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Inside this issue
Billions Will Be Blown in Race to Field First Self-Driving Cars
U.S. Says 2.7 Million Additional Takata Air Bag Inflators to be Recalled
U.S. EPA Chief Says to Treat Diesel Emissions Cheating 'Very Aggressively'
Planning for Peak Auto
Audi A8 Adopts New Level of Autonomous Driving
Save-the-Date: NADA Show 2018 Returns to Las Vegas from March 22 to 25
Top Stories
Billions Will Be Blown in Race to Field First Self-Driving Cars

The race to field the first autonomous car will be a Darwinian exercise, with more than 50 major competitors reduced to a handful of winners over the next decade, according to a new study by consultant AlixPartners LLP.
Source: Bloomberg

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U.S. Says 2.7 Million Additional Takata Air Bag Inflators to be Recalled

The U.S. National Highway Traffic Safety Administration said Tuesday that new testing is prompting Takata Corp. to declare 2.7 million air bag inflators defective in Ford Motor Co., Nissan Motor Co. and Mazda Motor Corp. vehicles.
Source: Reuters

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U.S. EPA Chief Says to Treat Diesel Emissions Cheating 'Very Aggressively'

U.S. Environmental Protection Agency chief Scott Pruitt said the agency must ensure Volkswagen AG's excess diesel emissions is not repeated, and will treat improper behavior by automakers "very aggressively." Since Volkswagen admitted in September 2015 to illegally using software to evade emissions regulations, the EPA has been investigating diesel issues in a number of other automakers including Fiat Chrysler Automobiles NV and Daimler AG.
Source: Reuters

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Planning for Peak Auto

Last year automakers set the all-time record for new car sales in the U.S. market. But based on historical trends, those sales should have been a lot higher. Thanks to stagnant incomes and alternative transportation choices, a smaller percentage of people are buying new cars. We may never see sales go above the levels they hit in 2016.
Source: WardsAuto

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Audi A8 Adopts New Level of Autonomous Driving

The retooled A8 will become Audi's first production vehicle capable of Level 3 autonomous driving, the company said at the sedan's launch on Tuesday. Audi becomes the first car company to claim to offer Level 3 capability on a production vehicle, which allows hands-off capability but requires the driver to take back control at any time. "This will completely change our mobility," Audi sales boss Dietmar Voggenreiter said at the A8's unveiling.
Source: Automotive News

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NADA Show News
Save-the-Date: NADA Show 2018 Returns to Las Vegas from March 22 to 25

NADA Show 2018 (formerly the NADA Convention & Expo) returns to Las Vegas for four days running from Thursday, March 22, to Sunday, March 25.


 
“The NADA Show provides one of the best networking opportunities in the industry—from attending the dealer-franchise meetings and workshop sessions to shopping for the latest products and services in the exhibit hall,” said Richard Stephens, NADA Show committee chairman. “Attendees will be among the first in the industry to see what’s new and what’s next in automotive retailing.”

The keynote speakers will be announced soon.

Online registration for dealers and their managers, which includes an early-bird discount and hotel selection, opens Oct. 2, 2017. Learn more at www.nadashow.org.
Source: NADA

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Quotable
"You've got 50 major players trying to develop autonomous software and you'll probably get three or four of them who will win. There will be billions and billions of dollars lost in bets that were put in the wrong place."

    -- John Hoffecker, global vice chairman of the Southfield, Michigan-based firm, said in a speech Tuesday to the Automotive Press Association in Detroit, Bloomberg, July 12

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