Toyota’s CEO To Step Down As New Chief Will Remodel Automaker

Toyota’s CEO To Step Down As New Chief Will Remodel Automaker

Akio Toyoda, the CEO of Toyota Motor Corporation and grandson of the company’s founder, is stepping down after leading the world’s largest automaker for 14 years, according to Nikkei Asia. Chief Branding Officer Koji Sato will replace Akio Toyoda on April...
read more
Dassault is preparing flagship bizjet Falcon 10X

Dassault is preparing flagship bizjet Falcon 10X

Dassault’s new flagship Falcon 10Xis going after the Bombardier Global 7500 and Gulfstream G700 to claim the title of the world’s largest business jet. The French airframe maker says the 10X will have the largest interior in its class. The...
read more
Volkswagen Group CEO: High Energy Cost Make New EV Plants “Unfeasible”

Volkswagen Group CEO: High Energy Cost Make New EV Plants “Unfeasible”

Incentives to buy an EV are starting to vaporize into thin air in places like Japan and the U.K. Now, the irony continues, as rising costs of energy in Europe, helped along by “green” energy policies, are making industrial projects...
read more
BYD sets prices for EV models intended for Europe

BYD sets prices for EV models intended for Europe

Chinese giant BYD, seeking to fast establish a name in Europe, disclosed tentative prices  for three full-electric passenger vehicles to be delivered in six European countries. The Atto 3, a compact crossover, will be sold for 38,000 euros. Two midsize model...
read more
Boeing Settles With SEC For $200 Million Over “Misleading Investors” On 737 Max Safety

Boeing Settles With SEC For $200 Million Over “Misleading Investors” On 737 Max Safety

Boeing Co. reached a $200 million settlement with the Securities and Exchange Commission on Thursday into allegations that the aircraft manufacturer and former chief executive deceived investors and the public about the safety of the 737 MAX plane that kill...
read more
Boeing & Airbus Make Up 91% Of Global Commercial Aircraft Fleets

Boeing & Airbus Make Up 91% Of Global Commercial Aircraft Fleets

  U.S. based airlines were far and away the largest aircraft carriers, with American Airlines being the world’s largest airline by fleet size since 2019. Interestingly, Delta Airlines was the largest by revenue in 2020, despite a smaller fleet size....
read more
BMW, VW, Skoda Suspend Manufacturing

BMW, VW, Skoda Suspend Manufacturing

European automobile manufacturers are suspending the operation of a number of plants due to a shortage of parts delivered from Ukraine. “The problem with wire harnesses is that they are fundamental,” Alexandre Marian, a managing director at consult...
read more
India’s Jet Airways Weights Boeing, Airbus $12 Bln order

India’s Jet Airways Weights Boeing, Airbus $12 Bln order

India’s Jet Airways is in talks with planemakers Boeing Co. and Airbus SE for an order worth $12 billion. The airline’s new owners, UAE-based businessman Murari Lal Jalan and UK investment firm Kalrock Capital, told Bloomberg News that Jet could...
read more
2022 Mazda CX-50 debuts

2022 Mazda CX-50 debuts

Mazda just unveiled the newest member of its growing family of SUVs. Meet the new 2022 Mazda CX-50, with a focus on off-road performance. The CX-50 is visually and, presumably, physically taller than the CX-5 — Mazda hasn’t released detailed spec...
read more
Il-112V prototype military transport aircraft crashes

Il-112V prototype military transport aircraft crashes

A prototype military turboprop transport aircraft Il-112V made by Russia’s Ilyushin has crashed during a test flight, killing three people who were on board. A video of the incident shows the plane’s right engine flaming out before the aircraft tilts...
read more
Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

In continuing one of the largest government subsidized shifts to the auto industry ever forced upon manufacturers and customers, the Biden administration is now reportedly targeting 2030 to have 50% of the auto fleet on the road electric. On Thursday...
read more
False Rumor: KIA Reportedly Prepping Apple Car In U.S.

False Rumor: KIA Reportedly Prepping Apple Car In U.S.

KIA is apparently preparing to build an Apple car in the United States. The legacy automaker has reportedly “approached potential partners about a plan to assemble Apple Inc.’s long-awaited electric car in Georgia,” according to Dow Jones. T...
read more
IATA: Airlines need another $80 billion in aid to survive

IATA: Airlines need another $80 billion in aid to survive

Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned. “We are extremely grateful to them for having injected $160 billion into...
read more
2023 Cadillac Lyriq Revealed

2023 Cadillac Lyriq Revealed

It won’t go into production for two more years but will be the first use of GM’s modular EV platform and Ultium battery technology. Cadillac wants you to know that the Lyriq may just be a “show car” at this stage,...
read more
He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

Thus far an official ongoing investigation by Lebanese authorities into the cause of Tuesday’s Beirut port blast, now considered the largest non-military munitions explosion in history, has dubbed it severe “negligence”. It’s now well ...
read more
1 2 3 6