I have no experience of working with IATF 16949 but I have experience of management review meetings for integrated quality and environmental management systems. I recommend you put side by side clause 9.3 of both standards. For example, with a yellow color highlight topics that are specific of ISO 9001, with a green color highlight topics that are specific of IATF 16949, with an orange color highlight topics that are common to both standards. Now, considering your particular organization, draw a logical path to treat each topic from each of the above groups in one or more meetings. When one meeting alone is impossible or ineffective, I recommend one meeting to look into the past performance, context and risks, and another to look into the future and determine objectives and make decisions.
You can find more information about management review in the following links: