Date: 28th April,2026

Speaking during the launch of OICA’s Global Automobile Industry’s Annual Sales Data at the sidelines of the Beijing Motor Show, Mr Shailesh Chandra, President, OICA and President, SIAM and Managing Director & CEO, Tata Motors Passenger Vehicles Ltd. said :

“Global Automotive industry is being reshaped by technological change, geopolitical pressures and diverging public policies. 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.

Automotive Sector globally is also investing massively in cleaner technologies, digital innovation and safety, while adapting to highly diverse consumer expectations and regulatory pathways across regions.

In 2025, Global Automobile Production of Passenger Vehicles, Trucks and Buses, rose from 92.7 million units in 2024, to 96.4 million units in 2025, with an increase of 3.9%, while Global Vehicle Sales increased, from 95.3 million units in 2024, to 99.8 million units in 2025, posting a growth of 4.7%.

Though there is a growth Globally, but importantly the growth is distributed. Some regions witnessed growth while others declined. Production in Asia-Oceania grew by 7.6%, while Europe and The Americas declined by (-) 0.8% and (-) 2.1%, respectively, in 2025, compared to 2024. Production in Africa was broadly stable with slight decline of (-) 0.3%.”