Top Automotive Industry News for Week of May 21 - May 27, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week May 21, 2018 - May 27, 2018.

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

-Automotive Manufacturing News-

China says it will cut tariffs on some auto parts and vehicles (CNBC)

Consumer Reports pledges to re-test Tesla Model 3 if brakes are fixed (USA Today)

Dear Elon Musk, Sexy Cars Are Not Enough (Forbes)

Elon Musk drops new specifications for Tesla's Model 3 updates: $78,000 at the high end, and 'quicker than a BMW' (CNBC)

GM, Ford shares rise after US initiates investigation into auto imports (CNBC)

Here is the federal labor complaint the United Auto Workers just filed against Tesla (CNBC)

Mercedes-Benz Confirms Second Upcoming EV (Car and Driver)

‘Mustang Means Freedom’: Why Ford Is Saving an American Icon (The New York Times)

Tesla trims up to $14,000 off Model X in China after tariff cuts (CNBC)

US launches investigation into automobile imports on a 'national security' basis (CNBC)

Volvo Moving to Eliminate Plastic Waste (The Detroit Bureau)

We Should All Worry About Trump's Intent To Raise Import Barriers On Foreign Cars (Forbes)

-Automotive Evolution News-

Americans now more fearful of self-driving cars, AAA survey shows (USA Today)

Apple, spurned by BMW and Mercedes, signs deal with Volkswagen for driverless cars (CNBC)

Apple's self-driving partnership is the next phase of 'Apple as a service,' Loup Ventures' Gene Munster says (CNBC)

BP Invests in Tech to Charge Cars as Quickly as Filling Gas Tank (Bloomberg)

CarGurus Survey Finds Most Car Owners Are Not Ready for Self-Driving Cars (PR Newswire)

In race for self-driving cars, automakers turn tables on Apple, Google (Automotive News)

Report Forecasts Explosive Growth for EVs (Car and Driver)

Safety Groups Want Tesla Autopilot Name Banned (The Detroit Bureau)

The Next Billion-Dollar Businesses In Autonomous Cars: Safety And Compliance (Forbes)

The Uber Accident, Waymo Technology And The Future Of Self-Driving Cars (Forbes)

Uber self-driving car crash: Vehicle detected Arizona pedestrian 6 seconds before accident (USA Today)

Uber to shut down self-driving car operation in Arizona after fatality (USA Today)

Your Flying Car Is Almost Here (Forbes)

-Automotive Retail News-

April: 2% Decline in Used Vehicle Volume (Vehicle Remarketing)

Auto Executives Need to Reinvent How They Sell Cars, Not Just Whether It's Online or In Person (Forbes)

AutoNation profit falls on higher expenses, lower margins (CNBC)

Autotrader announces this year's 'Best' CPO programs (Auto Remarketing)

Avis joins other retailers pushing used-vehicle inventory on classified site free of charge (Auto Remarketing)

California New-Vehicle Sales Expected to Exceed 2 Million in 2018 (Auto Dealer Monthly)

Cope with soaring gas prices: Avoid these cars, SUVs with the worst fuel economy (CNBC)

KBB: Memorial Day Shoppers Not Hung Up on Fuel Efficiency (Auto Dealer Monthly)

Love your sedan? Toyota, Honda, Nissan will be there for you (Detroit Free Press)

McLaren’s Growth Means Adding New US Dealers (The Detroit Bureau)

Should You Order your Next Car or Buy from Dealer Inventory? (Car and Driver)

Startup aims to eliminate need to visit dealership to buy new, used cars nationwide (Automotive News)

Summer driving: Edmunds' offers 7 picks for Memorial Day car deals (USA Today)

Tesla Model 3 Outselling Mercedes-Benz C-class and BMW 3-series in California (Car and Driver)

Will higher gas prices hurt SUV sales? Analyst is sounding alarm (USA Today)

-Automotive Wholesale News-

Weekly Truck Values Remain Stable, Car Values Slide (Vehicle Remarketing)

-Automotive Enthusiast News-

Why You May See More Collector Car Events This July (Torque News)

-Automotive Servicing News-

4.8 Million Chrysler, Dodge, Jeep and Ram Vehicles: Recall Alert (Cars.com)

Daimler threatened with recall of over 600,000 diesel models: Spiegel (Reuters)

Fiat Chrysler warns 4.8M Jeep, Dodge, Chrysler and Ram owners to not use cruise control (USA Today)

Safety First: The Vehicles That Are Most And Least Likely To Be Recalled (Forbes)

-General Industry & Executive News-

Analysts: Trump doesn't get the auto industry; tariffs hurt consumers (USA Today)

Autotrader and Kelley Blue Book Team with LendingTree to Empower Shoppers with Auto Lending Options (PR Newswire)

Lyft looks to drivers with $100 million investment to expand its service centers (Fast Company)

Presidents Club: Most Valuable Insight Winners and Presentations (DrivingSales)

Trump Signs Repeal of CFPB’s Dealer Participation Guidance (Auto Dealer Monthly)

Uber hits profitability—for now—along rocky road to an IPO (PitchBook)

-AEA Reminder-

Did we miss something? Let us know via our Contact Us Page >> . If you have specific important news going public soon that you would like to share with your fellow AEA Members, submit your PR Distribution Request >>

Have a great week,

Member Services

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com