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OICA'S TOP 5 NEWS

Francois Roudier
March 19, 2026
Chery posts record 2025 results as EV surge and global push fuel growth
Gasgoo – 18 March 2026
Chery delivered record 2025 results, with sales up 14.6% to 2.63 million vehicles and NEV sales up 72.5%. Revenue reached $43.5 billion and net profit $2.83 billion. Exports rose 33.2%, confirming electrification and overseas expansion as core growth drivers.
https://autonews.gasgoo.com/articles/news/chery-automobile-posts-strong-2025-results-as-ev-surge-and-global-push-fuel-growth-2034270691824656385
Gasoline price hike from Iran war could push consumers toward EVs, hybrids
Reuters – Nick Carey and Valerie Volcovici – 18 March 2026
Fuel prices have risen sharply since late February because of the Iran war and Strait of Hormuz disruption. Analysts say sustained increases could boost EV and hybrid demand, especially in Europe, while in the U.S. higher fuel costs may instead weigh on total vehicle sales.
https://www.reuters.com/business/energy/gasoline-price-hike-iran-war-could-push-consumers-toward-evs-hybrids-2026-03-18/
Design debut: With the i3, BMW sets a new record for electric range
Automobilwoche – Frank Volk – 18 March 2026
BMW unveiled the new electric i3 sedan as a flagship for its Neue Klasse era. The top i3 50 xDrive offers 469 hp, up to 900 km WLTP range and 400 kW charging, underlining BMW’s ambition to redefine the electric 3 Series.
https://www.automobilwoche.de/autohersteller/bmw/amw-designpremiere-bmw-i3-900-kilometer-reichweite/
Geely Eyes Canadian Auto Market After Deal Allowing Chinese EVs
Bloomberg – Linda Lew – 18 March 2026
Geely is preparing a possible entry into Canada after Ottawa opened limited access for Chinese EVs. The group expects certification for Geely-branded models and is also assessing expansion in Brazil, Eastern Europe and Southeast Asia, with localization considered alongside exports.
https://www.bloomberg.com/news/articles/2026-03-18/geely-eyes-canadian-auto-market-after-deal-allowing-chinese-evs?srnd=phx-industries-transportation
Great Wall Motor eyes plant options in South Africa
Reuters – Nqobile Dludla – 18 March 2026
Great Wall Motor is exploring local production in South Africa through contract assembly or plant acquisition to reduce reliance on Chinese imports. It has held talks with Mercedes-Benz and Nissan, while also studying export-oriented local production opportunities for future models.
https://www.reuters.com/world/asia-pacific/great-wall-motor-eyes-plant-options-south-africa-2026-03-18/

Francois Roudier
March 18, 2026
China’s EV battery makers widen lead to over 70% global share
Nikkei – SHIZUKA TANABE and NAMI MATSUURA – March 18, 2026, 05:22 JST
Chinese battery makers exceeded 70% of global installed EV battery capacity in 2025, led by CATL at 39.2%. South Korean rivals lost ground amid U.S. EV weakness, while Chinese groups expanded abroad, especially in Europe and Southeast Asia.
https://asia.nikkei.com/business/automobiles/electric-vehicles/china-s-ev-battery-makers-widen-lead-to-over-70-global-share
Geely Profit Beats Estimates as Sales Approach Those of BYD
Bloomberg – Linda Lew and Charlotte Yang – March 18, 2026, at 7:06 AM GMT+1
Geely posted record 2025 earnings above estimates, with revenue up 25% and vehicle sales nearing 3 million units. Restructuring and strong domestic demand lifted results, but exports stayed weak. BYD still leads on scale, revenue and profitability.
https://www.bloomberg.com/news/articles/2026-03-18/geely-profit-beats-estimates-as-sales-approach-those-of-byd?srnd=phx-industries-transportation
Tariffs force VW to rethink decades-old North American strateg
Automotive News – William Boston – March 17, 2026, 05:52 AM EDT
U.S. tariffs on Mexican-made vehicles are undermining Volkswagen’s long-standing North American model. With exports from Mexico no longer economically viable at current tariff levels, VW faces rising costs, weak U.S. market share and pressure to rethink cross-border manufacturing while seeking a negotiated solution.
https://www.autonews.com/volkswagen/ane-vw-tariffs-rethink-north-america-strategy-0317/
Suzuki bets on India’s car market, but will its suppliers follow?
Nikkei – ITSUKI MIYAKE – March 18, 2026, 03:43 JST
Suzuki is urging Japanese suppliers to expand into India to support higher-quality, higher-priced vehicles, but many smaller firms fear uncertain returns. As India becomes a core production base, supplier reluctance could limit Suzuki’s quality gains and ambitious growth plans.
https://asia.nikkei.com/business/automobiles/suzuki-bets-on-india-s-car-market-but-will-its-suppliers-follow
South Africa’s Motor City Is Buckling Under a Tide of Asian Imports
Bloomberg – Alexander Parker and Matthew Hill – March 18, 2026, at 6:00 AM GMT+1
South Africa’s auto industry is under heavy pressure from cheaper Asian imports, rising domestic costs and weak infrastructure. Automakers, unions and investors are urging urgent reforms, warning that without government action, further closures, lost investment and job cuts are likely.
https://www.bloomberg.com/news/features/2026-03-18/south-african-carmakers-struggle-to-compete-with-chinese-rivals?srnd=phx-industries-transportation

Francois Roudier
March 17, 2026
Trump tariffs have cost automakers at least $35 billion since 2025
Automotive News – John Irwin – March 16, 2026, 07:00 AM EDT
U.S. tariffs have cost automakers at least $35.4 billion since 2025. Toyota faces the biggest projected hit, while many major manufacturers exceed $1 billion each. Alongside EV restructuring costs, tariffs are squeezing margins, lifting prices, reducing imports and clouding investment plans.
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Debate over the phase-out of internal combustion engines: All eyes are on Germany’s position
Automobilwoche – Hans Evert – March 16, 2026, 8:07 AM
The EU Automotive Package has become a political stress test, especially in Germany. Industry groups want more flexibility on CO₂ rules, corporate-fleet quotas, green steel and e-fuels, while divisions inside Berlin’s coalition could lead to abstention and heavily influence the Brussels debate.
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Leapmotor Expands Stellantis Alliance, Posts First Profit
Bloomberg – Rachel Yeo – March 17, 2026, at 4:05 AM GMT+1
Leapmotor posted its first annual profit in 2025 as revenue doubled and deliveries neared 600,000 vehicles. It is deepening cooperation with Stellantis to expand globally, localize in Europe, manage regulatory barriers and support a bold target of 1 million sales in 2026.
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VinFast losses widen to $3.9bn even as EV sales double
Nikkei – LIEN HOANG – March 16, 2026, 23:53 JST
VinFast doubled EV sales in 2025 but its net loss widened to $3.87 billion as costs surged and the delayed U.S. factory triggered impairment charges. Backed by Vingroup, it now targets breakeven, 300,000 EV sales in 2026 and broader regional expansion.
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Renault will be early adopter of humanoid factory robots with 2027 rollout
Automotive News Europe – Peter Sigal – March 16, 2026, 03:50 PM EDT
Renault plans to deploy 350 humanoid robots in 2027 to handle repetitive factory tasks and cut production hours per vehicle by 30%. Developed with Wandercraft, the robots will first lift heavy parts, with broader capabilities expected as software and AI improve.
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