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OICA'S TOP 5 NEWS

Francois Roudier
June 30, 2026
Why automakers want EU local-content plan softened to protect low-cost output
The EU’s proposed “Made in Europe” rules could hurt low-cost production in Morocco and Turkey. Automakers seek a softer fleet-based 70% local-content approach and clarity on whether close trade partners can count as “European.”
https://www.autonews.com/manufacturing/automakers/ane-eu-local-content-morocco-turkey-0626/
Tata Motors-Iveco revenue to be $35-40 billion in 5 years
Tata Motors expects its CV business plus Iveco to grow revenue from $25 billion to $35–40 billion within five years. The deal expands global reach, supports synergies in technology and distribution, and will be funded without equity dilution.
https://auto.economictimes.indiatimes.com/news/commercial-vehicle/tata-motors-iveco-revenue-to-be-35-40-billion-in-5-years-n-chandrasekaran/132082519?utm_source=top_story&utm_medium=homepage
Europe: AlixPartners Forecasts Chinese Brands to Account for 16% of the Market by 2030
AlixPartners expects Chinese brands to reach 16% of Europe’s light-vehicle market by 2030, while European brands lose share. Chinese growth will increasingly rely on local assembly, with EV adoption slower than earlier expectations.
https://www.autoactu.com/actualites/europe-alixpartners-voit-les-marques-chinoises-a-16-du-marche-en-2030
Why is Canada courting China? Just look at the Gordie Howe bridge fiasco
Canada’s Gordie Howe bridge dispute with the U.S. reflects worsening North American trade tensions. The article argues U.S. tariffs and reliability concerns are pushing Ottawa toward China, risking Canada’s auto base and U.S. automakers’ largest export market.
https://www.autonews.com/opinion/columns/anc-gordie-howe-bridge-china-motivation-column/
Uber and Waymo Have Ended Their Robotaxi Tie-Up in Phoenix; Uber to Announce New Partner
Uber and Waymo ended their limited Phoenix robotaxi partnership, with Waymo vehicles returning to its own fleet. Uber plans a new AV partner as it tries to position itself as a major aggregator across multiple robotaxi developers.
https://www.bloomberg.com/news/articles/2026-06-29/uber-waymo-have-ended-robotaxi-tie-up-in-phoenix-uber-to-announce-new-partner?srnd=phx-industries-transportation

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/
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