Automotive & Mobility · Week of Nov 2, 2026
Charges, guidance resets and buybacks mark auto Q3 results
Third-quarter results from Stoneridge, Cooper Standard, Goodyear and OPENLANE featured one-time charges and revised guidance, as Adient and OPENLANE expanded buybacks.
Third-quarter reporting dominated the week, and one-time items shaped several headline figures. Stoneridge says a $24.2 million arbitration charge tied to legacy PM sensor warranty claims pushed it to a net loss of $22.9 million. Cooper Standard reported restructuring charges of $19.2 million, and Goodyear recorded $148 million in pre-tax rationalization charges while setting up a dedicated transformation office. Guidance moved in both directions. Stoneridge raised its adjusted sales outlook but expects adjusted EBITDA at the bottom of its range. Cooper Standard cut its full-year adjusted EBITDA guidance to $235 - $245 million from $265 - $295 million. OPENLANE narrowed its 2026 targets.
Capital returns were a second thread. OPENLANE raised its share repurchase program to $400 million, and Adient added $400M to its authorization, bringing the total to $1 billion. Adient also adopted a plan to protect its U.S. net operating loss carryforwards. Outside earnings, Autoliv completed its purchase of Italian seatbelt maker MCF Safety Belts to grow in commercial and specialty vehicles. Dauch Corporation disclosed an inducement award for a new finance executive, and Stellantis announced Kaulig Racing as the anchor team for Dodge's 2027 NASCAR Cup Series return.
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 from an arbitration ruling received on November 2, 2026. The company says adjusted net sales rose 29.9% to $180.0 million and raised full-year adjusted sales guidance to $690 million to $700 million, while adjusted EBITDA is now expected at the bottom end of the $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 2026 sales of $708.6 million, up 1.9%, and a net loss of $20.4 million that included $19.2 million in restructuring charges, while global light vehicle production fell 2.3%. The company says it won $148.8 million in net new business awards, $28.2 million of it tied to battery electric or full-hybrid platforms, but it lowered full year 2026 adjusted EBITDA guidance to $235 - $245 million from $265 - $295 million.
The Goodyear Tire & Rubber Company
Goodyear Announces Third Quarter 2026 Results
Goodyear reported a third quarter 2026 net loss of $238 million on net sales of $4.5 billion, down 2.3% year over year, including $148 million in pre-tax rationalization charges, and said it has established a dedicated transformation office. Segment operating income fell to $174 million from $287 million, with Americas down to $96 million from $206 million, while products 18 inches and above rose to 44% of sales volumes from 39%.
OPENLANE, Inc.
OPENLANE, Inc. Reports Third Quarter 2026 Financial Results
OPENLANE reported third quarter 2026 revenue of $561.2 million, up 13%, with net income of $44.7 million versus $47.9 million a year earlier and GMV of approximately $10.0 billion, up 38%. The used-vehicle wholesale marketplace operator narrowed 2026 guidance to Adjusted EBITDA of $390 - $400 million and expanded its share repurchase program to $400 million through December 31, 2027.
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 maker based in Pancalieri near Turin with approximately 60 employees and annual sales of around EUR 10 million. Autoliv says the deal expands its Mobility Safety Solutions business into off-road and specialty commercial vehicle markets and establishes a European hub for low-volume, high-variant seatbelt solutions.
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. The company says its U.S. net operating loss carryforwards and other tax attributes may offset approximately $3.5 billion of future taxable income. Under the plan, rights generally become exercisable if a person or group acquires 4.95% or more of its shares without board approval.
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 under NYSE Rule 303A.08, effective November 2, 2026. The award includes performance stock units with a target of 90,909 shares, up to 272,727 of which may be earned based on stock price thresholds from $12.00 to $22.00, plus 107,759 time-based restricted stock units.
Stellantis
Kaulig Racing Tabbed as Flagship Team for Dodge Return, Allmendinger, Dillon Named Drivers for 2027
Kaulig Racing named AJ Allmendinger and Ty Dillon as drivers for its flagship NASCAR Cup Series program, which will serve as the anchor team for Dodge's return to the series in 2027. 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 Dragon Tech Demos reporting.