Wednesday, November 4, 2026
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Auto industry
The Alliance for Automotive Innovation asked lawmakers to pass a permanent ban on Chinese connected vehicles during the post-election session that starts next week. The Senate bill (S. 4429) cleared committee in July and a House version has more than 100 co-sponsors, as reported by Reuters. Bill status is on Congress.gov. The request could shape future competition, but legislation still needs to pass.
The other stories from Wednesday, November 4, 2026.
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 posted more dealer and commercial wholesale activity in Q3 and raised its buyback authorization.
Read the full summary →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 →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's originations included more lower-score borrowers and more Carvana loans, while its consumer auto charge-off rate held steady.
Read the full summary →Assurant's auto earnings benefited from better loss experience, service contracts and partner growth. It also raised its full-year outlook.
Read the full summary →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 →Volkswagen will skip its usual year-end zero-due-at-signing lease event, removing a familiar payment offer for stores.
Read the full summary →