Top Automotive Industry News for Week of December 17 - December 23, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week of December 17, 2018 - December 23, 2018.

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

-AEA Membership News-

The next AEA Members Reception will be held on Thursday January 24th, 2019 in San Francio. Invitations have been sent to all current AEA Members. Annual AEA Member Dues renewal will occur on January 2 nd, 2019. If you have any questions, please contact memberservices@automotiveexecutives.com

-Automotive Manufacturing News--Automotive Manufacturing News-

Carlos Ghosn vows to 'restore my honor' in first remarks since arrest (autoblog)

Ford's New Truck-like Explorer SUV To Debut Jan. 9 Ahead Of Detroit Auto Show (Forbes)

General Motors hints it could negotiate a way to keep one or more plants open (CNBC)

German automakers BMW, Daimler stand to benefit the most if China cuts US auto tariffs (CNBC)

Ghosn Rearrested, Now Faces 20 Years in Prison (Forbes)

GM gets thousands of holiday letters about plant closings (Detroit Free Press)

IIHS Unveils Top Safety Pick Plus Models for 2019 (The Detroit Bureau)

In the Switch to Electric Vehicles, Expect a Few Giants to Crash (Bloomberg)

Jeep Wrangler plant uses rotisserie to crank out SUVs (Detroit Free Press)

Nissan to lay off 1,000 Mexican workers, citing market challenges (autoblog)

Tesla Survived Manufacturing Hell--Now Comes The Hard Part (Forbes)

UAW scandal sending union's ex-No. 2 in Fiat Chrysler Department to prison (Detroit Free Press)

-Automotive Evolution News-

Daimler, BMW Get U.S. Approval for Mobility Company (The Detroit Bureau)

How electric cars are slowly moving from niche to something 'people want to buy' (CNBC)

Laser Vision Upstart Luminar Reveals Self-Driving Tech Alliance With Audi's AID Unit (Forbes)

NHTSA Moves to Accelerate Autonomous Vehicle Petitions (The Detroit Bureau)

Self-driving bill hits dead end in U.S. Senate (The Detroit News)

The Year Of The Scooter: The Good, The Bad, And The Road Ahead (Forbes)

Uber's self-driving cars are back on the road, nine months after a fatal accident (CNBC)

Zoox Inc. Snags First California Permit To Transport Passengers In Self-Driving Cars (NPR)

-Automotive Retail News-

Beating Predictions, 2018 New Car Sales to Surpass 2017 Results (The Detroit Bureau)

CarMax's stock drops after earnings beat, but used car sales miss (MarketWatch)

Fed Raises Interest Rate, Lowers Growth Forecast (Auto Dealer)

Shopping for a new car? Buy before the Fed rate hike affects car loans (MarketWatch)

Study: Dealers Overspend on Marketing (Auto Dealer)

U.S. auto sales seen falling 1% in December, say J.D. Power, LMC (autoblog)

-Automotive Wholesale News-

Car Values at Auction Continue Decline at Year's End (Vehicle Remarketing)

-Automotive Ownership News-

'Dramatic drops' in gas prices: Less-than-$2 gas is here for many American motorists (USA Today)

-Automotive Enthusiast News-

In a blatant attempt to pull at our heart strings, Chevrolet is offering an in-car Santa tracker (CNBC)

The most amazing classic car stories of 2018 (FOX News)

-Automotive Servicing News-

Citing Fire Danger Ford Recalls 410,000 Pickups (Forbes)

Report: 16.7M faulty Takata air bags still on US roads (The Detroit News)

The Biggest and Smallest Automotive Recalls of 2018 (Car and Driver)

Tesla Model S catches fire in California town: Fire Department (CNBC)

-General Business & Executive News-

ACV Auctions continues rapid disruption of $100B wholesale automotive industry (PR Newswire)

Car rental company Fair raises $385 million in SoftBank-led funding round (Reuters)

CU Direct's credit union network leads in auto loan originations (Automotive News)

The real problem with the American auto industry (CNN)

U.S. third-quarter growth trimmed; business spending slowing (Reuters)

-AEA Reminder-

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Have a great week,

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