Top Automotive Industry News for Week of June 26 - July 2, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week June 26, 2017 - July 2, 2017.

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

-Automotive Manufacturing News-

2017 American-Made Index (Cars.com)

Almost 9 in 10 Americans Demand Even Better Mileage (The Detroit Bureau)

BMW among the 'bad' foreign companies driving U.S. manufacturing jobs revival

(Automotive News)

BMW reportedly plans to introduce an all-electric 3-Series sedan later this year (CNBC)

Conventional cars are like 'horses' compared with Elon Musk's Teslas, says VC Gene Munster (CNBC)

Ford adds ‘burnout’ feature to all 2018 Mustangs (The Detroit News)

Ford creates robotics, artificial intelligence team (The Detroit News)

High-tech dashboards signal big changes for auto parts suppliers (Reuters)

Jeep tops Cars.com list of American-made vehicles, ousting Toyota (CNBC)

Porsche says half of its sales will be electric by 2023 (autoblog)

Putting Cadillac's self-driving Super Cruise technology to the test (CNBC)

Striking Assertion: Feds Say Tesla Autopilot Reduces Crashes, But Won't Provide Data (Forbes)

Takata bankruptcy benefits automakers, not victims, lawyers say (autoblog)

Toyota launches Job One production for 2018 Camry (DrivingSales)

Why Fog Lamps Are Starting to Disappear (The New York Times)

-Automotive Evolution News-

Apple is leasing six cars from Hertz for autonomous software testing: Sources (CNBC)

Are states ready for self-driving cars? (USA Today)

Auto industry pushes for clear federal oversight of driverless cars (Detroit Free Press)

California lawmaker pushing bill to jolt electric car market with $3 billion in subsidies (LA Times)

Can Thrilling New Electric Cars Drive A Market Breakthrough? (Forbes)

Google car firm Waymo signs self-driving car deal with rental firm Avis Budget (USA Today)

In the Auto Industry, the Future Is Software—Not Machinery (Car & Driver)

Safety Advocates Urge Congress to Go Slow on Driverless Cars (Bloomberg)

With More Partnerships, Nvidia Solidifies Its Grip on Self-Driving Tech (Car & Driver)

-Automotive Retail News-

Automakers, analysts trim 2017 auto sales forecasts (The Detroit News)

Auto sales likely to continue falling in 2nd half of 2017 (USA Today)

California dealers file complaint over online broker (Automotive News)

Carfax, MeridianLink Offer Lenders Access to Vehicle History Reports (Auto Dealer Monthly)

CarMax finds human interaction still key in online sales process (Auto Remarketing)

For some used-car shoppers, 'Fly to Buy' makes most sense (Auto Remarketing)

GM Confirms, Sales Drop This Year Is Mostly Fleets; Retail Sales Intact (Forbes)

GM lowers outlook for US 2017 new vehicle sales (CNBC)

How to Take Advantage of Social Media as a Car Dealer (Digital Dealer)

New car prices remain high, but are starting to weaken (USA Today)

New Cars Are Unaffordable for Most Americans (Fortune)

New-Vehicle Sales Down 2.3% in First Half of 2017 (Vehicle Remarketing)

Peak SUV: Red-Hot Segment Poised for Slowdown (Auto Dealer Monthly)

Saban's new challenge: The auto retail world (Automotive News)

Those Used Car Prices That Were Supposed To Fall Are Not (Forbes)

U.S. auto sales on track to drop for 6th straight month (Automotive News)

U.S. auto sales seen down 2 percent in June: JD Power and LMC (Reuters)

Used Car Sales to Keep Dealers Afloat During New Vehicle Sales Slide (The Detroit Bureau)

-Automotive Wholesale News-

Auto auctions: $100 billion industry in 2016 (Auto Remarketing)

Latest auction data has cars & trucks depreciating at same rate (Auto Remarketing)

Values Stabilize After Month-Long Car Decline (Vehicle Remarketing)

Wholesale Auction Business Grew 4.6% Last Year (Vehicle Remarketing)

-Automotive Ownership News-

5 ways you’re sabotaging your trade-in value (CNBC)

Bankrate Lists Top 10 Affordable Car Towns (Auto Dealer Monthly)

Cheap gas will mean crowded highways this weekend (USA Today)

Gas prices stun analysts: July 4 lower than Jan. 1 (USA Today)

This city is a car buyer's delight for affordability (USA Today)

-Automotive Enthusiast News-

Audi A8 Looks Marvel-ous at 'Spider-Man: Homecoming' Premiere (Cars.com)

For an elite few, Bugatti's 261-mph dream car beckons (USA Today)

Past presidents agree, this surprising rule is one of the worst parts of running the country (CNBC)

-Automotive Servicing News-

Advance Auto Parts cuts 475 jobs as sales waver (USA Today)

Bankrupt company Takata's defective air bags are still out there, 'like bombs' (CNBC)

Fiat Chrysler Urging Owners to “Check To Protect” Vehicle Recalls (The Detroit Bureau)

Ford Transit recalled: Drive shaft defect costs $142 million (USA Today)

Mazda recalls 228,000 cars because brake may not hold (CNBC)

-General Business & Executive News-

GM expecting $1 billion more than initial estimate for Opel sale (DrivingSales)

Lyft opens up hubs across the country to get drivers on the road in a few hours (CNBC)

NFL Upfront Sales Slump as Auto, Movies Play Hard-to-Get (AdAge)

U.S. Consumer Spending Up 0.1% in May (FOX Business)

-AEA Reminder-

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Have a great week,

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