Top Automotive Industry News for Week of November 4 - November 10, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of November 4, 2019 - November 10, 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 Cars.com EVP, Dean Evans, to Autovate conference speaker lineup 12/2/19-12/3/19 @ the Kimpton Van Zandt in Austin, Texas

-Automotive Manufacturing News-

Acting UAW president concerned about RICO, says he’s ‘confident’ current board is clean (CNBC)

Electric Vehicles Not Robots Are The The Focus of Autoworkers’ Negotiations With Ford And GM (Forbes)

Expect FCA-Peugeot merger plans to be 'elephant' in room during UAW talks (Detroit Free Press)

Fiat’s deal with PSA could secure investment-grade credit rating (The Detroit News)

Ford, UAW correct proposed contract as voting continues (The Detroit News)

Ford hires former Zipcar CEO for autonomous vehicle unit (CNBC)

GM sells its Lordstown Assembly plant to electric truck start-up (Detroit Free Press)

GM UAW workers ponder the point of the strike in light of Ford's deal (Detroit Free Press)

Hyundai Set to Nearly Triple “Eco-Focused” Product Lines (The Detroit Bureau)

Japanese automaker Honda cuts profit outlook as sales slip (The Detroit News)

Justice Department subpoenas four auto makers over California emissions deal (MarketWatch)

New UAW chief moves to restore credibility, forestall government oversight (The Detroit News)

Opinion: Tesla’s competitors find that going electric has its own set of problems (Market Watch)

The demise of the car key: Tesla, Lincoln lead auto industry in ditching keys for mobile entry (CNBC)

Toyota posts 1% profit gain in 2Q on healthy global sales (autoblog)

Workers at Chicago Ford Plant Vote Down Proposed Deal (The Detroit Bureau)

-Automotive Evolution News-

Alphabet’s self-driving car project Waymo is shuttering its Austin operations (CNBC)

Artificial intelligence might be reading your license plate. Here's the company behind it (USA Today)

Study Shows Enthusiasm For Robocars, But Unwillingness To Give Up Control (Forbes)

Uber faces costly choices after expert finds it uses Waymo self-driving tech (Reuters)

-Automotive Retail News-

AutoNation, Sonic Set Records as Publics Grow PVR (Auto Dealer Today)

Average New Vehicle Prices Up Nearly 3% in October (Auto Dealer Today)

Carvana Announces Third Quarter 2019 Financial Results (Carvana)

More Americans Buying Electric Cars Than Manual-Transmission Cars (Car and Driver)

October Sales: SAAR Could Hit 17M for 5th Straight Year (Auto Dealer Today)

-Automotive Wholesale News-

Certifying Wholesale Vehicles Can Boost Sales (Vehicle Remarketing)

Research: Certified vehicles bring quicker sale, confidence (Auto Remarketing)

Small Trucks and Cars Bring Down Weekly Wholesale Values (Vehicle Remarketing)

Technology, online sales a positive impact for inspections & condition report space (Auto Remarketing)

-Automotive Ownership News-

Burning Money: Vehicles That Depreciate The Fastest, and Those That Hold Onto Their Values Best (Forbes)

-Automotive Servicing News-

AAPEX 2019 to Advocate for Consumer Access and Control of Vehicle Data (PR Newswire)

How the GM strike sent ripples across auto parts suppliers (autoblog)

J.D. Power Survey Shows Consistency Matters to Aftermarket Consumers (Modern Tire)

-General Business & Executive News-

Attention Kroger shoppers: New auto buying program from TrueCar (Auto Remarketing)

Automotive Industry Veteran Skip Dowd Joins the Xcite Automotive Executive Team (PR Newswire)

AutoWeb Reports Third Quarter 2019 Results (Autoweb)

CarGurus Announces Third Quarter 2019 Results (CarGurus)

Cars.com Names Proven Automotive and Marketing Innovator Dean Evans as Executive Vice President (Cars.com)

Cars.com Reports Third Quarter 2019 Results (Cars.com)

Consumer Reports: ‘Outrageous safety lapses’ by Uber preceded fatal self-driving car crash (Consumer Reports)

How did the US economy do in the third quarter? (CNN)

Penske buys Indianapolis Motor Speedway, IndyCar (CNBC)

TrueCar Reports Third Quarter 2019 Financial Results (TrueCar)

Wrench, Seattle mobile car-repair company, raises $20M to fuel expansion (Seattle Times)

-AEA Reminder-

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Have a great week,

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