AGP Executive Report
Last update: 12 hours agoRecall Watch: Honda is recalling 880,514 vehicles in the U.S. (2016-2022 Pilot, 2017-2023 Ridgeline, 2019-2023 Passport, 2014-2020 Acura MDX) over rear suspension subframe corrosion that can lead to loss of control; dealers will inspect and add a reinforcement kit or repair/replace parts, with owner letters expected July 7. EV Battery Strategy: GM signals a possible shift away from LFP for future EVs, with battery chief Kurt Kelty telling Reuters the focus is lithium manganese-rich (LMR) for volume EV use, while LFP production at a Tennessee plant is for energy storage systems. Energy-to-Grid Push: GM is rolling out software that lets some U.S. EV owners feed power back to the grid via vehicle-to-home systems, with commercial rollout expected soon in California and Texas. Supply Chain Resilience: Novelis restarted hot mill operations at its Oswego, New York aluminum plant after two fires, aiming to ramp coils for automotive and beverage packaging demand. New Model Tease: Spy shots show the 2027 Hyundai Tucson taking a boxier, Santa Fe-like direction with a new 17-inch Pleos Connect touchscreen and Android Automotive OS. Labor Update: UAW reached a tentative agreement with American Axle, ending a 10-day strike at the Three Rivers, Michigan plant. Aftermarket/Industry: MANN-FILTER marks 85 years in the automotive aftermarket, highlighting filtration innovation and global expansion. Local Safety: A crash in Cumberland County, North Carolina killed a driver after a Toyota Avalon flipped and struck a tree.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.