A new report has claimed that Takata Corporation allegedly ignored its US employees concerns about misleading testing reports on air bags which later became a safety risk due to their tendency to explode and potentially harm passengers.
Zodiac Aerospace presented its worst ever annual financial results for the 2014/2015 fiscal year, facing an operating income shortfall of 44.6% as a result of production delays at its aircraft seat division.
Ford EcoBoost-equipped vehicle sales in the US are up 46%, year-to-date, with the automaker predicting that 2015 will see over 1 million EcoBoost engines sold in the US for the first time in a single year.
Solazyme, a pioneer in microalgae innovations and Bunge, one of the world’s largest agribusiness and food companies, have agreed to expand a joint venture to bring algae to kitchens and dinner tables around the world.
Toyota Motor Corporation has announced a plan to establish a new research and development company to help boost research into artificial intelligence, robotics and big data to address society’s future mobility challenges.
The US-UAE Business Council and the Aerospace Industries Association welcomed 400 senior business executives and government officials on yesterday (Sunday) for an exclusive dinner celebrating Dubai Airshow 2015.