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, […]
04/10/2026: OICA’s 5 major news items summarized
New car registrations in the UK: Top model comes from China for the first time Automobilwoche – Christoph Baeuchle – April 10, 2026, 5:09 a.m. CEST Internet link The Jaecoo 7 became the UK’s top new registration in March, making China the source of the country’s bestselling model for the first time. Chery also overtook […]
04/09/2026: OICA’s 5 major news items summarized
Hyundai Reroutes Ships with Hormuz Blockage Disrupting Supplies Bloomberg – Gabrielle Coppola – April 8, 2026, at 6:51 PM GMT+2 Hyundai is rerouting ships via the Cape of Good Hope to avoid Hormuz disruptions, lengthening lead times. The group is raising local sourcing, maintaining higher inventories, and using greater operational flexibility to protect production amid […]
04/08/2026: OICA’s 5 major news items summarized
Oil Plunges, Stocks Jump on US-Iran Ceasefire Plan: Markets Wrap Bloomberg – Anand Krishnamoorthy – April 8, 2026, at 6:51 AM GMT+2 Oil recorded its sharpest fall in nearly six years and equities surged after a US-Iran two-week ceasefire eased fears over Hormuz and inflation. Markets welcomed lower energy prices and possible Fed cuts, though […]
04/07/2026: OICA’s 5 major news items summarized
“An impossible timeline”: Brussels accused of being unrealistic about local content requirements for electric car batteries Les Echos – Paris, Lionel Steinmann – April 7, 2026, at 6:45 a.m. Brussels’ battery local-content plan aims to cut Chinese dependence and boost European production, but automakers warn the timetable is unrealistic, costs could rise, and Chinese suppliers […]
03/30/2026: OICA’s 5 major news items summarized
BYD profits battered by China’s brutal EV price war Financial Times — Edward White in Shanghai, Tina Hu in Beijing and Kana Inagaki in London — March 27, 2026, 16:21 BYD’s profit fell for the first time in four years as China’s EV price war intensified. Revenue growth missed forecasts, cash flow weakened, debt rose, […]
03/27/2026: OICA’s 5 major news items summarized
Tata, BMW to hike prices in India as Iran war drives up metal costs Nikkei – TAKANORI OKABE – March 27, 2026, 00:29 JST Indian automakers are raising prices from April as Middle East turmoil lifts metal and logistics costs. Tata, Audi and BMW announced increases, while SIAM warns prolonged conflict could disrupt supply chains […]
03/25/2026: OICA’s 5 major news items summarized
Sony and Honda abandon electric car joint venture Nikkei – YUICHI SHIGA and MAKI SAGAMI – March 25, 2026, 17:59 JST Sony and Honda halted Afeela EV development after Honda’s strategy shift undermined the venture’s business assumptions. Sony Honda Mobility will cancel its first two models, refund California reservations, and review its direction as Honda […]