Top Automotive Industry News for Week of October 15 - October 21, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week October 15, 2018 - October 21, 2018.

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

-AEA Membership News-

AEA Reception is tonight in Las Vegas. See you there!

-Automotive Manufacturing News-

Audi slapped with a $930 million fine by German prosecutor for its diesel cheating scandal (CNBC)

Daimler Cuts Earnings Estimates as Outlook Gets Tougher (The Detroit Bureau)

Ford's new 'Proud' ad campaign features Bryan Cranston from 'Breaking Bad (USA Today)

Ford and Volkswagen flirting with relationship possibilities and joint projects (USA Today)

Ford boosts production of its $400,000 GT supercar as demand outpaces supply six-to-one (CNBC)

Ford seeks to allay dealers’ worries with ‘comeback story’ (The Detroit News)

Frustrated GM investors ask what more CEO Barra can do (Reuters)

GM Offers Extended Warranties As Reliability Ratings Improve And Scammers Surge (Forbes)

Hyundai's Nexo Stands Out As The First Truly Complete Fuel Cell Electric Vehicle (Forbes)

Judge approves Elon Musk settlement with SEC (The Detroit News)

New Chips Improve Tesla Autopilot “500% to 2000%,” Musk Says (The Detroit Bureau)

Porsche denies speculation that it's planning to go public (CNBC)

Tesla buys new plot for China factory for $140 million (CNBC)

Tesla, GM in line for EV boost under U.S. Senate bill (Automotive News)

VW's Porsche expects to repeat record vehicle sales this year (Reuters)

-Automotive Evolution News-

Clutch Looks To Increase the Number of OEMs, Dealers on Its Subscription Platform by Year’s End (Auto Finance News)

Future of electric-car tax credit up in the air (The Detroit News)

Google’s Waze expands carpooling tool throughout U.S. (The Detroit News)

How car subscription app Fair wants to disrupt the market for car loans using subscriptions (CNBC)

Kids' Ride Service Race Heats Up As Zūm Expands To Take On Kango, HopSkipDrive (Forbes)

Not everyone is ready to ride as autonomous vehicles take to the road in ever-increasing numbers (CNBC)

The Computer Chauffeur Is Creeping Closer (The New York Times)

Waymo details how emergency services should deal with self-driving incidents (autoblog)

-Automotive Retail News-

Assurant Launches Mechanic 2.0 (Auto Dealer Monthly)

Best budget-friendly small cars include Kia, Honda, Hyundai and Mazda sedans (USA Today)

Black Book Valuation Data Now Integrated With CDK’s Lightspeed EVO (Auto Dealer Monthly)

CarMax pinpoints where its sales of manual transmissions are rarest, most common (Auto Remarketing)

Change Is Coming to Automobile Dealerships (Forbes)

Equifax: Vehicle Sales Down, Borrowing Up (Auto Dealer Monthly)

GM Rolls Out Optional Extended Warranty (Auto Dealer Monthly)

-Automotive Wholesale News-

5 trends surface as wholesale-price softening accelerates (Auto Remarketing)

Weekly Vehicle Values Fall Precipitously (Vehicle Remarketing)

-Automotive Enthusiast News-

These Are the Most Valuable Cars Jerry Seinfeld Has Featured on Comedians in Cars Getting Coffee (Car and Driver)

-Automotive Servicing News-

Goodyear offers replacement tires at consumers' homes (Automotive News)

Safety administration investigates Ford pickup tailgates opening unexpectedly (Detroit Free Press)

-General Business & Executive News-

Auto Classified Industry Veterans Skip Dowd and Ernie Blood Launch MautoSearch (Medium)

Car-shopping company Shift seeks to follow Carvana with 2020 IPO (Automotive News)

Cox to shed staff as it restructures (Automotive News)

Dealer Inspire Expands in Canada Offering New Digital Marketing Options for Automotive Dealers (

Google Adds EV Charging Stations to Google Maps (

Report: Uber, Lyft each looking to go public in 2019 as rivalry heads to Wall Street (USA


Walmart to team with Advance Auto Parts for online store, lowers FY 2019 earnings forecast (USA Today)

U.S. retail sales increase modestly; consumer spending strong (Reuters)

-AEA Reminder-

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