AGP Executive Report
Last update: 7 hours agoChina Auto Slowdown: Gasgoo reports China’s 2026 passenger-car market is in its worst downturn on record, with forecasts for a 15% sales drop and a 20.2% decline in H1, while large five-seat SUVs buck the trend with a 58.9% H1 jump. EV Market Shift: Cox Automotive says used EV sales kept surging in July (+7.7% vs June, +10.1% YoY) as buyers chase lower running costs amid affordability pressure. Charging Buildout: EVgo opened a GM-and-Meijer co-branded flagship fast-charging site in Warren, Michigan, targeting up to 20 stalls per location and up to 350 kW. Smart Energy Platform: Hyundai is unifying V2X services under AllDayEnergy for smart and later bidirectional charging, starting in Kia’s UK app in Q2 2026. Security vs Telemetry: Germany’s auto industry pushes back against an intelligence reform that would require sharing vehicle telemetry data, warning it’s too vague and risks surveillance creep. Product Updates: Mercedes refreshed the C-Class with revised engines for tougher emissions, plus new lighting and an updated MBUX with AI assistant features. Used Luxury/Crash & Crime: A fatal Virginia crash involved a 2005 Honda Accord with multiple unbelted ejections; in Malaysia, JPJ seized a Mercedes used by a Bangladeshi man over expired documents and insurance.
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.