AGP Executive Report
Last update: 11 hours agoPrivacy and Regulation: General Motors agreed to a $220 million multistate settlement over allegations it shared drivers’ data with third parties; the deal requires clearer consent and gives customers more control over their information. Quality Push: Ford is increasing next-generation F-150 powertrain durability testing fivefold and plans nearly 4 million miles of full-vehicle testing. Autonomous Driving: Toyota and Waymo plan to test driverless bZ4X vehicles in Japan in 2027, with expansion to other markets under consideration. Supply Chain: A Nexperia chip shipment halt triggered Honda output cuts in North America, while Volkswagen turned to NXP for supply. EV Strategy: Volkswagen has paused electric Golf development as losses mount and EV profits fall short; meanwhile, battery-electric cars reached a record 31% of Europe’s September market. Industry Outlook: Audi’s third-quarter net profit fell 87% amid weakness in China and U.S. tariff pressure, as it advances plans for a Georgia factory. Hyundai, meanwhile, is investing another $450 million in its Alabama plant.
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