AGP Executive Report
Last update: an hour agoBMW Job Cuts: BMW plans to cut about 8,000 jobs in Germany by end-2027 via voluntary severance, targeting admin and R&D roles as EV pressure, weak demand, and Chinese competition bite. Audi Flagship Push: Audi’s long-awaited Q9 is officially revealed as its biggest three-row SUV, aiming squarely at BMW X7 and Mercedes GLS, with South Africa approval and 2027 arrival. GM EV Acceleration: GM is fast-tracking a second-generation Chevrolet Equinox EV, with a new BEV-N-based platform expected to debut in 2028/2029. Ford Recall: Ford recalls 565,691 Broncos (2020–2026) over a wiring-harness issue that can cause engine-compartment fires; repairs are free. Robotaxi & Charging Reality Check: Nissan and Denso-backed quantum efforts sit alongside China’s robotaxi deliveries and a sobering report on public charging economics—23M connectors are up, but profits are scarce. Defense Contracts: The U.S. Army awarded ISV-Heavy prototype contracts to GM Defense, Ford, and BC Customs. Safety & Disruption: A fatal Yorkshire crash involved an Audi A4; separately, a Honda transmission-plant machinery fire was contained with no injuries.
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