Transportation

Ford’s first-quarter sales fell 17% as the automaker battled a chip shortage
Business

Ford’s first-quarter sales fell 17% as the automaker battled a chip shortage

An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide […]

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Hertz inks deal for 65,000 Polestar electric vehicles over five years
Travel

Hertz inks deal for 65,000 Polestar electric vehicles over five years

Polestar CEO Thomas Ingenlath and Hertz CEO Stephen Scherr join CNBC’s ‘Squawk Box’ to break down the pair’s new strategic partnership. Source

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Photos show world’s largest cargo plane destroyed in Ukraine
World

Photos show world’s largest cargo plane destroyed in Ukraine

A Ukrainian serviceman walks by the wreckage of a cargo aircraft at the military airport in the town of Hostomel, on the outskirts of Kyiv, on April 3, 2022. Narciso Contreras | Anadolu Agency | Getty Images New images have shown the destruction to what was the world’s largest cargo plane, the Antonov An-225, following […]

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Tesla is unable to restart Shanghai production on Monday
World

Tesla is unable to restart Shanghai production on Monday

A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. Aly Song | Reuters Tesla has notified workers and suppliers that production at its Shanghai factory will not resume on Monday as it had hoped, according to an internal notice shared with Reuters. Reuters reported earlier on Sunday that the […]

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Airlines cancel hundreds of weekend flights as thunderstorms sweep through Florida
Business

Airlines cancel hundreds of weekend flights as thunderstorms sweep through Florida

A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 U.S. […]

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U.S. NTSB helps China download voice record of crashed Boeing jet
World

U.S. NTSB helps China download voice record of crashed Boeing jet

Rescuers conduct search and rescue work at the core site of a recent plane crash in Tengxian County, south China’s Guangxi Zhuang Autonomous Region, March 26, 2022. Lu Boan | Xinhua News Agency | Getty Images The U.S. National Transportation Safety Board said Friday it was assisting Chinese investigators with the download of the cockpit […]

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Chinese EV players Xpeng, Nio and Li Auto see car deliveries surge in March
Technology

Chinese EV players Xpeng, Nio and Li Auto see car deliveries surge in March

Chinese electric carmakers Nio, Xpeng and Li Auto are facing several headwinds including higher raw material costs and a resurgence of Covid in China. However, they all posted a surge in March delivery volumes. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle start-ups Nio, Xpeng and Li Auto delivered more cars in March […]

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Tesla is unable to restart Shanghai production on Monday
Technology

Tesla extends Shanghai plant suspension amid lockdown, internal notice says

A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. Aly Song | Reuters Tesla has cancelled plans to resume production at its Shanghai factory on Friday and Saturday, an internal notice seen by Reuters showed, further delaying reopening of the manufacturing hub for its Model 3 and Model Y cars. […]

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With few new cars on lots, U.S. auto sales likely fell sharply in the first quarter, analysts say
Business

With few new cars on lots, U.S. auto sales likely fell sharply in the first quarter, analysts say

New Jeeps are displayed at a car dealership on October 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will likely report sharp sales declines for March and the first quarter, industry analysts say, as an ongoing shortage of new vehicles has left car-shoppers with few – and often expensive – choices. […]

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Jeff Bezos’ Blue Origin launches first New Shepard space crew of 2022
Business

Jeff Bezos’ Blue Origin launches first New Shepard space crew of 2022

The NS-20 crew, from left to right: Gary Lai, George Nield, Jim Kitchen, Marty Allen, Sharon Hagle, and Marc Hagle. Blue Origin Jeff Bezos’ Blue Origin launched its New Shepard rocket for the first time this year on Thursday, as the company sends more passengers on short trips to space. Called NS-20, this New Shepard […]

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