AGP Executive Report
Last update: 11 hours agoIndia’s Auto Boom: Passenger-vehicle wholesales rose 30.7% in the July–September quarter to 1.36 million, while September dispatches climbed 21.8% year on year to 454,574. Two-wheelers and commercial vehicles also posted strong quarterly growth. Hyundai’s India Push: Hyundai Motor Group plans $15.5 billion of investment in India, including four EVs by 2029, as it expands manufacturing and technology operations. Tougher Emissions Rules: India is drafting BS-VII standards for new cars and SUVs from April 2029, with proposals covering battery durability and vehicle passports. China-Europe Trade: The EU and China reached a deal capping Chinese hybrid imports at 350,000 a year, while Chinese automakers are weighing local production in Europe; the UK has rejected an EU push for tariffs. EV Costs: A UK charging network warned that a planned per-mile tax from 2028, on top of vehicle tax, could deter buyers as the electric-car transition gathers pace. Luxury-Car Trade: Rolls-Royce welcomed the India–UK trade deal but says it is still assessing how phased tariff cuts will affect Indian prices.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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