Top Automotive Industry News for Week of May 7 - May 13, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week May 7, 2018 - May 13, 2018.

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

-Automotive Manufacturing News-  

At meeting with automakers, Trump launches new attack on NAFTA (autoblog)

Audi latest luxury automaker to skip Detroit auto show (The Detroit News)

Automakers cash in on mainstream models with big-sticker trims (Automotive News)

Rolls-Royce created a rugged new SUV, but at a shocking price (USA Today)

BMW says this 617-horsepower M5 beast is most powerful ever (USA Today)

Cohen approached Ford for consulting, Mueller wants to see the records (Detroit Free Press)

Elon Musk Drops $10 Million On Tesla Stock, Defying Short-Sellers (Forbes)

Ford is scrambling to limit the impact of stopping F-Series production (CNBC)

Ford stands by decision to cut sedans (The Detroit News)

Ford says lost truck production will hit second quarter earnings (Reuters)

GM CEO wants 1 national fuel economy standard (Detroit Free Press)

GM gets defense unit ready for deployment (Automotive News)

Here’s why automakers won’t want Trump’s plan to freeze fuel efficiency rules (CNBC)

Mazda Names VP Marumoto New President and CEO (Bloomberg)

Mitsubishi Motors Profits Rebound Big in FY17 (The Detroit Bureau)

New Digs: Tesla Will Take Orders for Its Dual-Motor Model 3 Soon (Car and Driver)

NHTSA Confirms Newer Cars Much Safer Than Older Ones (Forbes)

Panel of Advocates Push for CAFE Standards to Remain Unchanged (The Detroit Bureau)

Toyota's Upbeat Profit Forecast, Stock Buyback Lift Shares (Bloomberg)

Tesla video teases unnamed vehicle under a sheet, and new Roadster accelerating (CNBC)

Trump to sit down with major automakers to discuss fuel efficiency standards (CNBC)

Nissan, Toyota To Shift Away From Diesel In Wake Of Emissions Scandal (Forbes)

Takata's defective airbags linked to 278 injuries in U.S., senator says (Autoblog)

Tesla with Autopilot slams into truck stopped at red light (The Detroit News)

Toyota bets on cost cuts to drive record-high R&D spend (Reuters)

Trump urges automakers to build more vehicles in U.S., blasts NAFTA (Reuters)

-Automotive Evolution News- to offer Uber-like service with self-driving vans starting in July (LA Times)

Flexibility Will Drive Success of Autonomous Vehicles (The Detroit Bureau)

Electric Vehicles Tread as Lightly as the Grid They Plug Into (Car and Driver)

How Waymo plans to develop and deploy its brand (Automotive News)

Meet the hydrogen-powered car trying to take on Tesla (CNBC)

The Robot Car Revolution Heads To Texas With's Public Test Ride Plan (Forbes)

This is the first look at Uber’s air taxi concept (TechCrunch)

Uber hires senior safety official after deadly Arizona self-driving car crash (USA Today)

Who’s Winning the Self-Driving Car Race? (Bloomberg)

-Automotive Retail News-

As Gas Prices Rise, Detroit Jacks Up Discounts on Pickups (Forbes)

AutoNation offers update on standalone used-car stores (Auto Remarketing)

Autotrader names May's top CPO deals (Auto Remarketing)

Carvana’s sales beat boosts stock, triggers upgrade all the way to buy from sell (MarketWatch)

Equifax: Finance Sources Pull Back From Subprime, Leasing (F&I Magazine)

Electric Cars Gain Popularity as Americans Run Low on Excuses (

Group 1 Hits Record PRU in Q1 (F&I Magazine)

Spring market starts to wind down (Auto Remarketing)

The Safest And Most Reliable Used Cars For Young Drivers (Forbes)

Used Sales Will Rise, New Sales Will Fall in 2018, Cox Says (Vehicle Remarketing)

-Automotive Wholesale News-

$105.6 billion in sales at auto auctions last year (Auto Remarketing)

AutoNation's Atlanta auction expands wholesale network 'coast to coast' (Auto Remarketing)

Cars Outpace Trucks, Vans in April Depreciation (Vehicle Remarketing)

-Automotive Ownership News-

Driven to distraction by smartphones, other devices (The Detroit News)

Click It or Ticket is Back: This Means You Teen Driver (The Detroit Bureau)

-Automotive Enthusiast News-

In the Car Museum Race, Some Drop Out (The New York Times)

-Automotive Servicing News-

After Three Toyota Owners Say Steering Wheel Came Off Feds Investigate (Forbes)

FCA recalls more than 325,000 older-model Jeep Liberty SUVs (Automotive News)

Fewer repair orders, better cost controls for car dealers in 2018 (Automotive News)

GM plans new $65M parts-processing facility near Flint (The Detroit News)

Mercedes to recall Smart cars due to engine fire risk (The Detroit News)

-General Business & Executive News-

AutoWeb Reports Fourth Quarter and Full Year 2017 Results (Globe Newswire)

BMW Launches New Financial Tech Lab (The Detroit Bureau) Reports First Quarter 2018 Results (PR Newswire)

Here's What Oil at $70 Means for the World Economy (Bloomberg)

TrueCar Reports First Quarter 2018 Financial Results (Globe Newswire)

Trump’s Trade Moves Put U.S. Carmakers in a Jam at Home and Abroad (NY Times)

Warren Buffett: Autonomous driving cars 'will be bad' for insurance industry (CNBC)

-AEA Reminder-

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Have a great week,

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