05/07/2026: OICA’s 5 major news items summarized
BYD, Tesla May Face Import Caps as Canada Works Out China EV Quota Canada is debating how to allocate its 49,000-unit annual low-tariff quota for Chinese-made EVs, possibly capping access by company to prevent domination. Officials want room for Tesla, Polestar and Chinese newcomers, with future access linked to price and Canadian investment. https://www.bloomberg.com/news/articles/2026-05-06/byd-tesla-may-face-import-caps-as-canada-works-out-china-ev-quota […]
05/06/2026: OICA’s 5 major news items summarized
Nissan to cut 900 job cuts in Europe as part of global restructuring Nissan will cut around 900 European jobs, mainly white-collar and warehouse roles, and reduce Sunderland production from two lines to one, while avoiding production layoffs. The move supports a global restructuring aimed at restoring profitability and cutting 15% of Nissan’s workforce. https://www.reuters.com/business/world-at-work/nissan-cut-10-europe-workforce-global-restructuring-ft-reports-2026-05-05/ […]
05/05/2026: OICA’s 5 major news items summarized
Despite the war with Iran and Trump, the German industry is sticking to its forecasts German automakers are keeping forecasts despite Iran-related logistics costs, weaker growth expectations and Trump’s tariff threat. VW says conflict costs €25–30 million monthly but orders remain strong; VDA holds its 2% registration outlook, while ACEA and ZDK reassess risks. https://www.automobilwoche.de/krise/amw-branche-veraendert-prognosen-vorerst-nicht/ […]
05/04/2026: OICA’s 5 major news items summarized
Donald Trump says he will raise tariff on autos from European Union to 25% Trump said EU car and truck tariffs would rise to 25%, accusing Brussels of breaching a trade deal. The EU rejected the claim and warned of countermeasures, while automakers warned of higher costs and worsening transatlantic tensions. https://www.reuters.com/business/autos-transportation/trump-says-he-will-raise-tariffs-eu-autos-25-2026-05-01/ Toyota to […]
04/30/2026: OICA’s 5 major news items summarized
Stellantis Swings to Net Profit on Robust Jeep, Ram Sales Stellantis returned to profit in Q1, helped by stronger Jeep and Ram demand in North America and rising shipments. Europe remained pressured by pricing and competition. CEO Antonio Filosa is finalizing a global review, while full-year guidance was confirmed. https://www.bloomberg.com/news/articles/2026-04-30/stellantis-swings-to-net-profit-on-robust-jeep-ram-sales?srnd=homepage-europe Volkswagen profit drops in […]
04/29/2026: OICA’s 5 major news items summarized
Toyota Suppliers Start to See Shortages Due to Iran Conflict Toyota’s supplier network faces growing uncertainty from Iran-related disruptions, with smaller suppliers warning of possible part shortages within two weeks. Aluminum, resins, thinners and logistics issues could hit production planning and profits across Denso, Toyoda Gosei and Toyota Boshoku. https://www.bloomberg.com/news/articles/2026-04-28/toyota-suppliers-start-to-see-shortages-due-to-iran-conflict?srnd=phx-industries-transportation BYD posts steepest profit […]
04/28/2026: OICA’s 5 major news items summarized
Made in Europe: Suppliers are pushing for even stricter regulations CLEPA says the EU’s Industrial Accelerator Act is too weak, urging a 70% European value-added threshold, anti-circumvention rules and tighter investment screening. ACEA and VDA are more cautious, warning competitiveness problems cannot be solved by local-content rules alone. https://www.automobilwoche.de/automobilzulieferer/amw-zulieferer-dringen-auf-haertere-made-in-europe-regeln/ Kia CEO signals price cuts […]
04/27/2026: OICA’s 5 major news items summarized
The 2025 Global Automobile and China Automobile Industry Development Report Conference was held in Beijing OICA’s Shailesh Chandra and CAAM’s Fu Bingfeng highlighted a turbulent but resilient global industry. François Roudier presented 2025 data: 96.4 million vehicles produced, 99.8 million sold, with uneven recovery, China leading sales and exports, and emerging markets driving growth. Internet […]
04/21/2026: OICA’s 5 major news items summarized
At Beijing car show, Chinese automakers take aim at Europe’s premium brands Chinese carmakers are moving upmarket with tech-rich premium SUVs and hybrids priced well below German rivals, shifting competition from an EV price war to a broader value-for-money battle. The trend adds pressure on German brands already losing sales in China and abroad. https://www.reuters.com/world/china/beijing-car-show-chinese-automakers-take-aim-europes-premium-brands-2026-04-21/ […]
04/20/2026: OICA’s 5 major news items summarized
Japan Manufacturers Hurt Most by Aluminum Shortage from Iran War Reference: Bloomberg — Nicholas Takahashi — April 19, 2026, 11:35 PM GMT+2 Internet link: Article Summary: Japan’s auto sector is highly exposed to the Iran-war aluminum shock: about 70% of automotive aluminum imports come from the Middle East. Prices are up 13%, deliveries have stopped, […]