Top Automotive business News for Week of October 26 – November 1, 2020

Here is the most important news linked to the automotive industry
identified by the AEA for the week of October 26, 2020 – November 1, 2020.

Hopefully it can help you stay up to speed on the key developments within our
industry:

-Automotive Professionals Association (AEA) Information-

The AEA is excited to start our unique Weekly Top News email publication to
the whole automotive industry. The once a week AEA Top News is delivered
right to your email inbox every Monday early morning, free of charge. Click here (or
tell your industry colleagues/contacts) to register:

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-Automotive Production News-

Detroit automakers keep masks on to keep the factories running

(Reuters)

Electrical car start-up Fisker surges 13% in NYSE debut

(CNBC)

FCA expects to pay $259M in unlawful settlement over so-called diesel
emissions cheating

(The Detroit News)

Fiat, PSA to win EU approval for $38 billion merger, sources say

(Reuters)

Ford blows away profits objectives as customers purchase up vehicles during
pandemic

(CNBC)

GM Defense delivers first Infantry Squad Vehicles to Army

(The Detroit Information)

Honda Sets An Astonishing Manufacturing Record

(Carbuzz)

Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech

(autoblog)

Nikola, Hyundai, Toyota, Daimler pursue hydrogen gas cellular vehicles

(USA Today)

Ram offer electric pickup, Fiat Chrysler CEO says

(USA Today)

Tesla’s Autopilot a ‘distant second’ to GM’s Super Cruise system in
Customer Reports testing

(CNBC)

Volkswagen returns to benefit as international automobile areas recover

(The Detroit News)

What’s really happening at Nikola — an inside go through the truck manufacturer
mired in debate

(CNBC)

-Automotive Evolution News-

Evening eyesight for automobiles: Fighting the pedestrian safety crisis

(United States Of America Today)

Outrider’s $65 Million Fundraise Signals Strong ‘Green Light’ For AV
Trucking

(Forbes)

The Prosperity Of Autonomous Vehicles Hinges On Smart Cities. Inrix Is
Making It Simpler To Build Them

(Forbes)

Waymo Information Shows Superhuman Protection Record. They Ought To Deploy Today

(Forbes)

Waymo Forges Robot Truck Alliance With Daimler

(Forbes)

Automotive Retail Information-

$100,000 automobiles: brand new automobiles, vehicles, SUVs top six-figure mark

(United States Of America Today)

CarGurus Releases 2020 Pickup Truck Sentiment Learn

(Yahoo)

Car Sales Increase with Zero-Percent Financing Offers, However Near
Pre-Pandemic Amounts

(Newsweek)

Dealer.com assists dealers target connected television users

(Car Remarketing)

Ford has almost 190,000 reservations for upcoming Bronco SUV

(CNBC)

Group 1 car CEO claims the pandemic inventory crunch has been the ‘best
thing’ for industry

(CNBC)

New Car Dealership DMS Company Challenges Veteran Players

(Wards Car)

New Vehicle Product Sales Expected to Keep Moving Up in October

(The Detroit Bureau)

Research Programs Pandemic Pushing Millennials To Pickups, Temporarily

(Forbes)

TrueCar and ALG Forecast Both New and Applied Vehicle Retail Product Sales Up
Year-Over-Year for October 2020 Marking Strong Automobile Retail Healing

(Newswire)

U.S. automobile sales gain pace in October on strong demand: JD energy, LMC
Automotive

(Reuters)

Automotive Wholesale News-

KAR notices wholesale rates still way above year-ago & pre-COVID
readings

(Automobile Remarketing)

-Automotive Servicing News-

Polestar Problems Recall for almost All Polestar 2 Sedans — The 2nd
Action This Thirty Days

(The Detroit Bureau)

Tesla intends to open about 52 new solution centers in 2021: Electrek

(Reuters)

Toyota’s fuel pump recall now covers almost 6 million vehicles globally

(autoblog)

VW recalls Jettas to fix fuel leakages that may cause fires

(The Detroit News)

-General Business & Executive Information-

CarMax announces nationwide hiring effort

(Auto Remarketing)

Cars.com closes $400M financial obligation offering, refinances current credit

(Looking For Alpha)

Five Ways The U.S. Elections Might Affect The Car Industry

(Forbes)

Viewpoint: Lithium are at the heart of the electric-vehicle revolution —
here’s the way the marketplace for the natural material works

(MarketWatch)

Root IPO Raises $724 Million For High-Tech Automobile Insurance Company

(Investors.com)

Sean Connery’s Most Well-known Ride as James Bond Was Aston Martin DB5

(Car and motorist)

TrueCar, AutoNation and DAV Partner on 4th ‘DrivenToDrive’ Program to
Assist Injured Veterans Reunite Behind the Wheel

(Yahoo)

U.S. customer spending beats forecasts; worries over decreasing
federal government cash

(Reuters)

-AEA Reminder-

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Have actually outstanding week,

Automotive Executives Association

[email protected]

Automotive Executives Association

www.automotiveexecutives.com

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