Auto industry
Mercedes lowers its 2026 guidance
Mercedes cut its car-margin outlook to 2–3% from 3–5%, citing China and higher Q4 material costs. Preliminary Q3 car margin was 2.5%, and full results come Oct. 28, per Mercedes-Benz Group.
Sources: Link
The other stories from Tuesday, October 27, 2026.
GM moves listing to Nasdaq
GM will move its shares to Nasdaq on Nov. 17. The ticker stays GM, and shareholders need take no action.
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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.
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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.
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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.
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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.
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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.
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Kia keeps EV6 pricing
Kia kept all seven EV6 trim prices unchanged for 2027. Prices run from $37,900 to $53,000 before destination.
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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%.
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Asbury completes TCA and Tekion rollouts
Asbury completed its Total Care Auto and Tekion rollouts across its stores in October.
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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.
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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.
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BHPH funding tightens
Some lenders are restricting buy-here, pay-here credit lines after Car-Mart's liquidity strain, dealers told Auto Finance News.
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Captive leasing cools
GM Financial lease originations fell 26% in Q3 after the federal EV credit expired. Dealers are looking at used-vehicle leasing.
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New payment-shopping tool for dealers
PaymentIQ aims to bring credit qualification earlier in shopping, starting identity checks and prequalification from a phone number.
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Earnings this week and next
Sonic and Credit Acceptance report Oct. 29. Assurant follows Nov. 3 after the close.
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