03/25/2026: OICA’s 5 major news items summarized
EU Deal with Australia: Germans Are Now on Equal Footing with Their Toughest Competitors Automobilwoche – Hans Evert – March 24, 2026, 4:51 PM The EU-Australia trade agreement would remove Australia’s 5% tariff on EU car imports, putting German brands on the same footing as Japanese, South Korean and Chinese competitors that already enjoy duty-free […]
03/24/2026: OICA’s 5 major news items summarized
European car sales rise modestly in February, Tesla reverses year-long skid Reuters – Alessandro Parodi – March 24, 2026, 6:01 AM GMT+1 European new car sales returned to growth in February, supported by continued strength in battery-electric, plug-in hybrid and hybrid vehicles, which now account for roughly two-thirds of the market. Tesla posted its first […]
03/23/2026: OICA’s 5 major news items summarized
Automotive: Chinese imports to exceed European exports by 2025 AFP – March 23, 2026, 5:00 AM Chinese automotive imports into the EU exceeded EU vehicle and parts exports to China for the first time in 2025, reversing a €23 billion surplus in 2019 into a €6 billion deficit. Germany was hit particularly hard, with exports […]
03/20/2026: OICA’s 5 major news items summarized
Japan’s auto leaders warn greater collaboration needed for survival Nikkei – Yuichi Shiga – 19 March 2026 Japan’s auto leaders say deeper cooperation across the domestic industry is now essential as Chinese automakers gain global share and intensify competitive pressure. JAMA leaders highlighted supply chains, critical materials, automation, productivity and multi-pathway decarbonization as key priorities […]
03/19/2026: OICA’s 5 major news items summarized
Chery posts record 2025 results as EV surge and global push fuel growth Gasgoo – 18 March 2026 Chery delivered record 2025 results, with sales up 14.6% to 2.63 million vehicles and NEV sales up 72.5%. Revenue reached $43.5 billion and net profit $2.83 billion. Exports rose 33.2%, confirming electrification and overseas expansion as core […]
03/18/2026: OICA’s 5 major news items summarized
China’s EV battery makers widen lead to over 70% global share Nikkei – SHIZUKA TANABE and NAMI MATSUURA – March 18, 2026, 05:22 JST Chinese battery makers exceeded 70% of global installed EV battery capacity in 2025, led by CATL at 39.2%. South Korean rivals lost ground amid U.S. EV weakness, while Chinese groups expanded […]
03/17/2026: OICA’s 5 major news items summarized
Trump tariffs have cost automakers at least $35 billion since 2025 Automotive News – John Irwin – March 16, 2026, 07:00 AM EDT U.S. tariffs have cost automakers at least $35.4 billion since 2025. Toyota faces the biggest projected hit, while many major manufacturers exceed $1 billion each. Alongside EV restructuring costs, tariffs are squeezing […]
03/16/2026: OICA’s 5 major news items summarized
Renault announces extended-range option for next-generation EV platform Automotive News Europe – Peter Sigal – March 15, 2026, 06:29 PM EDT Renault will add an extended-range EV option to its next-generation Medium 2.0 platform for Scenic and Rafale, pairing electric drive with a small generator engine. It promises 1,400 km range, lower complexity than PHEVs, […]
03/13/2026: OICA’s 5 major news items summarized
‘Made in EU’ proposal poses danger to UK auto industry, SMMT boss says Reuters News – March 12, 2026, 09:43 AM EDT https://www.autonews.com/manufacturing/automakers/ane-uk-eu-content-proposals-corporate-fleets-0312/ SMMT warns proposed EU local-content rules for EVs could shut UK-built cars out of the EU corporate fleet market, threatening exports. It also urged a review of Britain’s EV mandate, arguing affordable […]
03/11/2026: OICA’s 5 major news items summarized
Volkswagen faces tough test – cash stable, profits under pressure Automobilwoche – Micha Gebhardt – March 10, 2026, 2:14 PM https://www.automobilwoche.de/autohersteller/volkswagen/amw-analyse-volkswagen-finanzzahlen-2025/ Volkswagen’s results show resilience but heavy strain: sales held near €322 billion, profit halved to €8.9 billion, and margins remain too weak for its transformation. Cash flow discipline improved, core brands progressed unevenly, and […]