Friday, October 30, 2026
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Auto industry
Q3 revenue was flat at $7.01B and net income fell 25% to $162.3M, though adjusted EPS edged up to $5.11 from $5.01. Same-store new retail units fell 5% and used fell 6%. Parts and service revenue rose 5.2%, and the board added $1B to the buyback, per AutoNation. Service growth helped while both new and used unit sales fell.
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 →Audi is seeking tariff relief tied to its planned Georgia plant, Reuters reports. The final rate is still under discussion.
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 →