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OICA'S TOP 5 NEWS
Francois Roudier
July 9, 2026
Tata Group targets doubling automotive revenue to $100 billion in five years
Tata Group aims to double automotive revenue to $100 billion within five years, led by JLR, commercial vehicles, passenger vehicles and AutoComp. It targets stronger EV leadership, new products, localized batteries and major investments, while managing execution, supply-chain and cybersecurity risks.
https://auto.economictimes.indiatimes.com/news/industry/tata-group-targets-doubling-automotive-revenue-to-100-billion-in-five-years/132275411?utm_source=top_story&utm_medium=homepage
Europe’s Car Industry Faces Dramatic Crisis, VDA Says
VDA President Hildegard Müller says Europe’s auto industry faces a dramatic competitiveness crisis, requiring restructuring, job cuts and possible plant closures. She cites Chinese competition, high energy and labor costs, bureaucracy and the need to preserve jobs through realistic industrial adaptation.
https://www.bloomberg.com/news/articles/2026-07-08/europe-s-car-industry-faces-dramatic-crisis-german-lobby-says
Mitsubishi Motors to push off-road vehicles in Japan via boutique showrooms
Mitsubishi will revive the Pajero and focus on high-value off-road and electrified vehicles, supported by boutique Japanese showrooms from 2027. The strategy targets wealthier lifestyle customers and stronger domestic sales as Southeast Asian profits weaken.
https://asia.nikkei.com/business/automobiles/mitsubishi-motors-to-push-off-road-vehicles-in-japan-via-boutique-showrooms
USMCA review puts North American auto industry, investment in limbo
USMCA remains in force after missing the July 1 renewal deadline, but annual reviews create long-term uncertainty for North American automakers and suppliers. Canadian groups warn unresolved U.S. tariffs are weakening competitiveness, investment planning and integrated supply chains.
https://www.autonews.com/manufacturing/anc-usmca-annual-reviews-auto-industry-uncertainty/
Companies must address self-driving car interference with emergency vehicles, U.S. says
NHTSA warned autonomous-vehicle companies to fix repeated failures around emergency scenes, including blocking responders or misreading lights, cones, smoke and fire. The agency says safe interaction with first responders is essential before wider driverless deployment.
https://www.reuters.com/world/us/companies-must-address-self-driving-car-interference-with-emergency-vehicles-us-2026-07-08/
Francois Roudier
July 8, 2026
Brazil’s 2026 auto sales seen at highest since 2014
Brazil’s 2026 auto sales are expected to reach around 3 million vehicles, the highest since 2014. Anfavea raised forecasts on strong domestic demand, though imports, especially from China, are capturing much of the recovery.
https://www.reuters.com/business/autos-transportation/brazils-2026-auto-sales-seen-highest-since-2014-auto-association-says-2026-07-07/
Toyota to Shift Tacoma Truck Production to Texas From Mexico
Toyota will shift part of Tacoma production from Mexico to Texas through a $3.6 billion expansion, adding capacity and jobs. The move reduces tariff exposure and reflects growing uncertainty around USMCA and North American trade rules.
https://www.bloomberg.com/news/articles/2026-07-06/toyota-to-shift-production-of-truck-from-mexico-plant-to-texas
Leapmotor enters Mexico through Stellantis network, targeting North America
Leapmotor has entered Mexico using Stellantis’ dealership and service network, launching the B10 electric crossover. The move marks its North American expansion and shows how Chinese EV makers use global partners to accelerate overseas growth.
https://www.autonews.com/china/an-leapmotor-enters-mexico-china-stellantis-b10-ev-electric-vehicles-0707/
Seven-Brand Strategy: How Chery Plans to Grow in Europe
Chery plans to expand in Europe with seven brands and 21 SUV models by 2028, after rapid sales growth in 2026. The strategy uses shared platforms and strong PHEV demand, but faces risks from complexity, tariffs and local production gaps.
https://www.automobilwoche.de/autohersteller/chery/amw-sieben-marken-strategie-so-will-chery-in-europa-wachsen/
Toyota-backed Chinese self-driving unicorn Momenta hits Hong Kong market
Toyota-backed Momenta listed in Hong Kong after raising at least $751 million, supported by strong demand. The autonomous-driving supplier serves major automakers and combines ADAS revenues with robotaxi ambitions, but heavy R&D spending keeps profitability under pressure.
https://asia.nikkei.com/business/markets/ipo/toyota-backed-chinese-self-driving-unicorn-momenta-hits-hong-kong-market
Francois Roudier
July 6, 2026
“The European auto industry is fighting for its survival, but Renault is ready”: CEO François Provost
Renault CEO François Provost says FutuREady will combine growth, cost discipline and European sovereignty, backed by €13 billion in French investment. He wants a 10-year regulatory freeze, flexible electrification rules and strong EU local-content requirements while keeping control of Renault technologies.
https://www.lesechos.fr/industrie-services/automobile/lindustrie-automobile-europeenne-joue-sa-survie-mais-renault-est-pret-francois-provost-devoile-son-plan-de-bataille-aux-echos-2240848
German Auto Market in June: Tesla and BYD Show Particularly Strong Growth
Germany’s car market rose 15.7% in June, helped by extra working days and a 78% EV surge. Tesla, BYD and Chinese brands grew sharply, while German EV sales slipped and the VDA warned of bureaucracy, high energy costs and competitiveness losses.
https://www.automobilwoche.de/automarktdaten/amw-deutscher-automarkt-im-juni-tesla-und-byd-wachsen-stark/
The unstoppable rise of China-made cars in Europe: 5 things to know
Chinese brands continue gaining in Europe despite BEV tariffs, reaching record market share and overtaking Japanese rivals in May. They are shifting toward PHEVs and ICE models while accelerating local production, exposing Europe’s deeper problems of demand, overcapacity and competitiveness.
https://asia.nikkei.com/business/automobiles/the-unstoppable-rise-of-china-made-cars-in-europe-5-things-to-know
China’s Chery takes over former Nissan car factory in South Africa
Chery has taken over Nissan’s Rosslyn plant in South Africa, aiming to create an African production and export hub. Production starts in mid-2027, with jobs preserved, local content targeted and SUVs including Jetour, Jaecoo and Tiggo models planned.
https://www.reuters.com/world/asia-pacific/chinas-chery-takes-over-former-nissan-car-factory-south-africa-2026-07-03/
Converting car plants to make military drones will fail, warns Japan defense titan
Mitsubishi Heavy Industries CEO Eisaku Ito warns that converting auto plants into drone factories would waste money because defense production needs flexible, low-volume adaptation. He says car plants are designed for standardized mass output, not rapidly evolving battlefield systems.
https://www.ft.com/content/31de8d91-4dd4-4dc0-a802-80dabd6ef9a2?syn-25a6b1a6=1
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