
Hyundai Motor said today its research and development president, Kwon Moon-sik, and two other executives resigned over a string of quality problems as the automaker tries to shore up its reputation ahead of key model launches.

Hyundai Motor said today its research and development president, Kwon Moon-sik, and two other executives resigned over a string of quality problems as the automaker tries to shore up its reputation ahead of key model launches.

Three times during the third quarter earnings conference call with journalists and analysts last week, Ford CEO Alan Mulally was asked to comment on persistent reports that he is considering leaving the automaker to become CEO at Microsoft.

The electric-vehicle startup GreenTech Automotive is under investigation by federal authorities over its use of a government program that allows foreign investors to get special visas to the United States, according to a news report.