Auto industry
Kia keeps EV6 pricing
The 2027 EV6 carries over prices on all seven trims, $37,900 to $53,000 plus $1,545 destination, and is built in West Point, Ga., per Kia America. Link
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The Clairmont Automotive Report
Tuesday, October 27, 2026
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The other stories from Tuesday, October 27, 2026.
GM moves listing to Nasdaq
GM shares switch from the NYSE to Nasdaq on Nov. 17, and the ticker stays GM with no shareholder action needed, per GM.
Read the full summary →Mercedes lowers its 2026 guidance
Mercedes cut its car-margin outlook to 2–3% from 3–5%, citing China and higher Q4 material costs.
Read the full summary →New-car supply builds to 82 days
The average brand now sits above the 75-day benchmark. Toyota (35 days) and Lexus (41) are tight, while Jeep, Dodge and Ram are at 149-plus, per Cox Automotive data via CBT News.
Read the full summary →Cox contains VinSolutions intrusion
Cox says suspicious activity was confined to the VinSolutions CRM, contained quickly, caused no disruption, and will be disclosed to a limited group of affected dealers, per Auto Remarketing.
Read the full summary →Used prices flat, EVs slide
The CARFAX used index rose 0.1% in October. Hybrid and EV listings fell 0.7% on lease returns, and segment prices rose 2.6% (pickups) to 12.9% (vans) year over year, per CARFAX data via CollisionWeek.
Read the full summary →Sienna Hybrid seat-back recall
228,367 Sienna Hybrids from 2022–2026 are recalled because second-row seat backs may unlatch in some frontal crashes.
Read the full summary →Audi e-tron and Lexus NX recalls
New NHTSA filings cover a battery fire risk in 2024–25 Audi Q4 e-trons and blank warning displays in 2022–24 Lexus NX clusters, per Auto Recall Watch.
Read the full summary →Asbury F&I per unit holds steady
Q3 F&I PVR was $2,176 vs. $2,182 a year ago. F&I revenue fell 9% to $182.5M on lower volume, and adjusted EPS was $6.16 vs. $7.17, per Asbury.
Read the full summary →Asbury completes TCA and Tekion rollouts
Its in-house Total Care Auto product provider reached every store in October, and the Tekion DMS conversion finished in mid-October, per Asbury.
Read the full summary →Total losses sink claim satisfaction, a GAP signal
Total losses are now 26% of claims vs. 16% four years ago. A quarter of financed total-loss claimants were paid less than they owed, and those claimants gave the lowest scores, per J.D.
Read the full summary →Interest costs outrun car prices
Lifetime interest on a typical new-car loan is up 79% since 2019 to $10.1K, and up 96% to $10.9K on used.
Read the full summary →BHPH funding tightens
Some lenders are pulling back from or restricting buy-here, pay-here credit lines after America's Car-Mart's liquidity strain, dealers told Auto Finance News.
Read the full summary →Captive leasing cools
GM Financial lease originations fell 26% in Q3 after the federal EV credit expired, while dealers look at used-vehicle leasing, per Auto Finance News.
Read the full summary →New payment-shopping tool for dealers
Ignited Services and FlexPath DXP launched PaymentIQ, which prequalifies shoppers and verifies identity starting from a phone number, per Auto Remarketing.
Read the full summary →Earnings this week and next
Sonic reports Oct. 29 before the open, Credit Acceptance Oct. 29 after the close, and Assurant Nov. 3 after the close, per the companies.
Read the full summary →