Top Automotive Industry News for Week of September 24 - September 30, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week September 24, 2018 - September 30, 2018.

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

-AEA Membership News-

Save the Date!

The next AEA Members Reception will be held on Tuesday October 23rd, 2018 in Las Vegas. Invitations have been sent to all current AEA Members. If you have any questions, please contact memberservices@automotiveexecutives.com

-Automotive Manufacturing News-

Cadillac headquarters is moving back to metro Detroit after 4 years in New York City (USA Today)

California affirms car mileage rule despite Trump rollback (The Detroit News)

Daimler has a new CEO and plenty of challenges (CNN)

Elon Musk agrees to pay $20 million and quit as Tesla chairman in deal with SEC (CNN)

Fiat Chrysler says regulators get 'wake-up call' over fuel rules (Reuters)

Hyundai's Alabama Plant Ready To Make More SUVs Whenever Demand Requires It (Forbes)

Japan dodges U.S. auto tariffs, for now, as Trump and Abe agree on trade talks (Reuters)

Prospect of Musk-less Tesla rattles markets (The Detroit News)

SEC charges Tesla CEO Elon Musk with fraud (CNBC)

Tariffs cost Ford $1 billion in profit and hurt sales in China (CNBC)

Tesla's Musk pulled the plug on a settlement with the SEC at the last minute (CNBC)

Tesla achieves Model 3 production target, report says (MarketWatch)

Toyota expected to add Android Auto to its cars (Engadget)

With Start-Ups Finally Penetrating the Auto Industry, a Pair of Legacy Manufacturers Launched Their Own (The Drive)

-Automotive Evolution News-

Ford’s Self Driving Car Guru Sees Second Customer, IPO Possible (Industry Week)

Toyota invests in ride-hailing, eyeing future of cars (The Detroit News)

How the Auto Industry Is Driving Itself Into the Future (Fortune)

-Automotive Retail News-

Are Subscriptions The Prescription To Cure Sagging Car Sales? (Forbes)

California Weighs an Additional $2,000 Subsidy for Electric Cars (Bloomberg)

Cox: September Sales to Decline 7.2% From Year-Ago Levels (Auto Dealer Monthly)

Dealers Feel the Pressure of Competition in Used-Car Market (Auto Finance)

Here's why another rate hike could kill some cheap auto lease deals (USA Today)

New Vehicle Sales Declined Slightly in September: Edmunds (Vehicle Remarketing)

September Auto Sales Will Probably Fall, But It's Not As Bad As It Looks (Forbes)

-Automotive Wholesale News-

Sedan Values Continue to Falter (Vehicle Remarketing)

-Automotive Ownership News-

Most drivers don't understand limitations of car safety systems, AAA finds (USA Today)

-Automotive Enthusiast News-

Syllabus For The Inquisitive Enthusiast And Aspiring Young Automotive Journalist (Forbes)

-Automotive Servicing News-

Honda recalls 1.4 million cars to replace front passenger air bag inflators from Takata (USA Today)

-General Business & Executive News-

Cars.com Has a New Sales Approach: “Tinder for Cars” (CBT)

Cox Automotive’s O’Neil to Retire in February (F&I)

Edmunds Launches New Destination for Curated Editorial Content (PR Newswire)

Fed Reserve Approves Third Rate Hike of 2018 (F&I)

FTC: Credit Freezes Are Now Free (Auto Dealer Monthly)

Insurance startups have raised billions as industry players fight tech disruptors (TechCrunch)

SiriusXM to acquire Pandora for $3.5 billion (TechCrunch)

Sonic CEO Scott Smith Steps Down, Successors Named (F&I)

The World’s Leading Electric-Car Visionary Isn’t Elon Musk (Bloomberg)

-AEA Reminder-

Did we miss something? Let us know via our Contact Us Page >> . If you have specific important news going public soon that you would like to share with your fellow AEA Members, submit your PR Distribution Request >>

Have a great week,

Member Services

memberservices@automotiveexecutives.com

Automotive Executives Association

www.automotiveexecutives.com