Friday, October 30, 2026
← Back to the Friday, October 30, 2026 issue
Auto industry
US officials have promised Audi tariff relief tied to its planned $4B Georgia plant, two sources told Reuters. Audi wants its 15% EU import tariff cut to 7.5%, and Commerce is expected to settle near 10% as part of a broader program for automakers that invest in US production. Any relief could reduce Audi's import costs, but the reported rates are still under discussion.
Sources: Link
The other stories from Friday, October 30, 2026.
Toyota will build Waymo-equipped bZ4X robotaxis for fleet testing in Japan in 2027, with commercial service to follow.
Read the full summary →AutoNation sold fewer new and used vehicles in Q3. Parts and service grew, and the board added $1 billion to buybacks.
Read the full summary →UAW profit-sharing estimates diverge sharply: GM and Ford workers could receive checks, while Stellantis workers likely receive none.
Read the full summary →Honda Racing unveiled a hybrid Passport trophy truck rated above 1,300 horsepower, with a 2027 Baja 500 debut planned.
Read the full summary →AutoNation's F&I income per vehicle fell to $2,698, adding to the pressure from lower unit sales. Its captive finance earnings grew.
Read the full summary →Credit Acceptance lowered expected collections on existing loans after changing its forecasting method, while originations and active dealer counts grew.
Read the full summary →Nation Safe Drivers completed its first OnRamp agent certification course and plans two more sessions in 2027.
Read the full summary →Assurant reports Q3 results Nov. 3 after the close.
Read the full summary →