Here is the most important news associated with the automotive industry identified by the AEA for the week of July 12, 2021 – July 18, 2021.

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

-Automotive Executives Association (AEA) News-

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-Automotive Manufacturing News-

2021 Chicago Auto Show (Cars.com)

Car Production Around the World Per Hour, Day and Year (Auto Dealer Today)

Daimler reports Q2 preliminary adjusted EBIT of $6.42 bln (Reuters)

Ford Might Ask Dealers to Install Chips in Unfinished Cars (Car and Driver)

Honda open to new alliances to bring down EV costs, says CEO (Reuters)

Jeep Grand Cherokee, Chevy Equinox plants idle from microchip shortage (The Detroit News)

Lordstown Motors confirms DOJ probe into SPAC deal and preorders (CNBC)

Rivian delays production start to September, cites chip shortage (The Detroit News)

U.S. manufacturing output dips as chip shortage weighs on motor vehicles (Reuters)

-Automotive Retail News-

Auto Market Weekly Summary (Cox Auto)

Asbury adds insurance tool to Clicklane online car-buying platform (AutoRemarketing)

Chip Shortage Is Now Affecting Actual New Car Sales Numbers (Car and Driver)

Ford, VW offer test drives of new EVs at Chicago Auto Show to drive sales of Mach-E and ID.4 (CNBC)

Honda Restricts Lease Sales to Honda, Acura Dealerships Only (KBB)

Jeep Plugs In — Brand Expecting Plug Models to Generate 70% of its Sales (The Detroit Bureau)

Manheim Deploys Car-Tracking Technology at Auction Sites (Wards Auto)

New-Vehicle Affordability Declines to New Low in June (Cox Auto)

The Car Market Is Insane. It Might Stay That Way for a While. (Slate)

Used Car Sales Returning to Normal (Auto Dealer Today)

Volkswagen wants half of its vehicle sales to be electric by 2030 (CNBC)

Weekly Market Insights (Black Book)`

-Automotive Servicing & Ownership News-

Ford Issues Three Recalls of its SUVs and Pickups (The Detroit Bureau)

GM warns some Bolt EV owners: Don’t park them inside or charge them unattended overnight (CNBC)

Tesla owners can now get ‘FSD’ premium driver assistance for $199 per month (CNBC)

-General Business & Executive News-

Autonomous driving start-up Aurora plans to go public through SPAC deal with initial value of $11 billion (CNBC)

Environmental groups fear Biden will go easy on automakers over emissions (autoblog)

EU Plans to Phase Out Internal-Combustion Cars by 2035 (Car and Driver)

GM to launch Ultium Charge 360 fleet charging service to power commercial Evs (autoblog)

Lyft to resume shared rides in U.S. for first time since pandemic (Reuters)

Purecars Technologies Completes Strategic Acquisition Of Automotive Fintech SaaS Provider truPayments (PR Newswire)

Shopmonkey raises $75M Series C to help auto repair shops streamline their business (TechCrunch)

Surging prices for used cars, gasoline, food and airfares are driving the jump in inflation (CNBC)

The Army Is Flirting Hard with Electric Vehicles, but Isn't Quite Ready to Commit (Car and Driver)

Toyota buys U.S. mapping, road data firm to bulk up driverless tech (Reuters)

U.S. consumer sentiment sentiment falls to 6-month low amid record inflation concerns (MarketWatch)

XLerate Group Acquires Liquid Motors (PR Newswire)

-AEA Reminder-

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Have a great week,

Automotive Executives Association

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com