Aircraft owners are junking fewer planes than just before the pandemic, as prices for spare parts remain low and airlines look to retain the ability to ramp up again quickly.
Autos & Transportation
Established auto brands like Ford and Volkswagen have outperformed electric-vehicle startups in recent months, and not just because investors are embracing cheap stocks.
The shipping industry faces a 2050 emissions-reduction target with choices yet to be made on what clean fuels to use.
The auto maker’s technology-driven growth plan articulated by CEO Jim Farley might not need to pan out perfectly for shareholders to make further gains.
The electric-vehicle maker said all data generated from cars it sold in China will be stored in a new data center there, after facing scrutiny of its handling of potentially sensitive data in the country.
The move will stop carriers based in the country from adding service to U.S. cities.
The forced diversion of a Ryanair flight over Belarus threatens to undermine a set of safety procedures built up over decades between commercial airlines and the governments and militaries of countries they fly over, pilots and air-safety officials say.
As cars become computers with wheels, Apple is joining other tech companies in eyeing the $5 trillion auto market. “Software is eating the world, and cars are next on the menu.”
Commerce Secretary Gina Raimondo said she is looking for ways to help auto makers amid a global semiconductor shortage but won’t prioritize them over other chip users, as the industry presses the Biden administration for assistance.
Production of the new battery-powered version of its top-selling vehicle is expected to start next spring in Michigan.
Car makers want more control over components central to the performance and experience of electric vehicles. But they don’t have a lot of experience with those parts, and face many competing claims for investment. Joint ventures with specialist suppliers offer a solution.
The world’s third-largest car company by sales said a new 50-50 joint venture with iPhone assembler Foxconn would focus on technology used in vehicle dashboard systems and other connected services.
The plane maker has been working to address concerns about the aircraft components after one broke apart on a United Airlines jet over Colorado this year, people briefed on the matter said.
Electric-vehicle companies are pushing New York lawmakers to allow them to open more dealerships in the state—which they and environmental groups said would expand sales of emission-free cars and trucks.
The largest Detroit car maker seems to be cruising through the chip crisis without as many problems as its peers, but it is already an investor darling.
A new U.S. push to cut ship emissions will kick into high gear a multibillion-dollar quest for nonfossil fuels to power oceangoing vessels, but likely will face a backlash from Asian and South American nations that fear rising export costs.
Dozens of major companies signed a letter against “any changes that would restrict eligible voters’ access to the ballot” in Texas, days ahead of an expected vote in the state legislature on a voting bill.
Pressured by the pandemic, the hyperefficient supply-chain model pioneered by Toyota is under assault.
Last year, car makers experienced the cardiac arrest of shutdowns followed by the blood rush of fast-rebounding auto sales. This year, they’re getting both at the same time.
Global auto makers who had expected the semiconductor supply crisis to subside in the spring are now warning that chips will remain scarce for months while a second-half recovery is fraught with uncertainty.