Wednesday, November 4, 2026
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Auto industry
Mercedes-Benz has moved the start of next-generation GLC production at its Vance, Ala., plant from late 2027 to May 2030, so GLCs sold in the U.S. will keep coming from Europe and face the 15% tariff on EU-built vehicles, as reported by Automotive News. The delay leaves U.S. GLC supply exposed to the existing import tariff for longer.
Sources: Link
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 →Automakers asked Congress for a permanent Chinese connected-vehicle ban. The legislation still needs to pass.
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 →