Hyundai surprised the market by posting its first quarterly net loss in at least eight years as its vehicle sales slumped in the key China market.
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Ford needed to stop the bleeding before it could start showing gains from herculean efforts to turn the company around.
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Apple dismissed more than 200 employees from its autonomous vehicle group, Project Titan, CNBC reported.
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French carmaker Renault confirmed the appointment of Michelin's Jean-Dominique Senard as its new chairman and Thierry Bollore as new CEO.
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Nissan has scheduled an extraordinary shareholders meeting to discharge indicted directors Carlos Ghosn and Greg Kelly as well as appoint a new Renault-nominated one.
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With his resignation as head of Renault after nearly 14 years, Carlos Ghosn is leaving behind a thriving global company that recorded record sales last year.
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Carlos Ghosn resigned as chairman and CEO of Renault, French Finance Minister Bruno Le Maire said. Ghosn is set to be replaced as chairman by Michelin chief Jean-Dominique Senard, and as CEO by Thierry Bollore.
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Boeing's flying car prototype hovered briefly in the air during an inaugural test flight, a small but key step by the planemaker to revolutionize urban transportation.
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The Larry H. Miller Group of Companies, which owns the country's ninth-largest dealership group, is searching for a new CEO after announcing longtime company executive Clark Whitworth will step down.
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Ford lost $116 million in the fourth quarter, its first loss in two years, and its profit for all of 2018 fell by more than half as lower margins in North America combined with losses everywhere else in the world.
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