AGP Executive Report
Last update: 19 minutes agoLabor & Auto Supply Chain: UAW members began a strike at American Axle in Three Rivers, Michigan after contract talks failed, hitting a key GM supplier for Silverado and Sierra. Labor & Steel: POSCO and Hyundai Steel are entering annual wage talks as unions push for bigger bonuses and more protections amid weaker demand. EV Charging Buildout: Philadelphia plans 435 new public EV chargers with PositivEnergy to expand access across neighborhoods. Auto Market Pulse (India): Maruti set an all-time high with 2.42 lakh sales in May; Tata stayed second, Mahindra third, while Hyundai and Toyota held strong in the top six. New EV Launch: Toyota launched the Ebella E3 in India at Rs 23.60 lakh, offering up to 543km range and a Battery-as-a-Service option. Tech for Cars: Seoul Semiconductor says its high-voltage opto-semiconductor entered mass production with major automakers, aiming to cut driver components and power use. F1 Business & Rivalries: Mercedes withdrew from talks to buy a 24% Alpine stake, while Monaco headlines keep swirling around Hamilton, Antonelli and Verstappen-related pressure. Mobility Trade: Kenya will host AUTOEXPO Kenya in Nairobi June 3–5, spotlighting vehicles, parts, batteries and EV solutions.
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.