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OICA'S TOP 5 NEWS
Francois Roudier
July 2, 2026
ACEA urges EU to include UK, Turkey, Morocco in local-content rules
ACEA backs EU local-content goals but warns the draft could disrupt established supply chains. It wants the UK treated as European, Turkey and Morocco investments protected, and the 70% content rule applied more flexibly.
https://www.autonews.com/manufacturing/automakers/ane-acea-local-content-0701/
Maruti stays on top, Tata edges past Mahindra in India June passenger vehicle sales race
India’s passenger-vehicle market grew strongly in June, led by Maruti, while Tata overtook Mahindra for second place. Demand was supported by launches, CNG, EVs, hybrids and exports, though competition, geopolitics and price increases remain risks.
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/maruti-stays-on-top-tata-edges-past-mahindra-in-june-pv-sales-race/132115874?utm_source=top_story&utm_medium=homepage
Toyota to partly cover supplier losses after halting EV development
Toyota may compensate suppliers after cancelling the advanced Lexus LF-ZC EV, which involved gigacasting and major supplier investment. The move reflects a more profit-focused strategy under new leadership, while some technologies may transfer to future models.
https://asia.nikkei.com/business/automobiles/toyota-to-partly-cover-supplier-losses-after-halting-ev-development
Nissan CEO Insists Alliance with Renault Has Never Been Better
Nissan CEO Ivan Espinosa says Renault’s abstention on a board appointment does not signal alliance tension. He argues cooperation is stronger than ever, while Nissan restructures plants, cuts jobs and pursues project-based collaboration with Honda and Mitsubishi.
https://www.bloomberg.com/news/articles/2026-07-02/nissan-ceo-insists-alliance-with-renault-has-never-been-better
Wayve courts automakers with AI driving system that learns like humans
Wayve is gaining automaker interest with end-to-end AI driving technology that can adapt across vehicles, sensors and markets. Backed by Nvidia, Mercedes-Benz and Nissan, it promises faster deployment but faces safety-validation concerns over its “black box” approach.
https://www.reuters.com/technology/wayve-courts-automakers-with-ai-driving-system-that-learns-like-humans-2026-07-01/
Francois Roudier
July 1, 2026
UK SMMT warns of £1.4 billion hit from post-Brexit rules
The SMMT warns UK EV makers could face £1.4 billion in tariffs from January 2027 if UK-EU local-content rules are unresolved. A 10% tariff could affect 70% of electrified models, damaging competitiveness and affordability.
https://www.autonews.com/retail/sales/ane-uk-smmt-brexit-hit-content-rules-eu-0630/
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminum
Ferrari and BMW are expanding aluminum wiring to cut weight and costs as copper prices rise. The shift, already used by Tesla and Chinese EV makers, could reduce wiring weight, improve range and affect up to 6% of copper demand by 2030.
https://www.reuters.com/business/autos-transportation/ferrari-bmw-join-tesla-china-switch-copper-cheaper-aluminium-2026-06-30/
Toyota to harmonize vehicle specs with AI, helping to speed production
Toyota will use AI to standardize vehicle-specification terminology across divisions, reducing 45,000 specialized terms to 5,000 common ones. The OMUSVI system aims to cut internal translation work, connect suppliers and shorten production lead times by 2028.
https://asia.nikkei.com/business/automobiles/toyota-to-harmonize-vehicle-specs-with-ai-helping-to-speed-production
Chinese carmakers’ hunger for chips boosts national self-reliance drive
Chinese automakers are accelerating in-house chip design to reduce reliance on foreign semiconductors. BYD, Nio, XPeng, SAIC and others are developing or sourcing domestic AI chips, aiming to lower costs, improve performance and limit geopolitical exposure.
https://www.ft.com/content/dc7b4dfb-b279-4740-ae71-862a9e267aa9?syn-25a6b1a6=1
The truck driver shortage has reached a record high worldwide, with 3 million job openings
The IRU warns the global truck driver shortage has become structural, with 2.9 million unfilled jobs across 18 countries. Ageing workforces, weak recruitment and poor working conditions are forcing carriers to reject contracts and seek coordinated public-private solutions.
https://www.trm24.fr/la-penurie-de-routiers-atteint-un-niveau-record-mondial-avec-3-millions-de-postes-vacants/
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
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