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Price tag for new hybrid Land Cruiser revealed

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Toyota revealed its first hybrid version of the iconic Land Cruiser, aiming to reintroduce the high-margin and iconic sports utility vehicle to North America and other key markets.

The world’s largest automaker announced that it would produce the new hybrid model, along with a smaller variant, at two factories in Japan, from where they will be shipped overseas.

In North America, the new Land Cruiser will be sold as a hybrid, while in other markets like Europe and Australia, it will be offered with gasoline or diesel powertrains.

Toyota’s chief technology officer, Hiroki Nakajima, stated that they would meet customer needs while reducing overall carbon dioxide emissions.

Land Cruiser models have been known for their higher profitability for Toyota, and the new model is expected to be available in Japan in the first half of 2024, followed by its launch in the United States in the spring of the same year.

The suggested retail pricing in the US is expected to start in the mid-$50,000 range. The Land Cruiser and its luxury SUV counterparts, the Lexus LX and GX, have collectively sold 11.3 million units as of the end of last month.

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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