Boeing Co. (NYSE: BA), the largest U.S. aerospace manufacturer, said Tuesday it had reached a deal with Kuwaiti airplane leasing company ALAFCO to sell 20 Boeing 737 aircraft valued at $1.9 billion, its second big deal at the Farnborough Airshow in England.
Roland Li
Jul 10, 2012
The P180 Avanti II is striking. Even stationary on the tarmac, the plane from Italian aerospace company Piaggio Aero looks like it will rise into the air with the slightest breath of breeze, a magnificent Roc ready to take to the skies and transport its travelers to wondrous lands, or the Essex County Airport in Caldwell, New Jersey, in other circumstances.
Benjamin Reeves
Jun 04, 2012
Continued strong car sales were joined by a surge in truck and SUV demand to drive a 12.6 percent growth in May U.S. sales for Ford Motor Company (NYSE: F), which cited demand for fuel efficient vehicles as a primary driver of growth.
Benjamin Reeves
Jun 01, 2012
The now-familiar call for Washington to lower energy costs by increasing domestic production of oil may not be the most effective policy, according to this month's Congressional Budget Office report on the nation's energy security.
Pierre Bertrand
May 11, 2012
Ford Motor Company (NYSE: F) sales dropped 5 percent in April, despite sales growth for its Explorer, F-series trucks, Fusion and Edge vehicles, the company reported Tuesday.
Benjamin Reeves
May 01, 2012
Chrysler Group LLC said Tuesday that U.S. auto sales rose by 20 percent in April, the strongest result in four years and another sign of a resurgent auto industry.
Roland Li
May 01, 2012
AutoNation Inc. (NYSE: AN), Penkse Automotive Group Inc. (NYSE: PAG) and Sonic Automotive Inc.( NYSE: SAH), the three largest auto dealer groups, each reported profit growth in the first quarter, demonstrating the quarter's strong auto sales.
Benjamin Reeves
Apr 25, 2012
Nissan Motors' Sentra variants may not have left much of an impression with the consumers. However, a redesigned version of the compact sedan is notably a cause for excitement.
ambrosia sabrina
Apr 25, 2012
Delphi Automotive Plc (DLPH) reported earnings per share of $1.04 for the first quarter of 2012 on Tuesday, up 247 percent since last year, and beating analyst predictions as revenue and income rose for the automotive electronics supplier.
Benjamin Reeves
Apr 24, 2012
Environmental advocacy group the Sierra Club endorsed President Obama Wednesday, supporting his 2012 reelection campaign.
Ryan Villarreal
Apr 18, 2012
48 years after the debut of the original Mustang, the Ford Motor Company has decided to give the Pony Car a complete makeover for. The new model is said to be gearing up for a 2015 release.
Carey Vanderborg
Apr 18, 2012
U.S. sales of autos surged in March as consumers decided to replace aging gas-guzzlers and take advantage of low interest rates, especially to buy fuel-efficient vehicles.
Mike Obel
Apr 03, 2012
Auto sales continued a robust pace in March, boosted by consumers with more confidence in a recovering U.S. economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.
IBT Staff Reporter
Apr 03, 2012
General Motors Co. announced its March car sales were up 11.8 percent Tuesday on the strength of Chevrolet sales.
Benjamin Reeves
Apr 03, 2012
Ford Motor Co. had its strongest March car sales in five years, increasing sales 5 percent over last year, the company reported Tuesday.
Benjamin Reeves
Apr 03, 2012
President Barack Obama is embarking on a two-state tour to tout his administration's energy policies, reflecting how high gas prices have moved to the forefront of the presidential race.
Jeremy White
Mar 21, 2012
An executive from Boeing Co has denied claims by the Indian government that the company has agreed to pay $500 million for aircraft delivery delays.
Monami Thakur
Mar 15, 2012
In an auto industry placing increased emphasis on fuel economy in its vehicles, Ford Motor Co. serves as the poster child. The average fuel economy of Ford's sold passenger vehicles and trucks jumped by an average of 4.9 miles per gallon in February from the year-ago period. Unsurprising in those results is the credit due to the Ford Fusion and Focus, on which the company has placed an emphasis on greater fuel economy.
Brett LoGiurato
Mar 12, 2012
President Barack Obama Tuesday held his first news conference of 2012, touching on a variety of topics including Iran's nuclear ambitions, gas prices, immigration reform and Rush Limbaugh's remarks on Georgetown Law student Sandra Fluke.
Dan Rivoli
Mar 06, 2012
For those purchasing a new car and looking to save on gasoline prices, here is a list of the top 15 fuel efficient cars out on the market, according to ConsumerReports.org.
Pierre Bertrand
Feb 20, 2012
Boeing signed a record $22.4 billion order for 230 aircrafts with Indonesian budget airline PT Lion Mentari Airlines.
Joseph Orovic
Feb 14, 2012
The average fuel economy of 2012 model year vehicles is 14 percent higher than the same mark of just four years earlier, according to a University of Michigan study, confirming automakers' push to appeal to consumers' desires for more fuel efficient vehicles.
Brett LoGiurato
Feb 13, 2012