This Week's Top Stories Deliver Record Numbers Exclusive Insights and Electric Reveals
Chevrolet Bolt to Return with a 2027 Edition
General Motors has officially announced the start of production for the next-generation Chevrolet Bolt EV by the end of 2025, with the model set to launch as a 2027 edition. The new Bolt will be built at GM's Fairfax plant in Kansas, part of a $4 billion investment across three U.S. factories. This investment will also support the development of an affordable new EV and expand traditional vehicle production. While the previous Bolt was discontinued, its revival highlights GM's commitment to delivering an entry-level EV based on its latest Ultium platform.
A Glimpse into Nissan's Future in an Exclusive Interview with the Head of Nissan Middle East
In an exclusive interview with ArabGT founder Mousub Shasha'a, Thierry Sabbagh, President of Nissan and Infiniti Middle East, addressed the challenges facing the Japanese automaker and outlined the global 'Re-Nissan' strategy. This restructuring plan aims to cut costs and launch new models such as the Patrol NISMO and Z NISMO. Sabbagh also reassured GT-R fans that the iconic model is here to stay, emphasizing Nissan's focus on quality and after-sales service.
Hyundai Teases High-Performance Ioniq 6 N
Hyundai has revealed the first teaser images of the Ioniq 6 N — a high-performance electric sedan set to join the brand's 'N' sport lineup. With a wide, aerodynamic design, prominent fender arches, and a large rear wing, the Ioniq 6 N emphasizes both track and daily driving performance. The official debut is scheduled for the Goodwood Festival of Speed in July, following the success of the Ioniq 5 N.
2025 Toyota Land Cruiser: Sharper Design and a Hybrid Option for the First Time
Toyota has unveiled an updated version of the 2025 Land Cruiser featuring a more aggressive design, improved lighting, and new features. The biggest headline, however, lies under the hood: for the first time ever, a hybrid version is available. It pairs a 3.5L twin-turbo V6 with an electric motor to deliver 457 hp and 790 Nm of torque. This hybrid option will be offered alongside the classic gasoline V6 in markets like the UAE, marking Toyota's clearest step yet into electrification without compromising its off-road legacy.
Xiaomi SU7 Ultra Makes History at Nürburgring
The Xiaomi SU7 Ultra made history this week by clocking an incredible lap time of 7:04.957 at Germany's Nürburgring circuit — making it the fastest road-legal, four-door electric production car ever. It beat out the Porsche Taycan Turbo GT and Rimac Nevera using a production-spec version equipped with a track package that includes Bilstein suspension and Endless brakes. With over 1,500 horsepower and a 0–100 km/h time of just 1.98 seconds, Xiaomi's entry into high-performance EVs is both serious and record-breaking — becoming the first Chinese car to top the EV leaderboard at Nürburgring.
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Al Arabiya
8 hours ago
- Al Arabiya
PGA Tour's FedEx Cup Bonus Goes From a Lump Sum to One Winner to 3 Payoffs
The PGA Tour has done away with the staggered start for the FedEx Cup finale. In its place is a new pay structure with staggered bonuses to whoever is leading at three points in the final month of the season. The FedEx Cup champion will get $10 million, down from $25 million. However, if the No. 1 seed stays at the top throughout the playoffs, he would still get $25 million. The bonus pool remains at $100 million under the structure released Wednesday. But instead of the FedEx Cup champion receiving $25 million at the end of the Tour Championship, the No. 1 player will get $10 million after the regular season ends with the Wyndham Champion. Whoever leads the FedEx Cup after the BMW Championship gets $5 million. And the Tour Championship winner gets $10 million. This caps an overhaul to what the PGA Tour hopes can lead to a more compelling–and less confusing–end to the season. The staggered start–also known as starting strokes–gave the No. 1 seed a two-shot lead at the Tour Championship by putting him at 10-under par before the tournament even started. Now the top 30 who reach East Lake will start even, just like any tournament, and whoever wins the Tour Championship is the FedEx Cup champion. To account for the winner-take-all nature of the Tour Championship, the pay structure was altered to make sure season-long performances were still rewarded and top players did not get penalized too much for having a bad week at East Lake. Scottie Scheffler was so dominant last year he led the FedEx Cup all through the playoffs, picking up the $25 million bonus as the champion. If the new payment structure had been in place in 2023, however, Jon Rahm would have received $10 million for leading the FedEx Cup going into the playoffs, Scheffler would have won $5 million for leading after the BMW Championship, and Viktor Hovland would have won $10 million for being the FedEx Cup champion. Rahm was the No. 1 seed starting the 2023 playoffs, tied for 18th in the Tour Championship, and his postseason payout was $675,000. Under the new payment plan, Rahm would have received $12,208,750 for his FedEx Cup bonus–No. 1 going into the playoff, No. 4 after the BMW Championship, and a tie for 21st in the Tour Championship. The Tour Championship effectively would have a $40 million purse, but the bonus money still will count as unofficial. The FedEx Cup points for the FedEx St. Jude Championship and the BMW Championship will remain quadruple the value to allow for movement in the standings. The Comcast Business Tour Top 10 is still around, a $40 million bonus pool for the regular season. So for this year, whoever leads the FedEx Cup going into the postseason would get $10 million from the FedEx Cup bonus and $8 million from Comcast.
