Top Automotive Industry News for Week of May 30 - June 5, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week May 30, 2016 - June 5, 2016.

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

-Automotive Manufacturing News-

A Look At This Week’s Top OEM Headlines (CBT News)

Automotive Fuel Economy on the Rebound (The Detroit Bureau)

Beep, Beep! Google Cars Learning to Honk Their Own Horns (The Detroit Bureau)

BMW i wants to build the ultimate self-driving machine (autoblog)

Chevrolet rolls out big incentives on Silverado (USA Today)

Chevy Volt keeps Nissan Leaf in rearview with strong May sales (autoblog)

Did Norway just give Tesla a big win? (CNBC)

Elon Musk suggests Tesla Model 3 won't get free Supercharger use (The Verge)

Elon Musk: Google won't compete with Tesla on self-driving cars — but Apple will (Recode)

Faraday Future seeks to test driverless cars in Mich. (The Detroit News)

Ford Boosts 2017 Plug-in Hybrid Efficiency With Attention To Detail (Forbes)

Four auto makers are selling new cars with defective Takata airbags (CNBC)

GM president: Pieces in place to develop ride sharing, autonomous cars (Reuters)

GM's U.S. sales plunge 18% in May (USA Today)

Honda shows off self-driving cars at new Calif testing facility (Reuters)

Hyundai Motor plans luxury electric car under Genesis brand: executive (Reuters)

Is the hatch back? (Automotive News)

Latest Takata air bag recall covers 4.4 million vehicles (USA Today)

Microsoft wants to power self-driving cars, not build one (The Verge)

Porsche North America CEO Klaus Zellmer On Autonomous Driving, Brand Immersion, And

Factory Customization (Forbes)

Tesla says software update will fix Model X doors (CNBC)

This Country Is About to Get Their Tesla Model X a Whole Six Months Early (Fortune)

Toyota sales down 10% as cars suffer (USA Today)

Volkswagen Reports Profit Drop as It Grapples With Emissions Scandal (The New York Times)

With Ioniq, Hyundai Aims To Steal Eco-Car Crown From Toyota Prius (Forbes)

-Automotive Retail News-

Auto financiers tapping the brakes on subprime lending (Automotive News)

Auto sales outlook remains strong, but may have peaked (Detroit Free Press)

Auto Leasing Hits Highest Level on Record, Report Says (Edumunds)

Car Dealers Need Map of Digital World (Ward’s Auto)

Credit Environment Still Looks Good For Auto Loans, Leases (Forbes)

Despite Gloomy May, Auto Sales Still on Track for Record Year (Fox Business)

Economic concerns drag Auto Demand Index down 15 points (Auto Remarketing)

How minivans and Jeeps led Fiat Chrysler to 74th month of sales gains (Detroit Free Press)

How to trade sagging US auto sales (CNBC)

Jeep Renegade, Ford Transit Among Winners in May Car Sales Race (Edmunds)

Luxury Car Sales Hit The Skids in 2016 (The Detroit Bureau)

May Auto Sales Lack Luster; Many Automakers See Dips (J.D. Power)

May Used Sales Could Approach 3.2 Million Units (Digital Dealer)

New car, new reality: Auto loan borrowing hits fresh highs (CNBC)

Q auto’s smaller stores yield bigger results (Automotive News)

Strong car sales today could trigger the next downturn (Yahoo)

Toyota and Mercedes-Benz Dealers Ranked Best for Customer Experience, VW is Dead Last (The Truth About Cars)

U.S. May auto sales down 6 percent; sedan sales weak (Reuters)

What Does a Connected Car Driver Expect from Their Dealership? (Driving Sales)

Women Driving Growth in SUV Sales (The Detroit Bureau)

-Automotive Wholesale News-

Subcompacts hit annual soft price patch for 3rd straight year (Auto Remarketing)

-Automotive Ownership News-

Korean, Japanese Models Dominate Best Family Cars List (The Detroit Bureau)

Rising Summer Temperatures Means Rising Gas Prices (The Detroit Bureau)

SUV/CUV Loyalty Soars to Record Levels, IHS Automotive Reports (F&I Magazine)

-Automotive Enthusiast News-

What's the best family car for an enthusiast? (autoblog)

World Famous Barrett-Jackson Collector Car Auction Comes To Northeast For First Time (Forbes)

-Automotive Servicing News-

Ford recalling 1.9M vehicles to replace air bags (Detroit Free Press)

German auto parts supplier on road to self-driving cars (USA Today)

GM says its Takata air bag inflators are safe; government disagrees (LA Times)

These Six Automakers Are Recalling Nearly 2.5 Million US Vehicles (Fortune)

-General Business & Executive News-

Ad Firms Padded Profit at Client Expense, Study Said to Find (Bloomberg)

Automakers roll dice on emerging ride-share services (Detroit Free Press)

Dear auto entrepreneurs, please think outside the gearbox (TechCrunch)

Internet Brands Acquires Auto Credit Express (Market Wired)

Oracle, Edmunds Make Search, Shopper Data Available For Audience Segments (MediaPost)

Mapbox enters the autonomous vehicle market with Mapbox Drive, an SDK for cars (TechCrunch)

Mary Meeker's 2016 internet trends report: All the slides, plus analysis (recode)

NHTSA Fines Chevy Dealership $40,000 Over Selling Recalled Vehicles (DrivingSales)

Rental companies now have to repair recalled cars (USA Today)

RouteOne Names New CEO (F&I Magazine)

Study finds auto executives cooling toward acquisitions (Reuters)

Transportation technology will be the next Internet protocol (TechCrunch)

Uber’s Record $3.5 Billion From Saudi Arabia Fuels Global Expansion (U.S. News & World Report)

U.S. consumer spending increase strongest in over six years (Reuters)

Walmart is testing grocery deliveries with Uber and Lyft (autoblog)

-AEA Reminder-

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