounce Back with Used Vehicle Sales Up Year-Over-Year for August 2020 (Newswire)

VW Hopes New Online Effort Will Spark EV Interest, Buying (Wards Auto)

-Automotive Wholesale News-

KAR Global watches wholesale prices climb again in July (Auto Remarketing)

-Automotive Servicing News-

NHTSA's New SaferCar App Aims to Stop Deadly Recall Notification Delays (Consumer Reports)

-General Business & Executive News-

AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases (BusinessWire)

AutoNation offers free weekly vehicle sanitization for teachers (Auto Remarketing)

Automotive Titling Corp. Launches Granular Fees API - Providing the Auto Industry Unprecedented, First-of-Its-Kind DMV Granularity (PR)

CarGurus Announces Global Lending Services as New Lending Partner to Its Financing Platform (Newswire)

Cox Automotive Sends $126 Million US Media Account to Hearts & Science (AdWeek)

COVID-19 Could Change Commuting Forever; Results Aren’t What You’d Guess (Forbes)

U.S. consumer spending rises strongly; outlook uncertain as fiscal stimulus fades (Reuters)

-AEA Reminder-

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Have a great week,

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