A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty Images DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced … Read more
A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system in order to drive up revenue, CEO Bob Jordan said told CNBC Thursday. … Read more
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects to grow capacity 4% this … Read more
A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024. Charly Triballeau | Afp | Getty Images American Airlines swung to a loss in the first quarter but its forecast for the current period surpassed … Read more
A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024. Wang Zhao | AFP | Getty Images BEIJING — Self-driving taxis won’t be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday. That prediction comes as Elon Musk has promoted … Read more
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday. Here is what Wall Street expects, based on average analyst estimates compiled by LSEG: Earnings per share: 42 cents adjusted Automotive revenue: $40.10 billion … Read more
If an airline cancels your flight, remember that you’re entitled to a full refund. Bunhill | E+ | Getty Images The Biden administration on Wednesday unveiled two new rules that will directly affect the millions of Americans who fly commercially every year. The first rule requires airlines to be more transparent about extra fees. The … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s quarterly report on Wednesday will be the most complete accounting to date of the fallout from the midair loss of a door plug from a 737 Max … Read more
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 9% in premarket trading on Tuesday after … Read more
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street expects General Motors to report solid, if not “resilient,” results for the first quarter of … Read more
