Top Automotive Industry News for Week of August 29 - September 4, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week August 29, 2016 - September 4, 2016.

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

-AEA Membership News-

Save the date: The next AEA Reception will be held in Las Vegas on Tuesday, October 25th, 2016 from 6pm – 9pm. More details and member invitations will be sent this week.

-Automotive Manufacturing News-

Automakers Improve Child Safety Restraints (The Detroit Bureau)

Big Carmakers Merge, Cautiously, Into the Self-Driving Lane (The New York Times)

Cadillac vows no retreat on Project Pinnacle (Automotive News)

California's zero-emission vehicle program is stuck in neutral (Reuters)

Dieselgate Reaches Fiat Chrysler: Proof Of Defeat Devices Exists, German Government Says (Forbes)

Feds investigating FCA sales fraud focusing on strange code word (autoblog)

Ford Motor says U.S. auto sales to weaken further in 2017 (Reuters)

Henrik Fisker Secretly Working On Electric Car And Battery Technology (Top Speed)

Forget the Model 3 — Tesla needs to hurry up and make the Model Y (Business Insider)

Japan Raids Mitsubishi Motors Over Mileage-Cheating Scandal (Time)

Lamborghini Pivots to Target Women and Families (Bloomberg)

Marchionne Pushing for FCA Manufacturing Revival (The Detroit Bureau)

Mercedes to transform cars into roving parking space finders (Automotive News)

Musk's bad day: Explosion + stock drops by Tesla, SolarCity = $390 million loss (CNBC)

Nvidia partners with Baidu to build a self-driving car AI (The Verge)

Self-Driving Vehicles To Be Produced By 3-D Printing (MediaPost)

Tesla to raise additional capital in 2016 (USA Today)

UAW Triumphs Over VW with NLRB Ruling (The Detroit Bureau)

Why Tesla's Cash Crunch May Be Worse Than You Think (Fortune)

-Automotive Retail News-

America is turning away from cars (CNBC)

Audi, Subaru, Volvo See U.S. Monthly Sales Rise Despite Market Downturn (Fortune)

August US auto sales down; carmakers say industry has peaked (CNBC)

Big Decline in U.S. Auto Sales May Signal End of Six-Year Boom (NY Times)

BMW first to sell CarPlay as standalone service (TechCrunch)

Buying a Car in 2016: By the Numbers (Time)

CPO sales approach 1.8 million (Auto Remarketing)

Fiat Chrysler sales rose 3% - Jeep buoys company (Detroit Free Press)

Ford sales fell 8.8% in August - small car sales sink (Detroit Free Press)

Gas Prices Low, Truck Sales High (CBT News)

GM sales fell 5.2% in August - fewer incentives, fleet sales (Detroit Free Press)

Japanese automakers' car sales plunge in August (USA Today)

New car sales for August: Winners and losers (Autoweek)

Subaru Reports Record U.S. Sales In August 2016 With Industry’s Lowest Incentives As

Other Automakers Tumble (The Truth About Cars)

The rich are still buying lots of cars (CNN Money)

Trends in Leasing (CBT News)

U.S. auto sales fall back in August (USA Today)

Used-car prices rise slightly (Auto Remarketing)

Volkswagen to Offer New Models at Lower Prices, Residuals May Suffer (Auto Dealer Monthly)

-Automotive Wholesale News-

Role reversal for car, truck depreciation (Auto Remarketing)

-Automotive Ownership News-

Labor Day weekend fuel prices lowest since 2004 (autoblog)

More Americans Behind on Car Payments as Sales Near Peak (FOX Business)

VW Diesel Owners Quick to Pick Buyback Over Emissions Fix (Bloomberg)

With Traffic Deaths Up Most In 50 Years, This Is Shaping Up To Be A Deadly Labor Day Weekend (Forbes)

-Automotive Enthusiast News-

Aston Martin shifts beyond James Bond with boats, baby strollers (Automotive News)

Cars break record prices at RM Sotheby’s Monterey auction (The Detroit News)

-Automotive Servicing News-

Mazda says to recall 2.3 million vehicles worldwide (CNBC)

NHTSA Aims to Mandate Electronic Recall Notices (Cars.com News)

-General Business & Executive News-

2016 Dealership Buy/Sell Report (DrivingSales News)

40 Under 40: Our 2016 Honorees (Auto Remarketing)

Alphabet Expands Car-Pooling Project, Casting Shadow on Uber (The New York Times)

Autotrader now provides car listings for MSN Autos (Auto Remarketing)

Cars.com adds features to mobile app (Auto Remarketing)

Dealertrack and F&I Express expand relationship to help stores and finance companies (Auto Remarketing)

Email Most Preferred Media To Reach Millennials (MediaPost)

Facebook Will Soon Give Preference To Advertisers With Mobile-Optimized Websites (DrivingSales News)

Frazer and F&I Express Announce Partnership (Auto Dealer Monthly)

Is Tesla Motors getting into the car-insurance business? (autoblog)

Lyft reportedly declined GM’s $6 billion acquisition offer (The Verge)

Shrinking manufacturing activity surprise blow to economy, market shifts on Fed (CNBC)

Why Americans Are Spending More on Experiences vs Buying Stuff (Fortune)

-AEA Reminder-

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Have a great week,

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