Auto industry
Forecasters split on October pace
Ahead of this week's U.S. October sales reports, Mobility Global projects a 15.7 million seasonally adjusted pace on about 1.34 million units (up 4% year over year, EVs near 6% share), while Cox Automotive's Oct. 27 forecast called for 16.1 million on 1.38 million units. September's official pace was 16.0 million, per BEA data. Stores should treat these as competing estimates rather than a confirmed sales result.
Sources: Link · Link
The other stories from Monday, November 2, 2026.
BYD's October gains on exports
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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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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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