Top Automotive Industry News for Week of March 14 - March 20, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week March 14, 2016 - March 20, 2016.

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

-AEA Membership News-

Reminder: The next AEA Members Reception will be held in Las Vegas during NADA weekend on Friday, April 1st from 5pm - 8pm. If you have not already RSVP'd and plan to attend, or have questions, please contact Member Services.

-Automotive Manufacturing News-

A Look At This Week’s Top OEM Headlines (CBT News)

Automakers agree on automatic braking by 2022 (USA Today)

Automakers Prepping for a Future Where Fewer People Buy Cars (NBC News)

BMW shifts focus towards harnessing technology (Reuters)

Consumer Reports names the worst vehicles (CNBC)

Ex-worker says VW destroyed evidence after emissions-cheating accusations (LA Times)

Fiat Chrysler can now tap U.S. unit's cash (USA Today)

Ford: Vinyl chloride found in Livonia neighborhood (Detroit Free Press)

GM Financial Arm Strengthens Loan Portfolio (The Detroit Bureau)

GM to let Lyft drivers rent SUVs in Chicago (USA Today)

GM, Ford Join Race For Autonomous Cars While FCA Sits Back (Forbes)

Google, GM Urge Congress to Clarify Self-driving Car Regulations (Ratchet and Wrench)

Key Scion Models Live On as Toyotas – But Get New Names (The Detroit Bureau)

Now in the black, PSA weighs returning to N.A. (Automotive News)

Six months into 'Dieselgate' scandal, gloom deepens in VW's hometown (Reuters)

Supercars, SUVs to Excite 2016 New York Auto Show (Bloomberg)

Tesla's Model 3 Event Will Have Driveable Prototypes (Fortune)

Tesla's stock surges after upgrade, boost in price target at RW Baird (MarketWatch)

Toyota renames Scion cars; FR-S sports car becomes 86 (The Detroit News)

Volvo Beats Tesla At Its Own Game With The New XC90 T8 Plug-in Hybrid (Review) (Forbes)

VW institutional investors file multibillion-euro suit in Germany (CNBC)

VW managers knew of possible $20 billion penalties in Aug. 2015, report says (Automotive News)

VW seeks comprehensive deal on emissions with U.S. regulators: source (Reuters)

We Could Be Seeing a Mercedes-Benz Pickup Truck Very Soon (Fortune)

-Automotive Retail News-

CarLotz opens first store in NC (Auto Remarketing)

Ford says Millennials are buying bigger SUVs (USA Today)

Gen Z Prefers Face-to-Face Interactions, Test Drives, Study Shows (Auto Dealer Monthly)

How Galpin creates like-new experience with CPO (Auto Remarketing)

Recalls Spur Drop in Service Satisfaction, J.D. Power Reports (Auto Dealer Monthly)

Spring price lift still not seen in the lanes (Auto Remarketing)

Study: 92% of Teens Want to Own a Car (Fox Business)

Their purchasing power could reach into the trillions and they’re far more budget-conscious than millennials (CBT News)

These Are the Cars and Trucks Most Likely to Last 200,000 Miles (Time)

U.S. Midsize Car Sales: Most Buyers Don’t Make The Obvious Choice (The Truth About Cars)

What used-car consignment should look like this year (Auto Remarketing)

Why February prices moves are an ‘anomaly’ (Auto Remarketing)

-Automotive Wholesale News-

Vehicle Depreciation Remains Steady (Vehicle Remarketing)

-Automotive Ownership News-

Feds warn of potential cyberattacks on cars (The Detroit News)

Gas Prices Jumping Up as Driving Season Kicks Off (The Detroit Bureau)

-Automotive Enthusiast News-

Ferrari tops classic car auction at Amelia Island where Jerry Seinfeld sold cars (CNBC)

Jerry Seinfeld Porsche Collection Racks Up $22,244,500 At Gooding Amelia Auction (Forbes)

Which Cars Would March Madness Mascots Drive? (U.S. News & World Report)

-Automotive Servicing News-

Audi Ranks Highest in Customer Satisfaction with Dealer Service among Luxury Brands; MINI Ranks Highest among Mass Market Brands (J.D. Power)

Car repair costs vary widely, state-to-state (Consumer Affairs)

Even U.S. Auto Safety Chief Can't Get Parts For His Recalled Takata Airbag (Forbes)

Maserati recalls 28K cars for stuck accelerators (CNBC)

-General Business & Executive News-

Acura harnesses March Madness fervor via interactive viral video tournament (Mobile Marketer)

Black Book to Partner with DRIVIN (Vehicle Remarketing)

China’s Baidu Plans To Test Self-Driving Cars In The U.S. (DrivingSales)

Cox Auto to unify Dealer.com & Haystack offerings (Auto Remarketing)

FBI And NHTSA Issue Warning About Connected Car Vulnerabilities (DrivingSales)

Ford CEO's compensation jumped 17 percent to $17.4 million in 2015 (Reuters)

Former Porsche Executives Acquitted of Manipulating VW Stock (The New York Times)

Remarketing Awards Presented at 2016 CAR (Vehicle Remarketing)

Sluggish Retail Sales Cast Pall on U.S. Consumer Spending (Bloomberg)

Uber Seeking to Buy Self-Driving Cars (Fortune)

-AEA Reminder-

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Have a great week,

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