Transportation
GM ditching ‘Ultium’ name for batteries, tech amid EV changes
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it […]
Read More
Boeing delivers 33 jets in September but strike impact looms
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC Boeing delivered 33 airplanes in September, six more than during the same period a year earlier, as the company and its customers keep an eye on the impact of a machinist strike, now in its fourth week. Through September, Boeing has handed over […]
Read More
Airlines, theme parks, cruise lines warn travelers about Hurricane Milton disruptions
A message board at the Tampa International Airport shows all American Airlines departing flight canceled Tuesday, Oct. 8, 2024, in Tampa, Fla., due to the possible arrival of Hurricane Milton. Chris O’Meara | AP Airlines canceled hundreds of flights, theme parks prepared to close some areas and cruise lines shifted routes as Floridians braced for […]
Read More
GM investor day: Cruise, cash and EV profits top of mind for Wall Street
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t […]
Read More
FAA authorizes flight for SpaceX Falcon 9 vehicle
TOPSHOT – A SpaceX Falcon 9 rocket with Expedition 72 astronauts lifts off from launch complex 40 at Cape Canaveral Space Force Station in Florida on September 28, 2024. Gregg Newton | Afp | Getty Images The SpaceX Falcon 9 vehicle is authorized to return to flight for a planned mission scheduled to launch on […]
Read More
A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]
Read More
Spirit tumbles to record low on report it’s exploring a bankruptcy filing. Here’s how it got here
A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024. Mike Blake | Reuters Spirit Airlines shares tumbled to a record low on Friday after a report that it’s exploring Chapter 11 bankruptcy protection. The carrier faces a deadline this month to renegotiate more than […]
Read More
Stellantis files federal lawsuit against UAW union over strike threats
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has […]
Read More
GM halts production at two major U.S. plants due to Hurricane Helene
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts […]
Read More
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual […]
Read More