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International Organization of Motor Vehicle Manufacturers
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- April 23, 3 PM (UTC+8)
As part of the Beijing Auto Show 2026 organized by CAAM, OICA will be streaming the conferences live on April 23 at 3:00 PM (UTC+8).
To watch the live broadcast, please visit the dedicated page by clicking the button below.
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OICA'S TOP 5 NEWS
Francois Roudier
May 5, 2026
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/
Audi Pledges Cost Cuts as Trump’s Tariff Plan Threatens Outlook
Audi is cutting capacity, jobs and complexity to offset weak China and North America demand and trade risks. It kept its outlook but excludes possible Iran war impacts and Trump’s higher U.S. tariff threat, which could add €444 million in costs.
https://www.bloomberg.com/news/articles/2026-05-05/audi-pledges-cost-cuts-as-trump-s-tariff-plan-threatens-outlook?srnd=homepage-americas
Tesla faces EU skepticism over automated-driving tech, records show
Tesla expects EU approval for FSD, but regulators in several countries question safety, consumer understanding and documentation. Concerns include speeding, icy roads, moose, phone-use safeguards and the “Full Self-Driving” name, despite some praise for performance in complex traffic.
https://www.reuters.com/business/autos-transportation/tesla-faces-eu-skepticism-over-automated-driving-tech-records-show-2026-05-05/
China’s carmakers chase ‘Yaris moment’ to ignite overseas growth
Chinese automakers are developing export-specific models to grow overseas as domestic price wars squeeze margins. BYD, Chery, Changan, MG and Hongqi are targeting Europe, Australia, Mexico and Brazil with smaller cars, hatchbacks, compact SUVs and pickups tailored to regional demand.
https://www.reuters.com/business/autos-transportation/chinas-carmakers-chase-yaris-moment-ignite-overseas-growth-2026-05-05/
Chinese van makers disrupt Europe’s van market with tariff-free imports
Chinese automakers are entering Europe’s electric van market with tariff-free imports and lower prices. Chery, Farizon and Foton target major markets, while Ford responds with a China-built Transit City. Established brands warn vans require service networks, parts, conversions and charging support.
https://www.autonews.com/manufacturing/automakers/ane-china-van-manufacturers-europe-push-0504/
Francois Roudier
May 4, 2026
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 build 3 India plants, tripling output in country
Toyota plans three new assembly plants in Maharashtra, tripling Indian capacity to 1 million vehicles by the 2030s. The expansion will support local demand and exports, making India Toyota’s fourth-largest production base.
https://asia.nikkei.com/business/automobiles/toyota-to-build-3-india-plants-tripling-output-in-country
France’s automobile market: electric car sales continued to pick up pace in April
French electric car sales accelerated strongly, supported by broader model availability, incentives and fleet demand. EVs reached 26% of the new-car market, while gasoline and diesel continued to decline despite overall registrations remaining below pre-2019 levels.
https://www.lesechos.fr/industrie-services/automobile/automobile-les-ventes-de-voitures-electriques-poursuivent-leur-acceleration-en-avril-2229607
Detroit carmakers warn of $5bn commodities shock due to Iran war
GM, Ford and Stellantis warned that Iran-related commodity inflation could cost about $5 billion this year, adding to tariff pressures. Aluminium, logistics, chips, plastics and energy-related materials are key risks, potentially pushing prices higher.
https://www.ft.com/content/a24a24f6-064b-4f00-a339-edf597596d5a?syn-25a6b1a6=1
European automakers face China’s software edge with 3-pronged response strategy
Beijing showed China’s lead in software-defined, intelligent vehicles, shifting competition from electrification to execution and integration. European automakers are responding with localization, faster development, Chinese partnerships and “China speed” strategies to defend their premium and technology positions.
https://www.autonews.com/technology/ane-china-export-ev-partnerships-sdv-0503/
Francois Roudier
April 30, 2026
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 first quarter
Volkswagen’s Q1 operating profit fell 14% to €2.5 billion, below expectations, as tariffs, weak demand and Chinese competition hit profitability. Revenue also declined, while the group continues restructuring and targets a 2026 margin of 4% to 5.5%.
https://www.reuters.com/business/volkswagen-reports-profit-decline-first-quarter-2026-04-30/
Ford raises profit outlook for 2026 despite nagging aluminum supply costs
Ford modestly raised its 2026 profit outlook after stronger-than-expected Q1 earnings, but aluminum costs, tariffs and Novelis supply disruptions continue to weigh on production. F-Series output declined, inventories tightened, and total vehicle sales fell 9%.
https://www.reuters.com/business/autos-transportation/ford-raises-profit-outlook-2026-despite-nagging-aluminum-supply-costs-2026-04-29/
GM to build next-generation V-8 engines in Ontario with $691M investment
GM Canada will invest $691 million in St. Catharines to build next-generation V-8 engines for full-size pickups and SUVs. The move reinforces Canada’s role in profitable combustion programs despite tariff concerns and recent production shifts to the U.S.
https://www.autonews.com/manufacturing/automakers/anc-gm-st-catharines-0429/
China suspends new autonomous driving permits after Baidu incident
China paused new robotaxi permits after a Baidu Apollo Go outage left about 200 vehicles stopped in Wuhan traffic. Regulators ordered self-inspections across the sector, potentially slowing expansion while strengthening safety oversight and raising barriers for operators.
https://asia.nikkei.com/business/automobiles/electric-vehicles/china-suspends-new-autonomous-driving-permits-after-baidu-incident
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Through our autos, we connect people, products and services to enhance quality of life and sustainable automobility. We are committed to technological innovation in the areas of safety, environnement, fuel efficiency, and we seek global harmonization of safety and environmental standards to benefit all countries.
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