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REAL-TIME GLOBAL RESEARCH

Global Autos Driver: Global Autos Newsflow & Research

Published: 2026-10-16Institution: JPMorganPages: 8Original language: English

Key takeaways

  • France and Germany have reached a provisional deal to preserve the European car industry, with France accepting further CO2 emissions concessions for 2035 and Germany accepting stricter EU-preference rules covering EU27
  • Beijing has agreed to limit hybrid car exports to the EU, with the EU proposing a cap of 350,000 cars per year, though China has yet to confirm the figure.
  • Porsche has unveiled the Mission S concept, a supercar to sit above the 911, targeting Ferrari's market segment.

Figures are read from the report's first page; the summary is built from the report's own key-takeaway sentences. No model-generated text.

Research evidence excerpt

France and Germany have reached a provisional deal to preserve the European car industry, with France accepting further CO2 emissions concessions for 2035 and Germany accepting stricter EU-preference rules covering EU27 and close partners like the UK and Norway, diplomatic sources say.

Beijing has agreed to limit hybrid car exports to the EU, with the EU proposing a cap of 350,000 cars per year, though China has yet to confirm the figure.

Porsche has unveiled the Mission S concept, a supercar to sit above the 911, targeting Ferrari's market segment. CEO Michael Leiters is positioning the model as part of a sustained production push, not a limited-run hypercar, to revive profit margins.

Tesla unveiled its long-delayed new Roadster sports car on Thursday in Texas, reviving a model it discontinued more than a decade ago. The reveal featured a flight demonstration rather than a conventional unveiling. The Roadster will add a high-end vehicle to Tesla's lineup, which primarily revolves around two mid-priced consumer models.

Chery announced it will start selling its iCAUR brand vehicles in the UK in early 2027, beginning with the V27, a Defender-like SUV. The iCAUR launch marks a fifth Chery nameplate in the UK, joining Omoda, Jaecoo, Lepas, and the namesake brand.

BMW Group officially started volume production of its sixth-generation high-voltage batteries on Thursday in Shenyang, marking a milestone that underscores a key step in its electrification and localization strategy in the country.

Aumovio agreed to partner with Chery Automobile to launch the Chinese vehicle manufacturer's production in Europe.

J.P. Morgan Securities (Asia Pacific) Limited/ J.P.

Morgan Broking (Hong Kong) Limited JPMorgan Securities Japan Co., Ltd.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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