Auto Week: Motors Dominate the Earnings Dash

Kia Corporation reports today. Austrian car registration data leads its revenue by 45 days and is running 9% above the same quarter last year, three months in, per ORTEX Alt Data. That gives the print a modestly positive tilt before a single number is released.

The automotive theme runs deep into the week. RACE Ferrari posts on Tuesday, November 3. Austrian car data, a 22-day revenue lead, is running 75% below year-ago levels. That is the sharpest negative read among the auto reporters this week.

Thursday brings a cluster. PSNY Polestar faces a 37% drop in Dutch car registrations but a 32% rise in German ones. HMC Honda sees Japanese car data, a strong-fit 65-day lead, running 10% below last year.

RNO Renault also reports Thursday. Austrian data points 6% higher. Dutch data is 19% lower.

On the index front, LXP Industrial Trust and CBIZ face Russell 2000 deletions today, per ORTEX Index Rebalance Radar. Both follow completed acquisitions. Past similar deletions traded at 9.1 times normal volume.

No IPOs are scheduled in the next seven days.

European macro adds context. German unemployment hit 4.1% in September, the highest September reading in ten years. Italian unemployment rose to 6.3%, a two-year September high. Both readings land as European auto names prepare to report.