AGP Executive Report
Last update: 10 hours agoHonda’s EV retreat hits a new low: Honda reported its first annual loss in 70 years as EV losses and write-downs force a pivot—reallocating resources to hybrids and ICE, with plans to launch 15 hybrid models by 2030 and shift North America production to hybrid-capable lines. Nissan-Honda tie-up talk resurfaces: With Nissan showing early recovery after its own slump, the collapse of last year’s merger talks looks less lopsided—setting the stage for “try it again” speculation. China tightens EV safety oversight: Regulators in China ordered stronger safety accountability across the supply chain, from R&D to after-sales, with tougher penalties for false claims. Volkswagen goes electric GTI: VW unveiled the ID Polo GTI, bringing the GTI badge to a 52kWh EV with a more powerful motor and a claimed 424 km range. Used EV deals get real: In the U.S., used EV listing prices keep sliding as buyers weigh higher new-EV costs after incentive changes. Safety and tech watch: Global NCAP handed Toyota Starlet 0 stars for adult protection, while recalls hit multiple brands over camera, tire, and heater risks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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