Auto industry
AutoNation volume slips, buybacks grow
Q3 revenue was flat at $7.01B and net income fell 25% to $162.3M, though adjusted EPS edged up to $5.11 from $5.01. Same-store new retail units fell 5% and used fell 6%. Parts and service revenue rose 5.2%, and the board added $1B to the buyback, per AutoNation. Link
The other stories from Friday, October 30, 2026.
Toyota to build Waymo robotaxis
Toyota will build autonomous bZ4X vehicles fitted with Waymo's driving system at its Takaoka plant.
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Audi may get tariff break for Georgia plant
US officials have promised Audi tariff relief tied to its planned $4B Georgia plant, two sources told Reuters.
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UAW profit-sharing checks diverge
If full-year guidance holds, GM hourly workers could get about $13,000 and Ford workers at least $10,500.
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Honda unveils hybrid Baja truck
Honda Racing showed a Passport-based hybrid trophy truck rated at more than 1,300 hp, aimed at an overall Baja 1000 win, with its debut set for the 2027 Baja 500, per Honda Racing.
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AutoNation F&I per unit dips
F&I gross profit per vehicle retailed fell 2.8% to $2,698, its lowest since Q4 2024, and total F&I revenue fell 6.9% to $349.0M.
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Credit Acceptance resets loss outlook
The subprime lender posted a $56.6M GAAP loss after a new forecasting method cut expected cash flows on 2022–2026 loans by 2.5% ($291.2M).
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Nation Safe Drivers trains dealer agents
The VSC, GAP and roadside provider finished its first OnRamp agent certification course and plans two more sessions in 2027, per Nation Safe Drivers.
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Earnings ahead
Assurant, a major dealer F&I product provider, reports Q3 results Nov. 3 after the market closes.
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