Top Automotive Industry News for Week of July 21 - July 27, 2014

Here is the most important news associated with the automotive industry identified by the AEA for the week of July 21 – July 27, 2014.

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

- AEA Member Related News –

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- Automotive Manufacturing News -

Automakers urge NHTSA to delay 'quiet car' rules (The Detroit News)

Daimler 2Q Earnings Rise 12%, Beating Estimates (Bloomberg)

Details emerge on production-bound Honda S660 roadster (LeftLane)

Dodge, Porsche lead J.D. Power vehicle appeal awards (The Detroit News)

Ford profit beats expectations, sets record for North America (CNBC)

Ford, Ram escalate towing war (Automotive News)

GM posts small profit despite recall expenses (LA Times)

GM still has no switch fix for half-million Cadillacs (USA Today)

GM to pay victims at least $400 million (CNN Money)

Hyundai Motor profit falls almost 7% (MarketWatch)

New Stop-Start Engines Boosting Mileage up to 7%, Reports AAA (The Detroit Bureau)

Porsche's 2015 Cayenne lineup to include plug-in hybrid (LA Times)

Tesla Model S Eyed as U.K. Government Scouts Green Cars (Bloomberg)

Toyota Works to Hold U.S. Hispanic Market Lead as Segment Grows (Bloomberg)

VW 'urgently' needs higher profit to fund future growth, Winterkorn tells staff (Automotive News)

- Automotive Retail News -

$700 Premium on Non-OEM CPO Cars for Independents (Auto Remarketing)

AutoNation Discusses CFPB, Digital Push (F&I Magazine)

AutoNation preps for online sales (Automotive News)

Capital One, Huntington target more prime loans (Automotive News)

Group 1 Used Sales Rise 3.6 Percent; Gross Softens Slightly (Auto Remarketing)

KeyBanc Survey: F&I Grosses Help to Make Up for Used Struggles (Auto Remarketing)

Luxury vehicle sales boost Asbury's profit (Reuters)

Millennials drawn to car-sharing services, but eventually, they buy (Automotive News)

New-car sales running higher than forecasts (The Detroit News)

Nissan will offer free charging to new Leaf electric car buyers (LA Times)

Oh Great, There Might be a Bubble in Auto Loans (Money)

Outstanding (Auto Loan) Balances Exceed $900B For First Time (Auto Remarketing)

Sonic Automotive, Inc. Reports All-Time Record Pre-Owned Unit Sales and Total Gross Profit (MarketWatch)

U.S. auto sales seen rising 9 percent in July: JD Power-LMC (Reuters)

Wells Fargo is Losing Speed in Auto Lending (The Motley Fool)

With gangbusters quarter, Lithia ready to stake claim for auto sales dominance (Car Biz Today)

- Automotive Wholesale News -

Depreciation Report Reveals Year-Over-Year Increases (Vehicle Remarketing)

GM Brings Closed Sales Back at Two Manheim Locations (Vehicle Remarketing)

Large Pickups Showing Biggest Price Drop at Auction (Auto Remarketing)

Report: GM Cars in Ignition-Cylinder Recall Selling for Less (KickingTires)

- Automotive Ownership News -

Car thieves with good taste are targeting luxury vehicles (CNBC)

Higher Gas Prices Keep Inflation Just Above 2% (CNN)

Men and Women Are Terrible Drivers in Different Ways (Businessweek)

NHTSA: In-vehicle technology to prevent child heatstroke deaths not ready (The Detroit News)

Stop, look both ways for auto insurance deals (USA Today)

You Can Now Command The Tesla You Probably Don’t Have With The Smartwatch You Probably Don’t Have (TechCrunch)

- Automotive Enthusiast News -

After Gobbling Up Corvettes at Museum, Sinkhole Becomes a Star (The New York Times)

Burbank Car Classic: Where the Cars Are the Celebrities (Variety)

The Cars of Comic-Con 2014 (Yahoo!)

- Automotive Servicing News -

AutoNation: Recalls crimp service (Automotive News)

Chevrolet Impala’s Air Bags the Subject of New Safety Inquiry (The New York Times)

Chrysler recalls 792,000 older Jeeps (CNN Money)

GM Recalls Another 718,000 U.S. Vehicles (NBC News)

NHTSA closes GM, Toyota defect petition reviews (The Detroit News)

Nissan expands U.S. recall of cars with defective Takata airbags (Automotive News)

- General Business & Executive News -

10 Things Americans Have Suddenly Stopped Buying (Time)

Airlines Woo Business Travelers With Swanky Airport Lounges (NBC News)

Edmunds team sets cross-country electric record in Tesla (USA Today)

Facebook and Uber Discuss Integration of Car Service Into Messenger (re/code)

Facebook's Zuck: Now worth more than the Google guys (Fortune)

Ford CEO Replaces Lincoln Head in First Personnel Moves (Bloomberg)

Geico's Silly Ads Are Working (Businessweek)

Google Dominates Autonomous Cars Influence as Automakers Lag Behind (Forbes)

How Congress Gave Auto Dealers A Pass (Huffington Post)

How Consumers Feel About Sponsored Content (MarketingProfs)

It's About Time: Walmart's U.S. CEO Bill Simon Unexpectedly Stepping Down (Forbes)

Lyft gets the green light in New York City (CNN Money)

Private Equity Giants With a Taste for Auto Body Shops (NY Times)

Samsung's 105-Inch Curved Ultra HD TV Will Cost You $120,000 (Mashable)

The Cost of Compliance (Auto Dealer Monthly)

U.S. business spending data gives mixed signals on growth (Reuters)

- AEA Reminder -

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Have a great week,

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