Final Edition News Roundup - NADA End of Day Recap
Final Edition End-of-Day Roundup
Lexus remained the most-liked brand by dealers in the latest ranking of the National Automobile Dealers Association Dealer Attitude Survey, while Porsche overtook Audi to land in the top five. Lexus sibling Toyota retained the second spot, followed by Subaru repeating at third and Honda remaining in the No. 4 position in NADA's summer 2018 survey. Porsche moved up one spot from the winter survey to finish fifth. Rounding out the top 10 in the summer survey are Audi, Mercedes-Benz, Volvo, Jeep and Ram.
Source: Automotive News
Disarray at the top of the world’s largest auto-making consortium intensified after Nissan’s directors failed to nominate a new chairman, and Renault pushed for a public discussion of the growing risks it faces in a financial reporting scandal that led to the jailing of Carlos Ghosn, the alliance’s hard-charging chief.
Source: The New York Times
As GM moves to wind down production at four U.S. plants, Ford Motor Co. and Fiat Chrysler are rebalancing their U.S. production, affecting union members and signaling a slowdown in vehicle sales.
Source: The Detroit News
The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels.
Source: Reuters
Smart keys are so 2018. Starting next year, Hyundai will begin selling cars that drivers can unlock and turn on with the touch of a finger. The South Korean carmaker unveiled the 2019 Santa Fe SUV at a Chinese auto show Friday, and its new fingerprint technology allows consumers to do much more than open doors.
Source: Fortune