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Autos Automobiles and Components

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  • DETROIT, Aug 3- U.S. auto sales were stronger than expected in July and kept the industry on a pace for its best year in a decade, driven by the continuing shift toward sport utility vehicles and pickup trucks. Fiat Chrysler Automobiles sales rose 6 percent and Nissan Motor Co Ltd gained 8 percent, also outstripped expectations of analysts. Car-buying website...

  • DETROIT, Aug 3- U.S. auto sales were stronger than expected in July and kept the industry on a pace for its best year in a decade, driven by the continuing shift toward sport utility vehicles and pickup trucks. Fiat Chrysler Automobiles sales rose 6 percent and Nissan Motor Co Ltd gained 8 percent, also outstripped expectations of analysts. Car-buying website...

  • GM auto sales up 6.4% in July vs. 2.9% est

    CNBC's Phil LeBeau breaks down the automaker's better-than-expected numbers last month.

  • Cramer on why Ford's stock doesn't move

    CNBC's Jim Cramer discusses Ford's July auto sales and why the stock has been stuck despite positive news.

  • Ford auto sales up 4.9% in July

    CNBC's Phil LeBeau breaks down the automaker's better-than-expected sales numbers last month.

  • WASHINGTON, Aug 3- U.S. consumer spending in June advanced at its slowest pace in fourth months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter. But the moderation in consumer spending could be temporary as Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Monday their U.S.

  • WASHINGTON— Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items. Consumer spending edged up 0.2 percent in June, the poorest showing since a similar increase in February, the Commerce Department reported Monday. "We still expect that a strengthening labor market will support...

  • Fiat Chrysler auto sales up 6.2% in July

    CNBC's Phil LeBeau has the latest numbers on July auto sales for Fiat Chrysler and Nissan.

  • MILAN, Aug 3- Investment group Exor, which controls carmaker Fiat Chrysler, said on Monday it had signed a deal to buy PartnerRe for $6.9 billion, ending a prolonged battle for the reinsurer against a rival bid from Axis Capital. The agreement marks a U-turn for PartnerRe, which in January had agreed a merger with Axis and repeatedly spurned approaches from Exor,...

  • DETROIT— American drivers want to get noticed again. SUVs and luxury vehicles are selling fast, defying recession-era predictions that Americans would downsize and stop flaunting their wealth. General Motors and Fiat Chrysler both saw 6 percent sales gains over last July, while Honda and Nissan saw 8 percent gains.

  • DETROIT, Aug 3- Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Monday their U.S. Nissan said U.S. sales rose 7.8 percent. FCA and Nissan are the first major automakers to report U.S.

  • *Audi, BMW, Mercedes to buy Nokia's HERE. FRANKFURT/ HELSINKI, Aug 3- German carmakers BMW, Audi and Mercedes, will pay around 2.5 billion euros to buy Nokia's maps business, a transformational deal that will help them to develop self-driving cars. Daimler BMW and Audi will each hold an equal stake in the business, known as HERE, keeping it from falling into the hands of a...

  • BERLIN— A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.' s HERE map business in a deal that values the unit at 2.8 billion euros and secures their access to technology that could eventually be used for driverless cars. Nokia, based in Finland, has refocused its business on producing equipment for wireless networks...

  • Aug 2- Fuji Heavy Industries, the parent company of automaker Subaru, has told its network of suppliers that it expects them to treat workers fairly and to uphold "human rights and international standards of behavior." "Fuji Heavy Industries does not condone the exploitation of any class of worker, either in its own operations or within its supply chain," the company...

  • DETROIT— Fiat Chrysler is recalling more than 322,000 sedans worldwide because side air bags can inflate if doors are slammed too hard. The recall covers certain Dodge Chargers from the 2011 to 2014 model years, mainly in the U.S. and Canada. Earlier this month, more than 843,000 Dodge Ram pickup trucks were recalled for the same problem.

  • FRANKFURT/ SAN FRANCISCO, July 31- BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW's headquarters last year and senior Apple executives toured the carmaker's...

  • WASHINGTON, July 31- The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the National Highway Traffic Safety Administration, said his watchdog agency is trying to...

  • Business events scheduled for the coming month Friday, 31 Jul 2015 | 1:40 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.. WASHINGTON— Commerce Department...

  • WASHINGTON, July 31- The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the National Transportation Safety Administration, said his watchdog agency is trying to...

  • SYDNEY, July 31- Fiat Chrysler Automobiles traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from above after a lawsuit by the carmaker accused him of excessive spending and illegally enriching himself through commercial deals. Fiat's civil lawsuit in Australian Federal Court...