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U.S. regulators are close to approving a key document that could start the process of returning grounded Boeing 787 Dreamliner to service within weeks, according to several people familiar with the matter.

Top executives from the automakers will meet to approve the first closure of a German car factory in decades.

German carmaker Daimler began selling its remaining stake in Airbus owner EADS on Tuesday as part of a wider overhaul of the European aerospace group's core ownership nearly 13 years after its creation.

The United States and European Union are set to lock horns again over aircraft subsidies in the latest round of a record trade dispute involving Airbus and Boeing .

Four Japanese automakers are recalling 3.4 million vehicles worldwide due to a faulty airbag supplied by the same company.

General Motors' loss-making European brand Opel is currently running at 70 percent capacity in three-shift operation, Opel production chief Peter Thom said, dismissing press reports that it was far lower.

German premium carmaker Daimler said it might cut its 2013 profit expectations this month, sparking sharp criticism from shareholders gathering for Wednesday's annual meeting, as Europe's car market shrank at an alarming rate.

The German premium carmaker is likely to cut its profit expectations for the year as European markets continue to weaken.

The car seller reported a 13% jump in fourth-quarter earnings, as sales in its used-vehicle and wholesale segments climbed.

Brazilian planemaker Embraer SA is looking to shock rivals with the price of its KC-390 military transport plane when it starts booking orders within the next 12 months, according to a senior executive.

Sergio Marchionne ruled out a capital increase to buy the 41.5% in U.S. unit Chrysler that Fiat does not already own.

Chinese state-owned automaker BAIC Motor could in the future build cars off vehicle architectures used to make Mercedes-Benz luxury cars, its German partner Daimler said.

Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner, data from both companies showed on Thursday.

European planemaker Airbus looks set to challenge Boeing for top place in the order race in the first quarter after falling behind its U.S. rival in 2012, data showed on Thursday.

General Motors  is recalling a small number of 2013 Buick Encores because the steering wheel could come loose or separate from the steering column.

The European Union's top trade official said on Saturday he wants financial services to be included in negotiations on an ambitious EU-U.S. free trade pact.

Fisker Automotive, which has not made a vehicle since July, placed its U.S. workforce on furlough this week as part of its effort to keep costs low while it continues to search for a strategic partner, the U.S. automaker said on Wednesday.

Airbus parent EADS won backing for sweeping changes in its structure, claiming "emancipation" from political interference as shareholders tore up a Franco-German ownership pact in favor of greater management freedom.

The owners of unlisted container shipping group Hapag-Lloyd said the planned merger with rival Hamburg-Sued has been called off because terms could not be agreed.

An outburst in Australia this week by the Pentagon's chief buyer for the costly F-35 Joint Strike Fighter risks undermining the program at home and abroad, U.S. defense officials and industry experts say.