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Automotive & Mobility · Week of Nov 2, 2026

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Q3 earnings, larger buyback programs and executive changes defined the week across auto suppliers, marketplaces and automakers.

· Endless Tech newsroom

Third-quarter results and capital returns led the week. Regal Rexnord reported a $12 million GAAP net loss that included a $119 million goodwill impairment tied to its autonomous mobile solutions business, which it is now exploring selling. Autohome reported lower revenue and net income and approved a US$1.58 per ADS dividend. OPENLANE reported revenue up 13% and narrowed its guidance. Buybacks were a shared thread: OPENLANE expanded its repurchase program to $400 million, Adient added a $400M increase to its authorization, and Autohome reported progress on its US$400 million program.

Leadership changes and market expansion made up the rest. Toyota Motor North America named Mark Templin to succeed Ted Ogawa as president and CEO from January 1, 2027. STAK Inc. appointed a new CFO after the resignations of its CFO and CTO. XPENG named a managing director for South Korea ahead of a planned market entry, and Sonic Automotive's EchoPark Automotive launched its largest single-brand campaign and said it will enter Orlando in December.

  1. Regal Rexnord Corporation

    REGAL REXNORD REPORTS THIRD QUARTER 2026 FINANCIAL RESULTS

    Regal Rexnord reported third quarter 2026 sales of $1,588 million, up 6%, and a GAAP net loss of $12 million that included a $119 million goodwill impairment mainly tied to its autonomous mobile solutions business, which it said it is exploring selling. The company lowered and narrowed 2026 GAAP EPS guidance to $3.76 to $4.06 and raised and narrowed Adjusted Diluted EPS guidance to $10.60 to $10.90, and said Data Center sales rose 307%.

This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Endless Tech reporting.