Top Automotive Industry News for Week of February 1 - February 7, 2021

Here is the most important news associated with the automotive industry identified by the AEA for the week of February 1, 2021 – February 7, 2021.

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-

An Apple car would increase pressure on Tesla and other automakers (CNBC)

Apple, Hyundai, Kia talks on electric car hit speed bump (Detroit News)

Cadillac's 2022 CT5-V Blackwing is brand's most powerful vehicle ever, reaching 200+ mph (Detroit Free Press)

Cancel Culture: Kia Joins List of Manufacturers Backing Away from Sedans (The Detroit Bureau)

Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz (Reuters)

Ford CEO confident in electric-vehicle strategy, says automaker won’t ‘cede the future to anyone’ (CNBC)

Ford posts $1.3 billion loss, ups EV spending, warns of microchip shortage (Detroit News)

GM to idle 3 plants in North America due to semiconductor shortage (Detroit Free Press)

New Ford, Google deal means big tech upgrades for drivers: What to know (Detroit Free Press)

Nissan hopes tough-looking new 2022 Frontier and Pathfinder will ignite sales (Detroit Free Press)

Renault and Stellantis cut some production as chip shortages bite (Reuters)

Rivian, Amazon Expanding Electric Delivery Van Testing (The Detroit Bureau)

Wall Street wrestles with how to value 100-year-old GM, Ford as automaking goes all-in on Evs (CNBC)

-Automotive Retail News-

Cox Automotive Forecast: Relatively Healthy U.S. Auto Sales Continue in January (Newswire)

January Finishes Slow; Car Consideration Drops Further (Auto Dealer Today)

New Manheim Dashboard Puts Powerful Data at Dealers’ Fingertips, Fueling More Informed Searches and Improved Buying Decisions (Auto Dealer Today)

J.D. Power Used Market Update (NADA)

Rivian identifies second of 10 showroom locations set to open in 2021 (autoblog)

Toyota, Lexus Upgrade Tools So You Can Buy New Cars 100% Online (Car and Driver)

Weekly Market Insights (Black Book)

-General Business & Executive News-

All the 2021 Super Bowl Commercials (Vulture)

Autotrader Powers What's Next for Dealers, Shoppers in 2021 (Newswire)

Buttigieg says Transportation Dept will push 'bold' thinking (Detroit News)

CarSaver To Help Power Nissan@Home Platform (Newswire)

C.A.R.Score Hits 3,000 Vehicle Inspections for Leading Dealer-to Dealer Trade Network Provider, CarOffer (Newswire)

CCC Information Services to go public in $7 billion blank-check deal (Reuters)

CDK Global Acquires Square Root (CDK)

DealerPolicy announces $30M Series B funding, appoints president/COO & SVP of sales (Auto Remarketing)

Electric Vehicle Owners with Permanently Installed Level 2 Chargers Reap Benefits from Their Investment, J.D. Power Finds (J.D. Power)

Super Bowl 2021 commercial roundup: All of the car ads from the Big Game (CNet)

The Improving U.S. Economy Could Complicate Biden’s Stimulus Plan (Bloomberg)

Why So Many Auto Brands Are Sitting Out The Super Bowl (AdAge)

-AEA Reminder-

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Have a great week,

Automotive Executives Association

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Automotive Executives Association

www.automotiveexecutives.com