FAW Toyota Motor Co., Ltd. will replace the improved rear door outer handle fork free of charge for the vehicles within the scope of the recall, and add gaskets at the same time to eliminate potential safety hazards. BZ3 is a pure electric vehicle product based on BYD's three-electric technology in cooperation with Toyota and BYD. According to data from the Passenger Federation, in the first five months of this year, the cumulative sales volume of bZ3 was 8,007. Dong Xiuhui, general manager of FAW Toyota Automobile Sales Co., Ltd., said in an interview with the media that he hoped that in the third and fourth quarters of this year, the monthly sales of bZ3 could increase to more than 6,000-8,000 vehicles.
Fed locked in July rate hike?
There are indications that the Fed is preparing to resume raising interest rates. Minutes from the latest meeting showed that while most members of the Fed Funds Market Committee supported keeping rates unchanged last month, nearly all participants thought further rate hikes would be appropriate this year.
The outside world noticed that the minutes reiterated concerns about a mild recession in the fourth quarter, and the Fed also saw the hope and possibility of a soft landing, which provided conditions for the next move. A slew of U.S. data released last week showed once again the resilience of the economy. In the context of the manufacturing industry being in trouble, the service industry continued to be supported by consumer demand. The ISM non-manufacturing index in the United States stabilized and rebounded in June, setting a new high since February this year. The previously cooled new orders and employment sub-items resumed. With the recovery, business confidence has recovered.
The expansion of the service sector has also been strongly supported by the labor market. The U.S. added 209,000 non-farm jobs in June, a slowdown from the previous month, but the unemployment rate eased to 3.6 percent from a seven-month high, while wages continued to rise strongly, suggesting labor market conditions remain tight.