Transportation
Boeing airplane orders rise to highest level since late 2023 ahead of Paris Air Show
Boeing 737 aircraft fuselages are pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing‘s gross orders for new airplanes hit 303 last month, the most since December 2023, as the company makes strides against its rival Airbus and works to stabilize production of […]
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China extends an olive branch to Western auto giants over rare earth shortage
Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. […]
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Trump wants to bring manufacturing jobs back. The aviation industry can’t hire fast enough
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle. The average age of a certified […]
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Why it’s getting even harder to get into airport lounges now
Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able […]
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Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with […]
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Used vehicle prices ease from tariff fear-buying highs but remain elevated
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Used vehicle prices last month eased from their recent high in April as consumers who may have needed a vehicle but feared price hikes due to tariffs flocked […]
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Tesla jumps 5% in premarket trading as stock reels from Trump-Musk drama
A Tesla car dealership stands on June 5, 2025 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Tesla shares climbed in U.S. premarket trading Friday after tensions between CEO Elon Musk and President Donald Trump fueled a $152 billion rout for the stock a day earlier. Shares of Tesla were […]
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‘Car Wars’: Five auto insights investors should know from top BofA analyst
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — The automotive industry is experiencing unprecedented disruption and uncertainty when it comes to regulations, electric vehicles, software innovations and competition from China. Such disruptions have been years in the making, but many of the issues are coming to […]
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Ram resurrects Hemi engine for popular pickup trucks in ‘Symbol of Protest’
DETROIT — Stellantis is resurrecting its popular V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer. The return of the 5.7-liter engine comes after the company discontinued the powertrain amid tightening fuel economy regulations and a company-wide push toward electric vehicles and more efficient engines last year under ex-Stellantis CEO Carlos […]
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Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup
Nikesh Arora, CEO of Palo Alto Networks, appears on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nikesh Arora, the CEO of Palo Alto Networks, is joining Uber‘s board of directors, the company announced in a regulatory filing Wednesday. It comes amid a broader […]
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