AGP Executive Report
Last update: 11 hours agoNissan Tekton Launch: Nissan has finally unveiled the all-new Tekton C-SUV in India, priced from ₹10.49 lakh, built in Chennai and aimed at a big comeback with plans to grow domestic sales to 100,000 and exports to 100,000 annually by FY27-28, alongside a dealership push to 250 outlets. Hyundai Sales Snapshot: Hyundai’s June 2026 India numbers show a 9.97% YoY dip to 39,635 units, with Venue and Exter surging while Creta/Creta EV fell sharply, blamed mainly on supply disruption from a supplier fire. Volkswagen Restructuring Pressure: Volkswagen’s cost-cutting drive is escalating, with labor and unions demanding clarity as the company weighs cutting model range and production capacity amid reports of major job risks and plant closures. Ford Quality Push: Ford CEO Jim Farley is touring plants and stressing a “self-sustaining” quality culture, pointing to China and Mexico as leaders in consistent quality performance. Toyota RAV4 Electrifies: Toyota’s 2026 RAV4 lineup is now fully electrified, with hybrids and PHEVs taking over from gas-only models as the sixth-gen SUV rolls out. BMW & Safety/Legal Notes: BMW-related incidents and recalls continue to surface, including police reports tied to driving behavior and ongoing recall coverage. Mercedes Tech Investment: Mercedes-Benz opened a $34M Atlanta technology center to consolidate R&D and expand engineering jobs. Workplace Lawsuit: The EEOC has sued Toyota Boshoku’s Jackson facility alleging years of sexual harassment and retaliation.
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