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International Organization of Motor Vehicle Manufacturers

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OICA'S TOP 5 NEWS

Francois Roudier

July 1, 2026

UK SMMT warns of £1.4 billion hit from post-Brexit rules
The SMMT warns UK EV makers could face £1.4 billion in tariffs from January 2027 if UK-EU local-content rules are unresolved. A 10% tariff could affect 70% of electrified models, damaging competitiveness and affordability.
https://www.autonews.com/retail/sales/ane-uk-smmt-brexit-hit-content-rules-eu-0630/

Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminum
Ferrari and BMW are expanding aluminum wiring to cut weight and costs as copper prices rise. The shift, already used by Tesla and Chinese EV makers, could reduce wiring weight, improve range and affect up to 6% of copper demand by 2030.
https://www.reuters.com/business/autos-transportation/ferrari-bmw-join-tesla-china-switch-copper-cheaper-aluminium-2026-06-30/

Toyota to harmonize vehicle specs with AI, helping to speed production
Toyota will use AI to standardize vehicle-specification terminology across divisions, reducing 45,000 specialized terms to 5,000 common ones. The OMUSVI system aims to cut internal translation work, connect suppliers and shorten production lead times by 2028.
https://asia.nikkei.com/business/automobiles/toyota-to-harmonize-vehicle-specs-with-ai-helping-to-speed-production

Chinese carmakers’ hunger for chips boosts national self-reliance drive
Chinese automakers are accelerating in-house chip design to reduce reliance on foreign semiconductors. BYD, Nio, XPeng, SAIC and others are developing or sourcing domestic AI chips, aiming to lower costs, improve performance and limit geopolitical exposure.
https://www.ft.com/content/dc7b4dfb-b279-4740-ae71-862a9e267aa9?syn-25a6b1a6=1

The truck driver shortage has reached a record high worldwide, with 3 million job openings
The IRU warns the global truck driver shortage has become structural, with 2.9 million unfilled jobs across 18 countries. Ageing workforces, weak recruitment and poor working conditions are forcing carriers to reject contracts and seek coordinated public-private solutions.
https://www.trm24.fr/la-penurie-de-routiers-atteint-un-niveau-record-mondial-avec-3-millions-de-postes-vacants/

 

Francois Roudier

June 30, 2026

Why automakers want EU local-content plan softened to protect low-cost output
The EU’s proposed “Made in Europe” rules could hurt low-cost production in Morocco and Turkey. Automakers seek a softer fleet-based 70% local-content approach and clarity on whether close trade partners can count as “European.”
https://www.autonews.com/manufacturing/automakers/ane-eu-local-content-morocco-turkey-0626/

 

Tata Motors-Iveco revenue to be $35-40 billion in 5 years
Tata Motors expects its CV business plus Iveco to grow revenue from $25 billion to $35–40 billion within five years. The deal expands global reach, supports synergies in technology and distribution, and will be funded without equity dilution.
https://auto.economictimes.indiatimes.com/news/commercial-vehicle/tata-motors-iveco-revenue-to-be-35-40-billion-in-5-years-n-chandrasekaran/132082519?utm_source=top_story&utm_medium=homepage

 

Europe: AlixPartners Forecasts Chinese Brands to Account for 16% of the Market by 2030
AlixPartners expects Chinese brands to reach 16% of Europe’s light-vehicle market by 2030, while European brands lose share. Chinese growth will increasingly rely on local assembly, with EV adoption slower than earlier expectations.
https://www.autoactu.com/actualites/europe-alixpartners-voit-les-marques-chinoises-a-16-du-marche-en-2030

 

Why is Canada courting China? Just look at the Gordie Howe bridge fiasco
Canada’s Gordie Howe bridge dispute with the U.S. reflects worsening North American trade tensions. The article argues U.S. tariffs and reliability concerns are pushing Ottawa toward China, risking Canada’s auto base and U.S. automakers’ largest export market.
https://www.autonews.com/opinion/columns/anc-gordie-howe-bridge-china-motivation-column/

 

Uber and Waymo Have Ended Their Robotaxi Tie-Up in Phoenix; Uber to Announce New Partner
Uber and Waymo ended their limited Phoenix robotaxi partnership, with Waymo vehicles returning to its own fleet. Uber plans a new AV partner as it tries to position itself as a major aggregator across multiple robotaxi developers.
https://www.bloomberg.com/news/articles/2026-06-29/uber-waymo-have-ended-robotaxi-tie-up-in-phoenix-uber-to-announce-new-partner?srnd=phx-industries-transportation

 

Francois Roudier

June 29, 2026

U.S. new-vehicle sales ‘shrugging off’ $4 gas, but some big brands losing share to rivals
The U.S. market remains stable despite high fuel prices, inflation and affordability pressures, but shares are shifting. GM, Ford and Tesla may decline, while Toyota and Hyundai-Kia benefit from stronger hybrid portfolios and changing consumer demand.
https://www.autonews.com/retail/sales/an-retail-q2-us-sales-preview-0626/

 

China’s Geely to ship first Lotus EVs to Canada in July under Carney-Xi deal, ambassador says
Geely-owned Lotus will become the first Chinese-made EV brand to enter Canada under a reduced-tariff agreement. The move supports Canada’s trade diversification, but raises U.S. concerns that Chinese automakers could gain a North American foothold.
https://www.reuters.com/world/asia-pacific/chinas-geely-ship-first-lotus-evs-canada-july-under-carney-xi-deal-ambassador-2026-06-26/

 

Honda CEO Mibe says tie-up with Nissan ‘close to announcement’
Honda CEO Toshihiro Mibe says cooperation with Nissan is close to announcement, starting with standardized ECUs for software-defined vehicles. The project-by-project approach follows failed merger talks and aims to cut costs and strengthen competitiveness.
https://asia.nikkei.com/business/automobiles/honda-ceo-mibe-says-tie-up-with-nissan-close-to-announcement

 

Renault China adds software office to develop SDVs for global market
Renault has opened a Hangzhou office to strengthen software, AI and user-interaction development for global SDVs. The site complements Shanghai engineering work and reflects Renault’s effort to use China’s tech ecosystem to accelerate international vehicle programs.
https://www.autonews.com/renault/an-renault-china-electric-vehicle-ev-softeware-ai-tech-center-0626/

 

Volkswagen’s brutal jobs cull sparks prospect of sale of crown jewels
Volkswagen’s Everllence sale is overshadowed by reports of massive restructuring, including possible job cuts and plant closures. Further asset sales could fund transformation, but investors fear proceeds may be absorbed by restructuring rather than future competitiveness.
https://www.ft.com/content/95650ff3-44b1-4018-8ba4-5702304177e5?syn-25a6b1a6=1

 

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

Shailesh Chandra

President – SIAM

“As the global automotive industry transitions towards sustainable mobility and pursuits ‘Net Zero’, in alignment with the visions of Governments worldwide, the role of OICA becomes increasingly critical — to acknowledge the diversity of every region, as we collectively strive to make our vehicles more aspirational, safer, and environmentally friendly.”

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SMMT

Society of Motor Manufacturers and Traders Ltd.

US
EMA

Truck & Engine Manufacturers Association

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Israel Vehicle Importers Association

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Association of Indonesian Automotive Industries

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