Auto industry
GM pays $220 million over driver data
A coalition of 36 attorneys general reached a $220 million settlement with General Motors over the sale of Smart Driver data to data brokers whose reports reached insurers. GM must obtain express consent, limit data collection and train and oversee dealers on enrollment, after the states said dealer staff had been paid incentives to sign customers up, per the New York Attorney General (Oct. 29). For dealers, enrollment consent and proof of who accepted it become practical delivery-process concerns.
Possible industry effect: Stores may need clearer enrollment controls and records of customer permission.
Sources: Link
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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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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