Delphi Technologies posts record revenue, income drop

In its first quarterly report since Delphi Automotive split, Delphi Technologies reported record revenue but lower net income.

UPDATED: 2/22/18 9:22 am ET - adds links

Ford picks Kumar Galhotra to replace Raj Nair as North America chief

Ford tapped Kumar Galhotra, a company veteran who steered the Lincoln luxury brand back to respectability, to replace Raj Nair, who was ousted after an internal investigation uncovered "inappropriate behavior," as its president of North America.

S. Korea to quickly conduct due diligence on GM's local unit, minister says

South Korea plans to conduct due diligence on the ailing South Korean unit of General Motors, a government finance official said. GM has asked for financial support for the the unit.

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