Top Automotive Industry News for Week of July 28 - August 3, 2014

Here is the most important news associated with the automotive industry identified by the AEA for the week of July 28 – August 3, 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 –

As the Oldest Teslas Turn Two, Nagging Questions About Reliability (Businessweek)

Blast at GM supplier plant in China kills 68, hurts 187 (The Detroit News)

Cadillac Counting on New Product to Reverse Slump (The Detroit Bureau)

Delay denied for auto recall database; launch set for August (The Detroit News)

Fiat Quarterly Profit Misses Estimates on Americas Drop (Bloomberg)

Fiat Says Ciao to Italy as Merger With Chrysler Ends Era (Bloomberg)

Fight over pickup bragging rights reveals Detroit's fuzzy payload math (Yahoo! Autos)

GM sued over deaths, injuries linked to ignition switch (Automotive News)

Honda Kills Fit EV, Says It Is Committed to Other Forms of Electromotive Transportation (Car and Driver)

Honda Profit Jumps 20%, Lifts Outlook (CBT News)

IIHS Small Car Crash Test Results: MINI Earns The Only 'Good'; Fiat, Nissan, Mazda Graded 'Poor' (Washington Post)

Nissan aims to boost U.S. sales and profit as it closes on Honda (The Chicago Tribune)

Range Rover Sets Record ’Ring Time in 550-hp SVR (Car and Driver)

Study: Connected Car High-Tech Features Popular, but More Marketing Muscle Needed to Spur Demand, Adoption (MarketWatch)

Suppliers may offer cameras to watch drivers (Automotive News)

Tesla seals landmark deal to mass-produce EV batteries in the US (engadget)

Toyota is top automaker in first half of 2014; GM slips to 3rd (The Detroit News)

VW Profit Beats Estimates on Higher Earnings at Audi (Bloomberg)

- Automotive Retail News -

Automakers post big July sales amid growing consumer confidence (Los Angeles Times)

Chrysler's U.S. July sales soar 20%, Ford 9.6%, GM 9.4% (Detroit Free Press)

Ford, Toyota Sales Top Estimates in Big Month for SUVs (Bloomberg)

Gen Y now buying more cars than Gen-Xers (MSN Autos)

Group 1 Experiences Unusual Regional Market Performance (Auto Remarketing)

GM is still selling lots of cars (CNN Money)

Industry Report: U.S. Car Sales Are Picking Up Speed (Inc.)

July Auto Sales Pick Up Steam (Forbes)

July car sales reach for an 8-year high (MarketWatch)

New York City Imposes a Used-Car Repair Rule (The New York Times)

Penske Q2 net income rises 18% on strong gains in all segments (Automotive News)

Plug-In Electric Car Sales In July: Leaf, Volt Both Do Well (Green Car Reports)

Sales of Big S.U.V.s Pulling the Weight at General Motors (CBT News)

Subprime Growth Appears Far From Over (AutoRemarketing)

S.U.V.s and Trucks Lift Monthly Vehicle Sales (The New York Times)

Used Sales to Get Better for Franchised Dealers (Auto Remarketing)

Volkswagen sales fall, but German luxury brands rise (USA Today)

- Automotive Wholesale News -

Black Book Sees Vehicle Depreciation Gaining Steam (Auto Finance News)

Summer Market ‘In Full Force’ As Used Prices Slide (Auto Remarketing)

Used-Vehicle Market Values Decline as Gasoline Prices Drop (Vehicle Remarketing)

- Automotive Ownership News –

Bans on Texting While Driving Cut Teen Deaths 11 Percent (Businessweek)

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

Road Trip! Gas prices heading lower (USA Today)

- Automotive Enthusiast News -

A Ferrari for You and Two Friends (The New York Times)

10 Rules for Classic Car Collectors (Forbes)

For sale: Steve McQueen's 1967 Ferrari (CNN Money)

This Guy Is 3-D Printing a Classic Aston Martin … That Runs (Wired)

- Automotive Servicing News -

Elon Musk wants Tesla 'elves' to service cars (CNN Money)

Hyundai recalls 883,000 Sonata sedans in U.S. for transmission issue (Reuters)

Recall: Chrysler replacing knee airbags in Fiat 500L (MSN Autos)

- General Business & Executive News -

AFSA, Ally, CPS Refute Claims in Recent Times Article (Auto Remarketing)

Auto Loans: The Next Subprime Crisis? (DrivingSales)

AutoTrader, Manheim rebrand under 1 entity (Automotive News)

Car Dealers Conundrum: When Customers Think You're More Profitable Than You Are (Forbes)

Economy in U.S. Grows More Than Forecast (Bloomberg)

Elon Musk Battles Montgomery Burns in ‘Simpsons’ Episode (Bloomberg)

Grocery chain tops list of fastest-growing retailers (The Chicago Tribune)

Hilton Worldwide Gives Guests the Freedom to Select Their Own Rooms (Skift)

Hiring up, but Yellen 'dashboard' signals caution (USA Today)

J.D. Power Study Shows How Many Basis Points Good Service for Dealers Is Worth (Auto Remarketing)

NADA Releases New Video on Dealer Franchise Laws (Auto Dealer Monthly)

Small businesses see revenue gains, hire workers (USA Today)

S&P 500 Caps Worst Week Since 2012 as Crises Offset Data (Bloomberg)

TSA doling out $15,000 for ideas to improve airport lines (USA Today)

U.S. consumer spending up 0.4 percent in June (The Detroit News)

Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal (TechCrunch)

- AEA Reminder -

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Have a great week,

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