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OICA'S TOP 5 NEWS
Francois Roudier
October 29, 2026
UK vehicle production rises sharply in September against cyber-hit comparison
UK vehicle production rose 36.3% in September, helped by a weak cyber-disrupted comparison. Exports increased strongly, but nine-month output remained 3% lower. SMMT warned that EV mandates, EU local-content rules and 2027 rules of origin threaten competitiveness.
https://www.reuters.com/world/uk/uk-vehicle-production-rises-sharply-september-against-cyber-hit-comparison-2026-10-29/?utm_source=chatgpt.com
Great Wall Motor plans 50,000-vehicle Bulgarian production base
The supplied text concerns CATL’s solid-state battery timetable, not Great Wall’s Bulgarian production project. CATL targets pilot output in 2027 and mass production around 2030, while acknowledging major engineering, cost and commercialization challenges.
https://autonews.gasgoo.com/articles/market-industry/great-wall-motor-plans-bulgarian-production-base-with-50000-unit-annual-capacity-2115649589948067840
Stellantis CEO Says Quality ‘War Rooms,’ Cuts Are Paying Off
Stellantis says 80 quality “war rooms,” AI-supported defect detection and cost reductions are improving performance. Quarterly savings could reach €600 million, although recalls remain substantial. CEO Antonio Filosa confirmed the five-year product plan and
said no brands are for sale.
https://www.bloomberg.com/news/articles/2026-10-28/stellantis-ceo-says-quality-war-rooms-and-cost-cuts-paying-off?srnd=phx-industries-transportation
Hyundai Motor reports 5.5% rise in Q3 operating profit, beats forecasts
Hyundai’s operating profit rose 5.5% and exceeded forecasts, helped by favorable exchange rates. However, revenue declined, and the company cut its margin, sales and investment targets amid Chinese EV competition, limited affordable electric offerings and weaker
model demand.
https://www.reuters.com/business/autos-transportation/hyundai-motor-reports-55-rise-q3-operating-profit-beats-forecasts-2026-10-29/
Ford shrugs off high gas prices with $2 billion in net income, resilient F-150 sales
Ford earned $2 billion in Q3 as strong F-Series demand and lower EV losses supported results. It raised full-year guidance, while rising material and logistics costs remain concerns. Its next EV platform targets Chinese-level cost efficiency using simplified
designs and CATL technology.
https://www.autonews.com/ford/an-ford-q3-earnings-1028/
Francois Roudier
October 28, 2026
India’s Tata Is Now the Owner of Iveco
Tata Motors secured control of Iveco after its €3.4 billion offer reached 87.81% acceptance. The deal creates a commercial-vehicle group selling over 540,000 vehicles annually, while Iveco’s defense business will be sold separately to Leonardo.
https://www.autoactu.com/actualites/l-indien-tata-desormais-proprietaire-d-iveco
Mercedes Cuts Profit Forecast for 2026
Mercedes-Benz cut its 2026 passenger-car margin forecast to 2%–3% as Chinese sales, particularly luxury models, declined sharply and material costs rose. Group EBIT should remain broadly flat, although vans and financial services retain their existing targets.
https://www.automobilwoche.de/autohersteller/mercedes-benz/amw-mercedes-kappt-gewinnprognose-2026/
Maruti Plans More Price Hikes as Profit Drops 27% on High Costs
Maruti Suzuki’s quarterly profit fell 27% as raw-material costs surged and lower-priced models reduced margins. Despite strong volume growth and a 40.8% market share, further price increases are planned amid inflation, currency pressure and uncertain rural
demand.
https://www.bloomberg.com/news/articles/2026-10-27/maruti-suzuki-profit-misses-estimate-as-costs-squeeze-margins?srnd=phx-industries-transportation
Japan’s EV subsidies face uncertain future as country’s ‘DOGE’ takes aim
Japan will reduce EV subsidies from January as fiscal authorities seek deeper spending cuts. Industry officials argue support remains necessary because EVs represent only about 5% of sales, while critics want a clearer exit strategy and less market distortion.
https://asia.nikkei.com/business/automobiles/electric-vehicles/japan-s-ev-subsidies-face-uncertain-future-as-country-s-doge-takes-aim
Electric vehicles are banking on the gradual adoption of 800-volt architecture to increase their versatility
Automakers are gradually adopting 800-volt EV systems to enable faster charging, lighter cables and greater efficiency. Chinese brands lead deployment, while Renault plans broader use from 2028. Higher costs and limited 350-kW charging infrastructure will slow
adoption.
https://www.auto-infos.fr/article/le-vehicule-electrique-mise-sur-une-generalisation-progressive-de-l-architecture-800-volts-pour-accroitre-sa-polyvalence.294142
Francois Roudier
October 27, 2026
2026 WICV: Intelligent Connected Vehicles Enter the “Era of Regulations”
China is accelerating ICV standards across vehicles, communications and infrastructure. With Level 2 systems in 70% of new cars, it targets 140 standards by 2030 and 200 by 2035, strengthening lifecycle governance and influence over global automated-driving
rules.
https://auto.gasgoo.com/news/202610/27I70475985C601.shtml?utm_source=chatgpt.com
US, Canada working on deal to ease steel, auto tariffs
The U.S. and Canada are discussing limited relief from Section 232 tariffs on steel and autos, potentially before November 3. A deal could lower cross-border costs for integrated supply chains, though early measures may cover only selected tariffs.
https://www.reuters.com/world/us-canada-working-deal-ease-steel-auto-tariffs-sources-say-2026-10-26/
Volkswagen considers using Chinese software for Europe
Volkswagen may use its Xpeng-developed China Electronic Architecture in future European mass-market models, potentially reducing Rivian’s role. The proposal reflects Cariad’s difficulties and Volkswagen’s search for faster, scalable software across Volkswagen,
Škoda and Cupra.
https://www.reuters.com/business/autos-transportation/volkswagen-considers-using-chinese-software-europe-report-says-2026-10-26/
Japan’s Subaru to go EV-only in Europe by 2028
Subaru plans to become EV-only in Europe by 2028, ending gasoline sales as Euro 7 and tighter CO₂ rules raise compliance costs. Europe represents under 3% of Subaru’s volume, making continued investment in low-volume combustion models difficult.
https://asia.nikkei.com/business/automobiles/japan-s-subaru-to-go-ev-only-in-europe-by-2028
How Rimac beat Chinese, bigger suppliers to become BMW battery partner
Rimac secured BMW battery business by committing early to dedicated production capacity. It now builds 48,000 systems annually for the i7 and is developing two more BMW programs, demonstrating a young European supplier can compete with larger Chinese rivals.
https://www.autonews.com/manufacturing/automakers/ane-rimac-bmw-battery-win-tops-chinese-1026/
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François Roudier & Jan Bakker at IAA Transportation 2026
Hear from Jan Bakker, Partner at Deloitte, and François Roudier, Secretary General at OICA (Organisation Internationale des Constructeurs Automobiles), as they discuss the uncertainties, opportunities, and strategic decisions that will define the road to 2030.
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