Auto industry
Mazda holds its profit target as the new CX-5 lifts sales
Mazda reported record first-half (April–September) net sales of $17.07B (¥2,688.1B), up 20%, and operating income of $375M (¥59.1B), compared with a $342M (¥53.9B) loss a year earlier. It kept its full-year operating income forecast at $953M (¥150B) for the fiscal year ending March 2027, even as it cut its global sales outlook by 27,000 units to 1.297 million. The U.S. outlook went the other way, up 2,000 units to 437,000. Mazda's own forecast bridge now carries about $191M (¥30B) more in sales incentives than it assumed in August, per Mazda. The higher incentive assumption makes support spending worth watching, but it is not a new offer to every dealer.
Sources: Link
The other stories from Monday, November 9, 2026.
Mitsubishi Motors lowers its full-year outlook
Mitsubishi cut its profit and sales outlook as powertrain demand shifted and competition and costs grew tougher.
Read the full summary →
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.
Read the full summary →
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.
Read the full summary →
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.
Read the full summary →
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.
Read the full summary →
Car-Mart's lender relief runs through today
Car-Mart's lender relief expires today under its latest filed extension. No newer SEC extension was available early Monday.
Read the full summary →