Global auto industry facing demanding environment: OICA President
The global automotive industry is facing a demanding environment due to factors such as uncertainty linked to trade tensions, supply chains and energy prices, according to International Organisation of Motor Vehicle Manufacturers (OICA) President Shailesh Chandra.
Speaking at the launch of OICA’s Global Automobile Industry’s annual sales data at the sidelines of the Beijing Motor Show, he said technological change, geopolitical pressures and diverging public policies are reshaping the global automotive industry.
Although there is growth in the automotive industry globally, it is distributed with some regions witnessing growth while others declined, Chandra, who is also the President of Society of Indian Automobile Manufacturers (SIAM) and Managing Director & CEO, Tata Motors Passenger Vehicles Ltd, said. In 2025, global automobile production of passenger vehicles, trucks and buses rose to 9.64 crore units from 9.27 crore units in 2024, an increase of 3.9 per cent, he said.
On the other hand, global vehicle sales increased to 9.98 crore units in 2025 from 9.53 crore units in 2024, posting a growth of 4.7 per cent, Chandra said.
“The industry remains resilient, but the environment has become far more demanding. Manufacturers are managing slower growth in some markets, fiercer competition in others, and continued uncertainty linked to trade tensions, supply chains, affordability, energy prices and the pace of electrification,” Chandra said.
