Monday, November 2, 2026
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Auto industry
Rivian's third-quarter deliveries rose 46% to a record 19,248 and revenue climbed 38% to $2.16 billion, with the R2 now its top seller. The net loss narrowed to $913 million, and it nudged 2026 delivery guidance to 67,000–70,000, per Rivian (Oct. 29, after market close). Rivian's delivery growth gives stores another EV competitor to watch.
Sources: Link
The other stories from Monday, November 2, 2026.
BYD's October sales rose on battery-electric vehicles and exports, while plug-in hybrids fell and year-to-date volume remained lower.
Read the full summary →Hyundai's global sales fell in October, while Kia posted an eighth straight monthly gain led by Sportage.
Read the full summary →October sales forecasts range from 15.7 million to 16.1 million at an annual pace. Neither is a confirmed sales result.
Read the full summary →GM agreed to a $220 million driver-data settlement with dealer enrollment oversight and training requirements. Customer consent belongs in the delivery process.
Read the full summary →Arch agreed to buy Premier Dealer Services, with closing expected by year-end pending approvals. Current product terms have not been shown to change.
Read the full summary →Subprime securitized auto pools hit a September record for late payments. The figures describe those pools, not every auto borrower.
Read the full summary →Honda warned of more intermittent portal outages after another failed restoration. Finance applications and other dealer work remain exposed to interruptions.
Read the full summary →Car-Mart's lenders extended short-term relief through Nov. 4. The extension buys time without resolving the funding pressure.
Read the full summary →Assurant reports Nov. 3 after the close, with its call Nov. 4.
Read the full summary →