How Hyundai Turned a Corner in the U.S.

Despite tepid industry sales last year, South Korean carmaker Hyundai set a sales record, thanks to savvy designs and sophisticated engineering. It’s come a long way from an early econo-box image. Now, if it could just do as we…

Boeing Unveils New 747 Intercontinental Jet

Boeing (BA) unveiled the new 747-8 Intercontinental jet Sunday, which can seat as many as 500 people.

The new plane has 12% lower costs per seat than the 747-400, Boeing said in a statement. The plane will also emit 16% less carbon.

“As the only ai…

GM and Chrysler Will Pay Bonuses to White-Collar Workers

Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…