Top Automotive Industry News for Week of January 2 - January 8, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week January 2, 2017 - January 8, 2017.

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

-AEA Membership News-

The next AEA Reception will be held in New Orleans on Friday, January 27th, 2017. All current AEA Members have been emailed their invitation, so please make sure you RSVP via the email link if you plan to attend. Contact memberservices@automotiveexecutives.com with any questions.

-Automotive Manufacturing News-

A bold move from a top OEM (CBT News)

AI, biometrics could accelerate self-driving cars (The Detroit News)

Audi sales hit record in 2016, despite losing ground to rivals (Reuters)

Bentley reveals its 209-mph, 'most powerful' car ever (USA Today)

Faraday Future's FF 91 Las Vegas Debut Snags 64,000 Reservations For Electric Car (Forbes)

Fiat Chrysler announces $1 billion investment in U.S. manufacturing, 2,000 new jobs (Fox News)

Fiat Chrysler race higher, on track to post 6-day winning streak (CNBC)

Ford's reversal on Mexico plant spooks suppliers (Automotive News)

Ford expands Alexa use, heating up auto personal assistant battle (Reuters)

Ford partners with companies to boost technology (The Detroit News)

General Motors reports total U.S. sales up 10% for December (MarketWatch)

High-tech, futuristic cars unveiled at CES 2017 (USA Today)

Hyundai envisions a car that senses and cures your road rage (CNBC)

Hyundai Misses Global Sales Target, Posts Dip for 1st Time in 18 Years (The Detroit Bureau)

In 'vote of confidence' for Trump, Ford cancels Mexico factory and will invest in Michigan (LA Times)

Mark Fields Returns To CES To Promote The Connected Car (Forbes)

Mitsubishi Remaining Separate from Nissan (The Detroit Bureau)

Nissan's premium brand Infiniti sells 230,000 vehicles in 2016 (Reuters)

Nissan plans to make robot cars; human 'mobility managers' will intervene when needed (LA Times)

Nissan wants human in self-driving loop (USA Today)

Nvidia and Mercedes-Benz to bring an AI car to market within a year (TechCrunch)

Tesla Gigafactory Begins Battery Production, Wall Street Urges Caution (Forbes)

Toyota, Ford Form Organization to Improve Phone-to-Car Connectivity (Auto Dealer Monthly)

Toyota unveils concept car with artificial intelligence (The Detroit News)

U.S. approves first fix for 70,000 polluting VW diesel vehicles (Automotive News)

VW, Justice Dept nearing $3 billion agreement to resolve diesel allegations (CNBC)

Why Finding 'American' Cars Is Pretty Difficult (Forbes)

-Automotive Retail News-

Analysts Say Decline In Auto Sales Is Coming (DrivingSales)

Auto industry expert’s forecast for sales in 2017 (CBT News)

AutoNation to hire nationwide next Tuesday (Automotive News)

Auto sales set record in ’16 at 17.55M (The Detroit News)

Black Book: Used-Car Prices Stabilize in December (Auto Dealer Monthly)

BMW Using Google’s Augmented Reality Technology to Sell Cars (Auto Dealer Monthly)

CPO market reaches 6th straight best-ever year (Auto Remarketing)

GM economist: Global auto sales to rise in 2017, stay strong in U.S. (Detroit Free Press)

Honda To Run Super Bowl Ad For Redesigned CR-V (DrivingSales)

Record breaking numbers in 2016! (CBT News)

Record December Sets New US Auto Sales Annual Benchmark (The Detroit Bureau)

Strong Sales by Smaller Brands Boosted 2016 Results (The Detroit Bureau)

Top 10 best-selling vehicles of 2016 (The Detroit News)

U.S. December auto sales surprisingly strong, 2016 sets new high (Reuters)

-Automotive Wholesale News-

KBB: Average Transaction Price Climbs to Record High in December (Auto Dealer Monthly)

New Vehicle Transaction Price Reaches Record in December (Vehicle Remarketing)

Used Vehicle Values Stabilize in December (Vehicle Remarketing)

Vehicle depreciation trends to close 2016 (Auto Remarketing)

-Automotive Enthusiast News-

12 moments that made Detroit Auto Show history (Detroit Free Press)

Disney? Google? 2017 Detroit auto show is more than carmakers (Detroit Free Press)

-Automotive Servicing News-

Fiat Chrysler recalls 100K vehicles to fix Takata air bags (USA Today)

-General Business & Executive News-

2017 NADA chair: 'Dealers are very resilient' (Auto Remarketing)

At CES 2017, the frenzy over self-driving cars is palpable (USA Today)

Autobytel Sells Off Specialty Finance Leads Product to Internet Brands (Auto Dealer Monthly)

Auto finance news you might have missed to close 2016 (Auto Remarketing)

BlackBerry shows new system to make cars brainier (USA Today)

Cadillac Unveils Ultimate Upscale Car Sharing Program (Forbes)

Edmunds Unveils New Website, Logo Design (Auto Dealer Monthly)

First Volkswagen Manager Goes To Jail For Dieselgate (Forbes)

Google’s new self-driving minivans will be hitting the roads at the end of January 2017 (The Verge)

Michigan Bids To Become Capital for Testing Self-Driven Cars On Legacy Auto-Industry Site (Forbes)

Penske Automotive to acquire UK retailer of used vehicles CarShop (MarketWatch)

Toyota Reminds Trump it Has Invested More Than $21 Billion in US (CNBC)

Why Ally’s move with Carvana is continuing push of online sales (Auto Remarketing)

-AEA Reminder-

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Have a great week,

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