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OICA'S TOP 5 NEWS
Francois Roudier
September 22, 2026
Indian first-time car buyers make a comeback as lower taxes boosts small-vehicle demand
Indian automakers credit lower taxes with reviving first-time demand. Such buyers accounted for 54% of Maruti’s April–August sales, up from 42%, as improved affordability supported small cars and compact SUVs and broadened access to new vehicles.
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/first-time-car-buyers-make-a-comeback-as-lower-gst-boosts-small-vehicle-demand/134400519
U.S. EV market faces long slog as automakers shift to gas engines, hybrids after Trump rolls back policies
U.S. EV registrations fell 31% in July as automakers shifted investment toward gasoline and hybrids. EV market share dropped to 6.2%, versus 16.4% for hybrids, although comparisons reflect last year’s buying rush before tax credits expired.
https://www.autonews.com/ev/an-ev-registrations-july-show-soft-market-0921/
Nissan expands China-built vehicle exports to Southeast Asia and Gulf markets
Nissan is expanding China-built vehicle exports, sending N7 EVs to Southeast Asia and Frontier Pro pickups to Southeast Asia, Latin America and the Gulf. Chinese engineering and manufacturing support the strategy, alongside planned overseas aftersales and parts networks.
https://autonews.gasgoo.com/articles/news/2101910672345853952
Ex-Tesla Executive Leads Hyundai Efforts to Fix Self-Driving Flop
Hyundai is reorganizing its driving-software teams under former Tesla executive Minwoo Park, targeting Nvidia-based driver assistance in 2028 and its Atria system in 2029. The strategy combines large-scale fleet data collection, organizational reform and safety-focused deployment.
https://www.bloomberg.com/news/articles/2026-09-21/ex-tesla-hire-leads-hyundai-efforts-to-fix-self-driving-flop
France’s radio stations are joining forces so listeners can continue to tune in while driving
French broadcasters want mandatory FM and DAB+ receivers in new cars to preserve free radio access. They warn against reliance on paid options or streaming platforms, citing radio’s emergency role and the roughly one-third of listening that occurs in vehicles.
https://www.autoactu.com/actualites/les-radios-s-unissent-pour-pouvoir-continuer-a-etre-ecoutees-dans-les-voitures
Francois Roudier
September 21, 2026
The Chinese commercial vehicle industry is challenging the European industry’s tariff consensus.
European truckmakers seek reciprocal market access but differ on tariffs: MAN favors stronger defenses, Volvo supports targeted countermeasures, and Daimler Truck generally opposes duties. BYD plans a European heavy-truck launch in 2027, with future local production potentially reducing tariff exposure.
https://www.autonews.com/manufacturing/automakers/ane-china-commercial-vehicle-push-europe-0918/
Volkswagen crisis worsens with $11.5 billion profit warning, largely due to Porsche struggles
Volkswagen cut its 2026 margin forecast to no more than 1%, flagging €10 billion in one-off charges, largely linked to Porsche. Weak Chinese demand, U.S. tariffs and competitive pressure intensify the urgency of agreed restructuring and cost reductions.
https://www.reuters.com/world/china/volkswagen-porsche-holding-cut-outlook-2026-09-18/
China’s Leapmotor overtakes Subaru, Mitsubishi Motors in global sales
Leapmotor’s second-quarter sales surged 84% to 240,000 vehicles, overtaking Subaru and Mitsubishi globally. Affordable electrified models, in-house technology and its Stellantis partnership are driving growth, particularly in Europe, as the company targets one million sales in 2026.
https://asia.nikkei.com/business/automobiles/electric-vehicles/china-s-leapmotor-overtakes-subaru-mitsubishi-motors-in-global-sales
Volvo Car Picks Škoda Boss Zellmer as New CEO to Oversee Revamp
Volvo Cars appointed Klaus Zellmer to succeed Håkan Samuelsson as CEO no later than October 1, 2027. The company plans production restructuring, more regionally tailored models and closer Geely cooperation, with hybrids gaining importance as its transition to full electrification slows.
https://www.bloomberg.com/news/articles/2026-09-20/volvo-car-picks-skoda-boss-zellmer-as-new-ceo-to-oversee-revamp
US retailer rations motor oil as prices quadruples and supplies run dry
Motor-oil shortages linked to disrupted Qatari production and Hormuz shipping have nearly quadrupled U.S. Group III base-oil prices. Retailers are rationing supplies and workshops raising charges. Valvoline estimates normal supply could take four to six months to resume after Hormuz fully reopens.
https://www.ft.com/content/64f90ab8-5fb0-4594-a900-d03e5ca051e3?syn-25a6b1a6=1
Francois Roudier
September 18, 2026
EU asks China to voluntarily limit hybrid car exports
The EU reportedly wants China to limit hybrid exports, reducing Chinese-made vehicles’ share of Europe’s hybrid market to around 15% from over one-third. Higher tariffs remain an option if talks fail, as Brussels seeks to protect manufacturers and narrow its trade deficit.
https://www.ft.com/content/0b45cb01-7f62-41c5-8c48-10c47f2e1ae6?syn-25a6b1a6=1
“It’s time to look beyond Europe”: In Brazil, Renault is enjoying a honeymoon with Geely
Renault and Geely are deepening their Brazilian partnership, bringing announced investment since 2025 to €899 million. Shared platforms, local EV and hybrid production, and joint distribution aim to lower costs, regain market share and support Renault’s expansion beyond Europe.
https://www.lefigaro.fr/economie/il-est-temps-d-aller-au-dela-de-l-europe-au-bresil-renault-vit-une-lune-de-miel-avec-geely-20260917
GM doubles down on diesel pickups as rivals tap hybrids
GM is retaining diesel for redesigned Silverado and Sierra pickups, contrasting with rivals’ hybrid strategies. It claims over 900 miles of highway range with a larger tank, betting on long-term efficiency despite high diesel prices that can outweigh fuel-economy benefits.
https://www.reuters.com/business/autos-transportation/gm-doubles-down-diesel-pickups-rivals-tap-hybrids-2026-09-17/
Toyota to deploy 400,000 humanoid robots to work alongside factory staff
Toyota plans 400,000 ELEY humanoid robots across its manufacturing network, supported by $6.42 billion in annual factory modernization investment from 2028. The robots learn tasks from workers and share training data globally, with Toyota emphasizing collaboration rather than job replacement.
https://asia.nikkei.com/business/technology/toyota-to-deploy-400-000-humanoid-robots-to-work-alongside-factory-staff
‘King CATL’ Stranglehold on Chinese EV Makers Starts Loosening
Li Auto and Xiaomi are developing battery technology and diversifying suppliers to reduce dependence on CATL. Automakers seek stronger bargaining power, reliable supplies and greater technological control as component costs rise and price competition squeezes margins, despite CATL’s continued profit growth.
https://www.bloomberg.com/news/articles/2026-09-18/-king-catl-stranglehold-on-chinese-ev-makers-starts-loosening
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