FILE PHOTO: The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan October 26, 2015. Photo taken October 26. DETROIT (Reuters) - Major automakers posted mixed U.S. new vehicle sales in October on Wednesday, though America’s love affair with high-margin pickup trucks and SUVs was
Business
Honda profit slips on air-bag woes despite sales growth
Honda Motor's logo is seen on Civic sedan car at its showroom in Tokyo, Japan October 4, 2017. REUTERS/Kim Kyung-Hoon Honda had agreed to a $605 million settlement in the U.S in September over faulty Takata air-bag inflators in its cars TOKYO (AP) — Honda Motor Co.’s fiscal second-quarter profit slipped compared to
Med-View Airline begins flight services to Cote d’ Ivoire, Guinea and Senegal
Med-View Airline Boeing 737-500 - airline to commence flights to Jeddah by the end of 2017 Med-View Airline has announced it has begins flight services to Abidjan, Cote d’ Ivoire; Conakry, Guinea; and Dakar, Senegal. Med-view commenced flight services into Francophone West Africa with its Boeing 737-500 as part of its expansion plans. Med-View
3PLs not worried about competition from Amazon…yet
Between Amazon’s rapid growth and unpredictability, third-party logistics providers say it is definitely a looming concern as to whether the e-commerce giant will be a threat to their business in the future. E-commerce giant Amazon appears to be gaining ground in many aspects, between boosting net sales and continuously increasing its
Airbus in Talks With U.S. Regulators About Compliance Violations
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 European planemaker Airbus SE on Tuesday revealed the existence of discrepancies in its regulatory filings related to US arms trafficking rules. It disclosed it is in talks
Nissan’s October passenger car sales in Japan fell by half amid scandal
Nissan Motor Co said Japan sales of new passenger vehicles probably fell by half in October from a year ago after the discovery of improper final inspection procedures at its domestic plants caused it to suspend some production. The Japanese automaker found last month that uncertified technicians had been carrying out final
Why the explosive growth of e-commerce could mean more jobs
Tesla bought an old GM-Toyota factory and made it cool — but in its former life it built a lot more cars
Inside the Tesla factory. Benjamin Zhang/Business Insider Tesla's factory in California has a theoretical manufacturing capacity of 500,000 annually. Toyota and GM built almost that many there in 2006. Tesla is struggling to hit its manufacturing targets for the Model 3. Its factory produced close to 450,000 vehicles annually when it
EasyJet to take over planes from bankrupt Air Berlin
Airberlin jets at Tegel airport in Berlin German BERLIN (AP) — Budget airline Easyjet says it has reached an agreement with Air Berlin to buy parts of the bankrupt German airline as part of a 40-million euro ($46 million) deal. The British airline said Saturday in a statement it will acquire “certain
Nigeria’s law makers Wade into FAAN, Bi-Courtney Disagreement over MMA2
Murtala Muhammed International Airport (MM2), Lagos Lagos - Nigerian's national assembly joint committee on Aviation has promised to resolve the protracted disagreement between the Federal Airports Authority of Nigeria (FAAN) and Bi-Courtney Aviation Services Limited (BASL) over the concession of the domestic terminal of the Murtala Muhammed International Airport (MMIA), Lagos. The terminal