*Australia, S.Korea just signed free trade agreement. SEOUL/ SYDNEY, Dec 6- General Motors Co may consider shipping more South Korean-made cars to Australia, a source said on Friday, as part of a global restructuring that will see its Chevrolet brand in Europe dropped and production in Australia potentially scrapped.» Read More
Ford Motor said Thursday its redesigned Ka city car would debut in the upcoming Bond film "Quantum of Solace," scheduled for release in North America on Nov. 7.
The Federal Aviation Administration has accused American Airlines of safety and drug-testing violations.
General Motors has had preliminary contact with Russian oligarch Oleg Deripaska on a possible sale of its Hummer brand, sources familiar with the matter said.
Toyota Motor sees an opportunity to increase sales through vehicle leasing as U.S. automakers pull back, Toyota U.S. sales chief said on Wednesday.
GM chief Rick Wagoner said there was significant interest in the auto maker's planned sale of up to $4 billion of assets as it battles record losses and falling sales, but no deals were expected soon.
Boeing has announced the first cancellation of an order for its delayed 787 Dreamliner, signaling that airlines may be getting impatient for deliveries of the new, fuel efficient plane.
The board of directors at General Motors remains supportive of Chief Executive Rick Wagoner, despite the company's recent, unexpected $15.5 billion loss, the Wall Street Journal reported Tuesday.
Airlines must "change the rules" in order to survive high oil prices and the other challenges the industry faces, said Doug Parker, chairman and CEO of US Airways Group.
General Motors investors expect the No. 1 U.S. automaker to post a steep second-quarter loss on Friday, reflecting the pressure from a deepening downturn in the U.S. auto industry.
Automakers are expected to report on Friday that U.S. auto sales fell for a ninth consecutive month in July, as the industry hits its worst showing in 15 years.
General Motors is in talks with Indian automaker Mahindra & Mahindra to sell its iconic Hummer brand, sources familiar with the matter said.
JetBlue's chief executive agreed to halve his salary on Monday in a show of solidarity with employees as the low-cost carrier struggles with soaring fuel prices and a slowing U.S. economy.
General Motors says it's cutting production by another 117,000 vehicles as a result of lower demand for pickup trucks and SUVs.
Chrysler's financial arm is planning to stop offering vehicle lease options to consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday.
General Motors trailed Japanese rival Toyota Motor in global vehicle sales decisively through the second quarter and first half of the year, hurt by a large decline in North America.
Delta Air Lines and AMR both swung to a hefty losses, but their shares took off as the results beat diminished forecasts.
Boeing on Wednesday raised its outlook for spending on commercial airplanes over the next 20 years by 14 percent, helped in part by an expected 5 percent rise in worldwide air travel and the demand for new, more fuel-efficient planes.
General Motors is developing plans to cut costs and improve its "cash and funding position," Chief Executive Rick Wagoner said in an e-mail to the automaker's managers and team leaders.
General Motors may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.
Toyota Motor Corp plans to install solar panels on some Prius hybrids in its next remodelling, responding to growing demand for "green" cars amid record-high oil prices, a source briefed on the matter said on Monday.
And Ford is targeting the global market: The newest Mustang was unveiled in six cities around the world on Thursday.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.