AGP Executive Report
Last update: 11 hours agoMarket Shift: Utility vehicles made up nearly 70% of India’s passenger-vehicle sales so far this fiscal year, while South Korean auto exports fell 5.5% in September. Global Competition: Volkswagen plans to export Chinese-built models to Australia as China’s production capacity outstrips domestic demand, intensifying pressure on global rivals. Autonomous Driving: Volvo is expanding its Nvidia partnership to develop advanced driving technology for future models, with rollout planned before 2030. Electrification: Mercedes-Benz unveiled electric CLA and GLC models in South Korea and pledged not to make abrupt price cuts after launch; China’s AITO plans to enter Europe in autumn 2027. Policy & Production: France and Germany back conditional UK access to proposed “Made in Europe” preferences, with reciprocity and other terms still unresolved.
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