Transportation

The head of Indonesia's Lion Air said after a placing a record Airbus order on Monday that he would use the aircraft to start up new airline ventures underpinned by strong demand in Asia.

French President Francois Hollande will meet Airbus president Fabrice Bregier on Monday to discuss "a major industrial deal," Hollande's office said in a statement on Sunday.

Boeing on Friday chose General Electric Co as its sole engine partner for the forthcoming 777X, indicating that the U.S. aircraft maker was going ahead with the next generation of its most profitable plane.

General Motors Co's Chevrolet brand is consolidating its global advertising, undoing a partnership created a year ago between Interpublic Group's McCann Worldgroup and Omnicom Group's Goodby, Silverstein & Partners.

Volkswagen , Europe's biggest carmaker, will step up production in fast-growing emerging markets like China to offset deteriorating demand closer to home, it said on Thursday.

A Japanese transport ministry official said on Friday that it knew of past incidents involving circuit boards on Boeing Co Dreamliners operated by All Nippon Airways Co (ANA), but authorities do not think they are linked to the jet's battery problems.

French carmaker Renault has won support from workers for a nationwide deal on pay and conditions to boost its competitiveness as a second union gave its backing to the move on Wednesday.

Car sales in Europe are at the low end of expectations and the market is likely to remain shaky for at least five years as the region implements austerity measures to cut its debts, industry executives warned on Tuesday.

Europe's ailing car market has weakened further in recent months; and with no signs of recovery, some industry leaders hope governments will relax their opposition to plant closures and job cuts needed to restore profits.

Boeing said this week it can move "really fast" to get its 787 Dreamliner back into the skies once regulators approve a fix for burning batteries on board the plane.

Global air freight traffic rose 4.

Delta Air Lines Inc said on Monday it expects to produce 40,000 barrels-per-day (bpd) of jet fuel at its 185,000 bpd Trainer, Pennsylvania, refinery by the end of the year, a lower rate than Delta's initial goal when it bought the refinery last year.

General Motors brand Opel aims to match last year's sales level of more than 1 million vehicles in Europe in 2013 thanks to the launch of the new Adam subcompact and Cascada cabriolet models.

India is seeking to cancel a $750 million order for a dozen helicopters from Italian defense group Finmeccanica, the defense ministry said on Friday, escalating its response to kickback allegations.

General Motors Co paid $119 million in September to buy back a 1 percent stake in its joint venture with its top Chinese partner SAIC Motor Corp , which it had given up ahead of its 2009 bankruptcy.

The boards of AMR Corp and US Airways Group separately met on Wednesday and approved a merger agreement, a person familiar with the matter said.

India will blacklist Finmeccanica SpA and cancel a deal to buy 12 helicopters from the Italian defense group if allegations of bribery are proven against the company, Defense Ministry A.

Fiat SpA's Alfa Romeo will outsell stablemate Fiat in the United States once the sporty brand gets a foothold in its new market and expands to sell larger models, an executive with Fiat-owned Chrysler Group said on Saturday.

Ryanair is to reduce its capacity at London's Stansted airport by about one million passengers over the next year after the airport increased charges by 6 percent, the airline said on Thursday.

All Nippon Airways Co Ltd said on Friday it was not considering any change to its orders of troubled 787 Dreamliner jets and that it believed Boeing Co was making significant progress in resolving problems.