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Volkswagen Group earmarking $11.8 billion to develop, build China electric cars

A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam GUANGZHOU/BEIJING (Reuters) - Volkswagen Group said on Thursday it plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with

Airbus lands £38bn deal for record 430 budget airline planes

Photograph: A logo of Airbus is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse   Airbus has announced it is to sell 430 models of its A320neo aircraft in a deal worth £38bn. Dubai (The Guardian) - Order signed

EU set to fine seatbelt, airbag cartel in coming weeks

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BRUSSELS (Reuters) - The EU is set to fine a group of car seatbelt and airbag makers in the coming weeks, three people familiar with the matter said on Wednesday, the latest regulatory crackdown on price-fixing in the sector. The decision by the European Commission follows a six-year-long investigation which began

Amtrak’s lax safety culture led to crash that killed

On April 3, 2016, Amtrak investigators inspect the deadly train crash in Chester   Says Federal investigators at the U.S National Transportation Safety Board (NTSB) PHILADELPHIA (AP) — Federal investigators said Tuesday they found major lapses in how Amtrak deals with safety, including more than two dozen hazardous conditions at the work zone near

South African Train Driver Comes Under Attack for Refusing to Jump Red Signal

Train driver comes under attack for refusing to jump red signal. 2017-11-14 14:59. Jenni Evans. Metrorail train. (Duncan Alfreds, News24) Johannesburg (News24) - Angry train passengers rounded on a female train driver who refused to jump a red signal in KwaZulu-Natal on Tuesday morning, the United National Transport Union (UNTU) said on

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