EVs Will Max Out At 30 Percent Market Share: Toyota Chairman

EVs Will Max Out At 30 Percent Market Share: Toyota Chairman

Good morning! It’s Tuesday, January 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Toyota Chair Isn’t Sold On BEVs Toyota Chairman … Read more

Boeing CEO fights back tears, admits ‘mistake’ in 737 address

Boeing CEO fights back tears, admits ‘mistake’ in 737 address

Boeing Co chief executive officer Dave Calhoun fought back tears as he said the planemaker must own up to its shortcomings as it grapples with a safety incident that has renewed questions over the quality of its manufacturing.“We’re going to approach this — No. 1 — acknowledging our mistake,” Calhoun told Boeing employees Tuesday during … Read more

Boeing deepens strategy cuts as operations take center-stage: Sources

Boeing deepens strategy cuts as operations take center-stage: Sources

Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said. The move is the latest evidence of renewed industrial priorities after Boeing on Monday named Stephanie Pope to the new role … Read more