AGP Executive Report
Last update: 9 hours agoJob Cuts Watch: Jaguar Land Rover confirmed a voluntary redundancy program after reports of up to 4,000 UK roles at risk, as it targets about £1.7bn in savings and lowers its break-even to 300,000 vehicles following last year’s cyber disruption. Motorsport Penalties: FIA issued late grid penalties for the 2026 Italian GP at Monza, including a 35-place drop for Red Bull’s Liam Lawson and a 30-place penalty for Kimi Antonelli, reshuffling the front after Pierre Gasly’s shock pole. Safety & Disruption: A fuel tanker explosion in western Iran killed 11 and injured seven after a collision near Sanandaj, with faulty brakes cited; separately, UK police reported a van crash that damaged four parked cars in Ryde before the driver handed himself in. EV/Charging & Policy: HMRC updated UK advisory mileage fuel rates for company cars, while India’s PHEV pipeline is set to expand in 2026 with new models aimed at buyers wanting electric driving without full EV commitment. Trade & Industry: Türkiye’s automotive exports rose 2.5% in Jan–Aug to $27.2bn, with Germany the top destination.
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