Tag: Transportation
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China’s Geely to make EVs at Ford plant in Spain under new joint venture
Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.
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Southwest Airlines’ third-quarter forecast falls short as fuel bill climbs
Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
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Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.
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GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
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General Motors is set to report earnings before the bell. Here’s what Wall Street expects
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
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Archer stock rips 20% higher as company unveils military craft with Anduril
Archer and its eVTOL peers are racing for FAA certification to start flying their air taxis commercially.
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JetBlue wins Spirit slots at LaGuardia Airport, eyes move to Marine Air Terminal as airlines fight for space
JetBlue Airways won takeoff and landing slots for up to 12 roundtrip flights at LaGuardia Airport.
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American Airlines CEO lays out his vision to close a more than $3 billion profit gap
The carrier is working on improving reliability, investing in more premium seats and lounges, and considering Boeing and Airbus for a new wide-body plane order.
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FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The move is a vote of confidence in Boeing from the U.S. government.
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Amazon’s Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
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