Top Automotive Industry News for Week of February 27 - March 4, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week February 26, 2018 - March 4, 2018.

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

-AEA Membership News-

The 2018 NADA AEA Member Reception is coming soon! The next AEA Members Reception will be held from 6:00pm to 8:30pm on Thursday, March 22nd, in Las Vegas. Invitations have been sent to all current AEA Members. If you have any questions, please contact memberservices@automotiveexecutives.com

-Automotive Manufacturing News-

Aston Martin prepares for IPO with first pre-tax profit since 2010 (CNBC)

Automaker stocks dive after Trump announces new tariffs on steel and aluminum imports (CNBC)

BMW says in-car digital assistants have to go beyond being ‘Echo Dots in a cup holder’ (TechCrunch)

Chinese Automaker Nio Aims for $2b U.S. IPO (The Detroit Bureau)

Detroit auto show, facing competition and brand departures, mulls October date (Automotive News)

Geely is said to have approached FCA before Daimler (The Detroit News)

General Motors and Ford sales fall 6.9%, Fiat Chrysler sees 1% sales drop in February (Detroit Free Press)

General Motors says more facilities now landfill-free, claims lead among automakers (Detroit Free Press)

Jaguar I-PACE SUV: Meet the luxury brand's first-ever electric vehicle (USA Today)

Jaguar’s New Electric SUV Aims To End Tesla’s Luxury EV Monopoly (WIRED)

Kia Niro Hybrid Could Be Legitimate Prius Fighter, And EV Version Is Likely On The Way (Forbes)

Porsche's US dealers will offer fast charging stations for its Tesla-fighting Mission E sedan (USA Today)

Porsche’s EV lead takes shots at Tesla while hyping the Mission E (TechCrunch)

'Trade wars are good,' Trump says, defying global concern over tariffs (Reuters)

Toyota warning: Tariffs will push up auto prices (CNBC)

-Automotive Evolution News-

Cadillac’s Super Cruise is best attempt at autonomy on the market today (NWITimes)

California loosens rules for driverless cars, clearing the way for robot taxis (LA Times)

California Okays Testing of Completely Driverless Vehicles (The Detroit Bureau)

Coming 'Quiet Car' Rules Could Allow Drivers To Choose Their Own EV Sounds (Forbes)

Driverless cars can operate in California as early as April (Recode)

EVgo Lowers Prices For DC Fast Charging Of Electric Vehicles (Forbes)

Ford teams with Domino’s, Postmates in Miami to test delivery via autonomous vehicles (CNBC)

Here’s Why Big Automakers Are Investing in May Mobility, an Autonomous-Shuttle Startup (Car and Driver)

Phantom Auto can control a car from virtually anywhere (CNET)

Qualcomm Has Big Plans for Cellular Connections between Future Cars (Car and Driver)

Take a ride in one of Waymo’s fully driverless minivans with this 360-degree video (The Verge)

This Porsche is being driven by a smartphone (USA Today)

VW’s I.D. Vizzion Concept Could Change the Way We Travel (The Detroit Bureau)

-Automotive Retail News-

8 Worst Cars To Buy New Are Among The Best To Buy Used (Forbes)

Americans are borrowing record amounts for auto loans even as interest rates rise (USA Today)

Group 1 acquires Mercedes-Benz, smart dealerships; appoints UK operations head (Auto Remarketing)

Jeep Compass, Toyota Camry are among the hot-selling vehicles in the U.S. (USA Today)

Lithia buys New Jersey stores from Prestige (Automotive News)

New Vehicle Price Increase Driven by Imports (Vehicle Remarketing)

Plummeting interest in passenger cars drags down U.S. auto sales (USA Today)

U.S. auto sales fell 2% in February (LA Times)

U.S. sales slip as market continues to cool (Automotive News)

Used-car sales show improvement from January (Auto Remarketing)

What's Moving: U.S. Auto Sales (The Wall Street Journal)

-Automotive Wholesale News-

Car-price strength reflects spring-market activity acceleration (Auto Remarketing)

Spring Buying Arrives at Auto Auctions (Vehicle Remarketing)

-Automotive Ownership News-

Dashboard cameras sales rising fast due to safety-conscious drivers (USA Today)

Pedestrian Deaths Remain High, Maybe Because Drivers Are, Too (Car and Driver)

Which Three Cars Would You Own for the Rest of Your Life? (Car and Driver)

-Automotive Enthusiast News-

Inside the $100,000 Lincoln Navigator Black Label (CNBC)

Porsche Is 3-D Printing Rare Parts for Its Classic Cars (HowStuffWorks)

Virgin Hyperloop One debuts full-scale passenger pod designed by BMW (Teslarati)

-Automotive Servicing News-

Icahn Automotive Acquires Four Detroit Service Centers (Ratchet and Wrench)

FCA, Mazda, Ford band together for airbag recall outreach program in Houston (Automotive News)

-General Business & Executive News-

Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board (TechCrunch)

Digital KPIs For The Automotive Industry Of The Future (Forbes)

Howes: Tech, environment reshaping old auto assumptions (The Detroit News)

Mitsubishi Names Fred Diaz CEO of North America (Auto Dealer Monthly)

Success at Subaru of America Results in Promotion of President Tom Doll to CEO, New Executive Position (PR Newswire)

Tax cuts, spending helping push national debt to historic high, new report says (USA Today)

Toyota to spend $3 billion on new company devoted to self-driving cars (MarketWatch)

With Eye on BMW Alliance, Daimler to Buy Partner’s Stake in Car2Go (The New York Times)

Uber CEO Calls MIT Study About Driver Pay 'Incompetent' (Fortune)

US Bank chooses AutoGravity to enhance mobile offering (Auto Remarketing)

U.S. growth rate in 4th quarter downgraded slightly to 2.5%, GDP shows (MarketWatch)

-AEA Reminder-

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Have a great week,

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