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OICA'S TOP 5 NEWS

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

Francois Roudier
September 15, 2026
2026 IAA Transportation: China, Fleet Goals, and More: The Biggest Challenges Facing the Trucking Industry
Truck makers face electrification, charging shortages, automation, software transition and rising Chinese competition. With diesel still above 92% of EU registrations, meeting 2030 CO₂ targets will require much faster zero-emission adoption and major infrastructure investment.
https://www.automobilwoche.de/autohersteller/amw-china-flottenziele-und-co-die-groessten-herausforderungen-der-truck-branche/
2026 IAA Transportation: Renault Announces a New Push into the Commercial Vehicle Market with the Trafic E-Tech Van
Renault will launch five commercial vehicles by 2028, led by the electric Trafic E-Tech. With over 470 km claimed range, 800-volt charging, software-defined architecture and predictive maintenance, Renault targets lower ownership costs and reduced fleet downtime.
https://www.autoactu.com/actualites/renault-annonce-une-nouvelle-offensive-dans-les-utilitaires-grace-au-trafic-van-e-tech
2026 IAA Transportation: ZF CEO Miedreich Pushes for Subsidies for Hybrid Trucks
ZF CEO Mathias Miedreich wants European support for hybrid trucks, arguing PHEVs could cut CO₂ by up to 47% while reducing charging dependence. ZF also aims to expand its €8 billion commercial-vehicle business by another €1 billion.
https://www.automobilwoche.de/automobilzulieferer/zf/amw-zf-draengt-auf-foerderung-fur-hybrid-lkw/
FAW to become GAC’s No. 2 shareholder in China auto sector shake-up
FAW and GAC are exploring a transaction making FAW GAC’s second-largest shareholder, as Beijing encourages consolidation to reduce overcapacity and price competition. The proposed restructuring reflects growing pressure on state-owned automakers amid weaker joint-venture sales and electrification challenges.
https://asia.nikkei.com/business/business-deals/faw-to-become-gac-s-no.-2-shareholder-in-china-auto-sector-shake-up
Land Rover-Stellantis alliance to reportedly produce Defender pickup in U.S.
JLR reportedly plans a U.S.-built Defender pickup manufactured by Stellantis, potentially avoiding the 25% import tariff on pickups. The project could become the first product of their proposed alliance as JLR seeks major U.S. expansion and reduced tariff exposure.
https://www.autonews.com/jaguar-land-rover/an-land-rover-defender-stellantis-0914/
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