Top Automotive Industry News for Week of February 22 - February 28, 2021

Here is the most important news associated with the automotive industry identified by the AEA for the week of February 22, 2021 – February 28, 2021.

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

-Automotive Executives Association (AEA) News-

The AEA is excited to open our unique Weekly Top News email newsletter to the entire automotive industry. The weekly AEA Top News is delivered directly to your email inbox every Monday morning, for free. Click here (or share with your industry colleagues/contacts) to sign up: Sign Up For the AEA Weekly Top News >>

-Automotive Manufacturing News-

Apple Car news keeps coming – here’s what’s been reported so far (CNBC)

As chip shortage cripples auto production, Biden steps in (Detroit Free Press)

Cherokee Nation chief: Our name should not be used on Jeep SUVs (Detroit Free Press)

Fisker Partnering With iPhone Manufacturer For Next Car (Carbuzz)

Ford Maintains Focus on Profitability, CEO Farley Says (Wards Auto)

General Motors says worst of global chip shortage may be behind it (CNBC)

Growing List of Models Earn Top Safety Ratings from IIHS (The Detroit Bureau)

Hyundai bought chips when rivals didn't; its assembly lines are still rolling (autoblog)

Kia and Apple could work together after all (autoblog)

Kia unveils 2022 Carnival as new SUV-inspired minivan with VIP lounge seating (CNBC)

Shares of SPAC for electric-car company Lucid plummet 20% more after merger announcement (CNBC)

Volkswagen sees strong rebound after 'containing' COVID (Reuters)

VW Aims to Have Autonomous ID.Buzz Vans for Commercial Use by 2025 (Car and Driver)

-Automotive Retail News-

BacklotCars and TradeRev Combine To Form Streamlined Dealer-to-Dealer Marketplace (Auto Dealer Today)

Carvana Announces Fourth Quarter and Full Year 2020 Results (Carvana)

Cracks in Tesla's EV appeal show up in latest study (CNet)

Enterprise Car Sales Streamlines Customer Experience with New Technology (Auto Dealer Today)

Honesty Pays at Auto Dealerships, Say F&I Expert (Wards Auto)

Lincoln Repeats Atop Most-Seen Auto Ads Chart (Wards Auto)

Montway Auto Transport Launches Online Dealership Vehicle Home Delivery Service (Auto Dealer Today)

New Vehicle Sales Off in February (The Detroit Bureau)

TrueCar Forecasts New Vehicle Retail Sales Flat, Used Retail Sales Down for February 2021 (PR Newswire)

Used Market Update (NADA)

Weekly Market Insights (Black Book)

-Automotive Servicing News-

106 Ford Bronco Sport SUVs get second recall, this time for rollover risk (Detroit Free Press)

Automakers Delay Recalls to Minimize Negative Attention: Study (Car and Driver)

Hyundai Recalls 82,000 Battery-Electric Vehicles Globally (The Detroit Bureau)

Service Ops Revenue Down, But 2nd Half Looking Better (Wards Auto)

-General Business & Executive News-

ACV files for initial public offering (Auto Remarketing)

Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1% (AP News)

CARS Reports Fourth Quarter and Full Year 2020 Results (Cars.com)

Goodyear to acquire Cooper, creating stronger U.S. Based Leader in Global Tire Industry (Goodyear)

Nikola admits ousted chairman misled investors as legal costs mount (CNBC)

TrueCar Reports Fourth Quarter and Full Year 2020 Financial Results (PR Newswire)

USPS' new mail trucks appear at odds with Biden administration's EV agenda (CNet)

-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 us to consider for AEA Top News, submit your PR Distribution Request >>

Have a great week,

Automotive Executives Association

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com