German carmakers warn virus to shrink China market

China's car market could shrink up to seven percent year-on-year in 2020 as the effects of the novel coronavirus outbreak bite, Germany's VDA manufacturers' association said Thursday.

Engineering

Human-centered design for future mobility

Evolution of the way we move rapidly increased during the industrial revolution when the automobile replaced horse-drawn carriages. In the early 1900s, linear production lines—largely attributed to the Ford Motor Company—made ...

Business

Trump called Boeing CEO ahead of MAX shutdown: source

President Donald Trump phoned the head of Boeing ahead of the company's announcement on Monday that it was halting production of the 737 MAX, a person familiar with the matter said Thursday.

Business

Trade turbulence pushes airline profits lower

Global trade tensions have sent airline profits into a descent, the industry's trade association said Wednesday, and while profitablity is expected to rebound next year it will unlikely match the level hit in 2018.

Business

Chinese e-commerce giants report booming Singles Day sales

Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world's busiest online shopping day.

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