The Clairmont Automotive Report
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The Clairmont Automotive Report

Monday, November 2, 2026

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Auto industry

BYD's October gains on exports

BYD sold 490,168 new-energy vehicles in October, up about 11% from a year ago, as battery-electric passenger sales rose roughly 37% to 305,743 while plug-in hybrids fell about 17% to 177,382. Overseas shipments reached 170,194, and year-to-date volume is still down 2.2% at 3.62 million, per BYD's Hong Kong exchange filing.

Sources: Link

More from this issue

The other stories from Monday, November 2, 2026.

Hyundai slips, Kia climbs

Hyundai's global sales fell in October, while Kia posted an eighth straight monthly gain led by Sportage.

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Forecasters split on October pace

October sales forecasts range from 15.7 million to 16.1 million at an annual pace. Neither is a confirmed sales result.

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R2 powers Rivian's record quarter

Rivian posted record deliveries as the R2 became its top seller. Its loss narrowed, and delivery guidance moved higher.

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GM pays $220 million over driver data

GM agreed to a $220 million driver-data settlement with dealer enrollment oversight and training requirements. Customer consent belongs in the delivery process.

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Arch to buy Premier Dealer Services

Arch agreed to buy Premier Dealer Services, with closing expected by year-end pending approvals. Current product terms have not been shown to change.

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Subprime ABS delinquency sets September record

Subprime securitized auto pools hit a September record for late payments. The figures describe those pools, not every auto borrower.

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Honda dealer portal still unstable

Honda warned of more intermittent portal outages after another failed restoration. Finance applications and other dealer work remain exposed to interruptions.

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Car-Mart lenders extend waiver again

Car-Mart's lenders extended short-term relief through Nov. 4. The extension buys time without resolving the funding pressure.

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Assurant reports this week

Assurant reports Nov. 3 after the close, with its call Nov. 4.

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