Automotive & Mobility · Week of Nov 2, 2026
Charges weigh on Q3 results as suppliers adjust capital plans
Q3 results from Stoneridge, Autohome, Goodyear and ECARX led the week, alongside capital moves by Dana and Adient and Dodge's NASCAR return plans.
Third quarter earnings dominated the week. Stoneridge, Goodyear and ECARX all reported net losses for the period, each tied to a specific pressure: Stoneridge to a $24.2 million arbitration charge over legacy PM sensor warranty claims, Goodyear to $148 million in pre-tax rationalization charges, and ECARX to rising memory costs that it says cut gross margin to 7.0% from 21.9%. Autohome reported lower revenue and net income but approved a cash dividend and continued its buyback. Stoneridge raised its full-year adjusted sales guidance, and ECARX reiterated its own.
Capital allocation was the other thread. Dana launched cash tender offers for two series of senior notes. Adient raised its share repurchase authorization by $400M and adopted a tax benefits preservation plan to protect its U.S. net operating loss carryforwards. Dauch Corporation disclosed an inducement award for its new Senior Vice President of Finance, and Stellantis said Kaulig Racing will anchor Dodge's return to the NASCAR Cup Series in 2027.
Stoneridge, Inc.
Stoneridge Reports Third Quarter 2026 Results
Stoneridge reported third quarter 2026 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 adverse arbitration award on legacy PM sensor warranty claims; adjusted net sales were $180.0 million, up 29.9%. The company raised full-year adjusted sales guidance to $690 million to $700 million and said adjusted EBITDA is expected at the bottom end of its $20 million to $25 million range.
Autohome Inc.
Autohome Inc. Announces Unaudited Third Quarter 2026 Financial Results
Autohome reported net revenues of RMB1,315.0 million (US$196.1 million) for the quarter ended September 30, 2026, down from RMB1,778.1 million, with net income attributable to the company of RMB195.0 million versus RMB436.6 million. The board approved a cash dividend of US$1.58 per ADS, and the company says it had repurchased 7,062,030 ADSs for about US$155.4 million under its US$400 million buyback as of October 30, 2026.
The Goodyear Tire & Rubber Company
Goodyear Announces Third Quarter 2026 Results
Goodyear reported a third quarter 2026 net loss of $238 million, or $0.82 per share, on net sales of $4.5 billion, down 2.3% year over year, and said it has established a dedicated transformation office. Segment operating income fell to $174 million from $287 million, with declines in the Americas and EMEA partly offset by Asia Pacific, and tire unit volume dropped 3.3% to 38.6 million.
ECARX Holdings Inc.
ECARX Announces Third Quarter 2026 Unaudited Financial Results
ECARX reported third quarter revenue of US$240.8 million, up 10% year-over-year, and a net loss of US$48.6 million, compared with US$8.4 million a year earlier, with gross margin falling to 7.0% from 21.9%, which the company attributes mainly to rising memory costs. It reiterated full-year revenue guidance of US$1.0-US$1.1 billion, completed the US$191.5 million Flyme software acquisition that cut cash to US$53.7 million, and signed a non-binding memorandum of understanding with Arm to co-develop AI compute platforms.
Dana Incorporated
Dana Announces Launch of Tender Offers for Any and All of its Outstanding 4.250% Senior Notes due 2030 and 4.500% Senior Notes due 2032
Dana began cash tender offers on Nov. 6, 2026 for any and all of its $226,800,000 of 4.250% Senior Notes due 2030 and $198,452,000 of 4.500% Senior Notes due 2032, priced at fixed spreads of 50 bps and 60 bps over reference Treasury yields. The offers expire at 5:00 p.m. New York City time on November 13, 2026, with settlement expected on or about November 17, 2026, and carry no minimum tender condition.
Adient
Adient announces increased share repurchase authorization and adoption of tax benefits preservation plan
Adient's board approved a $400M increase to its share repurchase authorization, bringing the total to $1 billion with $435 million remaining, and adopted a Tax Benefits Preservation Plan under Section 382. Adient says its U.S. net operating loss carryforwards and other tax attributes may offset approximately $3.5 billion of future taxable income; rights under the plan generally become exercisable if a holder acquires 4.95% or more of shares without board approval, and the company intends to seek shareholder approval at its next annual meeting.
Dauch Corporation
Dauch Corporation Announces Employee Inducement Award Under NYSE Rule 303A.08
Dauch Corporation granted new Senior Vice President of Finance Nathan Iles an inducement award of performance stock units with a target of 90,909 shares, up to 272,727 shares, plus 107,759 time-based restricted stock units, effective November 2, 2026. The performance award pays between 100% and 300% of target based on the stock reaching $12.00 to $22.00 for 20 consecutive trading days, with vesting on March 31, 2029 and March 31, 2030.
Stellantis
Kaulig Racing Tabbed as Flagship Team for Dodge Return, Allmendinger, Dillon Named Drivers for 2027
Stellantis said Kaulig Racing will serve as the anchor team for Dodge's return to the NASCAR Cup Series in 2027, with AJ Allmendinger in the No. 16 and Ty Dillon in the No. 10. Dodge, which last competed in the Cup Series in 2012, will reveal its 2027 livery Dec. 4 at the 59th annual Snowball Derby.
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 AutoInvest Plus reporting.