Top Automotive Industry News for Week of December 14 - December 20, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of December 14, 2020 – December 20, 2020.

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

-Automotive Executives Association (AEA) News-

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-Automotive Manufacturing News-

EV start-up Canoo unveils new vehicle ahead of Nasdaq debut (CNBC)

FCA CEO Mike Manley to lead Americas operations for newly formed Stellantis (Detroit News)

General Motors and Ford won’t mandate Covid-19 vaccinations for employees (CNBC)

Hyundai Begins Rolling Out N Line, N Sub-brand (Wards)

Hyundai Motor nominates Genesis head as new co-CEO (Reuters)

NACTOY Names Finalists for Car, Truck Utility of the Year (Detroit Bureau)

Tesla shares jump to record high ahead of S&P 500 debut (Reuters)

Toyota Doubles Down on Fuel Cells With Redesigned ’21 Mirai (Wards)

-Automotive Retail News-

Auto Dealership Buy/Sell Market Continued to Soar in Q3 (Auto Dealer Today)

Car Sales Holding on Through Surging Pandemic, Analysts Note (Detroit Breua)

Consumer Interest in Online Vehicle Shopping and Delivery Peaks in TrueCar’s Latest COVID-19 Vehicle Shopping Study (Globe Newswire)

COVID-19 Market Insights (Black Book)

GMC dealers have to spend thousands to sell new Hummer all-electric pickup (Detroit Free Press)

Kia Claims Top Spot on Most-Seen Auto Ads Chart (Wards)

vAuto and Ford Credit Collaborate to Connect the Right Dealership with the Right Off-Lease Inventory Faster (Auto Dealer Today)

Why cheap cars are disappearing from dealer showrooms (CNBC)

-Automotive Servicing News-

Honda Recalling Nearly 1.4 Million Vehicles in U.S. (Detroit Bureau)

Mitsubishi Tops List of Brands Least Likely to Have Check Engine Light On (Detroit Bureau)

-General Business & Executive News-

Auto industry wants more government support for electric vehicles (CNBC)

Biden Likely to Promote EVs, Boost Reshoring (Wards)

Credit Karma Launches Karma Drive, a Simple Way to Qualify for an Auto Insurance Discount in as Few as 30 days (BusinessWire)

Former AutoNation CEO Cheryl Miller named CFO of JM Family Enterprises (Biz Journals)

GM leads $23 million investment in on-demand vehicle maintenance service Yoshi (CNBC)

Online Automotive Retailer Vroom to Acquire CarStory (Globe Newswire)

The Biggest Car News of 2020, from COVID-19 to Revived Trucks (Car and Driver)

VINData Products LLC Launches New Vehicle History Report And Data Services (PR Newswire)

What Buttigieg’s Nomination to Transportation Secretary Means for Cars (Car and Driver)

-AEA Reminder-

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Have a great week,

Automotive Executives Association

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com