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The Clairmont Automotive Report

Friday, November 6, 2026

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Auto industry

BMW cuts auto margin outlook again

BMW now guides full-year Automotive EBIT margin to -0.5% to +0.5% (from 1–3%) as it accelerates restructuring, while keeping Automotive free cash flow above $2.79B (€2.5B). Q3 Group EBT was $2.33B (€2.08B). Converted at $1.1163/€ (Fed H.10, Oct. 30), per BMW.

Sources: Link

More from this issue

The other stories from Friday, November 6, 2026.

Tesla to wind down Cybertruck output in Texas

Tesla plans to wind down Texas Cybertruck production around mid-2027 for Cybercab capacity. It has not confirmed a new truck production site.

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2027 RAV4 hybrid starts at $32,300

Toyota priced the 2027 RAV4 hybrid from $32,300 and plug-in from $42,100. Their arrival dates differ.

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2027 Tundra priced from $42,890

The 2027 Tundra starts at $42,890 with new equipment and a Trailhunter package, due at dealers this fall.

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Hyundai recalls 37,901 for airbag software

Hyundai recalled 37,901 vehicles for software that may deactivate airbags and pretensioners. Dealers will update affected vehicles free.

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Audi weighs $3B second phase for Georgia plant

Audi is considering a $3 billion Georgia expansion, Reuters reports. The second phase remains a possibility, not confirmed dealer supply.

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Jeep shows Wrangler Scrambler SRT concept at SEMA

Jeep unveiled a CJ-8-inspired Wrangler Scrambler SRT concept at SEMA, with independent front suspension and reversible rear seats.

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Group 1 F&I revenue falls 10.4% in Q3

Group 1's F&I revenue fell more than consolidated income per deal. Its U.S.-only per-unit figure covers a different scope.

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Financing costs keep lifting the all-in price

Lifetime loan interest remains sharply above 2019 levels. The selling price alone does not show the full borrowing cost.

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CarMax pushes CAF Tier 2 and protection plans

CarMax is pairing Tier 2 lending and protection plans with long-term growth goals. Those goals are not completed gains.

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