AGP Executive Report
Last update: an hour agoToyota’s U.S. Mini-Truck Bet: Toyota plans to assemble its Scion KEI-01 in Indiana from 2027, initially targeting business customers. The 25-mph truck will face road-use restrictions that vary by state. Honda’s Hybrid Push: The next-generation CR-V is set to go hybrid-only in Canada, with Honda targeting more than 10% better fuel economy. The shift builds on a broader North American expansion, including a planned $3 billion Ohio plant and $166 million in upgrades at its Ontario factory. Mercedes’ Germany Pullback: Reports say Mercedes-Benz is halting further investment at German facilities amid possible plant closures, a fresh sign of pressure on the country’s auto industry. Factory Decarbonization: GM says two new Michigan solar projects will supply renewable energy for its manufacturing operations, its largest such effort to date. Driver Assistance: BMW plans to add urban driving functions—including lane changes and roundabouts—to its Level 2 City Assistant system in Germany from 2027. Nissan Restructuring: Nissan’s losses narrowed, but it cut its sales outlook as it works to return to profit.
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