UNP · Earnings call · 2026Q3T · Full report

Automotive Market Trends

UNION PACIFIC CORP · 2026-10-22 · Importance 31 · Surprise 32

Automotive business wins offset continued market softness in the quarter. Union Pacific saw strength in auto parts, driven by growth with existing OEM customers and over-the-road conversions with parts suppliers. Management expected wins to continue offsetting automotive market weakness. In broader market comparisons, management noted automotive was down 1%, while finished vehicles and parts were positive.

Key facts

• UNION PACIFIC CORP said automotive business wins offset continued market softness; auto parts grew through current OEM business and over-the-road conversions with parts suppliers.