Today’s Issue Cluster: Autos
EU – Biggest Banks Are Cutting 30,000 Jobs
Rubber – Too much supply has tire makers worried
Carbon – China Burns Much More Coal Than Reported
China – Oct: Markit services PMI rose from 14-month low; 52.0 from 50.5 / R
EZ – Oct: Markit final Composite PMI weaker; 53.9 was 54.0 / R
US – Oct: ADP private sector adds jobs; +182k from +190k / R / WSJ
US – Oct: ISM service sector growth accelerates; 59.1 from 56.9 / R
US – Sep: Trade deficit at seven-month low; -$41b from -$48b / R / B
India – Bonds Attract Investors Despite EM Jitters WSJ *
India – ‘Sell rupees when global going is good, buy in hard times’ B * *
India – Modi struggles for investment from private sector FT * * *
India – Will it replicate China’s previous growth rate? B * *
India – ‘The debt is coming from inside the house’ ft *
RBI – India’s double-barreled rate cut risks credibility B *
EU – Banks’ Long Road to Recovery WSJ / WSJ
EU – Biggest Banks Are Cutting 30,000 Jobs B *
Autos – US: Sales Jump R / WSJ / NYT / AP / B *
Autos – VW: Cheating probe spreads to CO2 tests FT / WSJ / NYT / R / B *
Autos – VW: Scandal spreads to Porsches FT / WSJ / NYT / AP / R / FT *
Autos – GM: Sets Raise for Its US Factory Workers WSJ *
Autos – FCA: Jeep Primed for Larger Global Role WSJ *
Autos – Tesla: Burning Rubber and Cash WSJ / FT / NYT / WSJ / FT *
Autos – Renault: Nissan alliance put at risk by France’s stakebuilding FT *
Autos – Toyota: Bets the future car will be fuelled by hydrogen FT / R * *
Autos – Ford: To Pour $1.8b Into Smartcars for China WSJ *
Autos – EMs: Sales rise for second straight month FT * * * *
AVs – Can Detroit Beat Google? BW
AVs – Driver Videos Push Tesla’s ‘Autopilot’ to Its Limits WSJ *
Rubber – Too much supply has tire makers worried N * *
Carbon – China Burns Much More Coal Than Reported NYT *
Carbon – EPA sets new ozone standard AP / NYT / B / WSJ
Carbon – Obama Rules to Face Lawsuits, Congressional Tests WSJ
Carbon – California Restores Rule to Cut Fuel by 10% WSJ / NYT / LAT
Carbon – Carney defends global warming remarks R / FT / FT / FT / FT * * *
Carbon – ‘Setting goals low only delays pain’ B *
How the world’s richest people built their fortunes bm *