Top Automotive Industry News for Week of July 27 - August 2, 2015

Here is the most important news associated with the automotive industry identified by the AEA for the week of July 27, 2015 - August 2, 2015.

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

-AEA Membership News-

Registration is now open for the next AEA Members Only Reception which will be held in Las Vegas on Tuesday October 20th, 2015. All AEA Members have been sent their individual email invitation. Please RSVP via your email invitation link, or simply email: memberservices@automotiveexecutives.com

-Automotive Manufacturing News-

Car hacking risk may be broader than Fiat Chrysler: U.S. regulator (Reuters)

Daimler tracked 146 electric cars for more than 620,000 miles. Here's what it found out. (Fortune)

Demand for Audi ‘niche’ cars outpaces supply (Auto Remarketing)

Ferrari’s Newest Convertible Is Its Most Aerodynamic Ever (WIRED)

Fiat Chrysler doubling Hellcat muscle-car production (USA Today)

Fiat Chrysler Profit Increases 69%, Most of It From North America (The New York Times)

Ford’s Profits Jump 44%, Soaring Past Forecasts (New York Times)

GM targets emerging markets with new lineup (CNBC)

Hacked Jeep Cherokee Exposes Weak Underbelly of High-Tech Cars (Bloomberg Business)

Honda profit up 20 percent as robust U.S. sales, weak yen offset quality costs (Reuters)

Jeep Posts Biggest Ever Quarterly Sales Total in US (The Truth About Cars)

Mitsubishi plans to move forward with U.S. sales, but experts wonder (Automotive News)

Mixed Crash Test Results For Two Best Selling 2015 Ford F-150 Pickups (Forbes)

Nissan profit leaps on strong U.S. sales, weak yen; China resilient (Reuters)

Scion Aims At More Practical Target With Two New Models (Forbes)

Tesla officially opens 2nd charging station in Michigan (Detroit Free Press)

This Gadget Hacks GM Cars to Locate, Unlock, and Start Them (WIRED)

Toyota Picks This Little-Known Company Over Apple, Google (Bloomberg Business)

Toyota's Scion aims to double U.S. sales by 2017 (Reuters)

U.S. will finalize long-delayed ‘quiet cars’ rules (The Detroit News)

VW overtakes Toyota as world's biggest carmaker (Reuters)

With record Fiat Chrysler fine, safety regulators get more aggressive (LA Times)

-Automotive Retail News-

As dealership sales climb, margins slide (Automotive News)

Auto sales expected to keep rolling along (USA Today)

Buick drops Regal price to reignite brand's U.S. sales (LA Times)

Coming Soon: Virtual Dealerships in Real Dealerships (Ward’s Auto)

Karl Brauer explains how you can turn a recall into a positive opportunity (CBT News)

Nissan Of Van Nuys Apologizes For Donald Trump Piñata Commercial (DrivingSales)

Penske Automotive's Q2 Earnings, Revenues Beat (Nasdaq)

Public retailers boost F&I profits in Q2 (Automotive News)

Study shows how unaware consumers are of interest rate impact (Auto Remarketing)

Tesla Experiments With Giving Out Free Cars, Exclusive Models, And Discounts For Referrals (TechCrunch)

Toyota tests online sales, financing with Scion (Detroit Free Press)

Used Truck Sales Up 6% (Vehicle Remarketing)

-Automotive Wholesale News-

Car Values Depreciate at Twice the Rate of Truck Values (Vehicle Remarketing)

What perceived regional used price differences really are (Auto Remarketing)

-Automotive Ownership News-

Average US vehicle age hits record 11.5 years (Yahoo)

Bad Credit Can Be Worse Than a DUI for Raising Auto Insurance Rates (Time)

It's A Wrap: New Uber-Type Platform Connects Brands, Drivers (MediaPost)

Owners leery of hacking (Kelley Blue Book)

Why Is Every Car on the Road Black, White, Gray or Silver? (AdWeek)

-Automotive Enthusiast News-

Amazon reportedly paying $250M to snag former Top Gear stars (autoblog)

Drive Most valuable car collection ever auctioned (CNN Money)

Monterey Car Auction Preview: Vintage Ferraris, a Steve McQueen Hudson, and a Classic Bentley Go on the Block (Forbes)

-Automotive Servicing News-

Ford's aluminum F-150 to cost more for repairs, insurer group says (LA Times)

GM temporarily halts Cadillac ATS sales pending fix (The Detroit News)

Mini recalls 30K Hardtops to improve side-impact protection (autoblog)

-General Business & Executive News-

Accenture CEO explains why he’s overhauling performance reviews (The Washington Post)

Acura Chief Accavitti Unexpectedly Exits (The Detroit Bureau)

Chrysler fined $105 million over recalls (Fortune)

eBay is killing same-day delivery, motors, fashion and valet mobile apps (TechSpot)

Elio Motors Raises $25 Million In Non-Binding Crowdfunding (DrivingSales)

German car makers agree to buy Nokia’s mapping business for $3.2B, report says (VentureBeat)

J.D. Power: Dealers Willing to Pay for Better Lender Services (Auto Dealer Monthly)

NADA Still Pushing For CFPB Transparency (Auto Dealer Monthly)

Sonic Automotive Settles Lawsuit, Ends Ban on TrueCar (DrivingSales)

Spanish competition authorities fine 20 auto companies (AP)

Uber launches car leasing unit, makes entry into financial services (Reuters)

U.S. Economy Picks Up, but Stays In Its Rut (WSJ)

U.S. House committee approves limit on CFPB's oversight of auto lending (Automotive News)

-AEA Reminder-

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Have a great week,

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