Top Automotive Industry News for Week of May 18 - May 24, 2020

Here is the most important news associated with the automotive industry identified by the AEA for the week of May 18, 2020 - May 24, 2020.

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

-Automotive Manufacturing News-

A Bottom-Up Approach To Cheaper, Next-Gen Electric Vehicles (Forbes)

Auto Workers Worried about Returning to Plants during Pandemic (The Detroit Bureau)

California governor says he’s not worried about Musk moving Tesla out of state ‘anytime soon’ (CNBC)

COVID-19 impact on rental car companies also hurts automakers (USA Today)

Ford temporarily closes two plants after three workers test positive for coronavirus (CNBC)

General Motors, LG Chem Form Ultium Cells Battery Joint Venture (Forbes)

GM says it is 'almost there' on million-mile electric vehicle battery (Reuters)

GM to take worker samples on site, Ford sets up health referrals for COVID-19 tests (Detroit Free Press)

GM truck production plans delayed by parts shortage: WSJ (MarketWatch)

GM’s former plant in Lordstown will return to mass vehicle production, thousands of jobs (Detroit Free Press)

Newly diagnosed coronavirus cases and lack of reliable testing are problems for U.S. automakers (CNBC)

Nissan May Cut 20K Jobs Globally; Renault Could Go Under, French Minister Warns (The Detroit Bureau)

Significant hurdles remain for an auto industry recovery as Detroit plants reopen (CNBC)

Tesla offers anxious plant workers unpaid leave until May 31 (The Detroit News)

Tesla returns to ‘normal operations’ at U.S. car and battery factories — read the email sent to production workforce (CNBC)

Trump, not wearing mask, tours plant; touts pharma production, slams mail-in balloting (The Detroit News)

VW pulls car ad after outcry, apologizes for racist overtone (The Detroit News)

While U.S. economy slides, heartland auto dealers cry out for more trucks (Reuters)

Workers return to automotive plants across US (USA Today)

-Automotive Evolution News-

Americans Remain Uncertain About Autonomous Vehicles, Poll Shows (The Detroit Bureau)

Intel/MobilEye Promises Self-Driving Robotaxi Service In 2022, While Others Back Off (Forbes)

-Automotive Retail News-

Deals Await Car Shoppers Ready to Buy Now (The Detroit Bureau)

Digital Air Strike Selected for Facebook Marketplace Beta Test and Case Study, Helping to Increase Consumer Sales During COVID-19 (Auto Dealer Today)

Make Or Break? Auto Industry Holds Its Breath Over Memorial Day Sales (Forbes)

Memorial Day car deals are luring buyers back into the market. What shoppers can expect (CNBC)

New Outsell packages use AI for personalized customer engagement (Auto Remarketing)

NIADA Survey: Independent Dealers Getting Back to Business (Auto Dealer Today)

The coronavirus pandemic has upended auto sales and buying a car will never be the same (CNBC)

Vehicle Shopping Now Higher than Pre COVID-19 Levels with Consumers Seeking Custom and Remote Purchasing Solutions (Globe Newswire)

-Automotive Wholesale News-

Black Book observations as ‘normal’ makes gradual return to auction (Auto Remarketing)

Manheim Helps Dealers Keep Inventory Moving with Digital Seller Tools, Options (Auto Dealer Today)

-Automotive Ownership News-

With drivers worried about COVID-19 spreading, here's how your next car could be virus-proof (USA Today)

-General Business & Executive News-

Carvana Co. Announces Offering of Class A Common Stock (Business Wire)

Hertz And Other Troubled Companies Already Needed Bailouts (Forbes)

Hertz files for bankruptcy as the coronavirus pandemic crushes the car-rental industry (Business Insider)

Organizers cancel 2020 New York auto show (Reuters)

-AEA Reminder-

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Have a great week,

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