Top Automotive Industry News for Week of November 25 - December 1, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of November 25, 2019 - December 1, 2019.

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

-Automotive Manufacturing News-

At Ford, $37 billion in the bank and strapped for cash (CNBC)

Audi Works To Recover From Shaky EV Launch (Forbes)

Daimler Plans 10,000 Layoffs Amid Auto Industry’s Electric Vehicle Pivot (Forbes)

Ex-UAW president Gary Jones resigns from union in 'unprecedented' move (Detroit Free Press)

Fiat Chrysler, UAW reach new tentative labor deal (CNBC)

Ford challenges Tesla to an apples-to-apples truck tug of war (The Detroit News)

GM “On Track” to Meet 20 EV Target by 2023 (The Detroit Bureau)

Lincoln's remaining sedans are doomed — but a new model could help brand (Detroit Free Press)

Mustang Mach-E Takes Aim at Tesla Model Y (The Detroit Bureau)

Nissan to roll out high-tech production system amid pressure to cut costs (Reuters)

Tesla's polarizing Cybertruck was preordered 200,000 times within 3 days (USA Today)

Tesla’s Cybertruck Will Face These Five Electric Pickups in 2021 (Forbes)

The Comfort-Loving Cult of the Lincoln Town Car (The New York Times)

UAW's Vance Pearson makes initial court appearance on corruption charges (The Detroit News)

-Automotive Evolution News-

Electric cars too quiet? Automakers add real or fake sound to their cabins (USA Today)

Tesla Patents Frickin' Laser Beams That Clean a Car's Glass (Car and Driver)

Thermal camera demo shows new tool in fight to make driverless cars safer (USA Today)

-Automotive Retail News-

Car Dealership Customers Often Lost in the Lot (Wards)

Electric Car Sales Ambitions Dangerously Ahead Of Forecasts (Forbes)

For Middle-Class Shoppers, New Cars Are Moving out of Reach (Car and Driver)

J.D. Power: Auto sales likely to be up 4% in November (The Detroit News)

Out With Kicking Tires— Data Is The New Curb Appeal For Car Buyers (Forbes)

Outlook for November used sales? Depends on your comparison (Auto Remarketing)

Post-Thanksgiving Weekend Key to November Sales Results (The Detroit Bureau)

Sluggish demand and low interest rates make Black Friday one of the best days of 2019 to buy a car (CNBC)

Survey: Dealers’ online experience lacks personalization (Auto Remarketing)

TrueCar’s ALG Forecasts New Car Auto Sales Remain Steady, Down Slightly for November in Similar Trend Throughout 2019 (Globe Newswire)

-Automotive Wholesale News-

Depreciation Bites Hard for Three-Week Period (Vehicle Remarketing)

Wholesale-value declines gain momentum as November continues (Auto Remarketing)

-Automotive Ownership News-

Expect travel delays as more than 55 million people hit the roads, rails and skies for Thanksgiving (CNBC)

Owners of world's most outrageous car collections include Ralph Lauren, Floyd Mayweather (USA Today)

People in these 10 cities are paying the most to get to work (CNBC)

-Automotive Servicing News-

Ford shows commitment to ease technician shortage (Auto Remarketing)

-General Business & Executive News-

Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts (ValuBit)

HGreg.com Acquires Massive South Florida Nissan Dealership (Auto Dealer Today)

PSA's Tavares shares views on bid to combine with FCA (Automotive News)

-AEA Reminder-

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Have a great week,

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