Despite 2Q Miss, Navistar Gets Upgrade From BMO
Even though its second-quarter earnings came in below expectations, the truck maker received some bullish support from an analyst.
FedEx Quickens Pace of Aircraft Upgrades
FedEx is quickening the pace of its fleet modernization by grounding older aircraft sooner than anticipated, as it continues its plans to improve profitability.
Chrysler Recalls 435K Jeep SUVs
The automaker is recalling 435,000 Jeep sport utility vehicles to repair problems with their air bags and transmission-fluid lines.
Boeing Back on Top? Jet Maker Secures $6B 737 Order, Delivers First 787 to U.K.
Boeing seems to be getting in mojo back, distancing itself from a series of headaches in the first half of this year as it ramps up 787 deliveries and inks new lucrative deals for its 737.
Auto Sales Continue to Hint at Sector Rebound
Major U.S. automakers kept up their sales momentum last month on demand for pickups and SUVs, continuing to hint at an industry rebound.
Ford Recalling 2013 Models to Check for Fuel Tank Leaks
The automaker is recalling 465,000 2013 models to check for fuel tank leaks that could result in a fire.
Treasury to Begin Selling Remaining GM Stake
Treasury will begin another round of sales for General Motor stock acquired during the government's bailout of the auto sector.
Ford Boosts North American Production to Meet Demand
The U.S. automaker expects to increase its North American manufacturing capacity by 200,000 vehicles in 2013 to keep up with demand.
Midwest Gas Prices Swell Ahead of Memorial Day
Some drivers hitting the road this weekend for Memorial Day will notice higher gas prices compared to last year’s holiday, with the cost of making a trip to the pump showing sizable increases in the Midwest.
Chevy Sparks Price War With New Electric Car
The automaker revealed that its newest electric vehicle, the Chevrolet Spark, will cost 38% less than the larger Volt hybrid, beating most of its competitors on price.
Boeing Plans to Return 80% of Free Cash to Shareholders
Speaking at an investor conference, Boeing's CFO said the cash deployment move won't reduce its cash balance of about $11 billion.
Report: Ford to Close Australia Plant
Ford Motor Co is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016, a local media reported on Thursday.
Berkshire's Munger says takeover prices too high
Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have made attractive targets scarce now, its vice chairman said on Friday.
Tesla Unveils Stock Offering, Shares Add to Gains
The maker of electric cars plans to pay off a loan from the Department of Energy with the proceeds from an offering of common stock and convertible senior notes.
Boeing, Turkish Air Ink $7B 737 Deal for 70 Aircraft
Boeing struck a close to $7 billion airplane deal with Turkish Airlines on Tuesday for a slew of aircraft from its family of 737s.
United Continental to Reintroduce 787 Flights on May 20
United Continental is preparing to reintroduce the 787 as early as May 20 as Boeing works to convert the airline’s six Dreamliners to meet new standards.
Chrysler to Recall 301K Jeep and Ram Vehicles
Chrysler said it will recall 301,283 vehicles to address several issues, including a problem that could cause some to shift into neutral.
Tesla Shares Race Higher as Model S Gains Steam
Shares of the electric car maker were racing nearly 30% higher after a first-quarter earnings report revealed increased production of its flagship Model S.
Ford’s China Sales Jump 37% in April
The U.S. automaker recorded a 37% sales increase in China last month, led by demand for the Ford Focus and new Kuga models.
Airlines May Soon Seek Compensation from Boeing for 787 Mishap
Ethiopian Airlines will seek compensation from Boeing for the 787 battery blunder that left 50 Dreamliners on the ground for several months and stunted deliveries.

















