Top Automotive Industry News for Week of September 5 - September 11, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week September 5, 2016 - September 11, 2016.

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

-AEA Membership News-

The next AEA Reception will be held in Las Vegas on Tuesday, October 25th, 2016 from 6pm – 9pm. All current AEA Members have been emailed their invitation, so please make sure you RSVP via the email link if you plan to attend. Contact memberservices@automotiveexecutives.com with any questions.

-Automotive Manufacturing News-

Apple's mysterious car project may be hitting bumps in the road (CNET)

Are You Ready For 'One Pedal' Driving? (Forbes)

BMW bosses to skip Paris show to thrash out electric car strategy, report says (Automotive

Bosch concealed Volkswagen use of 'defeat device' software: lawyers (Reuters)

Despite Retreat by Some Makers, Diesel Not Dead Yet (The Detroit Bureau)

Elon Musk is really interested in turning a profit. (CNN money)

Elon Musk Says Pending Tesla Updates Could Have Prevented Fatal Crash (NY Times)

EU finds Volkswagen broke consumer laws in 20 countries - Die Welt (CNBC)

Fisker Plug-In Makes Formal Return as Karma Revero (The Detroit Bureau)

Ford lowers 2016 pre-tax profit forecast on expanded recall (Reuters)

Four-door Bentley goes 200 mph (CNN Money)

Mich. Senate Approves Autonomous Vehicle Legislation (Ratchet and Wrench)

New heavy-duty vehicles MPG rules could save 2 billion barrels of oil (autoblog)

Plea deal promises inside look at VW plot (Automotive News)

Tesla gets $300 million lease credit line from Deutsche Bank (CNBC)

Tesla: Autopilot not behind Netherlands wreck (USA Today)

This Week’s OEM Headlines (CBT News)

Toyota Bets Big On Autonomous Tech, Swallows Millimeter Wave Radar Maker (Forbes)

Volvo will sell its self-driving car tech to other automakers (The Verge)

VW buys stake in Navistar in bet on U.S. trucks (The Detroit News)

VW engineer pleads guilty in emissions scandal (USA Today)

-Automotive Retail News-

Auto Loans Top $1 Trillion, But Delinquencies on the Rise (The Detroit Bureau)

Buyers with good credit turning to used cars (CNBC)

Experian: Q2 Auto Finance Data Doesn’t Support Subprime Bubble Talk (Auto Dealer Monthly)

Leasing volume surges past 31% in Q2 (Auto Remarketing)

Low Gas Prices Are Bad News for Prius Sales (Fortune)

Mini Vans are Back! (CBT News)

Sonic Automotive Rises Most Amid Gains for Car-Dealer Stocks (Bloomberg)

Waiting for used-vehicle prices to fall? Not yet (Automotive News)

Women are buying more luxury vehicles (The Detroit News)

-Automotive Wholesale News-

August wholesale prices tick 2% higher versus a year ago (Auto Remarketing)

Car Depreciation Accelerates in August, Trucks Steady (Vehicle Remarketing)

Car depreciation continues to outpace trucks (Auto Remarketing)

-Automotive Ownership News-

Gasoline Prices Drop to 12-Year Labor Day Lows, Good News For Motorists (Forbes)

You’ll Save a Ton of Money Because the Government Is Micromanaging Automakers (Time)

-Automotive Enthusiast News-

Classic Cars Get An Electric Upgrade From e-Drive Retro (Popular Science)

Formula 1 Sold to U.S. Media Conglomerate for $8 Bil (The Detroit Bureau)

Japan's Leaders Want To Make Tokyo A Self-Driving City For 2020 Olympics (Forbes)

-Automotive Servicing News-

GM recalls 4M vehicles for air bag defect linked to 1 death (Detroit Free Press)

Mazda recalls over 759,000 vehicles; rear hatches can fall (CNBC)

Nissan recalls 120K vehicles; fluid leaks can cause fires (CNBC)

-General Business & Executive News-

Cars.com looks to grow after spinoff (Automotive News)

DPS Teams Up With OneCommand, Peak Performance, and TimeHighway.com to Form New Company, Affinitiv (BayStreet)

Ford Motor buys into commuter shuttle business (USA Today)

GM's Mary Barra named Most Powerful Woman by Fortune (again) (Detroit Free Press)

How Amazon Could Disrupt the Auto Market (Time)

KBB.com Named Online Auto Shopping Brand of The Year (PR Newswire)

More technology startups open Detroit offices (The Detroit News)

New documentary recalls auto industry's darkest days (USA Today)

NFL Splits Auto Sponsors as Ford Joins Hyundai in Three-Year Deal (AdAge)

Self-Driving Cars to Cut U.S. Insurance Premiums 40%, Aon Says (Bloomberg)

Tegna to Spin off Cars.com, Weigh Options for CareerBuilder (Bloomberg)

XIO Group Completes Sale of J.D. Power (Auto Remarketing)

-AEA Reminder-

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Have a great week,

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