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The Clairmont Automotive Report

Tuesday, November 10, 2026

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F&I

Q3 household debt report arrives this morning

The New York Fed releases its Q3 2026 Household Debt and Credit Report, which covers auto loans along with mortgages, student loans and credit cards, today at 11:00 a.m. ET (10:00 a.m. CT). The data run through the end of September, per the New York Fed.

Sources: Link _Yen conversions use the Federal Reserve H.10 rate for Nov. 6, 2026: ¥158.23 per U.S. dollar. Fed H.10_

More from this issue

The other stories from Tuesday, November 10, 2026.

Honda commits $3B to a fourth Ohio auto plant

Honda plans a $3 billion Ohio assembly plant for 2029, built for hybrids, gas models and EVs. The broader Ohio package, including engine and transmission work, is $3.38 billion and 2,390 jobs.

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Honda raises its profit forecast despite heavy EV charges

Honda lifted its fiscal 2027 operating profit outlook to $4.93 billion despite $3.06 billion of first-half EV-related losses, helped by hybrid demand and stronger financial-services profit.

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Stellantis agrees to sell its idled Brampton plant

Stellantis agreed to sell its idled Brampton, Ontario, plant to armored-vehicle maker Roshel, with a close targeted by year-end if regulators approve. It ties the sale to its 80% North American capacity-utilization goal.

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Hertz moves used-car retail off the lot

Hertz is closing its standalone used-car lots and moving sales online, to TestDrive+ at rental branches, and to retail partners, as reported by CDG News. CDG cites a Nov. 20 finish, a date Hertz has not confirmed.

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October's sales pace slips as prices set a record

October's selling rate slipped to 15.5 million, below September and Cox's forecast, even as raw volume rose on an extra selling day. The average transaction price topped $51,000 for the first time.

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Used supply hits a post-pandemic high

Used listings reached their highest level since COVID in October, with most of the year-over-year gain in vehicles three years old or newer. Asking prices eased slightly but remain almost $1,000 above a year ago.

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Car-Mart's lenders extend relief to Nov. 12

America's Car-Mart received another short lender waiver, lasting only through Nov. 12, after the prior relief expired the day before. These extensions have rolled since Sept. 4 and are not a permanent fix.

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Cox's economist sees the Fed leaning toward higher rates

Cox's chief economist, Jeremy Robb, sees a path back to rate hikes, citing a firmer job market and inflation near 4%. That is Cox's forecast, not a Fed decision.

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