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FILE PHOTO: Nighttime aerial view of vehicle traffic along Interstate 405

U.S. demands recall of 67 million air bag inflators

WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator's request, documents released on Friday show.

Family members of crash victims attend as Boeing's Muilenburg testifies...

US Senate panel to hold March 8 hearing on FAA reform efforts

WASHINGTON (Reuters) -The U.S. Senate Commerce Committee on Thursday said it would hold a March 8 hearing on efforts by the Federal Aviation Administration (FAA) to reform how it certifies new airplanes after two Boeing 737 MAX crashes killed 346 people.

Cars are seen parked at the port in Bayonne, New Jersey

U.S. lender Citizens stepping back from auto loans - CEO

U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as it becomes cautious on certain businesses as it factors in risk of a recession, its chief executive officer said in a interview.

An employee of Israeli startup AIR sits in a prototype of AIR ONE, an...

Israeli startup makes inroads with personal flying vehicle

An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone the developer says will help it reach the market in the next two years.

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