05/20/2026: OICA’s 5 major news items summarized

Japan’s auto industry plots new road map to counter BYD threat Japan’s automakers are rethinking EV strategies as BYD and other Chinese rivals gain ground. Honda is cutting EV investment and refocusing on hybrids, while Toyota, Nissan, Honda and Suzuki pursue alliances, software partnerships and regional strategies in China and India. https://asia.nikkei.com/business/business-asia/japan-s-auto-industry-plots-new-road-map-to-counter-byd-threat India Weighs $1 […]

05/06/2026: OICA’s 5 major news items summarized

Nissan to cut 900 job cuts in Europe as part of global restructuring Nissan will cut around 900 European jobs, mainly white-collar and warehouse roles, and reduce Sunderland production from two lines to one, while avoiding production layoffs. The move supports a global restructuring aimed at restoring profitability and cutting 15% of Nissan’s workforce. https://www.reuters.com/business/world-at-work/nissan-cut-10-europe-workforce-global-restructuring-ft-reports-2026-05-05/ […]

05/04/2026: OICA’s 5 major news items summarized

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 […]