Transportation

"Progress" on EADS-BAE merger as deadline nears

The boards of EADS and BAE Systems prepared to weigh the results of weeks of tough political negotiations over a $45 billion merger on Tuesday with momentum building for an extension to a Wednesday deadline for the deal.

Spotlight on Germany as EADS, BAE inch towards deal

EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger to create the world's biggest arms group amid positive signals from Britain and France, but German misgivings over control is a big obstacle, sources close to the talks said.

Truck wheels a bright spot in gloomy quarter for Alcoa

Oct 5 Reuters) - Tighter environmental standards are forcing truck makers to use more aluminum in manufacturing to save weight, a trend that could make Alcoa's business making wheels for commercial vehicles a bright spot in its earnings release next week.

Truck wheels a bright spot in gloomy quarter for Alcoa

Oct 5 Reuters) - Tighter environmental standards are forcing truck makers to use more aluminum in manufacturing to save weight, a trend that could make Alcoa's business making wheels for commercial vehicles a bright spot in its earnings release next week.

Toyota China sales tumble as islands row hits Japan Inc

Toyota Motor Corp's China sales fell about 40 percent in September from the year before, while those of rivals such as Hyundai and BMW jumped, underscoring how badly Japanese brands have been hit by a territorial row between the two countries.

Car sales in austerity-hit France, Spain fall further

Car sales dropped further in austerity-hit France and Spain last month, and France's CCFA auto industry association cut its full-year market forecast, highlighting the pain for automakers that have warned there is no recovery in sight.

GM-Peugeot drop car plan from re-jigged alliance

General Motors and PSA Peugeot Citroen, daunted by likely political roadblocks, scrapped plans for a joint mid-size car programme within their nascent alliance while adding engine cooperation.