Top Automotive Industry News for Week of July 17 - July 23, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week July 17, 2017 - July 23, 2017.

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

-AEA Membership News-

Save the Date! The next AEA Members Reception will be held from 6:00pm to 8:45pm on Tuesday October 24th, in Las Vegas. Final details and member invitations will be sent via email soon.

-Automotive Manufacturing News-

Big Changes to NAFTA Could Put Big Hurt on US Consumers (The Detroit Bureau)

Electric car startup Lucid Motors is short of cash and weighing its options (recode)

Ford creates a pursuit-rated police pickup truck (USA Today)

Ford overhauls design with 2 key teams (Automotive News)

German Carmakers Face Potential New Scandal Over Antitrust Issues (NY Times)

GM extends shutdown at Chevy Bolt plant as inventories swell (CNBC)

GM wins another ignition switch trial (The Detroit News)

Jeep is worth more than Fiat Chrysler, says Morgan Stanley (CNBC)

Nissan ProPilot Assist Preview - It's Automated But Not Self-Driving (Forbes)

Porsche may ditch diesel engines: CEO (Reuters)

Tesla Denies Reports Of Model 3 Display Shortage (Forbes)

Tesla, China Are Driving An 'Epic' Revolution In Auto Engineering (Investors)

Trump steel tariffs could hurt U.S. autos (The Detroit News)

UAW plans ‘Buy American’ ad campaign (The Detroit News)

UAW talking to GM about impact of car sales slump on U.S. jobs (Reuters)

Watch out, Tesla: This Warren Buffett-backed Chinese electric vehicle maker plans US expansion (CNBC)

Why Americans can't buy the new Mercedes-Benz pickup truck (Business Insider)

-Automotive Evolution News-

California bill would boost electric car rebates by $3 billion, but where will the money come from? (LA Times)

GM Invests in Autonomous Driving Software Developer (The Detroit Bureau)

Lyft launches a new self-driving division and will develop its own autonomous ride-hailing technology (TechCrunch)

Microsoft is teaming up with a Chinese rival to power self-driving cars (CNBC)

Push For Self-Driving Car Rules Overlooks Lack Of Federal Expertise In AI Tech (Forbes)

SoftBank, GM and BMW invest $159 million into driverless car start-up Nauto (CNBC)

U.S. House panel approves broad proposal on self-driving cars (Reuters)

Volvo, Geely Create Joint Venture Aimed at EV Market (The Detroit Bureau)

-Automotive Retail News-

CarGurus sets sights further up shopping funnel (Auto Remarketing)

Carvana brings online used-car sales to Detroit (Automotive News)

Cox Automotive & NADA partner with Hireology for dealership workforce conference (Auto Remarketing)

Dealership Performance Ratings Battle Continues to Rage (CBT News)

Dealers United Builds New Facebook Inventory Ad Program to Help Auto Dealers Get

Vehicles Online (PR Newswire)

Kia reports best-ever half & quarter for CPO sales (Auto Remarketing)

Last year's car models are this summer's bargains (USA Today)

Leasing declines, but still impacts used-car market (Auto Remarketing)

Porsche Takes Top Spot in OEM Website Rankings (Auto Dealer Monthly)

New Car Sales Have Peaked in US, Analyst Says (The Detroit Bureau)

Revenue Generator: Which Vehicles Bring In The Most Cash? (Forbes)

TrueCar CEO: Transparent dealers produce more opportunities (CBT News)

-Automotive Wholesale News-

J.D. Power: June a ‘Relatively Average’ Month for Wholesale Prices (Auto Dealer Monthly)

Vehicle Depreciation Shows Pockets of Strength at Midway Point (Vehicle Remarketing)

-Automotive Ownership News-

Deer Caught in the Headlights? Your Car May Soon See Them (The New York Times)

Leasing Declines, But Here's 10 Vehicles That Remain Cheaper To Lease Than Buy (Forbes)

Tesla driver recants, says Autopilot not to blame for crash (LA Times)

-Automotive Enthusiast News-

10,000+ Sample Study On Motor Oil Supports What Consumer Reports Concluded A Decade Ago (The Drive)

First US-spec McLaren F1 will be auctioned in August (Autoblog)

Jay Leno drives a car made out of cannabis (CNBC)

-Automotive Servicing News-

Audi Recalls 850k Diesels as German Automakers Accused of Collusion (The Detroit Bureau)

Daimler to recall 3M vehicles to ease diesel doubts (The Detroit News)

Ford to petition to avoid recall of 2.2 million vehicles (Reuters)

States with the highest and lowest auto repair costs (CBS News)

Takata’s ‘Fix’ for Explosive Airbags May Not Work (The Detroit Bureau)

-General Business & Executive News-

$1 million in pot smuggled into U.S. through Mexican-made Ford Fusions (AOL)

As GDP will show, U.S. economy on same track (MarketWatch)

Audi apologizes for sexist ad in China comparing women to used cars (USA Today)

BMW leads $38 million investment in used car marketplace Shift (Venture Beat)

EVOX Images’ VR App Reaches 1 Million Downloads (Auto Dealer Monthly)

KBB launches new Price Advisor ad campaign (Auto Remarketing)

Online marketplace for used OEM parts launches (Auto Remarketing)

Sesame Street and Chrysler Are Tapping Your Nostalgia With a Game Show That Touts Minivans (AdWeek)

-AEA Reminder-

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Have a great week,

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