Auto industry news covering manufacturer announcements, supply chain updates, production numbers, recalls, and the business side of the automotive world.
Two radical Ioniq concepts unveiled at Auto China 2026 feature air-hug seats, transparent pillars, and autonomous sleep mode, engineered specifically for Chinese buyers as Hyundai attempts to recover market share lost to BYD and domestic rivals.
Tesla delivered 85,670 vehicles from its Shanghai factory in March 2026, up 8.7% year-over-year and 46.2% month-over-month, with Q1 2026 China deliveries running 23.5% above Q1 2025.
Strait of Hormuz disruptions have pushed oil toward $120 a barrel since the US-Iran conflict began February 28, 2026. AutoForecast Solutions projects 800,000 to 900,000 lost vehicle sales globally this year as consumer confidence and manufacturing costs both deteriorate.
BYD unveiled a battery that charges from 10 to 80 percent in under ten minutes, intensifying pressure on US and European automakers falling behind in EV tech.
Toyota held its position as the world's top-selling automaker in 2025, with strong hybrid demand in North America and Asia helping absorb rising tariff costs.
The seasonally adjusted annual sales rate held near 15.8 million units in March, suggesting consumer demand remains resilient despite economic headwinds.
A new industry analysis estimates that tariffs imposed since 2025 have cost global automakers over $35 billion in added costs, reshaping supply chains worldwide.
