Safer
Cleaner
Smarter
International Organization of Motor Vehicle Manufacturers
Upcoming event(s)
Latest News
Stay updated with our latest news
OICA'S TOP 5 NEWS
Francois Roudier
July 28, 2026
Porsche to Cut 5,000 Jobs and Invest 2.1 billion Euros
Porsche will invest €2.1 billion to secure Zuffenhausen and Weissach through 2035 while cutting 5,000 jobs voluntarily. Employees accept pay and working-condition concessions in exchange for site guarantees, investment and protection from compulsory redundancies.
https://www.automobilwoche.de/autohersteller/volkswagen/porsche/amw-porsche-baut-5000-jobs-ab-und-garantiert-standorte-bis-2035/
BYD Takes on Rivals in Japan with Its Own Electric Mini Car
BYD is launching the Racco electric kei car in Japan, offering at least 210 kilometres of range and competitive pricing. It targets Japan’s largest vehicle segment but faces dominant domestic brands, strong incentives for rivals and limited EV demand.
https://www.bloomberg.com/news/articles/2026-07-28/byd-takes-on-rivals-in-japan-with-its-own-electric-mini-car?srnd=phx-industries-transportation
CATL thrives while China’s EV makers squeezed by supply chain, weak market
CATL’s first-half profit rose 42% as battery demand, market share and cost pass-through strengthened. Chinese automakers face the opposite pressure, squeezed by rising battery and technology costs, weak sales and intense price competition.
https://asia.nikkei.com/business/automobiles/electric-vehicles/catl-thrives-while-china-s-ev-makers-squeezed-by-supply-chain-weak-market
Collaborate with Chinese EV makers or suffer, Thai auto firm CEO warns
Aapico’s CEO says Thai suppliers must partner with Chinese automakers to survive the EV transition. Chinese brands bring lower costs and advanced technology, but their expansion may weaken local suppliers and intensify pressure on established Japanese manufacturers.
https://asia.nikkei.com/spotlight/asean-money/collaborate-with-chinese-ev-makers-or-suffer-thai-auto-firm-ceo-warns
Uber’s Africa EV Pilot Pioneer Says Iran Conflict Drives Demand
Uber’s South African EV pilot is expanding as higher fuel prices improve electric-vehicle economics. Valternative operates 360 low-cost Chinese EVs and plans wider African expansion, but limited charging, import duties and restricted driving range remain major obstacles.
https://www.bloomberg.com/news/articles/2026-07-27/uber-africa-ev-pilot-valternative-pioneer-durban-iran-conflict-drives-demand?srnd=phx-industries-transportation
Francois Roudier
July 27, 2026
Volkswagen Makes Its Corporate Restructuring Measurable
Volkswagen’s first-half profits fell sharply despite stable revenue, hit by tariffs and China weakness. The group is cutting jobs, overheads, models and capacity, targeting €37 billion in administrative costs and annual production capacity of 9 million vehicles by 2030.
https://www.automobilwoche.de/autohersteller/volkswagen/amw-analyse-volkswagen-macht-den-konzernumbau-messbar/
Carmakers are the rare example of tariffs as the least bad option
Trade barriers are helping U.S. automakers preserve profits while European rivals face stronger Chinese competition. Protectionism risks higher prices and slower innovation, but gives American groups time and financial strength to prepare, partner with suppliers and avoid costly EV investment failures.
https://www.ft.com/content/a39adcc1-44fb-40e0-92b9-30d769f8e4ca?syn-25a6b1a6=1
Mitsubishi Motors to pour $470m into Thailand for electrified vehicles
Mitsubishi will invest $470 million in Thailand by 2030 to produce and export electrified Pajero SUVs and pickups. The investment reinforces Thailand’s EV manufacturing ambitions as Japanese automakers face increasing competition from Chinese brands.
