AGP Executive Report
Last update: 21 minutes agoPartnership Push: Changan Automobile and China Telecom signed a strategic deal to build an integrated “vehicle-network-cloud-satellite” ecosystem, aiming to speed up intelligent-vehicle connectivity and digital/green transformation. EV Sales Pulse: Li Auto said cumulative deliveries of its L9 SUV topped 300,000, with 15.5B km driven and hundreds of over-the-air updates since launch. Market Watch: China’s CPCA expects July passenger-vehicle retail sales to cool to about 1.52M units (down 16.8% YoY), while NEVs keep penetration near a record 64.5%. Auto Industry Pressure: Volkswagen reported H1 profit down 31% and cut its 2026 revenue outlook as tariffs and competition bite, with possible further job cuts. Local Mobility & Infrastructure: MassDOT released new Sagamore Bridge replacement renderings; construction is expected to start in late 2027. Safety & Compliance: India’s auto retail sales rose 28.6% YoY in July 1–23, led by two-wheelers and SUVs.
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