Xpeng plans to hire 4,000 people, invest in AI as CEO warns intense EV rivalry may end in ‘bloodbath’

The Xpeng G9 SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at…

JetBlue resets with new CEO, industry veterans to run airline on time, and profitably

A JetBlue Airways plane prepares to depart New York’s LaGuardia Airport. Leslie Josephs | CNBC In…

Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership

Amtrak trains travel through Washington, DC, on September 15, 2022. Stefani Reynolds | AFP | Getty…

Volvo shares jump 20% on higher sales, plans to stop Polestar funding

A Volvo C40 Recharge electric SUV is on display during the Volvo “A New Era of…

Boeing narrows losses but holds off on 2024 guidance as 737 Max 9 crisis looms

A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg…

Ryanair trims annual profit forecast after travel agents halt sales

Ryanair on Monday trimmed its profit forecast for the year to the end of March after…

Trafigura assesses Red Sea risks after tanker attacked by Houthis

The container ship, Safeen Pride, with a destination of ‘HODEIDAH (ARMED GUARDS)’ seen at sea on…

Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln…

Stellantis CEO says automaker won’t sell EVs at a loss like other carmakers

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show…

Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant

DETROIT – Ford Motor is increasing production of its Bronco SUV and Ranger pickup, while cutting…

10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will bring new tests

Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source:…

Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair

An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023…

A compact crossover is coming for America’s pickup trucks. Here are the top-selling cars of 2023

2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup…

Shipping giant Maersk to divert vessels away from the Red Sea ‘for the foreseeable future’

The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on…

Rivian stock falls on declining fourth-quarter EV deliveries

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in…