Top Automotive Industry News for Week of October 24 - October 30, 2016

Here is the most important news associated with the automotive industry identified by the AEA for the week October 24, 2016 - October 30, 2016.

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

-Automotive Manufacturing News-

Alfa Romeo SUV to go on sale early next year (Detroit Free Press)

Electronic Safety Tech and Car Washes Aren’t Always a Good Mix (The Detroit Bureau)

Engineering Budgets Go Way Beyond Dollars And Cents - Is It A Car, Truck Or SUV? (Forbes)

Feds goal: Keep cars safe from hackers (Detroit Free Press)

Fiat Chrysler invests $10.4M in new parts center (The Detroit News)

Ford's third-quarter profit, revenue slide (USA Today)

General Motors And IBM's Watson Aim To Make Your Life Easier (And A Tad Creepier) (Forbes)

GM earns a record $2.8B in third quarter, led by higher prices in U.S. (USA Today)

Honda Clarity FCV Gets 366-Mile Range Rating from EPA (The Detroit Bureau)

Hyundai, Kia reach fuel-economy settlement (USA Today)

Mercedes-Benz reveals luxury pickup truck (Detroit Free Press)

Mitsubishi Motors Earnings Take A $2 Bn Hit After Fuel Economy Scandal (Forbes)

Musk on Tesla Network: “It’s not Tesla vs. Uber, it’s the people vs. Uber” (TechCrunch)

Recall, product launch costs slash Ford third-quarter profit (CNBC)

Renault-Nissan Ready to Partner Up in Connected Car Space (The Detroit Bureau)

Silicon Valley Discovers ‘Making a Car is Hard’ (The Truth About Cars)

Slowing Sales Fail to Damper GM as Earnings Set Record (The Detroit Bureau)

Tesla again scrambles the self-driving debate (The Detroit News)

Tesla shares jump 6% on surprise profit, revenue beat (Market Watch)

U.S. judge approves $14.7 billion deal in VW diesel scandal (Reuters)

Volkswagen And Toyota In Neck-And-Neck Race For Global Top Spot (Forbes)

Volkswagen unveils new 2018 Atlas, its largest SUV for U.S. (USA Today)

VW raises full-year revenue guidance after third-quarter sales increase (CNBC)

Why Nissan Is Killing One of Its Most Famous Auto Models (Fortune)

-Automotive Retail News-

At least 3.2 million used-car sales likely for October (Auto Remarketing)

Auto Lenders Have New Reason to Worry (The Wall Street Journal)

AutoNation to sell its own parts, add used car centers (Detroit Free Press)

CarMax begins home delivery program in NC (Auto Remarketing)

Have Pickup Sales Peaked? (Auto Dealer Monthly)

KBB: SUV Sales to Top Car Sales in October (Vehicle Remarketing)

Lithia: Right People, Pay Plans and Product Deliver Record F&I Performance in Q3 (Auto Dealer Monthly)

Penske sees increase in U.S. gross profit per unit (Auto Remarketing)

Should Your Dealership Internally Manage Your SEM and AdWords Strategy? (Driving Sales)

U.S. sales expected to fall in Oct. for third straight month (Automotive News)

Used Cars Slip Past Recall Safeguards, Putting Drivers in Danger (NY Times)

VW to Start Diesel Buybacks (Auto Dealer Monthly)

-Automotive Wholesale News-

Black Book spots slow week for auctions (Auto Remarketing)

Used Vehicle Values Dip Below Monthly Average (Vehicle Remarketing)

-Automotive Ownership News-

2016 Auto Claims Study: Use of Technology Rises in Insurance Claims Process, but It Can’t Fully Replace Human Interaction (J.D. Power)

Car Culture: Waking up to the risks of drowsy driving (The Detroit News)

Tesla's Autopilot And Me: A Car Guy's First 21 Days Sharing The Wheel (Forbes)

-Automotive Enthusiast News-

BMW owner goes viral after parking car in living room to protect it from Hurricane Matthew (Washington Times)

-Automotive Servicing News-

3 carmakers recalling 6.3 million vehicles (The Detroit News)

BMW recalling 136,000 US vehicles over fuel pump: Regulators (CNBC)

Bosch Set to Debut Semi-Automatic Tire Changer (Ratchet and Wrench)

Meineke Offers Free Oil Changes for Veterans (Ratchet and Wrench)

Subaru recalls 100K turbocharged models for fire risk (autoblog)

Toyota adds 5.8 million more vehicles to global Takata recall total (CNBC)

-General Business & Executive News-

Americans drop a record-breaking $8.4 billion on Halloween this year (Washington Times)

Bill Ford to Silicon Valley: The future of cars is in Detroit (Daily Herald)

Can't Hack Safety: Regulators Halt Hotz's 'Comma' Automated Driving Plans (Forbes)

CR's Car Reliability Survey Reveals Shuffles in Brand and Model Rankings (Consumer Reports)

DrivingSales Executive Summit 2016 (DrivingSales)

General Motors Brings Its Maven Car Sharing Service To Los Angeles (Forbes)

Google To Spin Off Self-Driving Car Business (Forbes)

Inside Uber’s Plan to Take Over the Skies With Flying Cars (WIRED)

Silicon Valley Decides It’s Just Too Hard to Build a Car (Bloomberg)

Qualcomm Pays $38B to Get into Autonomous Vehicle Game (The Detroit Bureau)

Tesla unveils residential ‘solar roof’ with updated battery storage system (The Verge)

Uber’s Self-Driving Truck Makes Its First Delivery: 50,000 Beers (WIRED)

US economy grew at its strongest pace in 2 years (Washington Post)

Young Companies Gather to Pitch to Dealers and Investors at AutoVentures 2016 (DrivingSales)

-AEA Reminder-

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Have a great week,

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