Top Automotive Industry News for Week of October 28 - November 3, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of October 28, 2019 - November 3, 2019.

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

-Automotive Manufacturing News-

Elon Musk Warns Tesla “Full Self Driving” Goes Up Tomorrow. Do The Numbers Make Sense? (Forbes)

FCA merger means you'll need to learn these car brand names (Detroit Free Press)

Fiat Chrysler and Peugeot confirm deal to create the world’s fourth-largest carmaker (CNBC)

Fiat Chrysler-Groupe PSA $50 Billion Merger Looks Less Rosy A Day Later (Forbes)

Fisker electric SUV named Ocean, and it'll have an app-based lease (autoblog)

Ford and U.A.W. in Tentative Contract Deal (The New York Times)

Ford Confirms Bronco Debut Plans (The Detroit Bureau)

Ford to close Michigan engine plant as part of new UAW contract (USA Today)

GM says UAW strike cost nearly $3 billion but still turns third-quarter profit (USA Today)

Here's the list of Ford's $6B in plant, product investment commitments (Detroit Free Press)

Hyundai Neptune Fuel Cell Big Rig Ready to Battle with Battery-Electric Competitors (The Detroit Bureau)

Trump Reportedly Reverses Plans To Freeze Auto Fuel Efficiency (Forbes)

UAW leaders approve Ford labor deal, send it to rank-and-file union members for final vote (CNBC)

Volkswagen faces a careful ‘balancing act’ to reach its electric future (CNBC)

-Automotive Evolution News-

Waymo Says More Of Its Self-Driving Cars Operating ‘Rider Only’ With No One At Wheel (Forbes)

-Automotive Retail News-

Analysts Predict October New Car Sales Will Rise Slightly (The Detroit Bureau)

Average New Pickup Truck Prices Up Year-Over-Year (Vehicle Remarketing)

GM Strike and Lower Automaker Incentive Spend Contribute to Dip in October New Car Auto Sales, TrueCar’s ALG Forecasts (Yahoo)

Going Digital Brings Dealers Mixed Results (Wards Auto)

Honda, Hyundai and Mazda Enjoy Strong October Sales Results (The Detroit Bureau)

Longer car loans are rising - but is that good or bad for consumers? (FOX Business)

NIADA’s CPO daily rental program could be a dealer profit center (Auto Remarketing)

Tesla’s service and used car revenue is growing, but can’t make up for a plunge in US vehicle sales (CNBC)

-Automotive Servicing News-

Carmakers and repair shops clash as automation upends aftermarket (Reuters)

Ford recalls nearly 300,000 vehicles in the US: Here's what you need to know (USA Today)

GM recalling more than 600,000 trucks and SUVs (The Detroit News)

-General Business & Executive News-

CarGurus product suite to more strategically connect consumers with dealers (Auto Remarketing)

Feds say UAW President Jones, aide schemed to embezzle, split $700K in dues (The Detroit News)

Is there life beyond the car for the auto industry? (Automotive World)

Report: Series E funding would make ACV's valuation pass $1 billion (Auto Remarketing)

The auto industry is shrinking as the world reaches 'peak car' — and it's dragging down the entire global economy (Business Insider)

-AEA Reminder-

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Have a great week,

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