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International Organization of Motor Vehicle Manufacturers

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OICA'S TOP 5 NEWS

Francois Roudier

June 29, 2026

U.S. new-vehicle sales ‘shrugging off’ $4 gas, but some big brands losing share to rivals
The U.S. market remains stable despite high fuel prices, inflation and affordability pressures, but shares are shifting. GM, Ford and Tesla may decline, while Toyota and Hyundai-Kia benefit from stronger hybrid portfolios and changing consumer demand.
https://www.autonews.com/retail/sales/an-retail-q2-us-sales-preview-0626/

 

China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says
Geely-owned Lotus will become the first Chinese-made EV brand to enter Canada under a reduced-tariff agreement. The move supports Canada’s trade diversification, but raises U.S. concerns that Chinese automakers could gain a North American foothold.
https://www.reuters.com/world/asia-pacific/chinas-geely-ship-first-lotus-evs-canada-july-under-carney-xi-deal-ambassador-2026-06-26/

 

Honda CEO Mibe says tie-up with Nissan ‘close to announcement’
Honda CEO Toshihiro Mibe says cooperation with Nissan is close to announcement, starting with standardized ECUs for software-defined vehicles. The project-by-project approach follows failed merger talks and aims to cut costs and strengthen competitiveness.
https://asia.nikkei.com/business/automobiles/honda-ceo-mibe-says-tie-up-with-nissan-close-to-announcement

 

Renault China adds software office to develop SDVs for global market
Renault has opened a Hangzhou office to strengthen software, AI and user-interaction development for global SDVs. The site complements Shanghai engineering work and reflects Renault’s effort to use China’s tech ecosystem to accelerate international vehicle programs.
https://www.autonews.com/renault/an-renault-china-electric-vehicle-ev-softeware-ai-tech-center-0626/

 

Volkswagen’s brutal jobs cull sparks prospect of sale of crown jewels
Volkswagen’s Everllence sale is overshadowed by reports of massive restructuring, including possible job cuts and plant closures. Further asset sales could fund transformation, but investors fear proceeds may be absorbed by restructuring rather than future competitiveness.
https://www.ft.com/content/95650ff3-44b1-4018-8ba4-5702304177e5?syn-25a6b1a6=1

 

Francois Roudier

June 26, 2026

Kia Defies Global Auto Slowdown as War Lifts EV, Hybrid Demand
Kia is outperforming the global slowdown as war-driven fuel prices boost EV demand in Europe and hybrids in the U.S. CEO Song Ho-sung expects momentum to continue, while Kia expands hybrids and targets PBV growth with modular commercial vans.
https://www.bloomberg.com/news/articles/2026-06-26/kia-defies-global-auto-slowdown-as-war-lifts-ev-hybrid-demand?srnd=phx-industries-transportation

 

Polestar dealers ‘devastated’ as Trump administration forces brand out of U.S. over Chinese tech
Polestar says U.S. rules on Chinese-linked connected-vehicle technology will bar sales after the current model year. Dealers are left mainly servicing existing customers, while the Geely-owned brand shifts growth toward Europe and future local production.
https://www.autonews.com/volvo/an-polestar-banned-from-selling-in-us-0625/

 

Chinese carmakers ‘knocking at US gate’ from Mexico and Canada
Chinese automakers are intensifying USMCA tensions as Mexico and Canada welcome imports and potential investment while the U.S. blocks Chinese vehicles. Washington fears North American partners could become a back door into its protected auto market.
https://www.ft.com/content/01f7110f-6fcd-4827-b67e-dd43055f7156?syn-25a6b1a6=1

 

Stellantis, Nissan in Talks to Buy Assets From Troubled Marelli
Stellantis and Nissan are discussing purchases of selected Marelli assets during the supplier’s Chapter 11 restructuring. Stellantis is eyeing suspensions and global operations, while Nissan is interested in cockpit assets, with future orders crucial to Marelli’s survival.
https://www.bloomberg.com/news/articles/2026-06-25/stellantis-nissan-in-talks-to-buy-assets-from-troubled-marelli?srnd=phx-industries-transportation

 

US proposes to drop brake pedal requirements for self-driving vehicles
NHTSA proposed dropping manual brake-pedal requirements for fully self-driving vehicles without human controls, while keeping braking performance standards. The move aims to modernize U.S. rules and ease deployment of purpose-built autonomous vehicles.
https://www.reuters.com/business/autos-transportation/us-proposes-drop-brake-pedal-requirements-self-driving-vehicles-2026-06-25/

 

Francois Roudier

June 25, 2026

New global rules clear the road for driverless vehicles
UNECE’s WP.29 adopted the first global framework for fully driverless ADS vehicles, supported by OICA. The regulation harmonizes safety approval, testing, monitoring and data requirements, helping avoid fragmented national rules and strengthen trust in automated driving.
https://unece.org/sustainable-development/press/unece-adopts-first-ever-global-rules-allowing-fully-autonomous

 

Automakers could halt car sales in California without delay in vehicle tracking law
Automakers warn California vehicle sales could be disrupted unless deadlines are delayed for a connected-car law protecting domestic violence survivors. They support remote-access termination but say in-vehicle location-disabling requirements need more engineering and testing.
https://www.reuters.com/business/autos-transportation/automakers-could-halt-car-sales-california-without-delay-vehicle-tracking-law-2026-06-23/

 

Honda, Nissan, Mitsubishi eye standardizing next-gen part to cut costs
Honda, Nissan and Mitsubishi are close to standardizing next-generation ECUs to reduce costs and improve software-defined vehicle competitiveness. The cooperation could extend to operating systems, hybrids and EVs, with first vehicles expected around 2029 or 2030.
https://asia.nikkei.com/business/automobiles/honda-nissan-mitsubishi-eye-standardizing-next-gen-part-to-cut-costs

 

Hyundai workers in South Korea vote to strike over fears of robots replacing them
Hyundai workers in South Korea voted to authorize a strike over concerns that humanoid robots could threaten jobs. The union wants a formal role in automation decisions, while management says robots will handle repetitive and hazardous tasks.
https://www.ft.com/content/e5f2892a-d3b1-4779-88db-8d3b034b078a?syn-25a6b1a6=1

 

Germany’s Transportation Minister: “We are against mandatory quotas”
German Transport Minister Patrick Schnieder called for faster European charging infrastructure and more flexibility in EU CO₂ rules. He rejected mandatory fleet quotas, urging realistic transition periods, achievable targets and marketable solutions for the automotive industry.
https://www.automobilwoche.de/autohersteller/amw-schnieder-wir-sind-gegen-verbindliche-quoten/

 

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About OICA

OICA represent the global auto industry that drives economic progress.

Through our autos, we connect people, products and services to enhance quality of life and sustainable automobility. We are committed to technological innovation in the areas of safety, environnement, fuel efficiency, and we seek global harmonization of safety and environmental standards to benefit all countries.

A word from the president

Shailesh Chandra

President – SIAM

“As the global automotive industry transitions towards sustainable mobility and pursuits ‘Net Zero’, in alignment with the visions of Governments worldwide, the role of OICA becomes increasingly critical — to acknowledge the diversity of every region, as we collectively strive to make our vehicles more aspirational, safer, and environmentally friendly.”

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