Top Automotive Industry News for Week of May 28 - June 3, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week May 28, 2018 - June 3, 2018.

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

-Automotive Manufacturing News-

0-to-62 in 2 seconds: Maserati Alfieri electrics will take on Tesla with Ferrari's help (autoblog)

Charts point to trouble for automakers, and Ford in particular, technician says (CNBC)

Chrysler, Dodge, and Fiat Aren’t Dead Yet: Here’s What’s Going On (Car and Driver)

'Consumer Reports' reverses course, recommends Tesla Model 3 after Elon Musk improves brakes (USA Today)

Fed regulator backs freeze of mpg rules after 2020 (The Detroit News)

Fiat Chrysler plans to drive Jeep, Ram to worldwide profit (Detroit Free Press)

Fiat Chrysler unveils five-year plan to invest in electric, self-driving vehicles (MarketWatch)

Ford’s Largest Light Truck Can Get Better Highway MPG Than Its Smallest One (Car and Driver)

GM says consumers can do ride sharing next year in self-driving cars (Detroit Free Press)

Honda confirms Takata air bag rupture in fatal Malaysia crash (Reuters)

Mazda's New 'Feel Alive' Marketing Campaign Seeks To Elevate Brand Past 'Zoom-Zoom' (Forbes)

'Mustang means freedom': Why Ford is saving an American icon (CNBC)

Nissan to cut North American output by 20% to shore up US profitability: Nikkei (CNBC)

PSA Aims For USA Re-Entry With Mobility Services, Then With Its First Auto Imports In Decades (Forbes)

Tesla flies in equipment to speed up battery production for Model 3 (CNBC)

Tesla's Rapid Braking Software Update Is Great, But Hides More Fundamental Problems (Forbes)

Trump reportedly wants to ban German cars from America (CNet)

-Automotive Evolution News-

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

Biggest Electric-Vehicle Battery Maker Curbs IPO Ambitions (Bloomberg)

California License Plates Go Digital (Car and Driver)

Could Electrified Roads Beat Range Anxiety, High Cost And Make Us Love Battery Cars? (Forbes)

GM gets $2B investment from Uber backer SoftBank for self-driving cars (USA Today)

Michigan launching $8M mobility challenge for senior transit (The Detroit News)

SoftBank deal could open more doors for GM (Automotive News)

To See How Autonomous Vehicles May Take Over, Dean Kamen Says Look What Happened In Airplanes (Forbes)

Uber CEO Dara Khosrowshahi says the company is on track for a 2019 IPO (CNBC)

Uber’s Fatal Crash Revealed a Self-Driving Blind Spot: Night Vision (Bloomberg)

Waymo will add up to 62,000 FCA minivans to self-driving fleet (USA Today)

-Automotive Retail News-

Cars.com analyst talks difference between used, new, CPO buyers (Auto Remarketing)

Experian: Americans Borrow Record Amounts for Auto Loans in Q1 (Auto Dealer Monthly)

May Flowers: Cox Predicts 3% Increase in New-Car Sales (Auto Dealer Monthly)

SUV and pickup fever: U.S. auto sales beating expectations so far in 2018 (USA Today)

U.S. May auto sales rise slightly despite higher fuel prices (autoblog)

-Automotive Wholesale News-

2 factors shaping dealer decisions in the lanes (Auto Remarketing)

Carvana Gains Access to Manheim's Digital Markets (Vehicle Remarketing)

-Automotive Ownership News-

A $523 monthly loan payment is the new standard for U.S. car buyers (USA Today)

Drugged driving on the rise as marijuana, opioid use puts motorists at risk, study finds (USA Today)

-Automotive Enthusiast News-

Ferrari 250 GTO sells for record $70 million (Auto Classics)

Petersen Automotive Museum Opens an Ode to Japanese Cars (Cars.com)

-Automotive Servicing News-

Kia recalls 106,000 Sedona minivans for sliding-door problem (Detroit Free PRess)

Porsche "Tech Live Look" Pioneers Augmented Reality In U.S. Auto Repairs (PR Newswire)

-General Business & Executive News-

Assurant Completes Acquisition of The Warranty Group (Auto Dealer Monthly)

As Rental Cars Fade Away, Avis Will Try Anything to Survive (Wired)

Bird Races to Become the First Scooter Unicorn (Bloomberg)

Cars.com shares leap after report the company hired JP Morgan to explore a potential sale (CNBC)

Facebook Less Popular Than YouTube, Instagram and Snapchat Among Teens (U.S.News)

FCA wants to get into the auto loan business (Detroit Free Press)

The VCs backing the world's most valuable private companies (PitchBook)

U.S. first-quarter growth trimmed on weak consumer spending (Reuters)

-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