Automotive & Mobility · Week of Nov 2, 2026
Charges and guidance cuts shape Q3: the week in mobility releases
Suppliers and marketplaces reported third-quarter results marked by guidance changes, one-off charges and buybacks, alongside a deal, a pickup and a bus.
Third-quarter earnings dominated the week. Stoneridge and Cooper Standard both reported net losses driven by one-off items, a $24.2 million arbitration charge at Stoneridge and $19.2 million in restructuring charges at Cooper Standard, and both adjusted their full-year outlooks: Stoneridge raised its sales guidance while pointing to the bottom of its EBITDA range, and Cooper Standard cut its adjusted EBITDA guidance. ECARX reported higher revenue but a gross margin of 7.0%, down from 21.9%, which it attributes mainly to rising memory costs. Autohome posted lower revenue and net income.
Capital returns were a second thread. OPENLANE expanded its share repurchase program to $400 million, and Autohome reported progress on its US$400 million buyback alongside a US$1.58 per ADS dividend. Outside earnings, Autoliv completed the purchase of Italian seatbelt maker MCF Safety Belts, Ballard said its FCmove-SC fuel cell engine entered series production in the Solaris Urbino 12 hydrogen bus, and Toyota Motor North America announced the 2027 Tundra.
Stoneridge, Inc.
Stoneridge Reports Third Quarter 2026 Results
Stoneridge reported third-quarter net sales of $155.8 million and a net loss from continuing operations of $22.9 million, including a $24.2 million charge for an arbitration award tied to legacy PM sensor warranty claims; adjusted net sales rose 29.9% to $180.0 million. The company raised full-year adjusted sales guidance to $690 million to $700 million but now expects adjusted EBITDA at the bottom end of its $20 million to $25 million range.
Cooper Standard
Cooper Standard Highlights Continued Strong New Business Awards in the Third Quarter of 2026
Cooper Standard reported third-quarter sales of $708.6 million, up 1.9% while global light vehicle production fell 2.3%, and a net loss of $20.4 million including $19.2 million in restructuring charges. It booked $148.8 million in net new business awards and cut full-year adjusted EBITDA guidance to $235 - $245 million from $265 - $295 million.
Autohome Inc.
Autohome Inc. Announces Unaudited Third Quarter 2026 Financial Results
Autohome reported third-quarter net revenues of RMB1,315.0 million (US$196.1 million), down from RMB1,778.1 million, and net income attributable to the company of RMB195.0 million, compared with RMB436.6 million. The board approved a cash dividend of US$1.58 per ADS, and the company had repurchased about US$155.4 million of ADSs under its US$400 million buyback as of October 30, 2026.
ECARX Holdings Inc.
ECARX Announces Third Quarter 2026 Unaudited Financial Results
ECARX reported third-quarter revenue of US$240.8 million, up 10%, and a net loss of US$48.6 million, and the company says rising memory costs mainly drove gross margin down to 7.0% from 21.9%. Cash fell to US$53.7 million after a US$191.5 million payment for the Flyme software business; the company reiterated full-year revenue guidance of US$1.0-US$1.1 billion and signed a non-binding MOU with Arm on AI compute platforms.
OPENLANE, Inc.
OPENLANE, Inc. Reports Third Quarter 2026 Financial Results
OPENLANE reported third-quarter revenue of $561.2 million, up 13%, net income of $44.7 million, and GMV of about $10.0 billion, up 38%. The company narrowed 2026 guidance to net income of $169 - $177 million and Adjusted EBITDA of $390 - $400 million, and its board expanded the share repurchase program to $400 million through December 31, 2027.
Toyota Motor North America
2027 Toyota Tundra: A Bold New Chapter in Full-Size Pickup Excellence with Advanced Towing Tech and the New Trailhunter Package
Toyota Motor North America announced the 2027 Tundra with a refreshed exterior, a new SR5-based Trailhunter package, upgraded TRD Pro suspension and a new Trailer Advanced Driver Assistance Systems suite. The company says the pickup starts at an MSRP of $42,890, is expected at dealerships in the fall of 2026, and tows up to 12,000 pounds.
Autoliv
Autoliv Expands Its Commercial Vehicle Safety Business with the Acquisition of MCF Safety Belts
Autoliv completed its acquisition of MCF Safety Belts S.r.l., a seatbelt and harness maker near Turin with about 60 employees and annual sales of around EUR 10 million. Autoliv says the deal extends its Mobility Safety Solutions business into off-road and specialty commercial vehicle markets and gives it a European hub for low-volume, high-variant seatbelts.
Ballard Power Systems Inc.
Ballard FCmove®-SC fuel cell engine makes series-production debut in next-generation Solaris Urbino 12 hydrogen bus
Ballard said its FCmove-SC fuel cell engine is making its series-production debut in the new-generation Solaris Urbino 12 hydrogen bus, following an extension of the two companies' long-term supply agreement. The company says the engine delivers up to 80kW of rated power and 57% peak efficiency, with a specified lifetime exceeding 25,000 operating hours and 40% fewer parts.
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 Slow Ride Media reporting.