Top Automotive Industry News for Week of June 1 - June 7, 2015

Here is the most important news associated with the automotive industry identified by the AEA for the week of June 1, 2015 - June 7, 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 owners are frustrated by their fancy-shmancy infotainment systems (Mashable)

Exclusive: Fiat Chrysler delays many future vehicle programs (Reuters)

Ferrari IPO Delayed Until October (The Truth About Cars)

Fiat Chrysler Promises to Remake Ferrari Dino for the Less Affluent (Bloomberg)

Ford says 67% of F-150 buyers opt for V-6 engines (USA Today)

Ford shortens summer break to make more F-150s (USA Today)

Google Founder Explains Why It’s Making Self-Driving Cars (Time)

Google will make monthly reports on self-driving cars (LA Times)

Honda poised for growth, Detroit to hold steady, Car Wars study says (autoblog)

Honda Seen Gaining in U.S. on New Models as Hyundai Fades (Bloomberg)

Hyundai spotted testing Prius rival (autoblog)

Mitsubishi cuts price of new Outlander SUV (USA Today)

NHTSA Prototype Car Keeps Drunks Off Roads (The Detroit Bureau)

Ram, Jeep redesigns on hold, Alfa Romeo models may come sooner (autoblog)

Renault-Nissan's Ghosn Is Open to Technology Sharing (Bloomberg)

Shelby GT350 will have Ford's most powerful engine (USA Today)

Toyota to explore Ford-based connected-car system (USA Today)

Virginia opens highways for autonomous car testing (autoblog)

VW Jetta leases as cheap as iPhone plans show company's U.S. travails (Automotive News)

-Automotive Retail News-

3 ways to boost used vehicle profitability (CBT News)

Automakers see strong sales in May (USA Today)

AutoNation sells 10 millionth vehicle, releases May sales figures (Miami Herald)

Car Sales Are Booming, And You're Paying The Price (Forbes)

Costco Moves the Metal (Bloomberg)

FCA sales up, but overall US auto sales expected to fall slightly in May (CNBC)

GM helps dealers find trade-in prospects (Automotive News)

How are record high loan terms impacting dealerships? (CBT News)

Lights out on EV incentives in some states (Automotive News)

Performance cars driving sales gains (autoblog)

Spending on New Cars Hits All-Time High, Even as Loans Stretch to Record Lengths (The Detroit Bureau)

Top 20 top selling vehicles in May: Cars still matter (USA Today)

U.S. auto sales in May were strongest in nearly 10 years (Marketwatch)

Update on CPO: More Sales Results Roll In (Auto Remarketing)

-Automotive Wholesale News-

Average Wholesale Prices Fall in May (Vehicle Remarketing)

Average Wholesale Unit Price Stays Above $10K (Auto Remarketing)

Manheim Unveils Auction Enhancements (Vehicle Remarketing)

-Automotive Ownership News-

4 Tips to Avoid Road Tolls This Summer (Time)

Average U.S. mpg edges up to 25.5 in May (Automotive News)

Gas Prices Have Probably Peaked for the Year (TIME)

New Apps Could Keep Drivers in Touch – And Out of Harm’s Way (The Detroit Bureau)

Shell starts selling 'premium-plus' gas (USA Today)

Watch out for these 7 car-buying pitfalls (CNBC)

-Automotive Enthusiast News-

Fiat Chrysler unleashes supercar for Gran Turismo 6 (USA Today)

William Shatner riding cross country on Rivet V8-powered trike on June 23 (autoblog)

You Can Buy This Outrageous $12 Million Supercar (Time)

-Automotive Servicing News-

At least 10% of Takata air bag replacement parts need replacing again in US: Reuters (CNBC)

Exclusive: Takata, U.S. regulator can't say how many cars may have faulty air bags (Reuters)

Fiat Chrysler says it was late on five recalls (USA Today)

Future Of Automotive Aftermarket And Car Servicing: Consumers Will Have More Channels To Shop Around (Forbes)

NHTSA promises changes in wake of GM failures (Detroit Free Press)

-General Business & Executive News-

Austin takes No. 1 spot in nation on influential startup index (Austin Business Journal)

Auto-Safety Regulator Offers Mea Culpa (WSJ)

Can Technology Stop Drunk Driving? (PC Mag)

Cautious consumers cast doubt on U.S. growth outlook (Reuters)

FTC Clarifies Online Marketing Guidelines in Latest Update (Auto Dealer Monthly)

How Facebook's video-traffic explosion is shaking up the advertising world (Forbes)

KAR Buys Autoniq and MobileTrac (DrivingSales)

Low-Cost Electric Cars Are Disruptive, Not Tesla (Forbes)

Programmatic Price Competition Grows For Auto Marketers (AdExchanger)

The Self-Driving Car and the Coming Revolution in Auto Insurance (WSJ)

-AEA Reminder-

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Have a great week,

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