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Honda readies its jet airplane -- for real this time

Honda 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.

Microsoft increases stake in auto industry

Having reshaped a big piece of the world's economy around its Windows software, Microsoft Corp. now wants to do the same thing in the car business. What the Seattle giant sees there says as much about the future of cars as it does about itself.

Private Toyota Friend social network lets owners talk to their cars and each other

Toyota is launching a social-networking service that will enable owners to engage in verbal dialogue with their Toyota cars. They can share the exchanges in the network and broadcast them via Facebook and Twitter. According to the Associated Press, Toyota is teaming up with U.S.