Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the "challenge of our lifetime."
Alphabet Inc is shutting down Loon after concluding the business, which offers balloons as an alternative to cell towers, is not commercially viable, Google's parent company said on Thursday.
Volkswagen's profit almost halved last year due to the impact of the pandemic, but a rebound in premium car sales in China and stronger deliveries in the fourth quarter helped keep the world's largest carmaker in the black.
An Indian state's move to block General Motors (GM) from shutting a plant and exiting the country defies the state's business friendly image and sends a "concerning message" to potential future investors, the U.S. automaker said on Friday.
It is the end of January, so time for the Davos World Economic Forum (WEF), and Chinese President Xi Jinping, German Chancellor Angela Merkel, Japanese Prime Minister Yoshihide Suga and European Central Bank chief Christine Lagarde are among this year's big-name speakers.
Stellantis Chief Executive Carlos Tavares is touring the group's Italian plants, getting relations with local unions off to a good start as the newly-formed automaker seeks over 5 billion euros ($6.1 billion) a year in savings.
Tesla Inc is gearing up for an India launch but the U.S. electric carmaker is likely to remain a niche player for years, catering only to the rich and affluent in the world's second-most populous nation.
Ford Motor Co said on Thursday it will recall 3 million vehicles for air bag inflators that could rupture, at a cost of $610 million.
Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around $5 billion, according to people familiar with the matter.
Union Pacific Corp, one of the largest U.S. freight railroad operators, on Thursday reported better-than-expected quarterly profit, bolstered by higher shipping volumes of grain, refrigerated food and drinks, and retail goods.
Airbus has slowed a planned ramp-up of A320 aircraft production, the European planemaker said, as the coronavirus travel slump takes a growing toll on its airline clients.
BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle portfolio, its finance chief told Reuters.
KLM said it would cut an additional 1,000 jobs in 2021 and warned on Thursday that government plans to require all passengers and crew to pass a COVID-19 test before flying to the Netherlands would ground its long-haul flights.
Southwest Airlines Co said on Thursday it would vaccinate its employees against COVID-19 for free once a vaccine has been made widely available in the United States.
Volkswagen faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday.
Tesla Inc's vehicle registrations in the U.S. state of California jumped nearly 63% during the fourth quarter compared with last year, largely due to the success of the company's Model Y, according to data from Cross-Sell https://info.cross-sell.com/tesla-special-report-0, a research firm that collates title and registration data.
Daimler AG's Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to consumers to meet targets in Europe and China.
The sales chief of Daimler's Mercedes unit is confident that the company will sort out semiconductor bottlenecks with suppliers and minimise the impact on customers, she said on Wednesday.
A former Nissan executive, Paul Willcox, will become the new boss of carmaker Stellantis' British brand Vauxhall, the company said on Wednesday as an investment decision looms for its English car factory.