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Mobility Global (MBGL) Stock News

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Mobility Global (MBGL) subsidiary CARFAX Canada identified 393,200 vehicles with past accidents in reports run during the first half of 2026. The analysis covers vehicle history reports run from January 1 to June 30, 2026, rather than accidents necessarily occurring during that period. Associated accidents cost vehicle owners and insurers around $5.4 billion. The vehicle count represents almost 58% of the total found with previous accidents in 2025.

CARFAX Canada also identified 23,700 weather-damaged vehicles across Canada. Alberta led weather-related claims with over $150 million in damages, 97% related to hail. Ontario followed with nearly $23 million, while Quebec recorded $1 million in weather-related repairs. CARFAX Canada recommends checking vehicle history, taking a test drive and obtaining a licensed mechanic’s inspection before buying.

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Mobility Global (MBGL) forecasts U.S. light-vehicle sales will remain below pre-pandemic levels through the end of the decade.

It expects 16.1 million sales in 2026 and 16.4 million by decade-end, versus roughly 17 million annually before the pandemic. The company cites affordability as the main constraint. It forecasts North American full-hybrid assembly above 3 million units and battery-electric assembly above 1 million in 2027. Mobility Global also launched FAST, a forecasting and simulation tool.

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CARFAX Canada (part of Mobility Global, MBGL) launched its new Sourcing inventory acquisition tool for Canadian dealers on September 21, 2026. The tool is intended to address ongoing used-vehicle supply constraints that leave dealers spending significant time deciding what to buy, at what price, and from which channels.

The new Sourcing tool uses CARFAX Canada’s data and insights to let dealers analyze high volumes of potential acquisitions from multiple sources in minutes. Dealers can upload and analyze VINs, then filter them by vehicle characteristics and profitability attributes to shortlist the best fits for their lots. The company says this helps dealers broaden their view beyond traditional channels such as wholesale, service-lane opportunities, and customer trade-ins, while reducing time spent evaluating individual vehicles.

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Mobility Global (MBGL), through its CARFAX unit, reported on Sept. 14, 2026 that more than 1 in 4 taxis and rideshares checked in 16 major U.S. cities had at least one unfixed safety recall.

CARFAX analyzed nearly 438,000 VINs from registered taxi and rideshare vehicles and found about 27% had an open recall, compared with roughly 20% of vehicles nationwide. Rates were highest in New York City at 38.6% and Seattle at 37.5%, while Los Angeles and Boston were much lower at 11% and 9% respectively. CARFAX highlights that consumers can check any vehicle for open recalls for free at carfax.com/recall and complete repairs at no cost through dealers, and drivers can use the free CARFAX Car Care app for maintenance and recall alerts.

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CARFAX (NASDAQ: MBGL) reports that as back-to-school driving ramps up, about 1 in 4 U.S. drivers are behind on manufacturer-recommended vehicle maintenance. In 38 states, at least a quarter of drivers are overdue; Mississippi leads at 31%, followed by Virginia, Texas, Alabama and Georgia at 27%.

The list of higher‑risk states also includes South Carolina, Kentucky, Arkansas, Arizona and New York, where 26% of drivers are behind. According to CARFAX, neglected services such as oil changes, tire rotations, fluid checks and brake work can increase safety risks and future repair costs. The company highlights its free CARFAX Car Care app, which offers maintenance and recall reminders and encourages drivers to inspect tires, fluids, batteries and air conditioning, and to prepare emergency kits before late-summer trips and the school year.

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CARFAX released new reliability rankings for cars, SUVs, and trucks, based on billions of vehicle records and more than 177,000 data sources. The analysis estimates the likelihood of unexpected repairs over the next year by year, make, model, and other factors.

For 2019–2023 models, the top cars are Kia Rio, Mitsubishi Mirage G4, and Toyota Camry, each with about a 2% chance of unexpected repairs versus a 5.5% segment average. Top SUVs are Honda CR-V, Kia Sportage, and Mitsubishi Eclipse Cross, each under 2.5% versus a 7.8% average. Top trucks are Ford Ranger, Nissan Frontier, and Toyota Tacoma, each under 4% versus a 9.1% average. CARFAX has also added VIN-specific future reliability insights, projecting repair likelihood and potential costs over three years on CARFAX Reports and Carfax Car Listings.

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Mobility Global (NYSE: MBGL) subsidiary CARFAX Canada released its Mid-Year Used Vehicle Market Insights Report, showing Canada’s used vehicle market continued to stabilize through June 2026. Used vehicle transactions in June totaled 277,361, up 1.3% month-over-month but down 2.9% year-over-year, with about 1.49 million transactions in the first half of 2026, a 4.2% decline versus 2025.

National average listing prices largely leveled off, with June’s average at $31,487, up 0.2% month-over-month but 4.7% below last year. Inventory rose sharply, up 15.5% month-over-month and 2.5% year-over-year, led by record SUV share. Used EV prices climbed to $42,834, reversing prior declines, while Vancouver remained the most expensive market and Quebec the most affordable among major provinces.

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Mobility Global (NYSE: MBGL) reported second quarter 2026 revenue of $468 million, up 7% year-over-year, with CARFAX segment revenue rising 8% to $312 million and B2B revenue up 4% to $156 million. Subscription revenue grew 7%, non-subscription revenue 5%.

Net income was $53 million (an 11% margin) versus $65 million a year ago, while adjusted EBITDA increased 7% to $202 million, maintaining a 43% margin. Mobility Global completed its spin-off and began trading as an independent public company on July 1, 2026, and the board declared a quarterly cash dividend of $0.06 per share, payable September 10, 2026 to shareholders of record on August 27, 2026.

For full-year 2026, the company guided to revenue of $1.87–$1.885 billion, growth of 6.9%–7.7%, and adjusted EBITDA of $745–$760 million (around a 40% margin). Net cash provided by operating activities for the quarter was $135 million and free cash flow was $129 million.

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Mobility Global (NYSE: MBGL) will participate in several investor conferences in Q3 2026, including the Wells Fargo 10th Annual Business, Information & IT Services Forum in Boston on August 11, Citi’s 2026 Global TMT Conference in New York City on September 9, the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 10, and the UBS Fintech One-on-One Conference in New York City on September 16.

At Goldman Sachs, executives will hold a fireside chat on September 10 at 4:25 p.m. Pacific / 7:25 p.m. Eastern, with webcast details to be posted on the company’s investor relations website.

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CARFAX reports that after months of sharp gains, U.S. used car prices are starting to level off in July 2026. The CARFAX Used Car Index shows prices rose just 0.1% month over month, about $50, versus prior monthly increases of $350 and $900. According to CARFAX, the rolling seven-day median used car price is $25,800, while new cars average $44,500. Vans and minivans dipped slightly, and hybrid and EV prices were flat. CARFAX also highlights five steps for buying used cars confidently, including obtaining a CARFAX Report, using History-Based Value, and conducting inspections and test drives.

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FAQ

What is the current stock price of Mobility Global (MBGL)?

The current stock price of Mobility Global (MBGL) is $17.15 as of October 1, 2026.

What is the market cap of Mobility Global (MBGL)?

The market cap of Mobility Global (MBGL) is approximately 5.5B.