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Ford plans $11 billion investment, 40 electrified vehicles by 2022

Bill Ford, executive chairman of the Ford Motor Company and Jim Hackett (R), President and CEO, present the 2019 Ford Ranger during the Ford press preview at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2018. REUTERS/Rebecca Cook   Detroit (Reuters) - Ford Motor Co will significantly increase its

Volkswagen brand car sales hit record 6.23 million in 2017

Detroit (Reuters) - Volkswagen’s core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe. Although the emissions test-cheating scandal of September 2015 has cost the German group

Plane dangles off cliff after skidding off runway in Turkey

A Boeing 737-800 of Turkey's Pegasus Airlines after skidding off the runway downhill towards the sea at the airport in Trabzon, Turkey, Sunday, Jan. 14, 2018. Trabzon Gov. Yucel Yavuz said all 162 passengers and crew on board were evacuated and safe early Sunday. The cause of the accident was

Dar, Kigali Agree On SGR Project

Dar es Salaam (Daily News) - Tanzania and Rwanda have agreed to construct a Standard Gauge Railway (SGR) network connecting Isaka in Shinyanga to Kigali, with the key goal of linking the landlocked country to the port of Dar es Salaam. President John Magufuli revealed the agreement in the city yesterday after

West Africa airlines to save $1bn yearly on Aircraft maintenance

Lagos (Punch) - Stakeholders in the aviation industry have said that Nigerian and West African airlines could save billions of dollars annually on aircraft maintenance with the establishment of Aero Contractors’ Maintenance, Repair and Overhaul facility at the Murtala Muhammed Airport, Lagos. The stakeholders made this known at the roll-out of the

Winter storm in U.S. causes widespread freight disruption at FedEx’s Memphis hub

A cold front moving east across the American Midwest region caused extensive flight disruption at FedEx’s Memphis International Airport (MEM). The airport is FedEx Express’ global hub, and the “substantial flight and sort disruptions” experienced will have widespread implications on express logistics. FedEx said that “potential delays are possible for package

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