Transportation

BMW of North America will recall 29,800 X5 utility vehicles with diesel engines to replace an engine part that could break and cause a loss of power steering, federal safety officials said Thursday.

Germany's state controlled bank KfW plans to buy a 4.

The French auto market is on course for its worst performance in 15 years in 2012, the CCFA industry association said as it reported a 19.

An imminent shake-up of EADS is expected to lead to a rise in state shareholdings in Europe's largest aerospace group, but in reality merely changes the rules for what is already a wary co-habitation.

U.S. conglomerate General Electric has agreed to buy the aviation business of Italian aerospace company Avio for 3.

Talks between General Motors' Opel unit and France's PSA Peugeot Citroen on joint vehicle development are on track, while there are no plans at this stage to build cars together, Opel's interim chief executive told a newspaper.

The auto maker said less than 1% of GM's salaried employees in the U.S. typically receive annual bonuses of up to 50% or more.

Ford told its dealers to stop taking orders for its black and red vehicles due to shortages of pigment caused by the earthquake and tsunami in Japan.

Boeing Co said on Monday it was moving ahead with plans for a stretch version of its fuel-efficient 787 Dreamliner but added that more work is needed before it obtained approval for an official launch.

Boeing Co said on Monday it was moving ahead with plans for a stretched version of its fuel-efficient 787 Dreamliner but added that more work is needed before it obtained company approval for an official launch.

As a U.S. Navy commander, Jose Luis Sanchez helped oversee operations in an area spanning Japan, Russia, Singapore, Australia and many other countries across Asia.