Top Automotive Industry News for Week of December 12 - December 18, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week December 12, 2016 - December 18, 2016.

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

-AEA Membership News-

The next AEA Reception will be held in New Orleans on Friday, January 27th, 2017. All current AEA Members have been emailed their invitation, so please make sure you RSVP via the email link if you plan to attend. Contact memberservices@automotiveexecutives.com with any questions.

-Automotive Manufacturing News-

Apple quietly snaps up key hire from Porsche in latest bid for auto talent (CNBC)

BMW hopes IBM's Watson can make driver support more intuitive (CNet)

Continental Unveiling Fingerprint-Based Ignition System (The Detroit Bureau)

Elon Musk could benefit from Trump policies (CNN)

FTC: VW’s lost, destroyed phones justify more scrutiny (The Detroit News)

General Motors appeals ignition-switch ruling to Supreme Court (Detroit Free Press)

Genesis is serious about taking on BMW, Mercedes-Benz (USA Today)

Ghosn Hints At 'Substantial' CES Reveal, But Nissan Leaf's New Battery Could Disappoint At First (Forbes)

GM to invest $552M into 4 U.S. plants (The Detroit News)

GM will test self-driving cars in this Midwestern city (USA Today)

Google-Chrysler autonomous project will include ride-sharing (autoblog)

Google has reportedly stopped developing its own self-driving car (TechCrunch)

Inside The Turmoil At Faraday Future, The Startup That Wants To Beat Tesla (CNBC)

Lucid takes the wraps off its electric luxe-mobile (LA Times)

New Cars Could Be Required To 'Talk' To Each Other As Soon As 2020 (Forbes)

Payne: 10 best auto innovations of 2016 (The Detroit News)

Report: Google set to enter ride-sharing deal with FCA (Detroit Free Press)

Review: Hyundai's Genesis goes elite with luxurious G90 (USA Today)

The Roof Is Falling On Faraday Future (Topspeed)

Toyota Cautious For 2017, Could Remain World's Largest Automaker In 2016, Or Not (Forbes)

Toyota unlocks its engine technology, could sell to rivals (Automotive News)

Turns out renegotiating NAFTA could actually reduce US auto industry jobs (CNBC)

VW agrees to pay $200 million to offset US emissions (CNBC)

-Automotive Retail News-

AutoGravity Unveils Vehicle Financing App (Auto Dealer Monthly)

Average Vehicle Transaction Price Hits All-Time High in 2016, Reports Edmunds.com (Dealer Marketing)

Boosting Sales – The True Bottom Line of Every Marketing Automation Campaign (Driving Sales)

Five Good But Unloved Cars Selling At Big Discounts In December (Forbes)

Four-Cylinder Engines Are Now Driving New-Vehicle Sales (Forbes)

Gap Between What Buyers Want and Can Afford Widens (The Detroit Bureau)

Is the fate of the auto industry dependent on Millennials? (CBT News)

Subprime Borrowers, Expected Interest Rate Hikes to Drive Up Delinquency Rates in 2017 (Auto Dealer Monthly)

Subprime Car Buyers to Feel Fed's Rate Hike, Analyst Says (Auto Dealer Monthly)

The more CPO sales change, the more they stay the same (Auto Remarketing)

Trust in Salespeople Top Painpoint for Consumers, DealerSocket Reports (Auto Dealer Monthly)

Why should dealers be aware of digital retailing? (CBT News)

-Automotive Wholesale News-

Manheim, Maserati sign remarketing deal (Auto Remarketing)

NADAUCG: Wholesale Prices Fall More Than Expected in November (Auto Dealer Monthly)

Northeast: Holidays Dampen Auction Activity (Vehicle Remarketing)

OVE, DealShield promo aims to get dealers fresh inventory (Auto Remarketing)

-Automotive Ownership News-

California is the worst state for drivers (CNN)

Six technologies to watch in 2017 (Detroit Free Press)

Tesla introduces fee for lazy owners who leave their cars at Supercharger stations (TechCrunch)

-Automotive Enthusiast News-

Just Cool Cars: A genuine Ferrari police car (USA Today)

What we know so far about the 2017 Detroit auto show (MLive)

-Automotive Servicing News-

Mitsubishi recalls 50K SUVs due to rear hatches that can fall on people (CNBC)

NHTSA demands faster Takata air bag replacement (Auto Remarketing)

-General Business & Executive News-

CarMax, Asbury & West-Herr settle FTC charges over recalled units (Auto Remarketing)

Flat Auto Sales Raise Concerns Over Consumer Spending In The U.S. (DrivingSales)

Gee Automotive buys 16 Ron Tonkin Dealerships (Automotive News)

Google Releases Top Search Trends Lists For 2016 (DrivingSales)

Google’s self-driving car unit becomes Waymo (TechCrunch)

Mercedes-Benz's Croove is like Airbnb but for cars (Engadget)

State Farm, Allstate blame smart cars for insurance rate increases (Chicago Tribune)

Trump Appointments: Is A Step Back For Automotive Safety Looming? (Forbes)

Uber's making a big bet on business travel (CNBC)

Uber will keep testing self-driving cars in SF without a permit (Autoblog)

-AEA Reminder-

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Have a great week,

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