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Honda readies its jet airplane -- for real this time
Thu, 22 May 2014Honda would like to remind you that while journalists have spent the last few years fretting whether the Big H has "lost its way," the company has quietly launched, shelved, resurrected, and all but waited out its plan to dominate the business-jet skies, which we are to assume are less friendly than United's. The HA-420 HondaJet has been kicking around for more than 10 years now, but the very first production-ready plane just rolled off the assembly line in Greensboro, N.C., this week -- and, Honda promises, the $4.5 million business jet should be delivered in the second quarter of next year. Honda began taking orders for the jet in 2006, but the long recession squashed the market for private jets.
London road casualties at lowest ever
Mon, 16 Jun 2014THE NUMBER OF DEATHS and serious injuries on the roads of London has fallen to its lowest ever, showing a 23% drop in 2013 compared to the previous best figures. Pedestrian figures are down even more at 25% for the same period. In 2013, there were 132 fatalities on London’s roads, which is the second lowest figure since records began.
U.S. new car sales surge at fastest pace in nearly 7 years
Tue, 03 Dec 2013U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.