https://asia.nikkei.com/business/automobiles/mitsubishi-motors-to-pour-470m-into-thailand-for-electrified-vehicles
US NHTSA rejects petition seeking Tesla door-release defect probe
NHTSA rejected a petition seeking an investigation into Tesla Model 3 emergency door releases, finding insufficient evidence of a defect. However, the agency will consider broader rules governing emergency vehicle exits during electrical power failures.
https://www.reuters.com/legal/litigation/us-auto-safety-regulator-denies-petition-seeking-tesla-door-release-defect-probe-2026-07-24/
France opposes EU approval of Tesla’s FSD driver-assistance software
France opposes EU-wide approval of Tesla’s Full Self-Driving system in its current form, citing speeding and driver-attention concerns. Paris remains open to technical discussions but wants stronger safety assurances before supporting deployment across Europe.
https://www.autonews.com/technology/ane-france-opposes-eu-fsd-approval-0724/
Francois Roudier
July 24, 2026
Renault’s hit EV helps fend off Chinese rivals as quarterly sales rebound
Renault’s second-quarter sales rose 2.3%, supported by the R5 EV and recovering commercial vehicles. The group is prioritizing profitability, retail customers and residual values over discount-driven volume, while Dacia’s limited electric lineup remains a weakness.
https://www.reuters.com/business/autos-transportation/renault-first-half-sales-volumes-slip-04-vs-year-ago-period-2026-07-23/
Hyundai Motor misses Q2 forecast, keeps outlook as it plans new model launches
Hyundai’s operating profit fell 21% as weaker sales, supply disruption and higher costs outweighed revenue growth. The company maintained its outlook, relying on increased production, new models and investment in software, autonomous driving and robotics.
https://www.reuters.com/business/media-telecom/hyundai-motor-reports-21-drop-q2-operating-profit-misses-forecasts-2026-07-23/
Italy: Social Car Rental Program Launches; Monthly Fee Set at 100 Euros
Italy launched social leasing for lower-income households, offering low-emission cars for up to €100 monthly through 2030. Applicants must scrap an older vehicle, while the broader support package mainly targets automotive industrial investment.
https://www.ilsole24ore.com/art/automotive-parte-noleggio-sociale-previsto-canone-100-euro-mese-AJTO4NT
Thailand works on $700 million EV plan to replace 80,000 vehicles
Thailand is considering a $714 million program to replace up to 80,000 older vehicles with EVs. Industry groups want incentives tied to local production and content to support employment, suppliers and the country’s weakened automotive industry.
https://www.reuters.com/world/asia-pacific/thailand-works-on-700-million-ev-plan-replace-80000-vehicles-2026-07-23/
European automakers can use AI to beat China — what the reset opportunity means
European automakers could regain competitiveness by using AI to reduce engineering costs and development times. Experts recommend dedicated competence centers and workforce training, with AI potentially handling most vehicle-development tasks by 2030.
https://www.autonews.com/technology/ane-ai-europe-could-catch-china-0723/
Founded in Paris in 1919
About OICA
OICA represent the global auto industry that drives economic progress.
Through our autos, we connect people, products and services to enhance quality of life and sustainable automobility. We are committed to technological innovation in the areas of safety, environnement, fuel efficiency, and we seek global harmonization of safety and environmental standards to benefit all countries.
A word from the president
President – SIAM
Featured Members
Discover OICA Members worldwide
Our Members
Join a global network of automotive organizations
Explore Industry Topics
Learn more about the automotive world
OICA Press Conference
- April 23, 3 PM (UTC+8)
As part of the Beijing Auto Show 2026 organized by CAAM, OICA streamed the conferences live on April 23 at 3:00 PM (UTC+8).
To watch the live broadcast in replay, please visit the dedicated page by clicking the button below.
Frequently Asked Questions
Discover useful information and helpful answers here
Be a vehicles Manufacturer or/and Importer association and contact us at oica@oica.net
Click on UNECE section to get the information.
Free for non-commercial use and members but please contact us for commercial use.
Every quarter and once a year.
Yes. Please read the definitions.
Contact us to get all the information about the organizers.
Get in Touch
Share your question or request, and our team will be in touch shortly.