AGP Executive Report
Last update: 12 hours agoSafety & Regulation: Saudi Arabia recalled nearly 3,000 Jeep Grand Cherokees from 2023–24 over a software fault that could delay side-airbag deployment. Maextro, meanwhile, promised free upgrades after brake-pedal brackets fractured during testing. Electrification: New UK rules from Oct. 21 will allow pavement-embedded charging cables in some areas, but residents in conservation areas still need planning permission. Industry & Investment: JSW MG Motor India selected eight startups for its mobility innovation program. India’s auto sector is heading into festive season with strong demand, but rising material costs are expected to squeeze margins. Competition & Trade: Chinese automakers are stepping up pressure on European rivals ahead of the Paris Motor Show, as September delivery reports point to strong growth at several Chinese EV brands. The EU also selected 46 strategic mineral projects to strengthen supply chains for batteries and other industries. Market Shift: Petrol-only vehicles fell below half of global new-vehicle sales for the first time, with high fuel costs helping drive interest in EVs and hybrids.
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