Oct 5- General Electric Co said it would sell its fixed-wing corporate aircraft financing business in the Americas to Global Jet Capital, a provider of financing for the private aircraft market.» Read More
Much has gone as expected at the Singapore Airshow. No big new orders. But certainly a lot of announcements coming from all corners of the globe nonetheless.
Automakers, both big and small, will launch a variety of models as soon as this year to ride the consumer shift to smaller, greener vehicles.
On Wednesday, disappointing earnings sent investors running for the exits stopping a comeback dead in its tracks. Is the correction back; what should you be watching?
What a start to the year has it been from airlines.
While Qantas' international business is suffering, its domestic operation - on the other hand - is thriving, Chief Executive Alan Joyce told CNBC on Monday.
It started with a deadly tragedy in summer last year that forced Toyota, which had received more than 2,000 complaints of unintended acceleration, to step up its own inquiry.
Federal regulators have cleared Toyota's plan to fix millions of sticky gas pedals, and dealers could get parts to make the repairs as early as Thursday or Friday.
From more than 160,000 reports, the Recovery Board reported late Saturday that from October through December, 599,108 jobs had been directly created by stimulus money.
An initial public offering at Tesla has been anticipated for months.
Ford has halted production of some full-sized commercial vehicles in China because they contain gas pedals built by the same company behind the accelerators in Toyota's recent recall.
President Obama's first appearance after the State of the Union address is in Tampa, Fla. on Thursday where he is expected to announce $8 billion worth of grants for high speed rail projects in the United States. More than a dozen projects will receive funds, spanning 31 states, but the biggest winners look to be Florida, Illinois and California.
More than half of the nearly 2,800 dealers General Motors and Chrysler Group want to close are appealing those decisions, the group handling the appeals said Tuesday.
Ford plans to add 1,200 jobs when it begins making the Explorer sport-utility vehicle in Chicago, according to Crains Chicago Business.
Transport stocks have been down in the last two days, but the Dow Jones Transport Index is up almost 19 percent over the last year. How much more room is there for these stocks to grow? Lee Klaskow, senior transportation and logistics analyst at Longbow Research, says it is time to start buying on the dips.
JetBlue said Wednesday it will decide within six months if its headquarters will stay in New York or land in a new city.
President Barack Obama's choice to lead the Transportation Security Administration withdrew his name Wednesday, a blow to an administration trying to explain how a man could attempt to blow up a commercial airliner on Christmas Day.
FedEx says it will raise prices at its freight and national trucking unit by 5.9 percent on Feb. 1.
The US auto industry is on the fast-track to recovery and will sell one million more vehicles this year than in 2009, Autonation CEO Mike Jackson told CNBC.
As the Detroit Auto Show kicks off, automobile executives shared their perspectives on the economy, vehicle demand and the industry's future.
As I walk around the Detroit Auto Show, the gloom and doom of last year has lifted. Replaced with cautious optimism. All is not well in Motown, but there are reasons to be optimistic.