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Episode · Tuesday, October 27, 2026 · 3:42

Tariff Talks Resume, Lexus Recall Hits 68K

The scheduled jump to fifty percent on Canadian-built vehicles still hits January first, and nothing changes that yet. Reuters reports Washington and Ottawa are back at the table on steel and auto tariffs, months after the last round of talks broke down. NHTSA has widened a Lexus NX recall to roughly sixty-eight thousand vehicles over an instrument cluster fault that can hide engine overheating, ABC27 says. Group 1 Automotive has closed its one-point-three-billion-dollar purchase of Hennessy, Cox Automotive flags suspicious activity tied to VinSolutions, now contained, and Auto Remarketing runs a full slate of dealer-tech moves. None of it changes a stocking decision by itself, but the tariff number is the one worth checking before year-end orders go in.

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Questions from this episode

What is happening with US and Canada tariff talks on steel and autos?

The United States and Canada are negotiating relief on steel and auto tariffs, following trade talks that broke down in August, and nothing has been signed yet. The talks cover a steel tariff up to 50 percent and a 25 percent duty on autos, but the scheduled increase to 50 percent on Canadian-built vehicles still takes effect January first and holds until an agreement is announced.

When will Lexus NX recall owner notification letters be mailed?

Owner notification letters on the Lexus NX recall are set to mail December 7th. Dealers will handle the fix with a free software update to the instrument cluster.

What did Group 1 Automotive acquire from Hennessy?

Group 1 Automotive has closed its $1.3 billion purchase of Hennessy, with a related filing dated October 19th. Group 1's full filing on the Hennessy store count is still pending review.

What happened with Cox Automotive and VinSolutions?

Cox Automotive detected suspicious activity connected to VinSolutions and contained it quickly.

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