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OICA'S TOP 5 NEWS
Francois Roudier
March 30, 2026
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, and market share dropped sharply. Exports helped, but investors now question whether overseas expansion can restore sustainable profitability.
https://www.ft.com/content/f251bd25-ef1d-41b8-8e4a-a8a0a742750c?syn-25a6b1a6=1
Toyota Sales Dip, While Japan’s Automakers Brace for Iran Impact
Bloomberg — Nicholas Takahashi — March 30, 2026, at 6:30 AM GMT+2
Toyota’s February global sales fell 2.3%, with China weakened by EV competition and Japan by soft demand. The bigger risk is Iran-related supply disruption: Japanese automakers rely heavily on Middle East aluminum, while shipping rerouting and recalls add further pressure.
https://www.bloomberg.com/news/articles/2026-03-30/toyota-sales-dip-while-japan-s-automakers-brace-for-iran-impact?srnd=phx-industries-transportation
Geely combines European engineering operations to speed global vehicle launches
Automotive News Europe — Frank Volk — March 29, 2026, 05:23 PM EDT
Geely merged its European engineering hubs into Geely Technology Europe to speed global launches and strengthen Europe’s role in software-defined vehicles and EV platforms. The group wants China-to-overseas launch delays below six months and plans to double Europe-led vehicle projects by 2027.
https://www.autonews.com/geely/ane-geely-combined-engineering-hubs-germany-sweden-0329/
Indian Government eyes flexible-fuel vehicles’ faster rollout
TIMESOFINDIA.COM — Dipak K Dash — March 30, 2026, at 08:24 AM IST
India is pushing faster rollout of flexible-fuel vehicles as energy-security concerns rise. Automakers have prototypes ready, but want cheaper ethanol fuel, compensation for lower mileage, more ethanol stations, and tax treatment closer to EVs before large-scale adoption can succeed.
https://auto.economictimes.indiatimes.com/news/industry/govt-accelerates-rollout-of-flexible-fuel-vehicles-amid-energy-supply-concerns/129890315
Top China EV academician: solid-state batteries may need 5–10 years to reach 1% market share
CarNewsChina.com — Adrian Leung — March 30, 2026, 4:22 AM CEST
Ouyang Minggao said solid-state batteries may take five to ten years to reach even 1% market share. Vehicle installations could begin around 2027, but commercialization remains limited by technical hurdles, safety concerns, cost, and the challenge of scaling industrial production.
https://carnewschina.com/2026/03/30/top-china-ev-academician-solid-state-batteries-may-need-5-10-years-to-reach-1-market-share/
Francois Roudier
March 27, 2026
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 and trigger broader hikes despite still-strong vehicle demand.
https://asia.nikkei.com/spotlight/iran-tensions/tata-bmw-to-hike-prices-in-india-as-iran-war-drives-up-metal-costs
Hyundai says it will build, supply 80% of vehicles sold in U.S. domestically by 2030 as it plans 36-model blitz
Automotive News – Richard Truett – March 26, 2026, 05:27 PM EDT
Hyundai plans to localize 80% of U.S. sales and sourcing by 2030, backed by $26 billion of investment and 36 new or upgraded North American models. The strategy aims to reduce tariff exposure and broaden Hyundai into a full-line automaker.
https://www.autonews.com/hyundai/an-hyundai-north-america-expansion-0326/
MG to bring semisolid-state batteries to Europe, targeting budget EV buyers
Automotive News Europe – William Boston – March 26, 2026, 01:00 AM EDT
MG will introduce semisolid-state batteries in a mass-market MG4 in Europe, using scale rather than premium positioning to industrialize the technology faster. The move supports its push in Europe’s EV price war as it expands sales and seeks local production.
https://www.autonews.com/saic/mg/ane-mg-semisolid-state-mg4-europe-0326/
As Carmakers Shift to Digital Dashboard, Lawmakers Push to Keep AM Radio
Bloomberg – Kelcee Griffis – March 26, 2026, at 3:00 PM GMT+1
The AM radio mandate debate pits emergency-use arguments against automakers’ view that regulation should not preserve outdated technology. As dashboards go digital and EVs face reception issues, the broader question is whether policy should protect legacy broadcasting or favor innovation.
https://www.bloomberg.com/news/articles/2026-03-26/facing-slow-fade-in-cars-am-radio-sees-path-to-legal-mandate?srnd=phx-industries-transportation
Whether it rebounds or declines, the automotive industry must either take bold steps or face certain failure
Autoactu.com – Detroit, Bertrand Rakoto – March 27, 2026
The industry faces a strategic reckoning after costly electrification bets, subsidy rollbacks, weak demand and Chinese pressure. The text argues automakers must regain industrial clarity, political influence and boldness, while avoiding past management errors, or risk long-term decline.
https://www.autoactu.com/actualites/rebond-ou-repli-l-industrie-automobile-doit-etre-audacieuse-ou-confirmer-son-echec
Francois Roudier
March 26, 2026
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 scales back EV ambitions.
https://www.reuters.com/world/asia-pacific/sony-honda-mobility-cancels-ev-development-refund-early-buyers-2026-03-25/
GM to invest $600 million in its South Korean unit
Reuters – March 25, 2026, 7:11 AM GMT+1
GM will invest $600 million in South Korea to modernize plants, improve quality and strengthen its small SUV base. The move reassures workers, but uncertainty remains over GM’s long-term commitment, especially without announced future EV production plans.
https://www.reuters.com/business/autos-transportation/gm-invest-600-million-south-korean-unit-2026-03-25/
Self-driving will not make Nissan a commodity, says CEO
Financial Times – Harry Dempsey in Tokyo – March 26, 2026, 05:00 am
Nissan CEO Ivan Espinosa is betting on autonomous driving, software and EV technology to rebuild the company and avoid becoming a low-margin contract manufacturer. Nissan is pairing deep restructuring with robotaxi plans in Tokyo, while still facing competition, cost and liability risks.
https://www.ft.com/content/4b584311-8bcc-4e75-96ec-477310aa382c?syn-25a6b1a6=1
Leapmotor to double European lineup by end of 2026 with three new EVs
Automotive News Europe – Andrea Malan – March 25, 2026, 10:10 AM EDT
Leapmotor plans three new EVs in Europe by end-2026, doubling its lineup after rapid sales growth. Backed by Stellantis, it aims to strengthen brand recognition, expand in affordable segments and begin B10 production in Spain to reduce EU tariff exposure.
https://www.autonews.com/stellantis/ane-leapmotor-new-models-europe-0325/
Volkswagen Responds to Skoda’s Withdrawal from China: Sales to Continue Through Mid-Year, After-Sales Service to Remain Available
IT Home – Haomiao – 3/26/2026,14:40:17
Volkswagen China said Skoda will keep selling cars in China until mid-2026 and will maintain warranty and after-sales service afterward. Skoda is shifting toward faster-growth markets such as India and ASEAN, while Volkswagen insists China remains strategically central to the group.
https://www.ithome.com/0/932/913.htm
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