AGP Executive Report
Last update: 2 hours agoVolkswagen Crisis Watch: VW’s CEO says “smarter solutions” exist beyond plant closures as the board weighs a major restructuring, with sales sliding in China and talk of cutting up to 100,000 jobs and shutting four German plants. Production & Trade: Toyota is the rare exception to the “pay tariffs, don’t build” rule, shifting some Tacoma production from Mexico to an expanded San Antonio plant. F1 Fallout: Aston Martin boss Adrian Newey admits the team has been failing to properly listen to drivers amid a nightmare 2026 start, while Red Bull faces fresh pressure on Max Verstappen after another setback. High-Profile Road Violence: A speeding Mercedes hit two youths outside a Chandigarh nightclub, with the driver fleeing after allegedly reversing over one victim; police are probing via CCTV. New Model/Tech: GM’s 2026 Cadillac Optiq EV lands with standard Super Cruise autonomy and a tested price point that undercuts many rivals. Luxury PHEV Launch: Mercedes-AMG E 53 plug-in hybrid is set for India on July 23, bringing 21.2 kWh battery and 100 km+ electric range. Safety/Recalls: Major brands issued a recall affecting 1.1 million vehicles over serious crash concerns, including Ford and Hyundai. EV Market Signals: BYD and Tesla delivery updates show BYD widening its lead, while automakers keep adjusting output and lineups to survive EV price pressure.
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