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Top automakers warn China is becoming a direct threat to U.S. carmakers
Major U.S. and global automakers are no longer speaking in cautious generalities about Chinese competition. They are warning that China’s fast-rising car industry now represents a direct, immediate threat…
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Boeing delays delivery of the next Air Force One yet again
The next generation of Air Force One, already years behind schedule, is now not expected to carry a president until the middle of 2028, extending a saga of delays…
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CarMax reports weaker earnings as used car demand cools
CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as shoppers balk at high prices and elevated…
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U.S. drops investigation into nearly 568,000 Hyundai vehicles over seat belt concerns
Federal safety regulators have closed a high profile investigation into seat belt problems in nearly 568,000 Hyundai sport utility vehicles after the automaker launched a sweeping recall and repair…
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