Top Automotive Industry News for Week of February 18 - February 24, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of February 18, 2019 - February 24, 2019.

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

-Automotive Manufacturing News-

$700M Amazon investment will help Rivian compete against Tesla (USA Today)

Audi Upgrades Communications Tech To Help Drivers Hit Green Lights (Forbes)

Chinese electric car maker Kandi shares rocket 40% on approval of US imports (CNBC)

Consumer Reports Yanks "Recommended" Rating For Tesla Model 3 (Forbes)

EU warns of reduced imports if Trump puts tariffs on cars (The Detroit News)

Ford stock drops amid news of gas mileage inquiry (Detroit Free Press)

Ford Will Use Wind Energy To Build F-150, Raptor And Ranger Trucks (Forbes)

German carmakers could lose billions if Trump backs a classified Commerce Department (CNBC)

Ghosn’s Lawyer Blasts Japanese Prosecutors, Nissan (The Detroit Bureau)

GM's global gamble to fund a big bet on the future (Detroit Free Press)

GM is putting $20 million in a Michigan transmission factory (Detroit Free Press)

Here’s what Tesla is promising for 2019 (MarketWatch)

Pedestrian crash avoidance systems pass tests, with one notable exception (CNBC)

Remain or leave? Carmakers confront hard Brexit choices (Reuters)

Tariff uncertainty could hurt auto industry more than plant closures in 2019 (USA Today)

Tesla could get bought by a tech giant like Apple, fund manager says (CNBC)

Tesla’s top lawyer leaves after only 2 months on job (The Detroit News)

Trump administration breaks off negotiations with California on emissions standards (autoblog)

-Automotive Evolution News-

Apple opens up about its self-driving car program in letter to NHTSA (Digital Trends)

Autonomous cars might kill auto insurance as we know it (The Detroit News)

Renault-Nissan-Mitsubishi Alliance Partnering With Google (The Detroit Bureau)

Waymo Obeys A Cop At Broken Traffic Signal (Forbes)

-Automotive Retail News-

Carvana expansion continues in Northeast (Auto Remarketing)

Debunking The Auto Loan Delinquency "Crisis" (Forbes)

February 2019: The month to remember for certified pre-owned deals (Auto Remarketing)

February New Vehicle Sales Expected to Drop (The Detroit Bureau)

Infographic: When Dealers Rely on Outdated Methods (Auto Dealer Monthly)

Seven months worth of Chevy Corvettes are sitting unsold on dealer lots (autoblog)

Tesla prepares Model 3 leasing option to boost demand (autoblog)

Top-selling CPO car dealers by brand (Auto Remarketing)

TrueCar's ALG Forecasts New Car Auto Sales Dip in February Spurred by Weather and Tax Refund, Government Shutdown Uncertainty (PR Newswire)

US Auto Loans Reach $1.14 Trillion (Auto Dealer Monthly)

-Automotive Wholesale News-

Presidents Day Helped Improve Weekly Wholesale Values (Vehicle Remarketing)

-Automotive Ownership News-

The Most (and Least) Popular Places for Driving Hybrids/EVs in America (CarMax)

Would you let your insurer track your driving habits? (The Detroit News)

-Automotive Servicing News-

Ford launches probe into its emissions, fuel economy testing (MarketWatch)

Honda Recalls 106K Ridgeline Trucks (The Detroit Bureau)

-General Business & Executive News-

AutoNation: USAA Exec to Succeed Jackson (Auto Dealer Today)

Cadillac Goes Big In Oscars With Major Ad Buy (AdAge)

Daimler, BMW Throw In $1 Billion to Battle With Uber, Lyft (TheStreet)

The failing automobile industry is pushing us toward a global recession (Business Insider)

-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

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com