Top Automotive Industry News for Week of June 16 - June 22, 2014

Here is the most important news associated with the automotive industry identified by the AEA for the week of June 16 – June 22, 2014.

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

- Automotive Manufacturing News –

2015 Ford Mustang to Feature Innovative Knee Airbag (MotorTrend)

Audi Draws Up Plans for Range of Electric Cars: Sources (New York Times)

Automakers in U.S. driving banks from buoyant new car market (MSN Money)

Congress skeptical about GM changes (CNN Money)

Fiat to sell $820M in holdings to invest in upscale brands (The Detroit News)

Ford extends SiriusXM traffic, weather service to 5 years on '15 models (Automotive News)

Ford Motor Company lowers EPA numbers on six models (KBB)

Google to reveal operating system that will rival Apple CarPlay (Automotive News)

GM CEO to tell Congress: Recall failure 'must never happen again' (The Detroit News)

Lexus lifts cap on how many stores a group can own (Automotive News)

Marchionne pitches Chrysler's 'Cinderella' story to U.S. investors (Automotive News)

Mercedes-Benz plans significant boost in Alabama auto output (AL.com)

State franchise laws, sparked by Tesla, go too far, other automakers charge (Automotive News)

Tesla is now most important automaker in world, Morgan Stanley says (LA Times)

Tow What? GM Embraces SAE J2807 Trailer Standards for Silverado and Sierra 1500, Still Tugs Six Tons (Car and Driver)

- Automotive Retail News –

3 More AutoMatch USA SuperCenters on Tap (Auto Remarketing)

Auto shows' influence on sales, purchase decisions growing again, study says (Automotive News)

Auto industry looks up (Reuters)

Cadillac bombs on ELR plug-in luxury coupe sales (USA Today)

CarMax jumps after report shows it hitting on all cylinders (USA Today)

CFPB to Release Disparate Impact White Paper (Auto Finance News)

Coming Soon: A Maserati Dealership Near You (Businessweek)

New Jersey Assembly Approves Bill to Allow Tesla Sales (Bloomberg)

Percentage of Older Vehicles in Operation Reaches Five-Year High, Experian Reports (Auto Dealer Monthly)

SunTrust to Expand Auto-Dealer Financing as Sales Climb (Businessweek)

Toyota Financial Services Enhances Military Rebate Program (Auto Finance News)

- Automotive Wholesale News –

CarMax Explains Why Wholesale Unit Sales Soared (Auto Remarketing)

GM Cars Retain Value Despite Suit Claim of Loss from Recalls (NBC News)

- Automotive Ownership News –

AAA: Iraq turmoil likely to keep U.S. gas prices high (USA Today)

2 senators want to hike US gas tax for first time since 1993 (CNBC)

Behind the wheel Americans take little action on distractions (MSN Autos)

The clock is ticking on fixing U.S. roads and bridges (USA Today)

- Automotive Enthusiast News –

Car Culture: Market for vintage auto products gears up (The Detroit News)

Missiles, machine guns included: Black Beauty from ‘The Green Hornet’ for sale (New York Daily News)

Race Hub exclusive: NASCAR president talks changes for 2015 (FOX Sports)

- Automotive Servicing News –

25% of recalled cars in U.S. aren't fixed despite notice (The Detroit News)

Audi’s New Fleet of Robots Will Supervise Its Local Mechanics (Wired)

Feds reviewing complaints of exhaust fumes in Ford Explorer cabins (The Detroit News)

GM’s Ignition-Switch Repair Tally: 154,731 of 2.6 Million (Bloomberg)

GM recalls Silverado, Sierra, Suburban and Tahoe vehicles (LA Times)

NHTSA looking at Chrysler SUVs, vans for air bag, ignition problems (Detroit Free Press)

Potential Ignition Problem Triggers Recall of 511K Camaros (Auto Remarketing)

The case for selling service contracts well after a new-vehicle purchase (Automotive News)

Why the recall system is broken (Chicago Tribune)

- General Business & Executive News –

Cadillac's third U.S. sales chief in 2 years leaves GM (Automotive News)

Century-old Hertz says could team up with newcomer Uber (Reuters)

Cobalt CEO, John Holt, To Retire (DrivingSales)

'Connected car' band would open to other Wi-Fi devices under Senate bill (Automotive News)

Consumers, businesses still penny pinching (MarketWatch)

Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less (Forbes)

Fiat's Latest TV Ad Is Composed Entirely of GIFs (Mashable)

Harley-Davidson announces its first electric motorcycle, LiveWire (LA Times)

NADA Aims to 'Set Record Straight' About Franchised Dealers (Auto Remarketing)

Nest to acquire security company Dropcam (USA Today)

RadioShack Trading for Under $1, Could Be Delisted From NYSE (Mashable)

U.S. Supreme Court Sends Pesky Patent Trolls Packing Again (Businessweek)

Wall Street applauds Lithia-DCH deal (Automotive News)

Why Amazon's New Phone Threatens Retailers (AdWeek)

- AEA Reminder -

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Have a great week,

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