F&I
Assurant's auto business grows on better claims
Assurant earned $275.2 million in Q3 (up 4%) and raised its 2026 outlook to roughly 10% adjusted EBITDA growth excluding catastrophes. Global Automotive adjusted EBITDA rose 9% when a one-time $6.1 million gain in the prior-year quarter is excluded, helped by lower losses, larger vehicle service contract contributions and partner growth, per its SEC 8-K filed Nov. 3. Better loss experience and service-contract contributions supported the provider's auto earnings.
Sources: Link
The other stories from Wednesday, November 4, 2026.
Honda has its best October in six years
Honda posted its best October since 2020, with record light-truck and hybrid sales. Toyota also reported higher U.S. sales.
Read the full summary →
OPENLANE volumes jump in Q3
OPENLANE posted more dealer and commercial wholesale activity in Q3 and raised its buyback authorization.
Read the full summary →
Mercedes pushes U.S. GLC production to 2030
Mercedes delayed Alabama GLC production until May 2030. U.S. supply will keep coming from Europe under the existing import tariff.
Read the full summary →
Automakers press Congress on Chinese-vehicle ban
Automakers asked Congress for a permanent Chinese connected-vehicle ban. The legislation still needs to pass.
Read the full summary →
Honda weighs return to European production
Honda is considering a return to European production depending on proposed EU rules. There is no confirmed plant or start date.
Read the full summary →
Ally leans further into nonprime and Carvana
Ally's originations included more lower-score borrowers and more Carvana loans, while its consumer auto charge-off rate held steady.
Read the full summary →
CPO appeal holds as shoppers stay confused
Many shoppers will consider CPO but do not understand the difference from ordinary used vehicles. Clear explanations may matter before the price discussion.
Read the full summary →
VW skips year-end Sign Then Drive lease event
Volkswagen will skip its usual year-end zero-due-at-signing lease event, removing a familiar payment offer for stores.
Read the full summary →