CHARLESTON, South Carolina—Boeing Co. has increased production of its widebody 787 Dreamliner from three to four planes per month as it gets ready to ramp to five a month by the end of the year, a company official said on Tuesday. The U.S. planemaker also plans to add a second production line to the company’s…
Boeing Loses $425M in 1Q but Plans Production Boost for Max
Boeing lost $425 million in the first quarter—more than Wall Street expected—but said Wednesday that it plans to boost production of its best-selling plane, the 737 Max, later this year. Revenue rose 28 percent from a year earlier, as airlines scooped up new jets to meet rising travel demand, and the company stood by its…
Boeing Investors Seek Answers After Latest 737 Production Glitch
WASHINGTON—Boeing Co. is expected to reveal whether the latest 737 MAX manufacturing problem will derail the U.S. plane maker’s annual goals for passenger jet deliveries and free cash flow when it unveils its first quarter financial results on Wednesday. Investors are clamoring for details on the extent of the problem, which Boeing said involves a…
Toyota’s Global Sales Notch Up a February Record as Parts Shortage Eases
TOKYO—Toyota Motor Corp. said on Thursday that global sales hit a record for the month of February as it bounced back from severe pandemic-induced parts shortages, adding that worldwide production also increased for a second straight month. Japan’s biggest automaker said in a statement, however, that shortages of parts continue to be a problem. During…
Ford to Raise Production as US Auto Sales Start to Recover
DEARBORN, Mich.—Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday that it plans to build more of the Mustang Mach-E, the Bronco Sport SUV and Maverick small pickup, the F-150 Lightning…
Ford to Restart F-150 Lightning Production on March 13
WASHINGTON—Ford Motor Co. said Thursday it will restart production of its F-150 Lightning on March 13 after it halted output of the electric truck after a battery fire in early February. Ford has not set a date for resuming deliveries. The U.S. automaker said as it “ramps up production, we will continue holding already-produced vehicles…
Toyota Production up 9 Percent in January, Chip Pain Still Lingers
TOKYO—Toyota Motor Corp. boosted global vehicle production by 9 percent in January, it said on Monday, its first increase in two months even as the carmaker continued to feel the strain from global chip shortages. The company, which is the world’s largest automaker by volume, and other car manufacturers are still grappling with tight supplies…
GM’s Truck Production Cut Signals a Turn in US Auto Sales
DETROIT—New vehicle sales in the United States are expected to increase in February, but the decision by General Motors Co. to cut production of large pickup trucks at a U.S. plant points to new challenges for Detroit’s automakers. The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, according to Cox…
Boeing Plans to End Production of ‘Top Gun’ Plane in 2025
Even “Top Gun” couldn’t save the F/A-18 Super Hornet. Boeing announced Thursday that it expects to end production of the fighter jet in late 2025 after a final delivery to the U.S. Navy. Production of the plane could be stretched out to 2027 if India places an order, the company said. The first F/A-18 debuted…
Ford Halts Production, Shipments of F-150 Lightning Over Possible Battery Issue
Ford Motor Co. said on Tuesday that it had stopped production and shipments of its F-150 Lightning electric pickup after discovering a potential battery issue during pre-delivery checks. “We are not aware of any incidences of this issue in the field,” Ford spokesperson Emma Bergg said in an email. She said the production stop was…
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