Boeing Co. took the first step toward returning its grounded 737 Max 9 jetliners to service, issuing guidance to airlines on what inspections are needed to prevent another midair fuselage blowout like the one on Alaska Airlines late last week.
India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations by the end of the year, according to two people familiar with the discussions.
Auto-industry executives long complained that electric cars aren’t as profitable as their combustion-engine counterparts. BMW AG Chief Executive Officer Oliver Zipse says those days are over.
BYD extended its lead over Volkswagen as China’s top-selling carmaker, with its wide range of electric vehicles proving hugely popular among local buyers.
France’s Renault has formally signed a joint-venture agreement with China’s Geely to set up a new combustion engine and hybrid powertrain company, while Saudi Aramco is still mulling an investment.