US-based NVIDIA announces intent to acquire UK-based Arm for $40B. You may not know Arm by name, but the company's intellectual property is shipped in tens of billions of integrated circuits every year. In automotive, four out of every five processors in infotainment and driver assistance are based on Arm architectures—including those from NVIDIA. Both Arm and NVIDIA have long lists of ecosystem partners and a growing footprint in Autonomous Driving. But the combination of Arm expertise in scalable CPU design, plus NVIDIA expertise in GPUs and software, could create a one-stop-shop for anyone looking for automotive processors. The open nature of Arm architectures gives freedom to automotive engineers to develop and deploy scalable solutions from today's driver assistance to tomorrow's autonomous mobility… pending regulatory approvals, of course. I'm Jeremy Carlson with an IHS Markit Minute.

Kristen Balasia, Anoop Desai and Thomas Libby talk about how the COVID-19 pandemic has impacted global emissions and fuel regulations, and how regional markets and manufacturers respond to this.

North American auto production is expected to drop to 12.9 million units in 2020. However, the need to replenish inventories and more robust pace of sales is indicating the recovery is stronger than expected. IHS Markit expects North American production will reach 15.2 million units in 2021.

Michael Robinet discusses recent automaker partnerships including two by GM with Honda and Nikola; FCA with PSA; and Ford's alignment with VW.

In this podcast, Stephanie Brinley discusses Jeep's reentry into the full-size SUV segment. On September 3, 2020, Jeep will reveal the new Wagoneer and Grand Wagoneer via virtual events amid the COVID-19 pandemic. The full-size SUV segment has relatively few players. In 2019, this segment accounted for 2.4% of total US light vehicle sales.

US sales figures from July reflect sustained retail sales levels. The outlook for second half of year remains opaque but shows people are willing, able and ready to entertain a new car purchase. IHS Markit upgrades its outlook to 13.6 million units for the full year.

Kristen Balasia, Joseph Kyriakoza and Melanie Erff talk about the accelerated change of automotive retail due to the COVID-19 pandemic impact.

Todd Campau discusses the average age of vehicles in the United States. With nearly 280 million vehicles on the road the average age is approaching 12 years. 25% of these vehicles are 16 years of age or older. The average age of vehicles is expected to increase further due to COVID-19 work from home policies and the reduced number of vehicle miles traveled which extends a vehicle's life.

With 2.5 months of lost output and revenue, strategy is front and center for the North America auto industry.

Changing consumer preferences in the US with Stephanie Brinley.