AGP Executive Report
Last update: 27 minutes agoIndia Investment: Hyundai Motor Group will invest $15.5 billion in India through 2032, expanding manufacturing, R&D and local supply chains. An additional ₹4,000 crore will lift capacity at its Pune plant to 320,000 vehicles a year, supporting plans for new models and electrification. New Models: Hyundai’s redesigned Bayon small SUV adds a full-hybrid option in 2027, while Toyota has unveiled a Tamaraw-based jeepney for the Philippines. Safety: Volkswagen is recalling 22,524 ID.4 electric SUVs over a battery fire risk. Industry Policy: Spain’s Valencian Community will lead Europe’s automotive regions alliance from 2027, with priorities including targeted investment, competitiveness and worker retraining.
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