International Organization of Motor Vehicle Manufacturers

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 monthly increase since December 2024, but BYD still slightly outsold it as electrified competition in Europe continued to intensify.
Link: https://www.reuters.com/business/autos-transportation/european-car-sales-rise-modestly-february-tesla-reverses-year-long-skid-2026-03-24/

Toyota to Invest Further $1 Billion to Boost Output at US Plants
Bloomberg – Chester Dawson – March 23, 2026, 5:15 PM GMT+1
Toyota will invest a further $1 billion in its Kentucky and Indiana plants to expand US vehicle production, mainly to meet demand for hybrid models. The move is part of a broader $10 billion US commitment and reflects growing pressure from Washington for Japanese carmakers to localize more production.
Link: https://www.bloomberg.com/news/articles/2026-03-23/toyota-to-invest-further-1-billion-to-boost-output-at-us-plants?srnd=phx-industries-transportation

Bangkok motor show underscores EV demand as oil crunch deepens
Nikkei – Apornrath Phoonphongphiphat – March 24, 2026, 12:51 JST
Thailand’s motor show is highlighting rising EV demand as high oil prices and supply concerns push consumers away from internal-combustion models. Chinese brands are leading with aggressively priced EVs, while Japanese manufacturers are also giving greater visibility to electric models without abandoning conventional vehicles.
Link: https://asia.nikkei.com/business/automobiles/electric-vehicles/bangkok-motor-show-underscores-ev-demand-as-oil-crunch-deepens

China: Is this the start of a major market shakeout?
Automobilwoche – Hans Evert – March 23, 2026, 5:44 AM
China’s auto market remains under intense price pressure, but the expected consolidation may be less dramatic than often predicted, as many leading players still have the financial strength to endure. Volkswagen’s recent market lead appears more like a temporary snapshot, while foreign joint ventures remain especially vulnerable because of low plant utilization and higher cost structures.
Link: https://www.automobilwoche.de/autohersteller/amw-china-ist-das-schon-die-grosse-marktbereinigung/

Nvidia’s chips power autonomy — but their heat leads to trade-offs
Automotive News – Molly Boigon – March 23, 2026, 12:32 PM EDT
Nvidia’s high-performance chips are attracting growing support from automakers for advanced driver assistance and autonomous driving, thanks to their strong parallel-processing capabilities. However, their high power consumption, heat generation and cost raise major engineering challenges, especially for lower-level automation and for internal-combustion vehicles.
Link: https://www.autonews.com/technology/mobility/an-nvidia-power-draw-chips-0323/