Auto industry
Jeep shows Wrangler Scrambler SRT concept at SEMA
Stellantis' SRT unit unveiled an open-air CJ-8-inspired Wrangler concept with independent front suspension and reversible rear seats at SEMA, per Jeep. Link
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The Clairmont Automotive Report
Friday, November 6, 2026
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Tesla to wind down Cybertruck output in Texas
Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027 to free capacity for Cybercab robotaxi builds; he did not say whether the truck would move to another plant, as reported by CNBC.
Read the full summary →2027 RAV4 hybrid starts at $32,300
Toyota's fully electrified RAV4 lineup adds Woodland ground clearance to 9.1 inches and NACS DC fast charging on all PHEVs, with hybrid MSRP from $32,300 and PHEV from $42,100; hybrids arrive later this year, PHEVs in early 2027, per…
Read the full summary →2027 Tundra priced from $42,890
The refreshed full-size pickup adds a Trailhunter overlanding package, new trailer ADAS, and a standard 14-inch screen, with MSRP from $42,890 and up to 12,000 lb towing on i-FORCE MAX, due at dealers this fall, per Toyota.
Read the full summary →BMW cuts auto margin outlook again
BMW now guides full-year Automotive EBIT margin to -0.5% to +0.5% (from 1–3%) as it accelerates restructuring, while keeping Automotive free cash flow above $2.79B (€2.5B); Q3 Group EBT was $2.33B (€2.08B).
Read the full summary →Hyundai recalls 37,901 for airbag software
Certain 2019–2022 Veloster N and 2019–2023 Kona Electric models may deactivate airbags and pretensioners; dealers will update ACU software free (campaign 26V728), with owner letters expected Jan. 1, 2027, per NHTSA.
Read the full summary →Audi weighs $3B second phase for Georgia plant
State development documents show Audi is considering adding about $3B and 3,000 jobs by 2033 to its planned $4B Macon-area plant (4,500 jobs, ~200,000 SUVs/year), as reported by Reuters.
Read the full summary →Group 1 F&I revenue falls 10.4% in Q3
Finance and insurance revenue was $215.8M (-10.4% YoY) with F&I gross profit per retail unit at $1,987 (-3.6%); U.S. F&I PRU was about $2,416, while parts and service remained the profit anchor, per Group 1.
Read the full summary →Financing costs keep lifting the all-in price
Cox says interest on a typical new-vehicle loan is up 79% since 2019 to about $10,100 over the life of the loan (used up 96% to about $10,900), with used down payments near 0%, and public dealer groups now taking 54% of gross profit from…
Read the full summary →CarMax pushes CAF Tier 2 and protection plans
Under its Shift into GEAR plan, CarMax said CarMax Auto Finance will expand Tier 2 lending and protection-plan offerings to raise value per deal, targeting mid-single-digit used-retail unit CAGR and mid-teens adjusted EPS CAGR through…
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