Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Boeing agrees to buy fuselage maker Spirit AeroSystems in .7 billion deal

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises. … Read more

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters U.S. prosecutors plan to seek a … Read more

All the car options on the ‘electrified’ market

All the car options on the ‘electrified’ market

GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them. Courtesy: GM DETROIT — Purchasing a vehicle has never been that easy. But shoppers entering traditional dealer showrooms for the foreseeable future may have a … Read more

$30,000 EV coming in two and a half years, at a profit

,000 EV coming in two and a half years, at a profit

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. Farley did … Read more

Record summer air travel is starting, and flight hassles and delays

Record summer air travel is starting, and flight hassles and delays

Travelers walk with their luggage outside the international terminal at Los Angeles International Airport (LAX) ahead of the July 4th holiday travel period on June 25, 2024 in Los Angeles, California.  Mario Tama | Getty Images Summer air travel is expected to soar in the United States. The Transportation Security Administration screened a high of … Read more

Boeing delays Starliner return, NASA says astronauts aren’t stranded

Boeing delays Starliner return, NASA says astronauts aren’t stranded

Boeing’s Starliner spacecraft is pictured docked to the International Space Station orbiting above Egypt’s Mediterranean coast on June 13, 2024. NASA NASA and Boeing are further extending the first Starliner crewed flight but are not yet setting a new target date for returning the capsule to Earth, the organizations announced on Friday. Boeing’s Starliner capsule … Read more

Tesla loses its EV quality edge

Tesla loses its EV quality edge

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California on May 15, 2024.  Patrick T. Fallon | AFP | Getty Images Tesla is losing its lead over legacy automakers in the quality of its new all-electric vehicles, according to an annual influential study … Read more

Rivian investor day focuses on cost reductions, efficiency gains

Rivian investor day focuses on cost reductions, efficiency gains

A Thursday investor event for Rivian Automotive that focused on cost-cutting efforts, efficiency gains and in-house technologies and software wasn’t enough to build upon the company’s significant share growth this week. Shares of the all-electric vehicle startup were down by roughly 2% to 6% for much of the event, eating into some of its 23.2% … Read more

Chinese automakers expected to achieve 33% global market share by 2030

Chinese automakers expected to achieve 33% global market share by 2030

A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex in Guangzhou, Guangdong Province of China, on Nov. 17, 2023. Vcg | Visual China Group | Getty Images Chinese automakers are expected to continue to rapidly expand outside of their home … Read more

SpaceX wins NASA contract for ISS reentry destruction

SpaceX wins NASA contract for ISS reentry destruction

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters NASA will have a spacecraft from Elon Musk’s SpaceX guide the International Space Station’s destruction later this decade, the agency announced Wednesday. The National Aeronautics and Space Administration awarded an $843 … Read more