Top Automotive Industry News for Week of February 1 - February 7, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week February 1, 2016 - February 7, 2016.

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

-AEA Membership News-

Save the date: The next AEA Members Reception will be held in Las Vegas during NADA weekend on Friday, April 1st from 5pm - 8pm. More details and member invitations will be sent this next week.

-Automotive Manufacturing News-

A Look At This Week’s Top OEM Headlines (CBT News)

Autobytel Announces 2016 Car and Truck of the Year Winners (Nasdaq)

Daimler pays bigger bonuses, dividend after record year (Detroit News)

General Motors beats fourth-quarter expectations (Market Watch)

GM posts record profit in fourth quarter and 2015, but shares skid (Reuters)

GM’s UAW Workers Earn Up to $11K in Profit Sharing (The Detroit Bureau)

Google to test self-driving cars in Kirkland, Washington this month (Mashable)

Jaguar Land Rover joins $7.9 million program to test self-driving cars (Mashable)

Kia plans first sports sedan next year as it seeks younger, more hip image (Reuters)

Mercedes not chasing volume at any price: Daimler CEO (Reuters)

New Vehicle Fuel Economy Average Rises in January (The Detroit Bureau)

Porsche Planning Plenty of Hybrids – But No Autonomous Vehicles (The Detroit News)

Seeing 'huge momentum' for our company: Daimler Chairman (CNBC)

Tesla Share Price Slides As Sales Projections Cut, German Competition Looms (Forbes)

Tesla's worst nightmare ... cheap gas (CNNMoney)

The Forecast for Google’s Self-Driving Car Isn’t All Sunshine (Time)

Toyota kills ailing Scion brand (USA Today)

Toyota profit up despite tepid global economy (US Today)

Toyota Quarterly Earnings Top $5.4 Billion (The Detroit Bureau)

Toyota to pay $21.9 million to settle bias case (CNBC)

Volkswagen delays 2015 results, AGM as scandal effects unclear (Reuters)

VW launches new ad campaign without 'Das Auto' slogan (Automotive News)

VW, seeking approval on emissions fix, replaces top U.S. lawyer (Automotive News)

World's airbag crisis is getting worse (CNNMoney)

Zica Car Will Get a New Name Because of the Zika Virus (Time)

-Automotive Retail News-

Are warning lights flashing for auto profits? (CNBC)

AutoNation Plans Cutbacks On Marketing And Inventory (DrivingSales)

Autos post best January sales rate since 2001 (CNBC)

CPO sales start year with 2% dip — still second-best January (Auto Remarketing)

F&I Today – Vince D’Antoni (CBT News)

January auto sales weather winter storm; level with ’15 (The Detroit News)

Margin squeeze hurts used-vehicle prices, economist says (Automotive News)

Monthly Auto Sales by Manufacturer (Automotive News)

Tesla challenges 2014 ruling; applies for Michigan dealer license (Automotive Remarketing)

Toyota Motor Credit Agrees to Lower Markup Caps to Settle CFPB Allegations (Auto Dealer Monthly)

Volkswagen is Buying Back Dirty Diesels, But Not From Owners (The Truth About Cars)

-Automotive Wholesale News-

Full-Size Pickup Depreciation Slows; Medium-Duties Hold Steady (Vehicle Remarketing)

Large SUVs Soar, Compact Vans Sink at January Auctions (Vehicle Remarketing)

Truck prices at auction remain strong as gas prices plummet (Auto Remarketing)

-Automotive Ownership News-

Expect Gas Prices Under $2 at Least Until Summer (Time)

Obama's $10 oil tax proposal would cost motorists (CNBC)

U.S. roadway deaths soar 9% (USA Today)

-Automotive Enthusiast News-

Check Out Europe's Most Expensive Classic Car Ever Sold at Auction (Fortune)

Matt LeBlanc Will Ride Shotgun as BBC’s New ‘Top Gear’ Host (Cheat Sheet)

-Automotive Servicing News-

Honda expands airbag recall to 2.2M more U.S. vehicles (USA Today)

Timeline for Continental air bag recall issue (Reuters)

Toyota recalls 320,000 vehicles for safety issue (CNBC)

-General Business & Executive News-

BMW and Sherpa Just Invested in This Safe Driving Tech Startup (Fortune)

CarMax's Folliard retiring as CEO by end of 2016; William Nash named to succeed him (

Global Auto Sales Set New Record for 2015 (The Detroit Bureau)

Group 1 Automotive Buys U.K. Dealer Group, Divests Three Stores In U.S. (DrivingSales)

Here's your auto ad lineup for Super Bowl Sunday (Automotive News)

How Google passed Apple to become the world's most valuable company (Vox)

Hyundai's 'First Date' wins USA TODAY's Super Bowl Ad Meter (USA Today)

Scion's Downfall Is Another Sign Of A Seismic Shift In The Auto Business (Forbes)

-AEA Reminder-

Did we miss something? Let us know via our Contact Us Page >> . If you have specific important news going public soon that you would like to share with your fellow AEA Members, submit your PR Distribution Request >>

Have a great week,

Member Services

Automotive Executives Association