Top Automotive Industry News for Week of May 29 - June 4, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week May 29, 2017 - June 4, 2017.

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

-Automotive Manufacturing News-

Audi CEO may not stay until end 2022 due to board pact: sources (Reuters)

Audi's retooled A7 erupts in flames during Alps testing (Automotive News)

Audi cheated on diesel emissions tests using software: Official (CNBC)

Auto industry titans say they're still committed to cutting emissions (CNBC)

CEO Mary Barra shakes up GM (USA Today)

China agrees to adjust pace of EV quotas, Daimler says (Automotive News)

For auto industry, fighting climate change is good business (Detroit Free Press)

Ford's '20,000' layoff number — cited by Challenger's jobs report — is wildly inaccurate (CNBC)

German watchdog probes Porsche over emissions software (Reuters)

GM: Debate over stock-split proposal heats up ahead of stockholders meeting (USA Today)

Hyundai Faces Tough Times as Buyers Go Big (The New York Times)

Inside Story: How Dodge Got the Demon Up to a Hellacious 840 HP (The Detroit Bureau)

New Ford CEO wants more than fads in autos future (The Detroit News)

Popularity of Leasing Catching Up With Automakers (The Detroit Bureau)

Tesla Model 3 Taking the Slow(er) Road (The Detroit Bureau)

The new BMW 8-Series is back after a 18-year hiatus and this is it in concept form (egmCarTech)

Toyota sells all shares in Tesla as their tie-up ends (Reuters)

There Is A Path For Ford To Get Out Of Its Own Way (Forbes)

U.S. Sues Fiat Chrysler for Using Software to Bypass Diesel Emission Controls (Time)

World's Largest Automakers: Renault-Nissan Outranks Volkswagen, Could Pass #1 Toyota (Forbes)

-Automotive Evolution News-

Army to test autonomous vehicles on I-69, Blue Water Bridge (Detroit Free Press)

Audi becomes first car maker to test driverless cars in New York state (MarketWatch)

Baidu Partners with Continental, Bosch for Autonomous Tech (The Detroit Bureau)

The $7 trillion promise of self-driving vehicles (CNBC)

Toyota’s flying car project takes a tentative test flight (TechCrunch)

Toyota Launches $35M Autonomous, Connected Vehicle Technologies Study (Ratchet and Wrench)

-Automotive Retail News-

AutoGravity’s Car Financing App Now Available in New Jersey (F&I Magazine)

Biggest factors at play in auto finance (Auto Remarketing)

Carmakers post sales decline for fifth straight month (The Detroit News)

Certified used-car sales up 7% for May (Auto Remarketing)

Could you be buying your next car through Facebook? (AutoWeek)

Every major carmaker except GM has beat on auto sales so far (Business Insider)

Independent dealers steer through challenges (Auto Remarketing)

J.D. Power/LMC Expect Lowest May Retail SAAR Since 2013 (Auto Dealer Monthly)

KBB: New-Vehicle Transaction Prices Rise Nearly 3% in May (Auto Dealer Monthly)

Keys to integrating mobile sales (Driving Sales)

Laws, dealer services why we can’t buy cars online (The Detroit News)

Lease Activity Flattens Out in 2017 (Vehicle Remarketing)

May 2017 Auto Sales Totals (CBT News)

May Auto Sales Bounce Back With Deals (Forbes)

May car sales are flat. The sedan heads toward irrelevance (LA Times)

May U.S. auto sales: Ford outsells GM in surprise turnabout (USA Today)

Mobile is Not a Device…It is a Consumer Behavior (Digital Dealer)

New-car loans lasting 73 to 84 months soar (Automotive News)

Sales slip on weak car, fleet demand (Automotive News)

U.S. Auto Sales Brand-By-Brand Results: May 2017 YTD (The Truth About Cars)

US auto sales in May up for Ford and Nissan (CNBC)

What's Moving: U.S. Auto Sales (The Wall Street Journal)

-Automotive Wholesale News-

Accelerating Car Depreciation Reverses Recent Strength (Vehicle Remarketing)

Dealers ease back on buying as summer price trends appear (Auto Remarketing)

-Automotive Ownership News-

3 devices that make it safe to use phone while driving (The Detroit News)

My Teenager Puts Chevrolet's Teen Driver Software To The Test (Forbes)

-Automotive Enthusiast News-

Pair of Mercedes 300SLs could set auction record (The Detroit News)

Rolls Royce Custom Built This Gorgeous Coupe For A Mystery Millionaire (The Verge)

-Automotive Servicing News-

Focus and Fiesta owners sue Ford over faulty transmissions (autoblog)

Most of 46 million recalled Takata inflators in U.S. not fixed, lawmaker says (Automotive News)

Winning Customers for Life (Ratchet and Wrench)

-General Business & Executive News-

Autotrader Partners With Disney-Pixar for 'Cars 3'-Based Marketing Campaign (Forbes) opens strong on NYSE, plans move to new startup-inspired office (Built In Chicago) shares up 5% after spinoff from Tegna (MarketWatch)

Fields’ failed Ford-Google deal left him out in the cold (DrivingSales)

Hearst Expands Auto Division (F&I Magazine)

Icahn Automotive Group to acquire Precision Auto Care (MarketWatch)

Michael Bloomberg: Automakers, developing nations must commit to auto safety (Detroit Free Press)

Musk Quits Trump as Trump Quits Paris (The Detroit Bureau)

Slower U.S. job creation is usually a bad thing. This time, it might be a good sign (MarketWatch)

There's nothing disappointing about the US auto market (Business Insider)

Uber fires self-driving car guru Levandowski (USA Today)

Uber's no good, very bad year: A timeline (PitchBook)

U.S. Consumer Confidence Drops For 2nd Month In A Row; What This Means For Millennials In Their 30's (Forbes)

-AEA Reminder-

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