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The Clairmont Automotive Report

Monday, November 2, 2026

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F&I

Car-Mart lenders extend waiver again

America's Car-Mart said its Silver Point-led lenders extended a default waiver and relief from minimum-liquidity and collateral-coverage tests through Nov. 4 from Nov. 1, the latest in a run of short extensions since early September, per its SEC 8-K filed Nov. 2. The extension buys time without resolving the underlying funding pressure.

Sources: Link

More from this issue

The other stories from Monday, November 2, 2026.

BYD's October gains on exports

BYD's October sales rose on battery-electric vehicles and exports, while plug-in hybrids fell and year-to-date volume remained lower.

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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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Assurant reports this week

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

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