AGP Executive Report
Last update: 5 hours agoTwo-Wheeler Growth: Honda Motorcycle & Scooter India is targeting 6 million domestic sales in FY27 and plans to lift annual capacity to 8 million by 2028. Software and Autonomy: Toyota aims to make every model software-defined by 2030. Mercedes-Benz and NVIDIA are expanding work on automated driving, with Level 4 vehicles in view. Safety Alerts: Hyundai is recalling more than 94,000 U.S. vehicles over a power-seat fire risk and advises owners to park outside. Volkswagen is also recalling several thousand EVs over a battery flaw, while Toyota recalled about 31,000 RAV4 plug-in hybrids over possible power loss. India Investment: Hyundai inaugurated its Pune plant as part of a $15.5 billion India investment plan through 2032, including four planned EVs. Electric Performance: Mercedes-AMG unveiled its first in-house SUV, an all-electric model with up to 1,153 horsepower and 710-kW charging.
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