AGP Executive Report
Last update: 8 hours agoLabor Unrest: Hyundai Motor’s union staged its first full strike in a decade, halting production at Ulsan, Jeonju and Asan as wage talks broke down over bonuses, reinstating dismissed workers, retirement age and AI-driven job protections. EV Supply Chain & Tech: Horizon Robotics entered Europe’s intelligent driving chip market via a Bosch alliance, tying its Journey 6M chip to Bosch-developed systems used in a Zeekr model sold across 16 European countries. New Model Push (China): BYD’s Fangchengbao opened nationwide pre-orders for the Formula S sedan and Formula S GT, with CLTC EV range up to 900 km and rear- or all-wheel drive options. Platform Strategy (India): Volkswagen confirmed a 2027 sub-4m SUV for India using the MQB-A0-IN platform, aiming to be its most affordable SUV locally. Safety Ratings: Mazda 6e and Mercedes-Benz CLA (mild-hybrid and EV) earned five-star ANCAP ratings after Euro NCAP testing. Corporate Moves: Chandra Asri agreed to buy Jardine Cycle & Carriage’s Singapore and Malaysia automotive businesses for about S$265m, expanding into regional mobility.
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.
Perspectify News
