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An Airbus employee works on the electrical wiring in a Airbus A320 aircraft at the Airbus SAS plant in Saint-Nazaire, France. (AP)
European planemaker Airbus plans to upgrade its best-selling A320 medium-haul jets from 2016 with new engines offering 15 percent fuel savings, as it fends off upstart competitors.
Airbus said on Wednesday it would invest just over $1.3 billion in the “A320neo” project to improve efficiency and cut harmful emissions and noise. Get the full story »
Automakers would be required to nearly double fleet efficiency to 62 miles per gallon by 2025 under the most ambitious scenario of a U.S. government outlook on fuel economy and emissions released on Friday.
Gasoline and electric hybrid vehicles and electric cars would play a crucial role in meeting the top range targets, according to the preliminary assessment presented to industry as a starting point for developing fuel standards for 2017 cars and light trucks, including SUVs, pickups and vans. Get the full story »
