Top Automotive Industry News for Week of February 17 - February 23, 2014

Here is the most important news associated with the automotive industry identified by the AEA for the week of February 17 – 23, 2014.

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

- Automotive Manufacturing News –

Ford ready to dump Microsoft for Blackberry in future cars (The Detroit News)

Ferrari posts record 2013 revenue despite lower deliveries (Automotive News)

GM readying aluminum-body full size pickups (Autoblog)

Mini Scrambling for Capacity (Detroit Bureau)

Tesla profit beats estimates in electric car maker’s best sales year (Detroit Free Press)

UAW files federal challenge to Volkswagen auto workers vote rejecting bid to represent them (U.S. News & World Report)

- Automotive Retail News –

200-Plus Dealership Acquisitions in 2013 (Auto Remarketing)

BMW Tosses Salesmen for ‘Geniuses’ (WSJ)

February auto sales starting to thaw (CNBC)

Ford boosting incentives to clear out Fusion inventories (LeftLane)

Heidi Klum and Maserati team up for some promoting (egmCarTech)

Move to Flats Unlikely in 2014, Says AutoNation’s Jackson (F&I Showroom)

Sonic’s Stand-Alone Pre-Owned Store to be ‘Significantly Different’ Than Typical Dealership (Auto Remarketing)

The United States Of Used Cars (The Car Connection)

Used Luxury-Car Prices Drop Most in February (KickingTires)

U.S. auto dealers average sales set record in ’13 (The Detroit News)

- Automotive Wholesale News –

Electric vehicle residual value setting is single biggest leasing industry challenge (FleetWorld)

NADA UCG Sticks to 2014 Depreciation Forecast (Auto Remarketing)

- Automotive Ownership News –

Analyst: Gas prices may be going up as spring draws near (The Sacramento Bee)

Experian Is ‘Pleasantly Surprised’ by 3.5 Percent Drop in Q4 Delinquencies (Sub Prime News)

Fatal Crashes Among Elderly Drivers Are Declining, IIHS Study Says (KickingTires)

Rise of Ride Sharing Could Mean Pricier Auto Insurance for Everyone (TIME)

Shop online, get your package delivered inside your Volvo (MSN Autos)

Vehicle-to-Vehicle Communications is Coming to a Car Near You (LinkedIn)

- Automotive Enthusiast News –

A Stable Full of Thoroughbreds (The New York Times)

Cost $1,000, Sold for $21 Million (The New York Times)

- Automotive Servicing News –

3 Recalls from GM & Toyota Cover More Than 1.5M Units (AutoRemarketing)

Jeep to repair SUVs that showed warning lights after recall fix (LeftLane)

Kia Recalling Nearly 12K CUVs to Correct Tire Pressure Info (AutoRemarketing)

Porsche to 911 GT3 owners: Stop driving the car (CNN Money)

Recall: 2013 Mitsubishi Outlander Sport (Automotive.com)

- General Business & Executive News –

Detroit Outlines Map to Solvency, Stressing Repair (The New York Times)

Elon Musk: An Apple-Tesla Merger is "Very Unlikely" (Fast Company)

Honda, lagging rivals, weighs opening board to foreigners (Automotive News)

Raising minimum wage would ease poverty but cost some jobs (CNN)

Manheim Signs Agreement to Purchase Stake in Go Financial (Sub Prime News)

WhatsApp’s Founder Goes From Food Stamps to Billionaire (Bloomberg)

Zetsche gets pay raise after record Mercedes deliveries (Automotive News)

- AEA Reminder -

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Have a great week,

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