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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 6, 2026
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/
Geely is buying the Body 3 plant in Valencia (Spain) and plans to manufacture its own car as well as one for Ford
Geely will reportedly buy Ford’s inactive Body 3 facility in Valencia, enabling independent production. It may build a multi-energy Geely model and a Ford vehicle there, potentially restoring Almussafes output above 300,000 units and supporting employment.
https://www.latribunadeautomocion.es/2026/05/geely-compra-la-planta-de-body-3-de-almussafes-y-planea-fabricar-un-coche-propio-y-otro-para-ford/
Honda to shelve $11bn Canada EV plant as demand sputters
Honda is expected to freeze its planned Ontario EV and battery plants as weak U.S. EV demand, lost tax credits and policy uncertainty push it toward hybrids. Cancellation remains possible, while Honda redirects North American production toward flexible hybrid and gasoline output.
https://asia.nikkei.com/business/automobiles/honda-to-shelve-11bn-canada-ev-plant-as-demand-sputters
Toyota switches on to electric vehicles to counter Chinese threat
Toyota is accelerating EV sales despite rivals scaling back, driven by Chinese competition, regulation and higher petrol prices. Its EV sales more than doubled in early 2026, while the group maintains its multi-pathway strategy across EVs, hybrids, hydrogen and combustion vehicles.
https://www.ft.com/content/5c321fb2-ae4c-46fa-a762-ec0bd0a2f516?syn-25a6b1a6=1
Chinese Truck Drivers Are Going Electric as Gas Prices Soar
Electric trucks are gaining rapidly in China as fuel prices rise sharply after the Iran war. Sales tripled in 2025 and doubled again in March, helped by subsidies and lower operating costs, though long-haul use remains limited by infrastructure constraints.
https://www.bloomberg.com/news/articles/2026-05-05/chinese-truck-drivers-are-going-electric-as-gas-prices-soar
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/
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