Top Automotive Industry News for Week of September 30 - October 6, 2019

Here is the most important news associated with the automotive industry identified by the AEA for the week of September 30, 2019 - October 6, 2019.

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

-Automotive Manufacturing News-

America Is Deeply Split On The EPA-Versus-California Fight (Forbes)

Ford announces $275 million joint venture with Mumbai-based Mahindra (CNBC)

GM temporarily shuts down Mexico plant after UAW strike causes parts shortage (USA Today)

Howes: UAW-GM strike signals Detroit 'hasn't learned its lesson' (The Detroit News)

Just Because There's A Manufacturing Downturn Does Not Mean A Recession Is Coming (Forbes)

Lucid Motors begins dozer work for $675 million Arizona factory (autoblog)

Pressure mounts on GM and United Auto Workers to make a deal as strike drags into 19th day (CNBC)

Talks between UAW and GM take 'turn for the worse': union official (Reuters)

Tesla under investigation on claim it throttled batteries to hide fire risk (CNBC)

Tesla’s Record Deliveries Aren’t Enough for Investors (The New York Times)

Toyota raising stake in Subaru to 20% (The Detroit News)

Who's losing the most from UAW strike at GM? So far, workers have lost $266M (USA Today)

-Automotive Evolution News-

AAA finds big flaws with pedestrian detection systems, especially at night (autoblog)

Is 2020 The Year For Eyes-Off Automated Driving? (Forbes)

Millennials Exodus From Big Cities Will Be Accelerated Via Self-Driving Cars (Forbes)

-Automotive Retail News-

Americans Are Taking Out Ridiculously Long Auto Loans (Car and Driver)

Car brands are thinking bigger: Here are their 5 hottest-selling vehicles. (USA Today)

GM’s third-quarter auto sales rise as waning demand for Ford trucks causes its sales to slip (CNBC)

Short September Stunts U.S. Vehicle Sales Ahead Of Challenging Q4 (Forbes)

Tesla delivers a record 97,000 vehicles in third quarter, falling short of forecasts (CNBC)

The most expensive car model from every brand: Rolls Royce, Porsche among the priciest (USA Today)

TrueCar’s ALG Forecasts New Car Auto Sales Increase for the Third Quarter (Tire Review)

U.S. auto sales down through September, but automakers still selling strong (The Detroit News)

-Automotive Wholesale News-

$27 Million in Confiscated Supercars Sold at Swiss Auction (Car and Driver)

Lane watch: Fall depreciation gaining steam (Auto Remarketing)

Weekly Wholesale Values Enter October with Higher Depreciation (Vehicle Remarketing)

-Automotive Ownership News-

Gas prices dip lower for second consecutive week as national average declines to $2.64 (USA Today)

The 10 cars owners ditch after less than a year more than any other, according to data (Business Insider)

Watchdog Says EV Owners Wrongly Claimed $75M in Tax Credits (The Detroit Bureau)

-Automotive Servicing News-

Ford issues new recalls for 2019 F-Series Super Duty, 2020 Explorer and Escape (autoblog)

U.S. agency reviews whether 2,000 Teslas should have been recalled (Reuters)

-General Business & Executive News-

Autotrader Shucks Functionality Appeals With New TV Campaign: 'Finally, It's Easy' (Forbes)

Fair and RouteOne Integration Helps Dealers Reach New Customers with Vehicle Subscriptions (PR Newswire)

Hyundai Claims Dealer Fraud Forced $5M in Repurchases (Auto Dealer Today)

Nationwide to launch digital platform for personal insurance (Insurance Business)

Valuation of Google Self-Driving Car Unit Slashed By $70 Billion (Investopedia)

KBB rolls out repair research tool integrated with Xtime for service scheduling (Auto Remarketing)

-AEA Reminder-

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Have a great week,

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