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The Clairmont Automotive Report

Tuesday, October 27, 2026

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F&I

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. Power. Link

More from this issue

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.

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Mercedes lowers its 2026 guidance

Mercedes cut its car-margin outlook to 2–3% from 3–5%, citing China and higher Q4 material costs.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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