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Apple to Trim Staff for Titan Autonomous Car Project
2/28/2019Apple Inc. says in a regulatory filing that it plans to lay off 190 employees of its secretive Titan self-driving car development project.
Hyundai Ponders Capacity Cuts in China
2/28/2019Hyundai Motor Co. is weighing cuts in its production capacity in China because of declining sales, sources tell Reuters.
Four Hyundai, Kia Recalls Target 625,700 Vehicles
2/28/2019Hyundai Motor Co. and its Kia Motors affiliate are launching four recalls in the U.S. that involve 625,700 vehicles with wiring failures or engine problems.
U.S. Economic Growth Slows to 2.6%
2/28/2019The U.S. gross domestic product expanded by an annualized 2.6% in the fourth quarter of 2018. Economists had predicted a rate of about 2.3%.
Conti, Hewlett-Packard Partner on Blockchain Tech
2/28/2019Continental AG and Hewlett Packard Enterprise Co. (HPE) have developed a blockchain-based data-sharing platform they aim to launch later this year.
FedEx to Test Autonomous Delivery “Bot”
2/28/2019FedEx Corp. plans to begin testing a small, autonomous delivery robot in commercial applications this summer in select U.S. cities.
BMW, Daimler to Cooperate on Autonomous Cars
2/28/2019BMW AG and Daimler AG, which merged their mobility operations last week, have signed a memorandum of understanding to jointly develop autonomous driving systems.
Jailed Ghosn Mounts Third Attempt for Bail
2/28/2019Carlos Ghosn has applied for the third time to be released on bail from a jail in Tokyo after 100 days of incarceration.
Ferrari Revs Up Tributo Supercar
2/28/2019Ferrari NV says its new F8 Tributo supercar is the most powerful V-8 model in the brand’s history.
U.K. Car Output Fell 18% in January
2/28/2019Britain’s light-vehicle production fell 18% to 120,600 units in January, as exports dropped 21% to 93,800 vehicles, says The Society of Motor Manufacturers and Traders.