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OICA'S TOP 5 NEWS
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
Francois Roudier
July 3, 2026
Tesla Vehicle Sales Jump 25%, Far Exceeding Estimates
Tesla delivered 480,126 vehicles in Q2, up 25% and far above expectations, helped by China and Europe. But shares fell, BYD regained the BEV lead, and investors remain focused on AI, robotaxis, robotics and energy storage.
https://www.bloomberg.com/news/articles/2026-07-02/tesla-vehicle-sales-climb-25-far-exceeding-analyst-estimates
Cost-Cutting Pressure at Mercedes – Key Model Moves to Hungary
Mercedes will build its upcoming compact G-Class in Hungary, reflecting cost pressure and a shift toward lower-cost European production. Kecskemét is becoming a major hub as Mercedes targets lower costs amid tariffs, Chinese competition and German labour tensions.
https://www.automobilwoche.de/autohersteller/mercedes-benz/amw-kleine-g-klasse-wird-in-kecskemet-gefertigt/
Chinese automakers overtake Japanese rivals in Europe despite EV tariffs
Chinese automakers overtook Japanese brands in Europe for the first time in May, driven by BYD, PHEVs and cost advantages despite EV tariffs. Japanese brands suffered from weaker EV lineups, while Chinese groups accelerate local production plans.
https://asia.nikkei.com/business/automobiles/chinese-automakers-overtake-japanese-rivals-in-europe-despite-ev-tariffs
Hydrogen combustion engines emerge as cheap alternative to fuel cells
Hydrogen combustion engines are gaining attention as cheaper, adaptable alternatives to fuel cells for high-power mobility. Kawasaki, Toyota, Mitsubishi Fuso and Tata are exploring applications, though high hydrogen costs, weak infrastructure and improving batteries remain major obstacles.
https://asia.nikkei.com/business/energy/hydrogen-combustion-engines-emerge-as-cheap-alternative-to-fuel-cells
What separates AI-defined vehicles from software-defined vehicles — and why legacy automakers face challenges
AI-defined vehicles build on software-defined platforms by adding learning, prediction and adaptive decision-making. Rivian and Chinese automakers are moving ahead, while legacy manufacturers still struggle with SDV foundations, software culture, architectures, data management and AI readiness.
https://www.autonews.com/technology/ane-sdv-aidv-ai-rivian-software-0626/
Francois Roudier
July 2, 2026
ACEA urges EU to include UK, Turkey, Morocco in local-content rules
ACEA backs EU local-content goals but warns the draft could disrupt established supply chains. It wants the UK treated as European, Turkey and Morocco investments protected, and the 70% content rule applied more flexibly.
https://www.autonews.com/manufacturing/automakers/ane-acea-local-content-0701/
Maruti stays on top, Tata edges past Mahindra in India June passenger vehicle sales race
India’s passenger-vehicle market grew strongly in June, led by Maruti, while Tata overtook Mahindra for second place. Demand was supported by launches, CNG, EVs, hybrids and exports, though competition, geopolitics and price increases remain risks.
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/maruti-stays-on-top-tata-edges-past-mahindra-in-june-pv-sales-race/132115874?utm_source=top_story&utm_medium=homepage
Toyota to partly cover supplier losses after halting EV development
Toyota may compensate suppliers after cancelling the advanced Lexus LF-ZC EV, which involved gigacasting and major supplier investment. The move reflects a more profit-focused strategy under new leadership, while some technologies may transfer to future models.
https://asia.nikkei.com/business/automobiles/toyota-to-partly-cover-supplier-losses-after-halting-ev-development
Nissan CEO Insists Alliance with Renault Has Never Been Better
Nissan CEO Ivan Espinosa says Renault’s abstention on a board appointment does not signal alliance tension. He argues cooperation is stronger than ever, while Nissan restructures plants, cuts jobs and pursues project-based collaboration with Honda and Mitsubishi.
https://www.bloomberg.com/news/articles/2026-07-02/nissan-ceo-insists-alliance-with-renault-has-never-been-better
Wayve courts automakers with AI driving system that learns like humans
Wayve is gaining automaker interest with end-to-end AI driving technology that can adapt across vehicles, sensors and markets. Backed by Nvidia, Mercedes-Benz and Nissan, it promises faster deployment but faces safety-validation concerns over its “black box” approach.
https://www.reuters.com/technology/wayve-courts-automakers-with-ai-driving-system-that-learns-like-humans-2026-07-01/
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