VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: ViFast Handed Another $1 Billion Vietnamese automaker VinFast is really trying to get itself taken seriously … Read more

Airbus lifts A350 rate, highlighting edge over Boeing

Airbus SE will further increase production of its advanced A350 widebody jet as the planemaker benefits from surging demand for long-distance travel and the crisis engulfing arch-rival Boeing Co.The European planemaker is moving to a rate of 12 A350 jets a month by 2028, superseding previous plans to reach 10 by 2026, it said as … Read more

Tesla Hopes New Models Can Shore Up A 55 Percent Drop In Profits

Good morning! It’s Wednesday, April 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Profits Drop 55 Percent Tesla doesn’t seem … Read more

US Congress summons Boeing’s CEO to testify on its jetliner safety following new whistleblower charges

A Senate subcommittee has summoned Boeing CEO David Calhoun to testify about the company’s jetliners in an inquiry prompted by new safety-related charges from a whistleblower. The panel said it will hold a hearing next week featuring a Boeing quality engineer, Sam Salehpour, who is expected to detail safety concerns involving the manufacture and assembly … Read more

Ford Delays New Electric Vehicles As Sales Falter, Joins Pivot To Hybrids Instead

Good morning! It’s Friday, April 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Volvo’s Newest EV Is The Cheapest Volvo You Can Buy In The U.S. 1st Gear: Ford Delays New … Read more

United offering time off to pilots, pointing to delays in Boeing deliveries

United Airlines is offering its pilots time off for the month of May, pointing to “recent delays in Boeing deliveries.” “We can confirm that due to the recent delays in Boeing deliveries, our forecasted block hours for 2024 have been reduced and we are offering our pilots voluntary programs for the month of May to … Read more

Biden Jokes About Boeing With Stephen Colbert At Campaign Reception

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more

Two Delta Planes Touched Tips, And Apparently That’s Bad Now?

Screenshot: KSTP TV If you’ve been paying attention to the airline industry lately, you’re probably aware there’s been a string of incidents that Boeing probably wishes hadn’t made the news. Considering how much negative attention Boeing has attracted recently, including news that its CEO plans to resign, it would be understandable if you assumed any … Read more

Ryanair CEO says airline found parts missing from Boeing planes – National

The CEO of Ryanair, one of the largest low-cost carriers in the world, said the airline has been voicing its concerns over the quality of Boeing aircraft for the past 18 months, according to a video interview last week with CNN. Michael O’Leary said that issues started arising in 2022 and 2023. “We were finding … Read more

Boeing CEO Dave Calhoun to step down at end of 2024 – National

Descrease article font size Increase article font size After months of technical failures, injuries and mid-air danger, the head of Boeing announced he is stepping down at the end of the year. Company president and CEO Dave Calhoun and other senior company leaders announced they were leaving in a statement released early Monday morning. The … Read more