The Clairmont Automotive Report
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The Clairmont Automotive Report

Monday, November 9, 2026

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F&I

Car-Mart's lender relief runs through today

America's Car-Mart's limited waiver and temporary relief from minimum-liquidity and collateral-coverage requirements, from lenders led by Silver Point Finance, runs through Nov. 9 under the extension disclosed in its Nov. 5 8-K. That extension was agreed Nov. 4, the day the prior relief was set to end. As of early Monday, no newer extension had been filed with the SEC, per SEC filings. The approaching deadline leaves the funding position unresolved as of this issue's publication.

Sources: Link _Yen and won conversions use Federal Reserve H.10 rates for Oct. 30, 2026: ¥157.47 and ₩1,333.99 per U.S. dollar. Fed H.10_

More from this issue

The other stories from Monday, November 9, 2026.

Mazda holds its profit target as the new CX-5 lifts sales

Mazda kept its profit target despite lower global sales guidance and raised its incentive-spending assumption. Its U.S. volume outlook increased.

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Mitsubishi Motors lowers its full-year outlook

Mitsubishi cut its profit and sales outlook as powertrain demand shifted and competition and costs grew tougher.

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Kia plans about $2.2B for its Gwangju complex through 2029

Kia plans about $2.2 billion for Gwangju through 2029, including electrified production and mobility trials. It is future capacity, not current inventory.

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Wholesale used values edge up in October

Manheim's used-value index edged up in October. Firmer wholesale prices can support appraisals while raising replacement costs.

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Bank auto-loan rates move back up in Q3

Bank new-car loan rates rose in Q3. These survey averages do not measure captive or credit-union offers.

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Car-loan interest deduction rules take effect today

Car-loan interest deduction rules take effect today. Eligibility limits apply, and the deduction is not a guaranteed tax credit or discount.

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