Top Automotive Industry News for Week of November 2 - November 8, 2015

Here is the most important news associated with the automotive industry identified by the AEA for the week of November 2, 2015 - November 8, 2015.

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

-Automotive Manufacturing News-

A look at this week’s top OEM headlines (CBT News)

Automaker Faraday Future To Build $1 Billion Factory In U.S. (DrivingSales)

BMW surprises with profit rise as Europe recovers (Reuters)

Dumped by Honda, air bag maker faces fresh questions over future (Reuters)

Fiat Chrysler U.S. unit’s Q3 profit falls 89% on costs for recalls (Automotive News)

Ford-UAW deal includes $9 billion in new investment (Reuters)

Ford, UAW Reach Tentative Contract (The Detroit Bureau)

Hyundai Has Sound Strategy To Succeed In Luxury Market, But New Genesis Brand Will Need Time to Grow (Forbes)

Mazda to stop using Takata air bag inflators containing ammonium nitrate (Reuters)

Takata Loses $46 Mil as Toyota Calls it Quits (The Detroit Bureau)

Takata shares sink by a quarter, more car makers may snub inflators (Reuters)

Tesla reports third-quarter loss; promises 'hundreds' of Model X SUVs soon (LA Times)

Toyota Investing $1 Bil in US Artificial Intelligence Center (The Detroit Bureau)

Volkswagen says will foot tax bill for carbon emissions blunder (Reuters)

Volkswagen Shares Battered Again As Diesel Scandal Spreads To Audi, Porsche (Forbes)

Who is Jia Yueting, the Chinese billionaire linked to Faraday? (LA Times)

-Automotive Retail News-

3 Proven Ways to Conquest and Close Today’s Auto Consumers (DrivingSales)

An Inside Look At Sonic Automotive’s First Strictly Pre-Owned Dealership, EchoPark (DrivingSales)

Are ‘cowboys’ helping save the US economy? (CNBC)

Auto loans reach an all-time high (CNBC)

AutoNation Posts $146 Q3 Increase in F&I Per-Copy Average (Auto Dealer Monthly)

AutoNation reports October new vehicle sales up 14% (MarketWatch)

Auto sales: Fiat Chrysler posts 67th straight increase (USA Today)

Car shoppers turn increasingly to social media, review sites (Auto Remarketing)

Carvana, Beepi continue growth moves (Auto Remarketing)

Chevy Volt sales surge with 2016 model, Nissan Leaf continues Autumn fall (autoblog)

CPO sales fly past 2 million (Auto Remarketing)

Customers Actually Prefer Businesses That Take the Lead (Driving Sales)

Dealerships jump on the Bond-wagon (Automotive News)

Ford Launches The Mother Of All Clearance Sales (Forbes)

Industry Posts 18.25 Million SAAR in October, Autodata Reports (Auto Dealer Monthly)

New solution aims to complete delivery within Web-connected vehicle (Auto Remarketing)

New-Vehicle Transaction Prices Rise More Than 1% in October (Auto Dealer Monthly)

October auto sales rate: 18.2M, up from 16.6M a year ago (CNBC)

The hot streak for the auto industry continues (CBT News)

Tesla extends referral program, but changes terms (MarketWatch)

Three Things Millennials Want You To Know (DrivingSales)

U.S. auto industry headed for record sales in 2015: GM (Reuters)

VW, Porsche, Audi Put All Diesel Sales on Hold in U.S. (Advertising Age)

Why the End of 2015 Will Be an Awesome Time to Buy a New Car (Time)

-Automotive Wholesale News-

Auction values drop to 2-year low in Q3 (Auto Remarketing)

-Automotive Ownership News-

Auto insurance pricing: It's time to adopt Travelocity, Zillow models (PropertyCasualty360)

These Are the Least Reliable New Cars (Time)

-Automotive Enthusiast News-

2015 SEMA Show (autoblog)

Aston Martin Made Bond’s New Spectre Car From Scratch (WIRED)

Top 10 High-Tech Cars At The 2015 Tokyo Motor Show (Forbes)

Trucks, SUVs rule when it comes to customization (USA Today)

-Automotive Servicing News-

Mercedes issues recall; air bags can inflate without crash (CNBC)

Toyota recalls pre-collision system on Avalon and ES models (autoblog)

VW recalls 92k models from 2015-2016 for camshaft failure (autoblog)

-General Business & Executive News-

10 Brands That Will Disappear In 2016 (Huffington Post)

Autobytel Reports Record Third Quarter 2015 Results (Nasdaq)

Honda Dealer Loses $2.8 Million Dollar Lawsuit Over ‘Closing Fee’ (DrivingSales)

Jackson: 'I'm the black sheep' in NADA's view (Automotive News)

Nissan goes long on college sports marketing (Automotive News)

Smartphone Ownership Rises In U.S., Marketing Tactics Change (MediaPost)

Takata Issued NHTSA's Largest Civil Penalty (Ratchet and Wrench)

Tegna profit beats estimates but sales miss (MarketWatch)

The Connected Car: Tech Demand Drives Auto M&A (Forbes)

TrueCar's Loss Narrows as Revenue Rises (Nasdaq)

Volkswagen May Offer Cash To Ease Owners’ Ire (NY Times)

-AEA Reminder-

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Have a great week,

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