Top Automotive Industry News for Week of May 12 - May 18, 2014

Here is the most important news associated with the automotive industry identified by the AEA for the week of May 12 – 18, 2014.

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

- Automotive Manufacturing News –

BMW sees 2014 as year of growth opportunities for auto industry (Automotive News)

Chrysler loses $690 million in 1Q after paying UAW health care trust (Detroit Free Press)

GM offers OnStar subscribers mobile WiFi access for $5 a month (Fox News)

GM to Pay Record $35 Million Fine Over Ignition Switch Recalls (TIME)

High-flying Subaru to add models, capacity (Automotive News)

Honda Accord replaces Toyota Prius as California's bestselling car (LA Times)

Kia tries to burnish image with $66,000 luxury K900 car (Reuters)

Musk Sees Need for Hundreds of Battery ‘Gigafactories’ (Bloomberg)

Nissan profit rises as sales outpace industry (Detroit Free Press)

Porsche sued over crash that killed actor Paul Walker (Detroit Free Press)

Toyota move could generate $7.2 billion in 10 years for Texas economy, analysis finds (Automotive News)

U.S. rail network delays derail auto deliveries (The Detroit News)

VW's new Golf is about to land in the U.S. (CNN Money)

VW says it expects new SUV to revitalize U.S. sales as it outlines 2018 strategy (Automotive News)

- Automotive Retail News –

California auto sales strong in '14 (The Detroit News)

Car buyers are still waiting for the no-haggle revolution (CNN Money)

CPO Share Reaches 5-Year High for Q1 (Auto Remarketing)

DOJ Investigating Fifth Third’s Auto Loan Business (Auto Finance News)

Mercedes sales close in on BMW, Audi in April (Automotive News)

Study: Moms Prefer to Shop Online and Negotiate in Person (Auto Dealer Monthly)

Study Reinforces How Consumer-Written Online Reviews Impact Leads (Auto Remarketing)

Tesla catches break as Missouri puts direct-sale ban on hold (Automotive News)

Tesla Continues To Roll Out Tax Strategies For Consumers (Forbes)

- Automotive Wholesale News –

Compact SUVs, Minivans Lead April Auction Surge (Vehicle Remarketing)

IARA Leadership Talks Multiplatform Selling (Auto Remarketing)

Insurance Auto Auctions Expands in Central US (Auto Remarketing)

- Automotive Ownership News –

AAA: Americans ready to travel after rough winter (CBS News)

BMW Moves Into Zipcar's Territory (ADWEEK)

Car buyers upside down on auto loans (Chicago Tribune)

First ride in Google's driverless car makes commuting more productive (The Detroit News)

Gas prices shouldn't be high, but are. Here's why (CNBC)

Here's the Main Reason People Switch their Car Insurance (FOX Business)

Memorial Day road trippers to hit near 10-year high: AAA (Reuters)

TransUnion Finds Auto Insurance Shopping Steadily Declining Since 2012 (Digital Journal)

US: senate committee to ban solo hybrid drivers from carpool lanes (INAUTONEWS)

Use of license plate photo databases is raising privacy concerns (Los Angeles Times)

- Automotive Enthusiast News –

A Car-Themed Hotel That Will Delight Your Inner 9-Year-Old (Huffington Post)

Chip Ganassi, Bobby Rahal lead new class of Auto Racing Hall of Fame inductees (NBC Sports)

Jaguar embarks on first recreation project: Six new 1963 lightweight E-Types (FOX News)

- Automotive Servicing News –

2013-'14 Fiat 500e Recalled for Possible Power Loss While Driving (Edmunds)

California bill would require recalled cars be repaired before sale (Los Angeles Times)

GM recalls 2.7 million more cars (FOX News)

Hyundai recalls 141,000 Tucson crossovers (The Detroit News)

Nissan issues service campaign on 104,000 Juke crossovers (Los Angeles Times)

- General Business & Executive News –

Apple and Google Call a Truce in Patent Wars (TIME)

AT&T close to announcing DirecTV acquisition: sources (Reuters)

Auto CMOs Dish on Media Ahead of Upfronts (AdAge)

Car technology driving more sustainable transport system (BBC)

Jobless Claims in U.S. Reach Lowest Level in Seven Years (Bloomberg)

Lobbying battle starts over open Internet (USA Today)

Recession-Baby Millennials Shun Stocks After U.S. Slump: Economy (Bloomberg)

Our Annual Picks for the Best in Business Travel (Entrepreneur)

Out of ideas: 27% of U. S. companies chop R&D (USA Today)

Summertime air travel predicted to reach 6-year high (USA Today)

TrueCar raises $70 million in initial public offering (CNN Money)

Uber in Funding Talks for More Than $10 Billion Value (Bloomberg)

U.S. retail sales barely rise in April (Reuters)

YouTube Leads North American Mobile Traffic (FOX Business)

- AEA Reminder -

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Have a great week,

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