AGP Executive Report
Last update: 6 minutes agoMotorcycle market: Chinese brands are gaining ground in Europe, with exports up 17% in the first seven months of 2026 and manufacturers using Milan’s EICMA show to build local partnerships. Auto policy: EU lawmakers backed a proposal to ease the 2035 emissions target for new cars, potentially giving combustion-engine models a longer run and relief to automakers. Factory pulse: German manufacturing orders rose 4.4% in September and output climbed 0.7%; France’s rebound offers some relief, but not yet a clear turnaround. Steel strain: European producers warn recovery may not arrive until 2027, as weak demand and high energy costs blunt the effect of import restrictions. Chips: The EU has committed €525 million to a platform for chip-design startups, aiming to strengthen Europe’s semiconductor base. Jobs: Schaeffler plans nearly 3,500 job cuts and five European site closures as the auto downturn deepens.
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