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OICA'S TOP 5 NEWS
Francois Roudier
March 16, 2026
Renault announces extended-range option for next-generation EV platform
Automotive News Europe – Peter Sigal – March 15, 2026, 06:29 PM EDT
Renault will add an extended-range EV option to its next-generation Medium 2.0 platform for Scenic and Rafale, pairing electric drive with a small generator engine. It promises 1,400 km range, lower complexity than PHEVs, rear-wheel drive and major cost reductions.
https://www.autonews.com/renault/ane-renault-range-extender-0312/
American Auto groups urge Trump to keep Chinese carmakers out of US
Reuters – David Shepardson – March 14, 2026
U.S. auto groups urged Trump to keep strict barriers against Chinese carmakers, backing the 2025 cybersecurity rule and opposing local Chinese production. They argue Chinese entry would endanger competitiveness, security and the industrial base, potentially complicating U.S.-China talks before Trump’s expected March 31 visit.
https://www.reuters.com/business/autos-transportation/auto-industry-groups-urge-trump-keep-chinese-autos-out-us-2026-03-13/
Honda’s Car Troubles Began Long Before Its Disastrous Bet on EVs
Bloomberg – Nicholas Takahashi – March 15, 2026, at 11:40 PM GMT+1
Honda’s EV collapse exposed deeper automotive weakness: an aging lineup, four quarters of auto operating losses, weak U.S. growth and a stalled China business. Once a hybrid pioneer, it now trails Toyota badly, while cancelled EV programs highlight a broader strategic overhaul ahead.
https://www.bloomberg.com/news/articles/2026-03-15/honda-s-car-troubles-began-long-before-its-disastrous-bet-on-evs?srnd=phx-industries-transportation
Drive-by-Wire: The race is entering its final stages
Automobilwoche – Michael Gerster – March 16, 2026, 6:00 AM
Drive-by-wire is nearing production scale as Chinese startup Orient Motion launches electronic-mechanical brakes on Chery’s Exeed EX7. Bosch, ZF and Conti are advancing steer- and brake-by-wire, with software control, redundancy and automated-driving benefits expected to drive rapid global adoption by 2030.
https://www.automobilwoche.de/automobilzulieferer/amw-brake-by-wire-bosch-zf-orient-motion/
Rising prices push US car ownership costs to breaking point
Financial Times – Christian Davies in New York – March 16, 2026
U.S. car ownership costs are hitting consumers as new-vehicle prices top $50,000, monthly payments exceed $800 and insurance, repairs and fuel all rise. Analysts see a structural shift toward expensive SUVs and trucks, leaving fewer affordable options and threatening 2026 sales.
https://www.ft.com/content/faf8a545-5116-43aa-b60d-5bd932018f8a
Francois Roudier
March 13, 2026
‘Made in EU’ proposal poses danger to UK auto industry, SMMT boss says
Reuters News – March 12, 2026, 09:43 AM EDT
https://www.autonews.com/manufacturing/automakers/ane-uk-eu-content-proposals-corporate-fleets-0312/
SMMT warns proposed EU local-content rules for EVs could shut UK-built cars out of the EU corporate fleet market, threatening exports. It also urged a review of Britain’s EV mandate, arguing affordable EV shortages and costly discounts make current sales targets unsustainable.
Japan’s Honda warns massive EV writedown will put carmaker in red
Nikkei – YUICHI SHIGA – March 12, 2026, 18:54 JST
https://asia.nikkei.com/business/automobiles/japan-s-honda-warns-massive-ev-writedown-will-put-carmaker-in-red
Honda is canceling three North American EV launches, booking up to 2.5 trillion yen in losses and expecting a 690 billion yen net loss for fiscal 2025. It blamed weaker EV demand, U.S. policy shifts, Asian competition, and will now emphasize hybrids and India.
