Top Automotive Industry News for Week of May 9 - May 15, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week May 9, 2016 - May 15, 2016.

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

-Automotive Manufacturing News-

6,506 apply for 500 Ford GTs (The Detroit News)

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

Apple inching toward car with Didi investment (CNBC)

Audi CEO announces new electrified car each year starting in 2018 (autoblog)

Automakers Strengthening Bonds with Silicon Valley (The Detroit Bureau)

BMW readies electric, self-driving flagship car (Automotive News)

Chevrolet renews Major League Baseball sponsorship (USA Today)

Chevy Switches Up Small Car Marketing Tactics (AdAge)

Early Investigation Results Clear VW Execs of Wrongdoing (The Detroit Bureau)

End of a profit era for Toyota, shares fall on lower outlook (CNBC)

German minister has summoned Opel to investigative committee: spokesman (Reuters)

GM closes reported $1B purchase of Cruise Automation (Detroit Free Press)

GM Replacing 88% of Lineup By 2020 (Auto Dealer Monthly)

Honda posts loss as it seeks to draw a line under Takata recalls (Reuters)

Mitsubishi's fuel test scandal just tripled in size (CNN Money)

New auto launches to reach record pace (The Detroit News)

Nissan Reports FY 2015 Profit Jump of 34.6% (The Detroit Bureau)

Nissan takes 34% stake in scandal-hit Mitsubishi Motors (USA Today)

Nissan-Mitsubishi: A new rival for GM and Toyota? (CNN Money)

Silicon Valley and Detroit: The best of frenemies (Automotive News)

Sun sets on Buick's Verano (Automotive News)

Tesla says it has not finalized 2017 Model 3 design (Reuters)

Toyota Confirms FJ Cruiser Production Ends This August (Cheatsheet)

Toyota profits are being slammed by rising yen (CNN Money)

U.S. growth boosts profit at Subaru parent; company to change name to Subaru Corp. (Automotive News)

Volkswagen’s chronic inefficiency demands reform (The Detroit News)

VW gets ready to move on comeback plan in U.S.: sales chief (Reuters)

Why former Wall Street darling Tesla has slipped into reverse (CNBC)

-Automotive Retail News-

Auto sales to top 20M by 2018; GM, Ford to make gains (Detroit Free Press)

Being Customer Oriented Isn't the Best Marketing Strategy (AdAge)

Car Price Remains Important, But Not at All Costs (Wards Auto)

Five tips that will keep your dealership evolving into the tech world for the next 10 years. (CBT News)

GM Halts Sale of Three-Row SUVs Over Mileage Discrepancy (

Learn what a new study says about dealerships follow up with online leads. (CBT News)

More than CPO needed to handle growing used volume (Auto Remarketing)

Q1 2016 Delinquency Rates Reach New Highs, TransUnion Reports (Auto Dealer Monthly)

Study: Auto industry's sales boom will last to 2018 (USA Today)

Tesla Can Build All The Cars It Wants. The Real Challenge Could Be Selling Them (Forbes)

The Auto Sales Boom Won't Slow Down Anytime Soon (Fortune)

VW, U.S. dealers to hold talks on financial relief over emissions violations (Automotive News)

-Automotive Wholesale News-

Manheim Expands Inspection Services (Vehicle Remarket)

Prices in 3 car segments softening most year-to-date (Auto Remarketing)

-Automotive Ownership News-

Gas prices jump by 9 cents over past 2 weeks, averages $2.27 (CNBC)

Injury Data Shows Big Vehicles Are Still The Safest (Forbes)

Putting Tesla Auto Pilot To The Test - A Step Toward Autonomy But Yet Not A Self-Driver (Forbes)

The key to accurate vehicle info: It starts at appraisal (Auto Remarketing)

Utah Man Claims Tesla Model S Started On Its Own And Crashed Into Trailer (DrivingSales)

What Will It Take to Stop Us From Texting While Driving? (Fortune)

-Automotive Enthusiast News-

Amazon’s ‘Top Gear’ car show to be called The Grand Tour (TechCrunch)

Jay Leno on The Simpsons in a Morgan 3 Wheeler and a Citroen (autoblog)

Toyota Takes in 2007 “Million-Mile Tundra” on Trade (Truck Trend)

Used Supercars Selling for Bargain Prices (Vehicle Remarket)

-Automotive Servicing News-

Honda May Recall 20 Million More Airbags; Supplier Takata Plunges into the Red (The Detroit Bureau)

Is your dealership ready to service recalls? We’ll tell you how that adds up for consumers. (CBT News)

Report: Most Expensive, Affordable Models to Fix (Ratchet and Wrench)

Subaru warns 48,500 near-new cars could lose steering (USA Today)

Who is car repair act really protecting? (Detroit Free Press)

-General Business & Executive News-

Apple Invests $1 Billion In China’s Largest Ride-Hailing Service (DrivingSales)

BMW Turns to Tech Veteran to Head U.S. Car-Sharing Service ReachNow (Fortune)

DriveTime opts to wind down GO Financial (Auto Remarketing)

Fatal Road Crashes Involving Marijuana Double After State Legalizes Drug (AAA)

FTC Reportedly Re-Evaluating Google Search Practices For Abuse (Media Post)

Google will pay Arizona drivers $20 per hour to test self-driving cars (The Verge)

Hearst Magazines Launches New Auto-Focused Division (Auto Dealer Monthly)

Then And Now, Automakers Have Always Been Visual Marketing Masters (Media Post)

Strong U.S. retail sales, consumer sentiment data buoy economic outlook (Reuters)

The 10 Most Influential People in Automotive Technology (The Drive)

The American economy's big problem: we don't have enough companies like Tesla (Vox)

Usage-Based Auto Insurance, Slow at First, Picking Up Speed (Insurance Journal)

Warren Buffett and Dan Gilbert Unite in Bid to Acquire Yahoo (NY Times)

-AEA Reminder-

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Have a great week,

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