Auto industry
Templin to lead Toyota Motor North America
COO Mark Templin becomes TMNA president and CEO on Jan. 1, 2027, succeeding Ted Ogawa, and Hiroshi Nambu becomes COO, per Toyota.
Sources: Link
Issue calendar
The Clairmont Automotive Report
Thursday, November 5, 2026
← Back to the Thursday, November 5, 2026 issue
More from this issue
The other stories from Thursday, November 5, 2026.
Toyota lifts full-year profit outlook
Toyota raised its full-year operating profit forecast and added to its buyback after stronger first-half earnings.
Read the full summary →2027 Sequoia priced from $69,900
The hybrid-only 2027 Sequoia starts at $69,900 and adds Trailhunter and trailer-assist features for fall arrivals.
Read the full summary →GM recalls 67,380 EVs for brake software
GM recalled 67,380 EVs for brake-control software. The safety fix is an over-the-air or dealer update.
Read the full summary →Ken Garff adds two big Toyota stores
Ken Garff bought Avondale Toyota and One Toyota of Oakland, including their real estate, bringing the group to 71 stores.
Read the full summary →Payments keep climbing in Experian's early Q3 read
Early Experian Q3 figures put average new payments at $773 and used at $548. Higher payments leave less room for added financed costs.
Read the full summary →Product income carries F&I PVR in JM&A's Q3 data
Products supplied 61.7% of F&I income per vehicle in JM&A's dealer sample, ahead of reserve. The sample is not a national census.
Read the full summary →Car-loan interest deduction rules take effect Monday
Final car-loan interest deduction rules take effect Nov. 9. A deduction is not an upfront payment discount.
Read the full summary →Agora Data moves into near-prime dealer funding
Agora expanded its dealer funding program to FICO 660 and below. Published rates and advance limits are not an approval for every deal.
Read the full summary →Car-Mart lender relief extended to Nov. 9
Car-Mart's lenders extended waiver and covenant relief through Nov. 9. That is more time, not a permanent fix.
Read the full summary →