Top Automotive Industry News for Week of December 5 - December 11, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week December 5, 2016 - December 11, 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 Has A 30-Year Detroit Veteran On Its Secret Self-Driving Car Team (Forbes)

At Nissan, Cars Are Delivered By Driverless LEAFs (Forbes)

Audi Debuts Traffic Light Information Feature in Las Vegas (Motortrend)

Autonomous Vehicles: Accelerating Into The Mainstream (Forbes)

Car lobby fails to put the brakes on mpg rules (The Detroit News)

Daimler to become 2016's biggest luxury car maker - CEO (Reuters)

Despite Financial Problems, Faraday Still Set to Debut 1st Model at CES (The Detroit Bureau)

Ford's Futurist Foreshadows Consumer Trends to Watch in 2017 (Adage)

Ford F-Series on track to extend sales streak (The Detroit News)

Ford leads automakers in patents for 2016 (Detroit Free Press)

Ford Motor to raise $2.8 billion debt to fund new technology (Reuters)

Google's self-driving car project gets more autonomy (autoblog)

IIHS Shines (Head)Light on 2017 Top Safety Picks (The Detroit Bureau)

It’s About Time – Lexus Will Finally Show A New LS Flagship AT NAIAS In 2017 (The Truth About Cars)

Lucid Motors is the Latest Car Maker to Try to Take Tesla's Market Lead (CNBC)

Mercedes Set to Lock Down US, Global Luxury Sales Lead (The Detroit Bureau)

More GM models will get back seat child safety feature (USA Today)

Nissan's Infiniti sales on track for record year (Reuters)

Samsung Electronics to supply chips to Tesla -Electronic Times (Reuters)

Takata airbag recall could take until 2023 to complete. (CNN)

Toyota to expand hybrid system development to further cut emissions (Reuters)

VW's lost, destroyed phones justify more scrutiny, FTC says (Automotive News)

VW dieselgate lawyer to defend Fiat Chrysler (The Detroit News)

Who’s building a 1000 hp car? (CBT News)

Why only 38 cars earned IIHS top safety pick status (USA Today)

-Automotive Retail News-

Autonation makes big move on sales compensation and selling cars with recalls (CBT News)

Chevy Bolt EVs on way to California for first sales (The Detroit News)

DealerStar adds myCarfax resources to DMS (Auto Remarketing)

Despite hype of online shopping, CEO says consumers still like physical shopping (CBT News)

Incentives, excess new-car inventory, put a drag on used vehicle values (Automotive News)

Tesla Wins in VA but MI Is Where the Real Battle Is (The Banks Report)

Used-car stores a wise choice, given affordability issues (Auto Remarketing)

Used vehicle sales set to hit all-time high in 2016 (CNBC)

Watch recon costs for CPO, then merchandise smartly (Auto Remarketing)

Why The Auto Financing 'Bubble' Is Really An Affordability Issue (Forbes)

-Automotive Wholesale News-

Monthly Wholesale Prices Continue to Slide, Manheim Says (Vehicle Remarketing)

Truck Depreciation Surpasses Car Depreciation (Vehicle Remarketing)

Truck prices soften as no-sale volume climbs (Auto Remarketing)

Webb’s theory why November wholesale prices dipped 1% (Auto Remarketing)

-Automotive Ownership News-

A 'mystery device' is letting thieves break into cars and drive off with them, insurance group says (LA Times)

Apple Maps gets smarter about plugging in EVs (autoblog)

Gas Prices Are Bound to Keep Rising During the 2016 Holiday Season (Time)

Study Shows Drowsy Driving on Par With Drunk Driving (The Detroit Bureau)

-Automotive Enthusiast News-

$7 million LaFerrari becomes this century's most expensive car sold at auction (CNBC)

Detroit auto show expects more than 40 global reveals (The Detroit News)

-Automotive Servicing News-

Hyundai recalls minivans; hoods can fly open (The Detroit News)

Tesla recalls 7K charging adaptors after two overheat (The Detroit News)

-General Business & Executive News-

Beepi Merges With Scott Painter's Fair.com (Auto Dealer Monthly)

Detroit’s Auto Show Prepares for Mobility Makeover (Car & Driver)

FCA To Reveal New Vehicle At CES Instead Of Detroit Auto Show (DrivingSales)

Michigan Just Embraced the Driverless Future (Wired)

Multiple Dealerships Facing Fines From State Attorney Generals (DrivingSales)

South Korea Seeks $31.87 Billion From VW Over False Advertising (DrivingSales)

Trump meeting with former Ford CEO Alan Mulally (The Detroit News)

Volkswagen launches Moia, a new standalone mobility company (TechCrunch)

Worried Auto Industry Braces for Change Under Trump (The New York Times)

-AEA Reminder-

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Have a great week,

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