Top Automotive Industry News for Week of August 8 - August 14, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week August 8, 2016 - August 14, 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 within the next few weeks.

-Automotive Manufacturing News-

A New Wireless Hack Can Unlock 100 Million Volkswagens (Wired)

Another Tesla Autopilot crash, this time in China (LA Times)

Autonomous Vehicle Expected to be $560B Industry (The Detroit Bureau)

Fisker successor Karma shows its first model (USA Today)

Ford gets $6M fuel cell research grant from Dept. of Energy (Detroit Free Press)

Honda, Chevy, BMW, Chrysler Olympics Ads Pay Off (Media Post)

Hyundai is bringing Apple CarPlay and Android Auto to some of its older cars (Business Insider)

Jaguar is the hottest car company in America (The Detroit News)

LeEco plans to build a $1.8 billion plant to take on Tesla (TechCrunch)

Lawyers in Volkswagen case seek up to $332.5 million in fees, costs (Reuters)

Mercedes Teases New Maybach Coupe Concept (The Detroit Bureau)

Millions of cars' keyless entry systems can be hacked, security experts find (LA Times)

Tesla Motors discloses $1.1 billion in third-quarter cash needs (CNBC)

Tesla's Autopilot system is reportedly getting more sensors (The Verge)

The Superglue Diet: How to Make a Lighter, Fuel-Sipping Car (The New York Times)

This Weeks OEM Headlines (CBT News)

Toyota to spend $22M at UM for autonomous car research (The Detroit News)

VW's Audi posts 2.3 percent rise in July sales (Reuters)

VW gets approval for another 460,000 diesel-car fixes (Reuters)

What happens when Cadillac takes on BMW? (The Verge)

Why Turnover At Google's Self-Driving Car Unit May Be A Positive Sign (Forbes)

-Automotive Retail News-

[Infographic] 50 Features Your Dealership Should Consider Having on Its Website (DrivingSales)

Asbury offers 100% online car-buying via Drive Motors (Auto Remarketing)

CarStory Launches VDP Deep Linking (Dealer Marketing)

Consumers Believe Dealerships Are Unethical, Survey Shows (Auto Dealer Monthly)

CU Direct's credit union network leads loan growth (Automotive News)

Dealership throughput forecast to drop (Automotive News)

FTC Says Some VW Dealers Are Misleading Diesel Owners About Buyback Deal (Auto Dealer Monthly)

Karma Automotive Plans To Include Dealerships In Its Distribution Strategy (DrivingSales)

Luxury Auto Brands Are Trying to Hook Potential Customers With Driver 'Experiences' (AdWeek)

TrueCar provides update on Dealer Pledge (Auto Remarketing)

Used Truck Market Stable, NADA Guide Says (Vehicle Remarketing)

When it comes to retained value, orange leads the pack (Auto Remarketing)

-Automotive Wholesale News-

Auction volume slows from hot start to year, but still up 6% (Auto Remarketing)

Depreciation in Most Segments Improves in July (Vehicle Remarketing)

July depreciation ties June for biggest drop in 2016 (Auto Remarketing)

Kontos: Wholesale Pricing Rises 4.9% in July (Vehicle Remarketing)

-Automotive Ownership News-

Commuters waste a full week in traffic each year (CNBC)

The Worst Countries In The World For Drunk Driving [Infographic] (Forbes)

The Cheapest And Costliest Places To Rent A Car (Forbes)

-Automotive Enthusiast News-

Ahead of top Ferrari auction, is the classic car market decelerating? (CNBC)

Several famous cars will be auctioned off Sotheby's in London (USA Today)

The Rise of the Collectible Car (The Street)

Matt LeBlanc Will Be The Face Of Top Gear Next Season: Report (Jalopnik)

-Automotive Servicing News-

2nd airbag manufacturer in spotlight over ruptures (Auto Remarketing)

Auto safety chief hits America's hot roads to push recall repairs (Reuters)

Toyota changes recall fixes for 337,000 RAV4, Lexus HS250h vehicles (Automotive News)

-General Business & Executive News-

Car auction firm Cox Automotive expands in Australia (The Australian)

Cox Automotive: A 'house of brands' becomes a retail powerhouse (Automotive News)

Cox Automotive Names Brian Geitner President Of Media Solutions Group (Rowe Departing) (PR Newswire)

Facebook Blocks Ad Blockers, but It Strives to Make Ads More Relevant (NY Times)

GM expressed interest in buying Lyft, but Lyft declined (TechCrunch)

Marketing Of Self-Driving Cars Still Faces A Bumpy Road (MediaPost)

Michigan owns Tesla stock despite sales ban, report says (Automotive News)

Move over, phones. Cars are becoming the new mobile target for marketers (MarketingLand)

Online Used Car Startup Carvana Secures $160 Million In New Funding (DrivingSales)

The Startup That Could Help GM Beat Google to the Self-Driving Car (WIRED)

Weak U.S. retail sales, inflation data dim prospect of Fed rate hike (Reuters)

Why the Auto Industry Is in Trouble (F, GM, TM) (U.S. News & World Report)

-AEA Reminder-

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Have a great week,

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