Top Automotive Industry News for Week of March 2 - March 8, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of March 2, 2020 - March 8, 2020.

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

-Automotive Manufacturing News-

Automakers Rein in and Even Ban Travel as Coronavirus Epidemic Spreads (The Detroit Bureau)

BMW releases details of its new electric car to rival Tesla (CNBC)

Everything we know about GM’s 11 wild new electric vehicles (Detroit Free Press)

Ex-UAW president Gary Jones charged in corruption probe (USA Today)

Ford Confirms Plans for All-Electric Transit Van (The Detroit Bureau)

General Motors to spend $20 billion through 2025 on new electric, autonomous vehicles (CNBC)

GM Reveals Flexible EV Platform, New “Ultium” Batteries (The Detroit Bureau)

GM unveils 10 future EVs, new batteries and its plan to beat Tesla (USA Today)

Jones breached trust, showed need for reforms, say UAW members (The Detroit News)

Lucid Motors To Open 8 Showrooms By End Of 2020 (Forbes)

Nissan Invests $67.8M in British Plant Despite Brexit Worries (The Detroit Bureau)

Volvo using renewables, automatic lighting to reduce impact of major production site (CNBC)

-Automotive Evolution News-

Alphabet’s Waymo shows new Jaguar cars on the heels of investment round (CNBC)

Americans Still Wary Of Self-Driving Cars, Many Worry About Hacking (Forbes)

Cruise sees rapid improvement in self-drive data in California (Reuters)

Geely plans to launch hundreds of satellites to guide autonomous cars (autoblog)

U.S. vehicle fleet fuel efficiency sets a record in 2018 (autoblog)

Uber open to using self-driving tech from competition: CEO (Reuters)

Waymo’s $30 Billion Valuation Shows The New Reality Of Automated Driving Is Sinking In (Forbes)

-Automotive Retail News-

How Will The Coronavirus Impact Car Prices? (MSN)

-Automotive Wholesale News-

IAA completes integration of SpinCar Feature Tour (Auto Remarketing)

Some ‘surprising’ elements surface in Black Book’s February index (Auto Remarketing)

-Automotive Ownership News-

A Spike In Car Crashes Is One More Reason Not To ‘Spring Forward’ (Forbes)

Global coronavirus fears mean lower gas prices for drivers in the USA (USA Today

-Automotive Servicing News-

Ford Fiesta, Focus owners could get thousands of dollars apiece, lawyers predict (Detroit Free Press)

Hyundai joins Kia in another recall to prevent engine fires (The Detroit News)

Toyota recalls 3.2 million vehicles worldwide over fuel pump problem (Reuters)

Why your trip to the auto repair shop should happen sooner than later (Detroit Free Press)

-General Business & Executive News-

Anthony Levandowski ordered to pay Google $179 million (MarketWatch)

CARS Reports Fourth Quarter and Full Year 2019 Results (Cars.com)

Coronavirus Could End Auto Shows, Once and for All (Bloomberg)

Organizers Say 2020 New York Auto Show Still On Even As Coronavirus Cases Surge To 22 In NY (CarScoops)

Seattle-area Toyota dealer closes after worker tests positive for coronavirus (Autoblog)

Waymo brings in $2.25 billion (TechCrunch)

-AEA Reminder-

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Have a great week,

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