Top Automotive Industry News for Week of June 3 - June 9, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of June 3, 2019 - June 9, 2019.

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

-Automotive Manufacturing News-

Automakers to Trump: Create one national mileage, pollution standard (Detroit Free Press)

Automakers urge California, U.S. to restart mileage talks (The Detroit News)

Automakers wait and worry as opposition to tariffs on Mexican goods mounts (CNBC)

Britain’s Lotus Set to Reveal 1st New Model in 11 Years – and it Will Be Electric (The Detroit Bureau)

Death of the minivan? As Americans buy more SUVs, is the minivan headed for the junkyard? (USA Today)

Fiat Chrysler blames the French government as it withdraws its offer to buy Renault (CNBC)

Fiat Chrysler withdraws merger proposal for Renault (CNBC)

Ford to record $650 million charge for shutting down South Wales plant (MarketWatch)

Goodbye, potholes: GM to test airless, puncture-proof Michelin tires (USA Today)

Jaguar Land Rover, BMW Team Up On New Electric Drive Technologies (Forbes)

Payne: BMW-Jaguar want to make EV babies (The Detroit News)

Tesla's stock heads for biggest 3-day gain in 7 1/2 months (MarketWatch)

Toyota Speeding up EV Program; Partnering with Subaru on New Platform (The Detroit Bureau)

Trump: ‘Good chance’ now for tariff deal with Mexico (The Detroit News)

Trump calls off tariffs after Mexico vows to tighten borders (autoblog)

VW’s Electrify America to build more EV chargers at Walmart stores (CNBC)

VW Goes Back To The Future In New Ad Campaign To Put Dieselgate in Rear-View (Forbes)

Who's to blame for the FCA-Renault deal collapse? (Automotive News)

-Automotive Evolution News-

Bans On Facial Recognition Will Impact Self-Driving Cars, Reciprocally So (Forbes)

EVs Will Reach Cost Parity with Gas Cars “Sooner than People Think,” says GM’s Reuss (The Detroit Bureau)

New subscription service: Hertz My Car (Auto Remarketing)

Supplier Develops First Outside-Impact Airbag For Cars (Forbes)

-Automotive Retail News-

Auto Loans, Payments Reach Record Highs (The Detroit Bureau)

Auto loans hit record, pushing average monthly car payments to all-time highs (CNBC)

Automakers see sales rise as interest rates dipped in May (Detroit News)

Group 1 Auto expands online car buying platform (Chron)

Kerrigan: Dealership Buy/Sell Activity Up 38% in Q1 (Auto Dealer Today)

Key drivers of digital retail momentum in auto (Auto Remarketing)

Lithia buys 1st W.Va. dealership (Auto Remarketing)

With summer buying season in full-swing, strong certified pre-owned deals are here (Auto Remarketing)

-Automotive Wholesale News-

Manheim debuts its first 100% digital auction site (Auto Remarketing)

May Retention Index Shows Spring Season's Tail-End Strength (Vehicle Remarketing)

-Automotive Ownership News-

If Trump slaps tariffs on Mexican imports, you'll pay more to buy a car and keep it running (USA Today)

-Automotive Enthusiast News-

These are the 25 hottest collector cars of 2019 (Fox News)

-Automotive Servicing News-

Ram pickups recalled because air bags may not work in crash (Detroit Free Press)

Volvo Announces Free Towing for Life on All Its Cars of Every Age (Car and Driver)

-General Business & Executive News-

Apple to Buy in Bid for More Autonomous Vehicle Talent (Bloomberg)

CarsArrive launches new relocation business (Auto Remarketing)

Chip Perry Retires as CEO of TrueCar (The Banks Report)

The Car Industry Is Under Siege (NY Times)

Weak U.S. employment report raises red flag on economy (Reuters)

Wells Fargo will pay customers $386 million over unwanted auto insurance (Reuters)

-AEA Reminder-

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Have a great week,

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