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OICA'S TOP 5 NEWS
Francois Roudier
October 28, 2026
India’s Tata Is Now the Owner of Iveco
Tata Motors secured control of Iveco after its €3.4 billion offer reached 87.81% acceptance. The deal creates a commercial-vehicle group selling over 540,000 vehicles annually, while Iveco’s defense business will be sold separately to Leonardo.
https://www.autoactu.com/actualites/l-indien-tata-desormais-proprietaire-d-iveco
Mercedes Cuts Profit Forecast for 2026
Mercedes-Benz cut its 2026 passenger-car margin forecast to 2%–3% as Chinese sales, particularly luxury models, declined sharply and material costs rose. Group EBIT should remain broadly flat, although vans and financial services retain their existing targets.
https://www.automobilwoche.de/autohersteller/mercedes-benz/amw-mercedes-kappt-gewinnprognose-2026/
Maruti Plans More Price Hikes as Profit Drops 27% on High Costs
Maruti Suzuki’s quarterly profit fell 27% as raw-material costs surged and lower-priced models reduced margins. Despite strong volume growth and a 40.8% market share, further price increases are planned amid inflation, currency pressure and uncertain rural
demand.
https://www.bloomberg.com/news/articles/2026-10-27/maruti-suzuki-profit-misses-estimate-as-costs-squeeze-margins?srnd=phx-industries-transportation
Japan’s EV subsidies face uncertain future as country’s ‘DOGE’ takes aim
Japan will reduce EV subsidies from January as fiscal authorities seek deeper spending cuts. Industry officials argue support remains necessary because EVs represent only about 5% of sales, while critics want a clearer exit strategy and less market distortion.
https://asia.nikkei.com/business/automobiles/electric-vehicles/japan-s-ev-subsidies-face-uncertain-future-as-country-s-doge-takes-aim
Electric vehicles are banking on the gradual adoption of 800-volt architecture to increase their versatility
Automakers are gradually adopting 800-volt EV systems to enable faster charging, lighter cables and greater efficiency. Chinese brands lead deployment, while Renault plans broader use from 2028. Higher costs and limited 350-kW charging infrastructure will slow
adoption.
https://www.auto-infos.fr/article/le-vehicule-electrique-mise-sur-une-generalisation-progressive-de-l-architecture-800-volts-pour-accroitre-sa-polyvalence.294142
Francois Roudier
October 27, 2026
2026 WICV: Intelligent Connected Vehicles Enter the “Era of Regulations”
China is accelerating ICV standards across vehicles, communications and infrastructure. With Level 2 systems in 70% of new cars, it targets 140 standards by 2030 and 200 by 2035, strengthening lifecycle governance and influence over global automated-driving
rules.
https://auto.gasgoo.com/news/202610/27I70475985C601.shtml?utm_source=chatgpt.com
US, Canada working on deal to ease steel, auto tariffs
The U.S. and Canada are discussing limited relief from Section 232 tariffs on steel and autos, potentially before November 3. A deal could lower cross-border costs for integrated supply chains, though early measures may cover only selected tariffs.
https://www.reuters.com/world/us-canada-working-deal-ease-steel-auto-tariffs-sources-say-2026-10-26/
Volkswagen considers using Chinese software for Europe
Volkswagen may use its Xpeng-developed China Electronic Architecture in future European mass-market models, potentially reducing Rivian’s role. The proposal reflects Cariad’s difficulties and Volkswagen’s search for faster, scalable software across Volkswagen,
Škoda and Cupra.
https://www.reuters.com/business/autos-transportation/volkswagen-considers-using-chinese-software-europe-report-says-2026-10-26/
Japan’s Subaru to go EV-only in Europe by 2028
Subaru plans to become EV-only in Europe by 2028, ending gasoline sales as Euro 7 and tighter CO₂ rules raise compliance costs. Europe represents under 3% of Subaru’s volume, making continued investment in low-volume combustion models difficult.
https://asia.nikkei.com/business/automobiles/japan-s-subaru-to-go-ev-only-in-europe-by-2028
How Rimac beat Chinese, bigger suppliers to become BMW battery partner
Rimac secured BMW battery business by committing early to dedicated production capacity. It now builds 48,000 systems annually for the i7 and is developing two more BMW programs, demonstrating a young European supplier can compete with larger Chinese rivals.
https://www.autonews.com/manufacturing/automakers/ane-rimac-bmw-battery-win-tops-chinese-1026/
Francois Roudier
October 26, 2026
Audi defends decision to stand by Trump on $4 billion US factory in Georgia
Audi defended its planned $4 billion Georgia plant, which could produce 200,000 SUVs and create 4,500 jobs while reducing tariff exposure. German labor representatives support U.S. expansion but demand safeguards for domestic employment and value creation.
https://www.reuters.com/business/autos-transportation/trump-set-announce-plan-by-audi-build-us-factory-georgia-source-says-2026-10-24/
Chinese Carmakers Overtake Japan in Europe for First Time
Chinese brands reached 12.7% of Europe’s market in September, surpassing Japanese manufacturers at 11.9%. Electrified vehicles, UK growth and weaker Chinese domestic demand are driving expansion, while local European production could reduce tariff exposure.
https://www.bloomberg.com/news/articles/2026-10-26/chinese-carmakers-overtake-japan-europe-byd-chery-toyota-nissan
Policy U-turn could stall Britain’s take-up of electric vehicles
The UK is considering weakening its 2030 EV mandate despite rising sales, high owner satisfaction and lower running costs. Critics warn a reduced target would increase emissions, fuel expenses and policy uncertainty while benefiting manufacturers slow to electrify.
https://www.theguardian.com/environment/2026/oct/25/policy-u-turn-uk-electric-vehicles
EU weighs mirroring Donald Trump in securing critical minerals
EU lawmakers propose a Critical Raw Materials Centre able to invest in mining, processing and recycling, build stockpiles and monitor supplies. The €2 billion initiative aims to reduce dependence on China but requires additional financing and member-state approval.
https://www.ft.com/content/cfb2e934-0000-42e6-93a4-4dffa56f11a8?syn-25a6b1a6=1
Pressed by Chinese EVs in Southeast Asia, Mitsubishi Motors makes risky pivot
Mitsubishi is shifting attention from Southeast Asia toward Japan, the U.S. and Oceania as Chinese competition grows. Its strategy relies on partner-built vehicles, but limited market share, smaller dealer networks and shareholder uncertainty make the transition
risky.
https://asia.nikkei.com/business/automobiles/pressed-by-chinese-evs-in-southeast-asia-mitsubishi-motors-makes-risky-pivot
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François Roudier & Jan Bakker at IAA Transportation 2026
Hear from Jan Bakker, Partner at Deloitte, and François Roudier, Secretary General at OICA (Organisation Internationale des Constructeurs Automobiles), as they discuss the uncertainties, opportunities, and strategic decisions that will define the road to 2030.
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