Friday, November 6, 2026
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Auto industry
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. Link
The other stories from Friday, November 6, 2026.
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 →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 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 →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 →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 →Stellantis' SRT unit unveiled an open-air CJ-8-inspired Wrangler concept with independent front suspension and reversible rear seats at SEMA, per Jeep.
Read the full summary →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 →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 →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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