In a major move affecting the automotive industry, four leading car manufacturers, including both domestic and international brands, announced recalls totaling approximately 207,000 vehicles due to various manufacturing defects.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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Tesla Reports Decline in Revenue and Profit in Q1 2024
Tesla Inc., the leading US electric vehicle manufacturer, announced a significant decline in its financial performance for the first quarter of 2024. The company reported a 9 percent drop in total revenue, which fell to $21.3 billion compared to the same period last year.
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Chinese Yuan Edges Higher Against Dollar, Strengthens to 7.1043
The Chinese yuan saw a marginal increase against the U.S. dollar, edging up 3 pips to settle at a central parity rate of 7.1043, as reported by the China Foreign Exchange Trade System (CFETS) on Monday.
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Kia Introduces NBA-Themed Customization for EV9 Owners
Kia has announced the launch of personalized NBA-themed Display Themes for the EV9 model, set to revolutionize the driving experience. EV9 owners can infuse their vehicle’s cockpit with the vibrant colors and iconic logos of their beloved NBA teams, enhancing their connection to the game both on and off the court.
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U.S. Stocks Close Mixed Amid Geopolitical Tensions
The trading week concluded on a mixed note for U.S. stocks as investors grappled with escalating geopolitical conflicts and persistent inflationary pressures.
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Malaysia and Amazon Collaborate to Boost E-commerce
In a strategic move aimed at fostering the growth of cross-border e-commerce, Malaysia and Amazon Global Selling have announced a collaboration set to empower Malaysian businesses and amplify their presence in the global marketplace.
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2025 Toyota Camry Pricing Starts at $28,400 MSRP
Toyota has unveiled the pricing details for the highly anticipated 2025 Toyota Camry, showcasing a fusion of cutting-edge features, enhanced performance, and a stylish redesign. Priced starting from $28,400, the latest Camry is set to redefine the driving experience.
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Haval H6 Facelift Interior Revealed Ahead of Beijing Auto Show
The anticipation builds as the interior of the revamped 2024 Haval H6 takes center stage. Great Wall, the mastermind behind the Haval brand, has provided a sneak peek into the sleek design of the upcoming model, set to debut at the highly anticipated Beijing Auto Show next week.
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China Denounces US Restrictions on Steel and Aluminum Products
China has voiced strong opposition to the United States’ imposition of new restrictive measures on Chinese steel and aluminum products, denouncing the move as unilateral and protectionist.
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Toyota Launches Land Cruiser “250” Series with Limited Edition Models in Japan
Toyota Motor Corporation (Toyota) has introduced the latest addition to its Land Cruiser lineup in Japan, the “250” series. Alongside this launch, Toyota has rolled out special edition models, namely the ZX “First Edition” and VX “First Edition,” with a total production limited to just 8,000 units.
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