China passenger vehicle retail sales fall in February amid policy transition and seasonal effects
Gasgoo – March 12, 2026, 21:27 BJT
https://autonews.gasgoo.com/articles/news/china-passenger-vehicle-retail-sales-fall-in-february-amid-policy-transition-and-seasonal-effects-2032086212053946369
China’s passenger vehicle retail sales fell 25.4% in February to 1.034 million units, hurt by seasonal factors and the end of NEV tax incentives. NEV retail sales dropped 32%, but exports stayed strong, with total vehicle exports up 56% and NEV exports up 124.7%.
Global EV sales fall again in February
Reuters – Alessandro Parodi – March 13, 2026, 1:06 AM GMT+1
https://www.reuters.com/sustainability/climate-energy/global-ev-sales-fall-again-february-2026-03-13/
Global EV registrations fell 11% in February, the second straight monthly drop, mainly due to China’s 32% slump and North America’s 35% decline after policy support weakened. Europe still grew 21%, while other regions jumped 78% on Chinese brands’ overseas expansion.
Trump administration sues California over zero emission vehicle, greenhouse gas rules
Reuters News – March 12, 2026, 06:45 PM EDT
https://www.autonews.com/news/an-trump-sues-california-ev-rules-0312/
The Trump administration sued California to block its zero-emission vehicle and greenhouse-gas rules, arguing federal law overrides them. The case targets mandates still in force after California’s 2035 gasoline-car phaseout plan was overturned, and fits Washington’s broader effort to curb state emissions authority.
Francois Roudier
March 11, 2026
Volkswagen faces tough test – cash stable, profits under pressure
Automobilwoche – Micha Gebhardt – March 10, 2026, 2:14 PM
https://www.automobilwoche.de/autohersteller/volkswagen/amw-analyse-volkswagen-finanzzahlen-2025/
Volkswagen’s results show resilience but heavy strain: sales held near €322 billion, profit halved to €8.9 billion, and margins remain too weak for its transformation. Cash flow discipline improved, core brands progressed unevenly, and 2026 guidance stays cautious while waiting for stronger contributions from 2027.
3 Chinese automakers push to enter Canada in 2026; 15 more could follow
Automotive News – David Kennedy – March 10, 2026, 08:29 AM EDT
https://www.autonews.com/ev/anc-chinese-automakers-byd-chery-geely-eye-canada-2026-0309/
BYD, Chery and Geely are preparing Canadian entries by late 2026, helped by the January trade reset and new EV quota access. Homologation remains difficult, but analysts expect 15 to 20 Chinese brands eventually to use Canada as a North American bridgehead.
CATL scores robust YoY growth in 2025 revenue, net profit
Gasgoo – March 10, 2026, 21:27 BJT
https://autonews.gasgoo.com/articles/news/catl-scores-robust-yoy-growth-in-2025-revenue-net-profit-2031360974844448769
CATL reported strong 2025 growth, with revenue up 17% to 423.7 billion yuan and net profit up 42% to 72.2 billion. Cash flow, dividends, R&D and capacity all increased, while CATL retained global leadership in EV and energy-storage batteries.
Qualcomm, Wayve partner to accelerate AI-powered self-driving system rollout
Reuters – March 10, 2026, 2:05 PM GMT+1
https://www.reuters.com/technology/qualcomm-wayve-partner-accelerate-ai-powered-self-driving-system-rollout-2026-03-10/
Qualcomm and Wayve will combine Snapdragon Ride hardware, safety software and Wayve’s AI Driver to give automakers a single scalable platform for ADAS and automated driving. The partnership aims to simplify integration, speed deployment and expand features over time through software updates.
Iran war forces Japanese suppliers to turn to Russian aluminum producer Rusal
Bloomberg – March 10, 2026, 08:46 AM EDT
https://www.autonews.com/manufacturing/suppliers/an-japan-korea-automakers-rusal-aluminum-talks-0310/
Middle East war disruption is pushing Japanese and some Korean suppliers to discuss buying primary foundry alloy from Russia’s Rusal, despite previous reluctance. Hormuz-related supply shocks, force majeure and delayed loadings have tightened aluminum markets, lifting prices and forcing difficult commercial and geopolitical choices.
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