Automobiles
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* Against the backdrop of the global economic slowdown, initiatives by China’s local governments to boost their economy this year have garnered significant attention from around the world. * Many local governments’ work reports have highlighted the task of boosting consumption in 2025 and introduced debut economy, a relatively new concept. * New quality productive…
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Further talks between Volkswagen and trade union leaders held on Wednesday. Volkswagen’s management wants to close at least three plants, cut tens of thousands of jobs, and also slash pay by 10% for remaining staff, according to a statement from staff representatives. The manufacturer is also seeking to downsize all remaining plants, added the document.…
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A member of the House of Representatives from Plateau State, Yusuf Gagdi has come under heavy criticism for gifting his daughter, Aisha, a new Sport Utility Vehicle, SUV, after her graduation from secondary school. Reports had earlier emerged online stating that the lawmaker gifted his daughter who graduated from the Lead British International School, Abuja,…
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The Biden administration made a “big mistake” in levying high tariffs on electric vehicles (EVs) imported from China, said a former U.S. envoy on Tuesday. Speaking at a webinar organized by KraneShares, a U.S.-based asset management firm, Terry Branstad, former U.S. ambassador to China said U.S. President Joe Biden recently announced an extraordinary tariff on…
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Sales of pickup trucks in China rose 4.4 percent year on year in April as the country’s consumption promotion policies boosted the market, industry data showed. According to the China Passenger Car Association, 44,000 pickup trucks were sold in China last month. The exports of such vehicles accounted for 42 percent of the country’s total…
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The Nigeria Police Force, NPF, has confirmed the implementation of the upgraded electronic Central Motor Registry (e-CMR), an information system aimed at enhancing the safety and security of all Nigerians. The Force Public Relations Officer, Olumuyiwa Adejobi, said the initiative is a crucial step towards improving law enforcement capabilities and ensuring the well-being of our…
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This week, Volkswagen said that by the middle of the year, its voice assistant will integrate ChatGPT into its cars, enabling them to converse with users in back-and-forth dialogue. At the CES electronics trade fair in Las Vegas, Volkswagen presented its first vehicles featuring ChatGPT, which will be on sale in North America and Europe…
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Just weeks after California banned its self-driving vehicles from public roads after an accident last month, Cruise, the robotaxi unit of General Motors (GM), is planning to re-launch its service in an unspecified city before expanding it to others. Last week, the company said that while it conducts a safety review of its robotaxis, it…
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Toyota has announced that it will invest $13.6 billion in manufacturing electric automobile batteries in the United States by 2025. “This investment will help usher in more affordable electrified vehicles for U.S. consumers, significantly reduce carbon emissions, and importantly, create even more American jobs tied to the future of mobility,” said Ted Ogawa, CEO of…
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