Top Automotive Industry News for Week of June 22 - June 28, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of June 22, 2020 - June 28, 2020.

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

-Automotive Manufacturing News-

Detroit carmakers have best showing ever in JD Power Initial Quality study (The Detroit News)

Dodge and Kia Rank Highest in a Tie for Overall Initial Quality; Genesis Ranks Highest among Premium Brands; Tesla Profiled for First Time (J.D. Power)

FCA CEO Manley Says Hybrid Wrangler Arriving By End of 2020 (The Detroit Bureau)

Fiat Chrysler gets $7.1 billion loan backed by Italy's government (The Detroit News)

Judge: Attorneys may join GM, FCA heads at racketeering suit meeting (The Detroit News)

Lordstown Motors Charges into Electric Truck Fray with Endurance (The Detroit Bureau)

Mercedes-Benz partners with Nvidia on upgradable vehicles starting in 2024 (CNBC)

Redesigned Ford F-150 pickup revealed: Why 2021 truck is different (USA Today)

Starting in 2024, Full Mercedes-Benz Lineup Will Have Autonomous Capability (Car and Driver)

Tennessee GM plant to lay off 680, end 3rd shift amid virus (Detroit Free Press)

Tesla lags auto industry in quality, finds new J.D. Power study (CNBC)

Tesla sued for airbag malfunction in Model 3 highway crash (The Detroit News)

The Breakup: Is BMW And Daimler’s Failed Partnership An Indication Of What’s To Come? (Forbes)

The Cars.com 2020 American-Made Index: Which Cars Are Most American? (Cars.com)

Volvo and Waymo partner to build self-driving vehicles (autoblog)

-Automotive Evolution News-

California passes landmark mandate for zero emission trucks (Reuters)

The Political Economy Of Autonomous Vehicles (Forbes)

-Automotive Retail News-

Auto industry could see 'cruel summer' amid economic uncertainties, analysts say (The Detroit News)

Car Dealers Stop ‘Freaking Out’ About Used-Vehicle Sales (Wards)

CarLotz maneuvers through pandemic, adapts retail remarketing model (Auto Remarketing)

Coronavirus Clobbers Second-Quarter Auto Sales, But Worst Could Be Over (Forbes)

Cox Automotive Forecast: Auto Sales to Drop 24.2% in First Half of 2020 (PR Newswire)

June Sales Expected to be Down, but Improvement Over May (The Detroit Bureau)

June used-car sales likely up 16% from May (Auto Remarketing)

TrueCar’s ALG Forecasts Vehicle Sales for June and Q2 2020, New and used vehicle sales continue to recover from April lows (Globe Newswire)

U.S. auto sales expected to continue their recovery in June: J.D. Power, LMC Automotive (Reuters)

U.S. new-car sales in June seen down as much as 30%: research firms (Reuters)

-Automotive Wholesale News-

Black Book spots highest value jump in 'recent history’ (Auto Remarketing)

Manheim pilots return of in-lane bidding this week (Auto Remarketing)

Carvana teams with Manheim for direct-purchase online wholesale platform (Auto Remarketing)

-Automotive Servicing News-

Car recalls for June 18-25 (USA Today)

-General Business & Executive News-

Amazon Buys Self-Driving Company Zoox For $1.2B And May Rule The World (Forbes)

Ford, Honda boost relationship with Dealer.com (Auto Remarketing)

Hearst Autos Acquires Auto Community Platform Bring A Trailer (MediaPost)

Toyota holds $293 million stake in Uber, governance report shows (Reuters)

U.S. consumer spending rebounds; falling income, surging COVID-19 cases loom (Reuters)

-AEA Reminder-

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