Transportation

Toyota Motor Corp has a "good chance" of selling a record number of luxury Lexus vehicles this year, an executive said, as a weaker yen adds to the brand's allure globally and in its biggest market the United States.

Toyota Motor Corp has a "good chance" of selling a record number of luxury Lexus vehicles this year, an executive said, as a weaker yen adds to the brand's allure globally and in its biggest market the United States.

A Chinese group's purchase of ILFC, one of the world's largest airplane leasing businesses, could collapse after insurer American International Group Inc said on Friday it did not receive a scheduled deposit payment.

Airbus is on course to sell more than 800 aircraft in 2013, beating its initial order target by more than a hundred units, the chief executive of parent EADS said on Wednesday.

Volkswagen is nearing a deal with the IG Metall labor union to raise wages for workers at its German factories, just as Europe's biggest automaker grapples with slowing sales and falling profit.

The Japanese auto maker will recall the Micra model manufactured in the U.K. between 2002 and 2006 due to a problem with the steering wheels.

China's civil aviation regulator on Thursday formally approved Boeing Co's 787 Dreamliner for use in the country, clearing the way for Chinese airlines to start operating the aircraft, which has been plagued with problems.

China's civil aviation regulator on Thursday formally approved Boeing Co's 787 Dreamliner for use in the country, clearing the way for Chinese airlines to start operating the aircraft, which has been plagued with problems.

Lockheed Martin Corp is developing and building the F-35 Joint Strike Fighter, the Pentagon's most expensive weapons program, for three U.S. military branches and eight international partners.

General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts.

Boeing said it is 90% finished with retrofits of the battery system on its 787 Dreamliner and should finish the rest by next week.

Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.

Boeing Co Chief Executive Jim McNerney said on Wednesday customer interest in the 777X wide-body airplane is "high and still growing," and he expects to formally launch the aircraft program later this year.

Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.

AutoZone Inc , the largest U.S. auto parts retailer, reported a 7 percent rise in quarterly profit as costs fell.

The largest auto-parts retailer in the U.S. reported a 6.8% gain in third-quarter earnings amid stronger auto-parts and commercial sales.

The U.S. Air Force plans to start operational use of Lockheed Martin Corp.

Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income.

Investigators have raised questions over training and cockpit procedures at Indonesian budget carrier Lion Air after a preliminary report into a crash last month off Bali found the captain was not at the controls at a "critical time".

The German premium automaker  expects to reap a 'positive' contribution to group profit from every i3 electric vehicle sold.