Monday, November 2, 2026
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Auto industry
BYD sold 490,168 new-energy vehicles in October, up about 11% from a year ago, as battery-electric passenger sales rose roughly 37% to 305,743 while plug-in hybrids fell about 17% to 177,382; overseas shipments reached 170,194, and year-to-date volume is still down 2.2% at 3.62 million, per BYD's Hong Kong exchange filing. Link
The other stories from Monday, November 2, 2026.
Hyundai Motor's October global sales fell 6.3% to 329,773 (overseas down 5.9%, Korea down 8.9%), per its Korea Exchange disclosure; sister brand Kia rose 10.3% to 291,219 for an eighth straight monthly gain, led by Sportage at 56,811, per…
Read the full summary →Ahead of this week's U.S. October sales reports, Mobility Global projects a 15.7 million seasonally adjusted pace on about 1.34 million units (up 4% year over year, EVs near 6% share), while Cox Automotive's Oct. 27 forecast called for…
Read the full summary →Rivian's third-quarter deliveries rose 46% to a record 19,248 and revenue climbed 38% to $2.16 billion, with the R2 now its top seller; the net loss narrowed to $913 million, and it nudged 2026 delivery guidance to 67,000–70,000, per…
Read the full summary →A coalition of 36 attorneys general reached a $220 million settlement with General Motors over the sale of Smart Driver data to data brokers whose reports reached insurers; GM must obtain express consent, limit data collection and train…
Read the full summary →Arch Insurance North America agreed to acquire Premier Dealer Services, the Dublin, Ohio, provider of F&I, vehicle protection and loyalty products founded in 1998; PDS will operate as a standalone unit in Arch's Consumer Division, no…
Read the full summary →Loans 30-plus days late in subprime auto ABS pools reached 17.68% of balances in September, the highest September on record and up 153 basis points from a year earlier (roughly a third of that from like-for-like performance), with 60-plus…
Read the full summary →Honda pulled its iN dealer system back offline after problems restoring it from an Oct. 27 cybersecurity incident and warned of intermittent outages over several days, leaving Honda and Acura stores unable at times to submit finance…
Read the full summary →America's Car-Mart said its Silver Point-led lenders extended a default waiver and relief from minimum-liquidity and collateral-coverage tests through Nov. 4 from Nov. 1, the latest in a run of short extensions since early September, per…
Read the full summary →Assurant, a major dealer-channel vehicle service contract provider, releases third-quarter results Nov. 3 after the market close, with its call Nov. 4, per Assurant.
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