AGP Executive Report
Last update: 11 hours agoSafety Warning: Oman’s Royal Police urged people not to sleep in parked cars with the engine running after a case where four men died from carbon monoxide poisoning. Major Crash: Bangkok’s Airport Rail Link area saw a freight train smash into a bus at a red light, killing at least 8 and injuring 32, with flames spreading to nearby cars and motorcycles. Industry Pressure: Porsche is cutting more than 500 jobs by shutting three subsidiaries, including its e-bike division, as it refocuses on core auto business amid weak demand. EV Shift: Subaru postponed its self-developed EV launch (planned for 2028), redirecting investment toward hybrids and gasoline cars. Used-Car Boom: India’s pre-owned market is forecast to jump from 6M units in FY26 to nearly 10M by FY31, potentially making it the world’s No. 3 used-car market. Fraud Crackdown: Delhi Police’s EOW arrested six in a ₹128 crore fake GST invoicing scheme using shell firms to claim wrongful input tax credit.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.