Kia is growing in China as most foreign automakers are rapidly losing market share. Foreign automakers like Toyota, Volkswagen, and GM are struggling to keep up with aggressive price cuts and an influx of new competition. After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped
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In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Veo in Dream Screen YouTube YouTube on Wednesday announced artificial-intelligence features for creators on its Shorts platform that tap into Google‘s DeepMind video-generation model. The features, known as Veo, will allow creators to add AI-generated backgrounds to their videos as well as use written prompts
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Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s biggest market, domestic EV makers, like BYD, are squeezing out the competition. Due to slowing demand, Volkswagen and its Chinese joint venture partner, SAIC Motor, plan to close a factory or slow production. According to a
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Volkswagen plans to temporarily halt ID.4 production at its Chattanooga, TN, plant following a nationwide recall involving nearly 100,000 models. According to a VW statement, roughly 200 workers will be furloughed at the plant. Volkswagen will halt ID.4 production in TN temporarily The first ID.4 rolled off the assembly line at VW’s Chattanooga, TN, plant
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One of the City’s most prominent fund management groups is heaping fresh pressure on the environmental record of Britain’s water industry by calling for suppliers to take steps to curtail the spread of antimicrobial resistance (AMR). Sky News understands that Royal London Asset Management (RLAM), which manages £169bn in assets, is calling on the UK’s
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Tupperware, the maker of food storage containers, has filed for bankruptcy in the US. The firm, which was founded 78 years ago, said it was seeking approval to find a buyer for the business as part of attempts to protect the brand. The American company is mostly known for its “Tupperware parties”, which became hugely
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Sep 18, 2024, 05:15 AM ET Salvatore Schillaci won the golden boot at the World Cup in 1990. DANIEL GARCIA/AFP via Getty Images Former Italy forward Salvatore “Toto” Schillaci has died aged 59, the Palermo hospital where he was being treated for colon cancer said a statement on Wednesday. Schillaci rose to international fame at the
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Police say they have arrested a woman who spent 16 months on the run after being sentenced for drugs offences. Lynne Leyson, 53, was arrested at Pibwr Farm in Capel Dewi, Carmarthenshire, on Monday. She had travelled across the UK during her 16 months on the run, before returning to the Dyfed-Powys Police area on
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