Top Automotive Industry News for Week of October 30 - November 5, 2017

Here is the most important news associated with the automotive industry identified by the AEA for the week October 30, 2017 - November 5, 2017.

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

-Automotive Manufacturing News-

Carmakers post mixed US October sales as trucks, SUVs reign (CNBC)

China-owned electric car start-up buys old Humvee manufacturing plant in Indiana (LA Times)

FBI's investigation into UAW scandal extends to GM, Ford, other union officials (USA Today)

For Electric-Vehicle Development, Automakers Haven’t Yet Agreed on the Basics (Car and Driver)

Lamborghini's Huracan successor will be a hybrid (CNBC)

Lexus gets dibs on Toyota's self-driving features (Automotive News)

Mahindra signals plans for 400,000-square-foot auto plant in Detroit area (autoblog)

Most Midsize Cars Did Well In New Passenger-Side Crash Tests -- Passat and Malibu Get Marginal Ratings (Forbes)

Porsche SE buys minority stakes in 3D-printing manufacturers (Automotive News)

Sedans Sinking Fast As Luxury-Brand Flagships (Forbes)

Tesla Model 3 production was slow because a supplier 'really dropped the ball' said Elon Musk (CNBC)

Tesla plans to be making cars in China in about 3 years, says Elon Musk (CNBC)

Toyota, BMW Get High Marks for Environmental Practices (The Detroit Bureau)

-Automotive Evolution News-

A recent ride in a self-driving van from Google sister company Waymo shows they're almost ready for prime time (CNBC)

Autoliv Breaks Ground on Major Detroit-Area Expansion (The Detroit Bureau)

Ford and Europe's auto giants to build a long-distance electric charging network (CNBC)

Half the Vehicles on U.S. Roads Will Be Electrified by 2030 (The Detroit Bureau)

How To Design Streets For Humans – and Self-Driving Cars (WIRED)

Toyota Is Uneasy about the Handoff between Automated Systems and Drivers (Car and Driver)

Trump administration won’t pursue talking car mandate (The Detroit News)

Waymo close to declaring robotic cars highway ready (The Detroit News)

-Automotive Retail News-

$7,500 electric car tax credit goes away under GOP plan. Not good for Tesla. (USA Today)

Asbury: Q3 Revenue, Gross Profit Down Due to Hurricanes (Auto Dealer Monthly)

AutoNation Q3 net income falls after back-to-back hurricanes (Automotive News)

Auto sales were strong in October as buyers grabbed fully loaded pickups, SUVs (LA Times)

CFPB: Longer-Term Loans Not Having Desired Effect for Borrowers, Finance Sources (Auto Dealer Monthly)

Fair aims to spur used-car speed for dealers (Auto Remarketing)

HONDA: Cars push October into the black (Automotive News)

How CPO sales fared in October (Auto Remarketing)

KBB: Flat Prices, Higher Incentive Spending Signals Headwinds for New-Car Market (Auto Dealer Monthly)

Lithia moves closer to used-vehicle per dealership sales goal (Auto Remarketing)

New-Vehicle Sales Expected to Fall 2% in October (Vehicle Remarketing)

October Sales Flat as Makers Flee From Fleet Sales (The Detroit News)

Pickup sales and cash on the hood drive Oct. sales (The Detroit News)

Standalone used-car stores a big 'opportunity' for Penske (Auto Remarketing)

Tax-credit loss would hurt sales of affordable EVs (The Detroit News)

Trucks, SUVs drive U.S. October new vehicle sales (autoblog)

Used Car Leasing Could Boost Remarketing Activity (Vehicle Remarketing)

-Automotive Wholesale News-

Flat Prices, Higher Incentive Spending Signals Headwinds for New-Car Market Weekly Wholesale Values Remain Flat (Vehicle Remarketing)

Why Black Book and GM Financial see ‘steady’ and ‘stable’ wholesale market (Auto Remarketing)

-Automotive Ownership News-

Are You Ready to “Subscribe,” Rather Than Buy or Lease? (The Detroit Bureau)

Consumer Group Says Car Loans Are Getting Longer and Costlier (Car & Driver)

Gas prices rise for most Americans -- especially in the Midwest. Here's why. (USA Today)

-Automotive Enthusiast News-

10 Highlights from the 2017 SEMA Show in Las Vegas (Car & Driver)

2017 SEMA Best in Show (

-Automotive Servicing News-

Audi recalls 5,000 diesel cars to fix emissions control software (Reuters)

Fire hazard: BMW recalls 1.4M vehicles due to risk of under-hood fires (USA Today)

-General Business & Executive News-

AutoNation Jumps into Autonomous Driving World with Waymo Partnership (The Banks Report)

Daniel Flynn Named President of CDK North America (Auto Dealer Monthly)

How Emerging Marketing Technology Will Impact the Automotive Industry (AdWeek)

Jesse Jackson calls for boycott of BMW, cites lack of diversity (USA Today)

Jumpstart Automotive Media Unveils Joint Study With Ipsos Connect Identifying What Motivates Today’s Luxury Owners (Dealer Marketing)

KAR leaders talk hurricanes, acquisition strategy & more (Auto Remarketing)

Used Car Awards to debut at Used Car Week (Auto Remarketing)

U.S. consumer spending grows at fastest pace since 2009, savings drop (Reuters)

-AEA Reminder-

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Have a great week,

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