China Consumer Pulse: Apple, adidas, L’Oréal and Coca-Cola all reported double-digit or near double-digit gains in China, with analysts pointing to resilient demand keeping the market attractive. Japan Capex Push: NTT and Toyota are driving Japan’s record capital spending year, led by AI and factory investment. Toyota Manufacturing Expansion: Toyota will invest $3.6B to expand its San Antonio campus, adding a second Tacoma line and creating 2,000 jobs as production shifts from Baja California to Texas. EV Sales Momentum (India): July retail EV sales in India topped 30,000 units for a second straight month, led by Tata’s best-ever month and strong Mahindra and Maruti results. Recall Watch: Toyota recalled 2,208 Urban Cruisers (including 5 in Lesotho) over a fuel-gauge/combination-meter defect that can misread fuel and delay low-fuel warnings. Motorsport Spotlight: Sami Pajari won Rally Finland for Toyota, with a home victory framed as as big as a WRC title. F1 Business: F1’s calendar debate heats up as the sport’s leadership and teams discuss pushing toward a 48-race season. Mercedes Brand Play: Mercedes-Benz India signed a multi-year title partnership with the Indian Padel Tour for 2026–27. Trade Tension: Trump invoked a Depression-era tariff law against Canada, escalating pressure on the auto supply chain.