Transportation

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.

Boeing Co has high confidence that the proposed fix for the lithium-ion batteries on its grounded 787 passenger jet will work, Chief Executive Jim McNerney said on Thursday.

Cadillac chief Bob Ferguson expects the brand to record sales growth of 32% in the U.S. and 50% in China.

A Boeing Co 787 Dreamliner took to the sky on Monday in the first of two flights aimed at showing that the plane's new lithium-ion battery system meets regulatory safety standards, a key step toward ending a two-month, worldwide grounding of the high-tech jet.

Boeing Co said it plans a two-hour flight of a company-owned 787 airliner on Monday, to be followed by ground and flight certification tests of proposed changes to the 787's lithium ion batteries in coming days.

German airline Lufthansa is willing to accept more strikes if necessary, including the participation of its pilots, to get the flexibility it needs, Chief Financial Officer Simone Menne told reporters in New York.

Dutch delivery group TNT Express , which was the target of a failed $7 billion takeover by United Parcel Service , said on Monday it will cut 4,000 jobs over the next three years.

Japan's Civil Aviation Bureau said on Friday that preparations are not yet complete for any test flight of Boeing Co's grounded 787 Dreamliner this week.

Deutsche Lufthansa has canceled more than 500 flights after German union Verdi called on 33,000 workers at the company to go on strike on Thursday over a wage dispute.

The world's airlines nudged up their profit forecasts for 2013, reflecting growing confidence in the global economy and the financial performance of airlines, the International Air Transport Association said on Wednesday.

The premium automaker expects earnings to stagnate this year as costs for new model launches, capacity expansion and fuel-efficient technology eat up higher profits from selling more cars.

The abrupt resignation of Fisker Automotive's founder Henrik Fisker was prompted by disagreements with the company's chief executive over funding and operational strategy, two people familiar with the matter said.