Top Automotive Industry News for Week of November 11 - November 17, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of November 11, 2019 - November 17, 2019.

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

-AEA Industry Partner News-

AEA Member, Cliff Banks, adds new EVP, Dean Evans, to Autovate conference speaker lineup 12/2/19-12/3/19 @ the Kimpton Van Zandt in Austin, Texas

-Automotive Manufacturing News-

Automaker Daimler to save $1.54B by cutting manager posts (The Detroit News)

California, 22 other states sue EPA over right to set emissions standards (autoblog)

Consumer Reports puts Tesla back on recommended list as reliability improves (CNBC)

Discord over mpg rules creates 'difficult time' for carmakers in DC (The Detroit News)

Edmunds report shows Ford and Chevy are losing market share by ditching small cars (autoblog)

Fiat Chrysler dumped 40,000 unordered vehicles on dealers (autoblog)

Ford accidentally leaks Mustang Mach-E details prematurely (USA Today)

Ford’s first all-electric SUV, the Mach-E, will be a Mustang (CNBC)

‘Greenwashing’ Automakers Are Failing To Support Electric Cars, Putting Future Viability In Jeopardy, Study Says (Forbes)

Hyundai Confirms Santa Cruz; Will Build 1st Pickup in Alabama (The Detroit Bureau)

Smart Factories’ Hype Vs. Reality: Capgemini Report Says Only 14% Of Smart Factory Deployments So Far Are Considered Successful (Forbes)

Toyota Takes Twitter Heat after Siding with Trump on Fuel-Economy Rules (Car and Driver)

UAW Sets Out Series of Reforms Aimed Cleaning Union’s Image (The Detroit Bureau)

United Auto Workers union approves new labor deal with Ford (CNBC)

Volkswagen to invest $66 billion in e-mobility, digital tech by 2024 (autoblog)

Watch Ford unveil the electric Mustang Mach-E, its first mass-market EV (The Verge)

-Automotive Evolution News-

Here’s How Quantum Computer Supremacy Will Impact Self-Driving Cars (Forbes)

L.A.’s Quest For Transportation Fixes Pulls Waymo, Lyft And Verizon Into ‘Urban Movement Labs’ Alliance (Forbes)

Uber’s Self-Driving Car Didn’t Know Pedestrians Could Jaywalk (Wired)

-Automotive Retail News-

3 weeks after GM strike, dealers await 2020 models, cut back hours (The Detroit News)

Auto Loans and Leases Up 1% in Q3 (Auto Dealer Today)

Former GM, Ford Small-Car Owners More Often Moving to Other Brands Rather than SUVs (The Detroit Bureau)

Sierra Club finds few dealers carry EVs; those that do don't know much about them (autoblog)

Toyota and Lexus Win Overall Brand Honors in 4th Annual 2020 ALG Pre-Owned Value Awards (Globe Newswire)

-Automotive Wholesale News-

Early November Wholesale Values See Steep Drop (Vehicle Remarketing)

Used Fleet Vehicles Fall 0.6% in October (Vehicle Remarketing)

-Automotive Ownership News-

14 tips for a safe and fun holiday road trip (MarketWatch)

-Automotive Servicing News-

Fire danger causes Nissan to recall over 394,000 vehicles (The Detroit News)

Ford issues recall, safety alert on best-selling 2019-20 F-150, Super Duty and MKX (Detroit Free Press)

-General Business & Executive News-

ACV Auctions secures $150 million in Series E funding (Auto Remarketing)

CarGurus CEO Defends Business Model (Wards Auto)

Chinese Tesla rival Xpeng raises $400 million from investors such as Xiaomi (CNBC)

The auto industry is still a boys' club at the top despite GM CEO Mary Barra's success (USA Today)

US retail sales rebound, but big-ticket purchases drop (CNBC)

-AEA Reminder-

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Have a great week,

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