Top Automotive Industry News for Week of December 16 - December 22, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of December 16, 2019 - December 22, 2019.

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

-AEA Membership News-

Remember to RSVP for the next AEA Members Reception which will be held on Saturday, February 15th, 2020 from 5:45pm-8:45pm, in Las Vegas during NADA weekend. Invitations have been sent to all current AEA Members. Annual AEA Member Dues renewal will occur on January 2nd, 2020. If you have any questions, please contact memberservices@automotiveexecutives.com

-Automotive Manufacturing News-

Amazon Buying So Many Commercial Vans, It's a Boom for Mercedes, FCA, and Ford (Car and Driver)

Apple, Mercedes, and Others Complain Patent Disputes Are Delaying Connected Cars (Car and Driver)

Artistic Rolls-Royce Phantom challenges the Cybertruck for 2019's most polarizing ride (autoblog)

Automakers to take a nearly $3 billion hit under USMCA, new report says (CNBC)

Fiat Chrysler and Peugeot are behind on electric and autonomous vehicles, but their $50 billion merger should help them catch up (CNBC)

Fiat Chrysler-Peugeot leaders sign binding commitment to merge (USA Today)

Fisker Ocean Making Formal Debut at CES (The Detroit Bureau)

Ford to add 3,000 jobs in the Detroit area, invest $1.45 billion (MarketWatch)

Ford’s electric Mustang crossover takes aim at Tesla, but some purists are furious (CNBC)

Fossil fuels and biodiesel were tax-break winners while solar and electric vehicles lost (MarketWatch)

Four Automakers May Have Yet More Defective Takata Air Bags (Forbes)

GM Asks NHTSA to Let It Run Cars with No Steering Wheel or Driver (Car and Driver)

Lucid Starts Taking $1,000 Deposits for its New Air EV (The Detroit Bureau)

Mercedes agrees to $13M US fine for recall reporting flaws (The Detroit News)

VW expects record profits from SUVs and cost cutting (autoblog)

-Automotive Evolution News-

Bosch develops A.I. system in cars to detect distracted, tired drivers (CNBC)

California now allows driverless truck and cargo van testing on public roads (CNBC)

Car-sharing once known as Car2Go is exiting North America, will live on overseas (autoblog)

Latest AI That ‘Learns’ On-The-Fly Is Raising Serious Concerns, Including For Self-Driving Cars (Forbes)

Let’s Not Get Too Excited By Self-Driving Truck Highway Stunts (Forbes)

-Automotive Retail News-

Alfa Romeo 4C, Cadillac ELR among worst selling cars of the decade (USA Today)

Chrysler discounts are biggest in a decade (Auto Finance News)

Ho Ho Ho! December New Vehicle Buyers Want SUVs, Luxury Cars (The Detroit Bureau)

NADA Predicts 1.2% Decline in 2020 New Car Sales (Auto Dealer Today)

Nissan and Turo partnership will let you really see if a car fits your lifestyle (CNet)

Sense of Urgency Pervades Q3 Dealership Acquisitions (Auto Dealer Today)

-Automotive Wholesale News-

Depreciation Remains High, Could Stabilize Soon (Vehicle Remarketing)

-Automotive Ownership News-

Report: Driver Assistance Systems Cause Distracted Driving (Auto Dealer Today)

Washington Post Hacked into a Chevy Volt to Show How Much Cars Are Spying on Their Owners (Car and Driver)

-Automotive Servicing News-

Ford recalls more than 600,000 Ford, Mercury, Lincoln cars after 15 crashes (USA Today)

GM recalls 814K pickups, cars to fix battery, brake problems (Detroit Free Press)

Judge awards former Ford Focus owners $23,000 for problem transmission (The Detroit News)

The Used Cars That Are The Most Reliable And Cheapest To Repair (Forbes)

-General Business & Executive News-

Autotrader Names Best New Automotive Technology for 2020 (AP News)

EBay to buy Cox Automotive Media Solutions to boost eBay Classifieds' Australian automotive platform (Biz Journals)

J.D. Power Acquires Trilogy Automotive (J.D. Power)

Super Bowl LIV: Tracking every ad for 2020’s big game (Marketing Dive)

Uber co-founder Travis Kalanick is on pace to sell his entire stake in the ride-hailing giant (CNBC)

US economic growth and consumer spending show resilience (AP News)

-AEA Reminder-

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Have a great week,

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