AGP Executive Report
Last update: 22 minutes agoElectric Performance: Mercedes-AMG unveiled its first SUV developed in-house, an all-electric GT with up to 1,153 hp. U.S. sales are due in summer 2027. Rallying: Toyota swept the Rally Italia Sardegna podium as Elfyn Evans claimed his first drivers’ title, completing the team’s sweep of the 2026 WRC championships. China Strategy: Toyota plans to build the next Corolla in China from 2028, using a platform that can support multiple powertrains. Workforce: BMW is offering generous voluntary redundancy packages as it targets up to 8,000 job cuts; applications were paused after strong employee interest. India Expansion: Hyundai plans to invest $15.5 billion in India through 2032, while Audi launched its new Q3 there at ₹5.199 million. Safety: Hyundai is recalling more than 94,000 U.S. vehicles over a power-seat fire risk and advises owners to park outside.
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