Arab News
8 hours ago
- Arab News
Republican leaders in House work to win over final holdouts on Trump's tax bill
WASHINGTON: Republican leaders in the House were busy Wednesday trying to win over some final holdouts on President Donald Trump's tax and spending cuts package — determined to seize momentum from a hard-fought vote in the Senate while essentially daring members to defy their party's leader and vote against it. 'The American people gave us a clear mandate, and after four years of Democrat failure, we intend to deliver without delay,' the top four House GOP leaders said Tuesday after the bill passed the Senate 51-50, thanks to Vice President JD Vance's tiebreaking vote. It's a risky gambit, one designed to meet Trump's demand for a July 4 finish. Republicans have struggled mightily with the bill nearly every step of the way this year, often succeeding by only one vote. Their House majority stands at just 220-212, leaving little room for defections. Some Republicans are likely to balk at being asked to rubber-stamp the Senate version less than 24 hours after passage. Republicans from competitive districts have bristled at the Senate bill's cuts to Medicaid, while conservatives have lambasted the legislation as straying from their fiscal goals. It falls to Speaker Mike Johnson, R-Louisiana, and his team to convince them that the time for negotiations is over. They will need assistance from Trump to close the deal, and several conservatives went to the White House to talk about their concerns with the president. 'The president's message was 'we're on a roll.' He went over all the tariffs that he's got and the money that's accumulated, the economy's hot, and he wants to see this,' said Rep. Ralph Norman, R-S.C. In another warning sign of some House Republican resistance, a resolution setting up terms for debating Trump's bill barely cleared the House Rules Committee on Wednesday morning. Republican Reps. Chip Roy of Texas and Ralph Norman of South Carolina sided with Democrats in voting against it. Trump can't afford to lose many votes from Republicans. Late into the afternoon, a procedural vote was being held open for more than two hours as GOP leadership waited for lawmakers delayed coming back to Washington because of weather and to conduct closed-door negotiations with concerned members. Trump pushes Republicans to do 'the right thing' The bill would extend and make permanent various individual and business tax breaks from Trump's first term, plus temporarily add new ones he promised during the 2024 campaign, including allowing workers to deduct tips and overtime pay, and a $6,000 deduction for most older adults. In all, the legislation contains about $4.5 trillion in tax cuts over 10 years. The bill also provides about $350 billion for defense and Trump's immigration crackdown. Republicans partially pay for it all through less spending on Medicaid and food assistance. The Congressional Budget Office projects the bill will add about $3.3 trillion to the federal debt over the coming decade. The House passed its version of the bill in May, despite worries about spending cuts and the overall price tag. Now, it's being asked to give final passage to a version that, in many respects, exacerbates those concerns. The Senate bill's projected impact on the nation's debt, for example, is significantly higher. Trump praised the bill profusely in a social media post, saying, 'We can have all of this right now, but only if the House GOP UNITES, ignores its occasional 'GRANDSTANDERS' , and does the right thing, which is sending this Bill to my desk.' The high price of opposing Trump's bill Johnson is intent on meeting Trump's timeline and betting that hesitant Republicans won't cross the president because of the heavy political price they would have to pay. They need only look to Sen. Thom Tillis, R-N.C., who announced his intention to vote against the legislation over the weekend. Soon, the president was calling for a primary challenger to the senator and criticizing him on social media. Tillis quickly announced he would not seek a third term. One House Republican who has staked out opposition to the bill, Rep. Thomas Massie of Kentucky, is being targeted by Trump's well-funded political operation. House Majority Leader Steve Scalize, R-Louisiana, said the leadership was not entertaining the possibility of making changes to the bill before the final vote. 'It's not as easy as saying, 'Hey, I just want one more change,' because one more change could end up being what collapses the entire thing,' Scalize said. Democratic lawmakers, united against the bill as harmful to the country, condemned the fast-track process. 'We're rushing not because the country demands it but because he wants to throw himself another party,' said Rep. Jim McGovern, D-Mass. 'This isn't policy. It's ego management.' Democrats target vulnerable Republicans to join them in opposition Flanked by nearly every member of his caucus, House Democratic leader Hakeem Jeffries of New York delivered a pointed message from the Capitol steps on Wednesday morning: All Democrats will vote 'no,' and they only need to flip four Republicans to prevent the bill from passing. Jeffries singled out Republicans from districts expected to be highly competitive in 2026, including two from Pennsylvania. 'Why would Rob Bresnahan vote for this bill? Why would Scott Perry vote for this bill?' he said. Democrats have described the bill in dire terms. They say Medicaid cuts would result in 'Americans losing their lives because of their inability to access health care coverage.' Republicans are 'literally ripping the food out of the mouths of children, veterans and seniors,' Jeffries said Monday. Republicans say they are trying to rightsize the safety net programs for the population they were initially designed to serve, mainly pregnant women, the disabled and children, and root out what they describe as waste, fraud and abuse. The package includes new 80-hour-a-month work requirements for many adults receiving Medicaid and applies existing work requirements in the Supplemental Nutrition Assistance Program, or SNAP, to more beneficiaries. States will also pick up more of the cost for food benefits. The driving force behind the bill, however, is the tax cuts. Many expire at the end of this year if Congress doesn't act. The Tax Policy Center, which provides nonpartisan analysis of tax and budget policy, projected the bill would result next year in a $150 tax break for the lowest quintile of Americans, a $1,750 tax cut for the middle quintile and a $10,950 tax cut for the top quintile. That's compared with what they would face if the 2017 tax cuts expired.
Arab News
10 hours ago
- Arab News
Saudi ministry recalls faulty chargers over fire risk
RIYADH: Saudi Arabia's Ministry of Commerce has announced the recall of 88,518 Anker portable chargers across multiple models due to a potential internal electrical short circuit that may cause overheating and pose a fire risk. The ministry urged consumers to immediately stop using the affected products and contact Anker at the toll-free number 8008500030 to arrange a replacement or full refund, the Saudi Press Agency reported on Wednesday. Consumers can check if their device is included in the recall and start the replacement or refund process by visiting Users are also advised to verify the model number of their charger against the list of affected products on the Defective Products Recall Center website The ministry reaffirmed its commitment to consumer safety and stressed the importance of promptly addressing product defects to prevent potential hazards.
