Tuesday Morning Auto News, Nov 29, 2022: Musk threatens war with Apple. White House keeps “close eye” on Twitter. Toyota above target. More.

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World’s Largest Automakers, October 2022: A recovery at last. But not for all.

With only two more months to go on the reporting calendar, the bloodletting in the global auto market appears to be down to a trickle. Global total industry volume was down only 0.7% YOY by the end of October. Not all OEMs recover at the same pace, however.

Despite many shutdowns and dire warnings, Toyota Group’s year-to-date global sales were down just 0.3% compared to January through October 2011, and my highly unsophisticated forecast tool still projects full year sales slightly about 10 million. October levels were up compared to the same month in the previous year, as Toyota sees “solid demand, in addition to a rebound from the impact of parts supply shortages.”

The Korean competition at Hyundai Group even eked out a small gain of 1.3%.

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Monday Morning Auto News, Nov 28, 2022: VW halts production, GM to launch more than 15 EVs in China. Elon Musk backs Ron DeSantis for president. More.

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Friday Morning Auto News, Nov 25, 2022: Tesla recalls 80,000 cars in China, 15,000 in Australia. Twitter restores banned harassers. More.

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Thursday Morning Auto News, Nov 24, 2022: Ford recalls nearly 519,000 U.S. SUVs over fire risk. Stephen King: MyPillow soon Twitter’s sole advertiser. Bertone, Giugiaro reactivated. More.

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