Auto industry
GM moves listing to Nasdaq
GM shares switch from the NYSE to Nasdaq on Nov. 17, and the ticker stays GM with no shareholder action needed, per GM.
Sources: Link
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The Clairmont Automotive Report
Tuesday, October 27, 2026
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The other stories from Tuesday, October 27, 2026.
Mercedes lowers its 2026 guidance
Mercedes cut its car-margin outlook to 2–3%, citing China and higher material costs. Full results are due Oct. 28.
Read the full summary →New-car supply builds to 82 days
New-car supply reached 82 days, but Toyota and Lexus remained tight while Jeep, Dodge and Ram sat at 149-plus days.
Read the full summary →Cox contains VinSolutions intrusion
Cox says it quickly contained suspicious activity in VinSolutions with no disruption. A limited group of affected dealers will receive disclosures.
Read the full summary →Used prices flat, EVs slide
The CARFAX used index barely moved in October, while hybrid and EV listings fell. Price trends still vary widely by segment.
Read the full summary →Sienna Hybrid seat-back recall
Toyota recalled 228,367 Sienna Hybrids over second-row seat backs that may unlatch in some frontal crashes. The remedy is free.
Read the full summary →Audi e-tron and Lexus NX recalls
New recall filings cover battery fire risk in some Audi Q4 e-trons and blank warning displays in some Lexus NX models.
Read the full summary →Kia keeps EV6 pricing
Kia kept all seven EV6 trim prices unchanged for 2027. Prices run from $37,900 to $53,000 before destination.
Read the full summary →Asbury F&I per unit holds steady
Asbury held F&I income per vehicle nearly steady at $2,176, but lower volume pulled total F&I revenue down 9%.
Read the full summary →Asbury completes TCA and Tekion rollouts
Asbury completed its Total Care Auto and Tekion rollouts across its stores in October.
Read the full summary →Total losses sink claim satisfaction, a GAP signal
A quarter of financed total-loss claimants received less than they owed, J.D. Power found. Those borrowers gave the lowest satisfaction scores.
Read the full summary →Interest costs outrun car prices
Lifetime loan interest has climbed much faster than vehicle prices since 2019. Used down payments are near zero, according to Cox.
Read the full summary →BHPH funding tightens
Some lenders are restricting buy-here, pay-here credit lines after Car-Mart's liquidity strain, dealers told Auto Finance News.
Read the full summary →Captive leasing cools
GM Financial lease originations fell 26% in Q3 after the federal EV credit expired. Dealers are looking at used-vehicle leasing.
Read the full summary →New payment-shopping tool for dealers
PaymentIQ aims to bring credit qualification earlier in shopping, starting identity checks and prequalification from a phone number.
Read the full summary →Earnings this week and next
Sonic and Credit Acceptance report Oct. 29. Assurant follows Nov. 3 after the close.
Read the full summary →