Top Automotive Industry News for Week of December 3 - December 9, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week of December 3, 2018 - December 9, 2018.

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

-Automotive Manufacturing News-

Detroit Retools: GM Closing Plants; FCA Opening One; Ford Standing Pat (Forbes)

Explainer: What will happen to Ghosn when his 22-day detention ends on Monday? (Reuters)

Faraday Future Furloughs More Employees (The Detroit Bureau)

Fiat Chrysler plans to open factory in Detroit to build new three-row, Jeep Grand Cherokee: Sources (CNBC)

Ford and VW considering an expansive alliance likely to echo across the global auto industry (CNBC)

Foreign carmakers take on US sedan market as Detroit’s Big Three shift to SUVs (CNBC)

Mexican auto exports to US keep surging as Americans clamor for trucks and SUVs (CNBC)

No deal on auto tariffs as White House backpedals, Volvo threatens to move jobs overseas (CNBC)

Ohio senators say they pressed GM's Mary Barra to build electric vehicles or SUVs there (MarketWatch)

Renault-Nissan spins its wheels while Carlos Ghosn sits in jail (Detroit Free Press)

Tesla fighters: The latest challengers in the luxury electric car market (USA Today)

Tesla needs ‘seasoned’ operator to take on execution hurdles: Analyst (CNBC)

Toyota’s U.S. Chief Says More Tariffs Will Hurt Auto Sales (The Detroit Bureau)

Trump Administration Still Fighting to Roll Back Fuel Economy Rules (The Detroit Bureau)

Volkswagen CEO: Trump 'has a point,' so we may make cars at Ford plants (USA Today)

Volkswagen says can build up to 15 million cars on electric car platform (Reuters)

VW says combustion cars will fade away after 202 (The Detroit News)

-Automotive Evolution News-

Ex-Google driverless car firm Waymo begins charging for self-driving car rides in Arizona (USA Today)

Planes may hold the secret to safe self-driving cars (CNN)

Study Suggests Cars Not Dead Yet (Forbes)

We followed Waymo's self-driving cars around Arizona for 170 miles: Here's what we saw (USA Today)

-Automotive Retail News-

Americans continued ugly breakup with passenger cars in November as auto sales decline (USA Today)

CarMax Brings the Future of Car Buying to Atlanta (CarMax)

Genesis Unveils Virtual Showroom (Auto Dealer Monthly)

Monthly Auto Loan And Lease Payments Hit A Record High In Q3: Experian (Forbes)

Number of EVs to Double by 2021 (Auto Dealer Monthly)

Subprime auto lending hits 11-year low (Automotive News)

U.S. Auto Sales Set To Decline In November; Trucks Are Doing Great, But Not Cars (Forbes)

With average new models above $37K, consumers continue migration toward used (Auto Remarketing)

-Automotive Wholesale News-

4-month record streak in wholesale car price index ends (Auto Remarketing)

Black Book Retention Index Rises for Seventh Consecutive Month (Vehicle Remarketing)

Seasonal Depreciation Hits Small Pickups (Vehicle Remarketing)

-Automotive Enthusiast News-

Everything from the 2018 L.A. Auto Show in 15 minutes | AutoVlog (autoblog)


-Automotive Servicing News-

Nissan recalls 150K vehicles for dubious inspections (The Detroit News)

-General Business & Executive News-

Auto Advertisers Seem To Be Returning To Super Bowl In Force After A Down Year In '18 (Forbes)

BacklotCars lands $8M Series A funding (Auto Remarketing)

CarGurus to Acquire (UK) Motoring Website, PistonHeads (Street Insider)

Lyft launches IPO process with confidential SEC filing (USA today)

Report: Uber files preliminary papers for IPO (The Detroit News)

The Key For Tesla's Future Is Batteries, Not Cars (Forbes)

TrueCar Acquires DealerScience (PR Newswire)

-AEA Reminder-

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Have a great week,

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