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 .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.
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