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The Clairmont Automotive Report

Wednesday, November 4, 2026

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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

More from this issue

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.

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OPENLANE volumes jump in Q3

OPENLANE posted more dealer and commercial wholesale activity in Q3 and raised its buyback authorization.

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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.

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Automakers press Congress on Chinese-vehicle ban

Automakers asked Congress for a permanent Chinese connected-vehicle ban. The legislation still needs to pass.

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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.

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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.

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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.

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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.

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