Top Automotive Industry News for Week of December 7 - December 13, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of December 7, 2020 – December 13, 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-

Acura Unveils ’22 MDX CUV as Brand’s New Flagship (Wards)

Bollinger Reveals More of Production-Intent Electric Pickup and SUV (Car and Driver)

Ford adds new off-road ‘Tremor’ pickup to its profitable F-150 lineup (CNBC)

General Motors will not offer buyouts to GMC dealers who don’t want to sell Hummer Evs (CNBC)

Hyundai Goes All-In on Hydrogen With Dedicated Fuel-Cell Brand (Detroit Bureau)

Tesla tells employees Model S and X production will shut down for 18 days (CNBC)

Tesla to replace Apartment Investment and Management in the S&P 500 Index (Reuters)

Toyota unveils new fuel cell car in fresh push on hydrogen technology (Reuters)

VW-Backed QuantumSpace Says Its Lithium-Ion Battery Can Be Charged Up To 80% In 15 Minutes (Forbes)

-Automotive/Mobility Evolution News-

Aptera Takes Second Bite at Electric Apple with New Solar-Powered Electric Car (Detroit Bureau)

GM’s Cruise begins testing autonomous vehicles without human drivers in San Francisco (CNBC)

-Automotive Retail News-

All-electric 2022 GMC Hummer sells out in 10 minutes despite $112K price (Detroit Free Press)

Car Shoppers Report Increased Transparency While Buying a Car (Auto Dealer Today)

COVID-19 Market Insights (Black Book)

Delinquent Loans, Lease Payments Dropped in Q3 (Wards)

Demand for 2021 F-150 exceeds supply, buyers want 'steak in a hamburger world' (Detroit Free Press)

Despite “Remarkable” Rebound, Auto Industry Faces Many Challenges in 2021 (Detroit Bureau)

Electric Cars Get the Attention, but Hybrid Sales Are Soaring (KBB)

'Handful' of Michigan Cadillac dealers take a buyout rather than sell Evs (Detroit Free Press)

Increase in Digital Automotive Retail Due to Pandemic Paves Way for New Normal, J.D. Power Finds (J.D. Power)

Kelley Blue Book Announces 2021 Best Buy Award Winners (Auto Dealer Today)

Lincoln and Mini ace car sales in the coronavirus era, J.D. Power study says (RoadShow)

Nissan Rogue Spot Tops Most-Seen Auto Ads Chart (Wards)

-Automotive Servicing News-

AmTrust 2020 Extended Auto Warranty Advisor Analyzes 2.4 Million Auto Warranty Claims (Auto Dealer Today)

-General Business & Executive News-

Ferrari CEO Camilleri Unexpectedly Exits After COVID-19 Bout (Detroit Bureau)

Former GM top negotiator Art Schwartz dies of COVID (Detroit Free Press)

CarGurus Agrees to Acquire a Majority Stake in Instant Trade Platform, CarOffer (Globe Newswire)

Hyundai Acquires Robotics Firm Boston Dynamics for $1.1 Billion (Detroit Bureau)

Meet The Fiskers, The Billionaire Power Couple Taking On Tesla (Forbes)

Modal Raises $15M Series A To Rev Up The Online Car-Buying Experience (Crunchbase)

Pope Francis commits Vatican to net zero carbon emissions by 2050 (autoblog)

Uber Says: Let Drivers Get Priority in Line for COVID-19 Vaccine (Car and Driver)

Uber Selling Its Flying Taxi Business to Joby Aviation (Detroit Bureau)

-AEA Reminder-

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Have a great week,

Automotive Executives Association

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Automotive Executives Association

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