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- April 23, 3 PM (UTC+8)
As part of the Beijing Auto Show 2026 organized by CAAM, OICA will be streaming the conferences live on April 23 at 3:00 PM (UTC+8).
To watch the live broadcast, please visit the dedicated page by clicking the button below.
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OICA'S TOP 5 NEWS
Francois Roudier
May 4, 2026
Donald Trump says he will raise tariff on autos from European Union to 25%
Trump said EU car and truck tariffs would rise to 25%, accusing Brussels of breaching a trade deal. The EU rejected the claim and warned of countermeasures, while automakers warned of higher costs and worsening transatlantic tensions.
https://www.reuters.com/business/autos-transportation/trump-says-he-will-raise-tariffs-eu-autos-25-2026-05-01/
Toyota to build 3 India plants, tripling output in country
Toyota plans three new assembly plants in Maharashtra, tripling Indian capacity to 1 million vehicles by the 2030s. The expansion will support local demand and exports, making India Toyota’s fourth-largest production base.
https://asia.nikkei.com/business/automobiles/toyota-to-build-3-india-plants-tripling-output-in-country
France’s automobile market: electric car sales continued to pick up pace in April
French electric car sales accelerated strongly, supported by broader model availability, incentives and fleet demand. EVs reached 26% of the new-car market, while gasoline and diesel continued to decline despite overall registrations remaining below pre-2019 levels.
https://www.lesechos.fr/industrie-services/automobile/automobile-les-ventes-de-voitures-electriques-poursuivent-leur-acceleration-en-avril-2229607
Detroit carmakers warn of $5bn commodities shock due to Iran war
GM, Ford and Stellantis warned that Iran-related commodity inflation could cost about $5 billion this year, adding to tariff pressures. Aluminium, logistics, chips, plastics and energy-related materials are key risks, potentially pushing prices higher.
https://www.ft.com/content/a24a24f6-064b-4f00-a339-edf597596d5a?syn-25a6b1a6=1
European automakers face China’s software edge with 3-pronged response strategy
Beijing showed China’s lead in software-defined, intelligent vehicles, shifting competition from electrification to execution and integration. European automakers are responding with localization, faster development, Chinese partnerships and “China speed” strategies to defend their premium and technology positions.
https://www.autonews.com/technology/ane-china-export-ev-partnerships-sdv-0503/
Francois Roudier
April 30, 2026
Stellantis Swings to Net Profit on Robust Jeep, Ram Sales
Stellantis returned to profit in Q1, helped by stronger Jeep and Ram demand in North America and rising shipments. Europe remained pressured by pricing and competition. CEO Antonio Filosa is finalizing a global review, while full-year guidance was confirmed.
https://www.bloomberg.com/news/articles/2026-04-30/stellantis-swings-to-net-profit-on-robust-jeep-ram-sales?srnd=homepage-europe
Volkswagen profit drops in first quarter
Volkswagen’s Q1 operating profit fell 14% to €2.5 billion, below expectations, as tariffs, weak demand and Chinese competition hit profitability. Revenue also declined, while the group continues restructuring and targets a 2026 margin of 4% to 5.5%.
https://www.reuters.com/business/volkswagen-reports-profit-decline-first-quarter-2026-04-30/
Ford raises profit outlook for 2026 despite nagging aluminum supply costs
Ford modestly raised its 2026 profit outlook after stronger-than-expected Q1 earnings, but aluminum costs, tariffs and Novelis supply disruptions continue to weigh on production. F-Series output declined, inventories tightened, and total vehicle sales fell 9%.
https://www.reuters.com/business/autos-transportation/ford-raises-profit-outlook-2026-despite-nagging-aluminum-supply-costs-2026-04-29/
GM to build next-generation V-8 engines in Ontario with $691M investment
GM Canada will invest $691 million in St. Catharines to build next-generation V-8 engines for full-size pickups and SUVs. The move reinforces Canada’s role in profitable combustion programs despite tariff concerns and recent production shifts to the U.S.
https://www.autonews.com/manufacturing/automakers/anc-gm-st-catharines-0429/
China suspends new autonomous driving permits after Baidu incident
China paused new robotaxi permits after a Baidu Apollo Go outage left about 200 vehicles stopped in Wuhan traffic. Regulators ordered self-inspections across the sector, potentially slowing expansion while strengthening safety oversight and raising barriers for operators.
https://asia.nikkei.com/business/automobiles/electric-vehicles/china-suspends-new-autonomous-driving-permits-after-baidu-incident
Francois Roudier
April 29, 2026
Toyota Suppliers Start to See Shortages Due to Iran Conflict
Toyota’s supplier network faces growing uncertainty from Iran-related disruptions, with smaller suppliers warning of possible part shortages within two weeks. Aluminum, resins, thinners and logistics issues could hit production planning and profits across Denso, Toyoda Gosei and Toyota Boshoku.
https://www.bloomberg.com/news/articles/2026-04-28/toyota-suppliers-start-to-see-shortages-due-to-iran-conflict?srnd=phx-industries-transportation
BYD posts steepest profit drop in six years as China sales falter
BYD’s first-quarter profit fell 55.4% as domestic sales weakened, subsidies declined and competition intensified. Despite strong overseas ambitions and technology pushes, analysts warn exports may not fully offset pressure from China’s slowing EV market and fierce price war.
https://www.reuters.com/world/asia-pacific/byds-quarterly-profit-slide-fastest-six-years-2026-04-28/
Mercedes Earnings Slide on China Slump Ahead of Model Offensive
Mercedes-Benz earnings declined as weak China demand and intense competition cut car margins to 4.1%. The group expects new models and cost discipline to support recovery, but faces China weakness, Middle East risks, tariff pressure and limited flexibility in Germany.
https://www.bloomberg.com/news/articles/2026-04-29/mercedes-earnings-slide-on-china-slump-ahead-of-model-offensive?srnd=homepage-europe
Geely Profit Falls as Weak Demand Hits China Automakers
Geely’s first-quarter profit fell 27%, missing expectations despite higher revenue, as China’s market weakened after subsidy reductions and price competition persisted. The company is pushing hybrids, incentives, exports and partnerships, while investors hope earnings have reached a low point.
https://www.bloomberg.com/news/articles/2026-04-29/geely-profit-falls-27-as-weak-demand-hits-china-automakers?srnd=phx-industries-transportation
Hyundai Motor leaves peers in the dust as AI bets fuel stock price surge
Hyundai shares surged over 85% as investors bet on its AI, robotics, autonomous driving and robotaxi strategy. Despite lower profit from tariffs and Middle East disruptions, analysts see Hyundai well positioned outside China, unlike BYD and Toyota facing specific pressures.
https://asia.nikkei.com/business/markets/hyundai-motor-leaves-peers-in-the-dust-as-ai-bets-fuel-stock-price-surge
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