AGP Executive Report
Last update: 7 hours agoAuto Industry: France and Germany have agreed to ease EU car-emissions rules, potentially allowing some combustion-engine sales beyond 2035, alongside a push to strengthen European production. Whether the UK can join the “Made in Europe” scheme remains unresolved. Trade: Vietnam and EFTA’s four member states signed a free-trade deal that will reduce tariffs on industrial goods and broaden market access for manufacturers. Factory Pressure: Eurozone factory output fell again as energy costs weigh on industry, while EU leaders remain divided over relief. New Capacity: Leapmotor has started B10 production at Stellantis’ Spanish plant, deepening its European manufacturing ties. UPM has opened a large wood-based biorefinery in Germany, and Hitachi Energy plans a £479 million manufacturing facility in London.
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.