Top Automotive Industry News for Week of August 28 - September 3, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week August 28, 2017 - September 3, 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-

Audi reshuffles management board amid emissions scandal (Fox Business)

Auto sales fall 11% for FCA, 2.1% for Ford but rise 7.5% for GM after Harvey hits (Detroit Free Press)

Bentley's new 12-cylinder touring beast hits 207 mph (USA Today)

Bentley Bentayga Owns The Super-Luxury SUV Market, But Maybe Not For Long (Forbes)

BMW softens electric i3 city car’s boxy look (The Detroit News)

GM, Toyota sales rise; Ford, FCA, Nissan, Honda slip in August (Automotive News)

GM's US auto sales rise 7.5% in August; Ford's dip 2.1% (CNBC)

Honda reaches $605 million U.S. settlement over Takata air bags (Reuters)

Labor board says Tesla interfered with employee union organizing (USA Today)

Marchionne Merger Mission: FCA Chief in Search of Merger Partner (DrivingSales)

Porsche cars now 'see' 1.8-miles down the road (Detroit Free Press)

Shares rise as automakers look to replace Houston's drowned cars (Reuters)

Study: Entry luxury sedans interest up (Auto Remarketing)

Study: US car buyers’ satisfaction with domestic brands drops (Auto Remarketing)

Tesla's Model 3 Is Off And Running; Will Lack Of Money Short Circuit Its Sales? (Forbes)

Toyota aims to shed stodgy image with sedan, crossover (The Detroit News)

Volvo's New Plug-In Hybrid SUV Is The Next Step Toward Electrifying Its Lineup (Forbes)

VW Planning 10-Year Comeback for the U.S. (The Detroit Bureau)

VW Microbus Van Going Into Production (DrivingSales)

-Automotive Evolution News-

Autonomous car legislation heads to US House for vote next Wednesday (autoblog)

Cummins Beats Tesla To The Punch, Unveiling Heavy Duty Electric Truck (Forbes)

Domino’s and Ford will test self-driving pizza delivery cars (CNBC)

Funding for $3-billion electric car rebate bill is up in the air (LA Times)

Qualcomm develops new chips for wireless vehicle communications (Automotive News)

Samsung secures self-driving car permit in California (CNBC)

-Automotive Retail News-

Auctions & dealers scramble as Harvey soaks Texas (Auto Remarketing)

Auto Lenders Dial Back On Subprime Loans In Q2 (Forbes)

AutoNation CEO expects snapback in car sales after Harvey because 'that's the American way' (CNBC)

AutoNation signs off on $250M share repurchase (Auto Remarketing)

Dealership Buy/Sells Plateau in First Half (Auto Dealer Monthly)

Edmunds: How car shoppers can find the best 'American' cars (USA Today)

How North American CPO sales are faring this summer (Auto Remarketing)

Hurricane Harvey Reverses Car Sales Forecast, Delays First Year-over-Year Increase in 2017 (Fortune)

Hurricane Harvey weakens U.S. auto sales until vehicles can be replaced (USA Today)

Labor Day car deals abound as dealers seek to move inventory (CNBC)

Millennials like buying cars after all, report says (USA Today)

NADA emergency fund running dry (Automotive News)

Storm Has Car Dealers Doing Swift Business, if They Can Open (The New York Times)

Texas ports reopening, resume vehicle shipments (Automotive News)

-Automotive Wholesale News-

Cox Automotive: Value of Harvey-damaged vehicles could reach nearly $5 billion (Auto Remarketing)

Depreciation Slows for Trucks and Accelerates for Cars (Vehicle Remarketing)

What sold, and what didn't, at California's car auctions (The Detroit News)

Wholesale Luxury SUV and Crossover Values Fall (Vehicle Remarketing)

-Automotive Ownership News-

As Holiday Weekend Driving Begins, Safety Groups Worry; States Graded For Best & Worst Laws (Forbes)

Gasoline prices surge as Harvey keeps refineries shut (autoblog)

Harvey may have wrecked up to 1M cars and trucks (USA Today)

Holiday Traffic Fatalities Expected to be Highest in Decade (The Detroit Bureau)

These are the most popular cars and trucks in every state (CNBC)

-Automotive Enthusiast News-

Million-dollar cars change hands at California car auctions (The Detroit News)

Rare Ferrari Daytona found after 40 years in Japanese barn (CNN)

-Automotive Servicing News-

A half-million flooded cars and trucks could be scrapped after Harvey (CNBC)

Auto Suppliers Feel The Pain When Automakers Cut Production (Forbes)

eBay Motors introduces online repair manuals (Auto Remarketing)

Ford recalls 143,000 vehicles in North America (Automotive News)

Volkswagen recalls 281,000 cars because engines can stall (CNBC)

-General Business & Executive News-

Car Owners Inundate Insurers With Claims After Hurricane Harvey (The New York Times)

DealerSocket CEO Retires; Replacement Named (DrivingSales)

Harvey’s Brutal Impact on Automotive (DrivingSales)

Jaguar Land Rover, Autotrader Support Armed Forces, Veterans (MediaPost)

Lyft claims biggest U.S. footprint. Uber is skeptical (USA Today)

Michigan takes aim at ‘crazy expensive’ auto insurance (The Detroit News)

NADA Mobilizes Emergency Relief Fund for Dealership Employees Impacted by Hurricane Harvey (Auto Dealer Monthly)

New Uber CEO promises change, sees IPO in 18-36 months (Reuters)

The Future of Driving Looks Awfully Tiny (Wired)

White House Orders Release of Strategic Reserves as Gas Prices Skyrocket (The Detroit Bureau)

-AEA Reminder-

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Have a great week,

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