Flaws at Boeing’s St. Louis aircraft production facility ranged from missing, backwards and out-of-specification fasteners found on undelivered F/A-18s and F-15s to oversized holes, missing components and incorrect parts installed on the factory’s...
“In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff,” the company said.
The takeover of the company by Key Safety Systems, resulted in the extinction of the 85-year-old Takata brand, with CEO's Shigehisa Takada grandfather starting the company in 1933 as a textile maker.
Once the deal goes through, Lake Forest, Ill.-based Tenneco will split the combined businesses into two publicly traded companies.
The conversation followed an April 2 tweet by Musk that was dismissive of the NTSB’s role in regulating cars.
The Defense Department's F-35 program office also chided Lockheed for its “slow negotiation behaviors” that “unnecessarily extends the time to contract award.”
General Motors was up an unusually high 16%, followed by Fiat Chrysler's 14% sales jump. Ford rose 3.4% and Toyota gained 3.5%.
The deal with Honda might include co-creating a vehicle from scratch rather than modify existing models, as it has done with Jaguar and Fiat Chrysler.