Top Automotive Industry News for Week of July 22 - July 28, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of July 22, 2019 - July 28, 2019.

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

-Automotive Manufacturing News-

As electric vehicle production ramps up worldwide, a supply crunch for battery materials is looming (CNBC)

BMW Drops $10M to Double Battery Capacity at SC Plant (The Detroit Bureau)

California Signs Deal With Automakers To Produce Fuel-Efficient Cars (NPR)

Despite a record quarter for deliveries, Tesla is still losing money at a faster-than-expected rate (USA Today)

Elon Alone: Longtime Tesla Tech Chief Straubel’s Exit Leaves Musk As Sole Remaining Cofounder (Forbes)

Ford, VW, BMW, Honda reach emissions deal with California, bucking rollback (USA Today)

Ford shares plunge after earnings fall short, 2019 forecast disappoints (CNBC)

Ford transmissions under federal review by NHTSA: Regulator assessing faulty Focus, Fiesta (USA Today)

Hyundai Reveals Aggressive U.S. Growth Plans Based on SUVs (The Detroit Bureau)

Nissan Cutting Up To 10,000 Jobs As First-Quarter Profits Tumble 90% (Forbes)

Renault cuts revenue goal as car industry misery spreads (Reuters)

Suit seeking $1.2B says Ford falsified F-150 fuel economy tests (Detroit Free Press)

Volkswagen Raises Profits As The Industry Worries About Its Future (Forbes)

-Automotive Evolution News-

Daimler, Bosch Get New Autonomous Parking Approval (The Detroit Bureau)

Driverless Features Will Be An Evolution, Robotaxis A Revolution (Forbes)

Ford Electric Prototype Hauls 1M Pounds (The Detroit Bureau)

GM's self-driving car division postpones launch of robot taxis (Detroit Free Press)

Lyft makes self-driving research public to speed development (The Detroit News)

Mercedes Gets OK for Driverless Valet Parking Using Bosch Technology (Car and Driver)

New auto safety technology leaves insurers in the dark (Reuters)

Toyota to invest $600 million in China's Didi, new JV to develop mobility services (Reuters)

Waymo uses evolutionary competition to improve its self-driving cars (Engadget)

What It Is Really Like Being Inside A Self-Driving Car On Our Public Roadways (Forbes)

-Automotive Retail News-

Appeal of New Vehicles Improves for Fifth Consecutive Year, J.D. Power Finds (J.D. Power)

Cox Automotive Forecast: U.S. Auto Sales Pace Expected to Fall from June Level (Cox)

Cox: Younger Workers Could Reduce Dealership Turnover (Auto Dealer Monthly)

Ditch the dealership: Go online for used car sales (USA Today)

High-quality cars aren’t always the ones consumers want to buy, finds new JD Power study (CNBC)

Infotainment, Automation Boost New-Vehicle Appeal (Vehicle Remarketing)

-Automotive Wholesale News-

Wholesale Depreciation Among Cars Accelerated Last Week (Vehicle Remarketing)

-Automotive Ownership News-

Honda drivers can now get Amazon parcels delivered to the trunk of their car (CNBC)

-Automotive Servicing News-

Manheim program addresses ‘new era of the auto technician’ (Auto Remarketing)

Volvo Recalling 507,000 Vehicles Due to Fire Risk (The Detroit Bureau)

-General Business & Executive News-

AutoNation names new CEO — four months after the previous CEO was hired (autoblog)

Don't Blame A Slowing Economy For Auto Industry Woes (Forbes)

Forget carmageddon — personal cars aren't going anywhere anytime soon (Business Insider)

Will Detroit debates rev up auto, trade issues among Dem presidential hopefuls? (The Detroit News)

-AEA Reminder-

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Have a great week,

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