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Episode · Tuesday, October 13, 2026 · 3:49

Cox's Own Numbers Pull Two Ways

Cox Automotive put out two numbers this week that do not sit easily together: a seven point seven percent jump in US EV sales, and a lowered year-end outlook citing the same quarter's headwinds. CBT News and Auto Remarketing carry both halves. The brief also covers a Polestar sales record set while the brand fights a US ban, a battery fire at a Connecticut Porsche store, and Renault's UK finance arm booking two hundred nineteen million pounds against motor finance claims. A new EU cap on Chinese hybrid imports lands the same week China's own carmakers lean harder on overseas sales. None of it changes what is on a dealer's lot this morning, but it changes what the next order looks like.

In this episode

Questions from this episode

Why did Cox Automotive lower its 2026 year-end outlook?

Cox Automotive lowered its year-end outlook for 2026 citing headwinds from the third quarter, the same quarter in which it also reported a 7.7% jump in US EV sales.

What did Cox Automotive's Q3 report say about EV sales and affordability?

Cox Automotive's report found US EV sales rose 7.7% in the third quarter, while affordability pressures are pushing buyers toward used inventory and lower trims.

What happened at the Porsche dealership in Wallingford, Connecticut?

A battery fire at a Porsche dealership in Wallingford, Connecticut injured two people.

How much did Renault's UK finance arm set aside for motor finance claims?

Renault's UK finance arm raised its motor finance redress provision to 219 million pounds amid growing regulatory and customer scrutiny of finance products.

What cap has the EU placed on Chinese hybrid vehicle imports?

The EU has capped Chinese hybrid vehicle imports at 350,000 units, and automakers are shifting production toward local plants to stay under that ceiling.

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