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Autos Automobiles and Components


  • Futures Fall as Financials Lose Steam Monday, 11 May 2009 | 7:45 AM ET

    Following last week's gains, stock index futures indicated a lower open for the stocks Monday as investors remained concerned about the health of the financial system as the stress-test hype wears off.

  • Pros Say: Get Ready for IPOs After June Monday, 11 May 2009 | 4:27 AM ET

    Global stocks took a break Monday after a successful week of gains. Investors remain uncertain if the global economy is showing signs of recovery or signs of further deterioration. Experts give CNBC their predictions.

  • chrysler_logo_backruptcy3.jpg

    The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.

  • Drive Your Dream Car For Under $1000 Friday, 8 May 2009 | 2:33 PM ET
    The past year has been a rocky time for the US auto industry, but the high-end has been more insulated from the recession. Automobili Lamborghini, owned by the Volkswagen group, recently announced that it actually experienced one percent growth in sales for 2008, when orders went to 2,430 from 2,406 the year before.  A new breed of companies is looking to tap into this demand by making the high-end, turbocharged experience more affordable. One such company, New York-based , maintains a fleet of

    Gotham Dream Cars offers a range of products, from exotic rentals and club memberships, to the increasingly popular "Dream Car" tours. Here's how this lucrative, high-end business operates.

  • Published reports that Cerberus Capital Management is leading the charge for more governments funds to bail out GMAC are completely wrong, a source tells CNBC.

  • Toyota Tumbles: Slow Reaction Hammers Auto Giant Friday, 8 May 2009 | 11:00 AM ET

    The fact Toyota posted it's first annual loss in 75 years is not surprising- almost every auto maker lost money this year. The fact this company lost $6.9 Billion in the quarter ending this March is staggering, but not so out of line that people are shocked. What is surprising is Toyota CEO Katsuaki Watanabe telling reporters in Tokyo his company was "lacking in the scope and speed of dealing with various issues."

  • GMAC, Among the Weakest, Seems in Line for a Bailout Friday, 8 May 2009 | 10:24 AM ET

    It looks as if one more bank needs a bailout. And, four months ago, this bank was not even a bank. The company is GMAC, the onetime finance arm of General Motors, which itself seems to be hurtling toward bankruptcy.

  • Pros Say: This Jobs Report Will Be Better  Friday, 8 May 2009 | 7:22 AM ET

    The closely-watched US jobs report is due later on Friday, after results of stress tests late on Thursday revealed that ten banks need to raise up to $75 billion in fresh capital.

  • GM's 'Revenue Implosion' Blows Hole In Q1 Results Thursday, 7 May 2009 | 9:18 AM ET
    General Motors logo

    When you burn through $113 Million every day, it seems ludicrous to say that the quarter turned out a little better than expected. Equally disturbing is the fact few will seem phased by the fact spent $113 Million more than it took in every single day of the first quarter.

  • Pros Say: Stay Cautious on Banks Thursday, 7 May 2009 | 8:51 AM ET

    Investors are eagerly anticipating the release of the U.S. government's stress test results Thursday where a number of the 19 banks reviewed are expected to require fresh capital.

  • General Motors Is Said to Seek Stake in Fiat Thursday, 7 May 2009 | 12:07 AM ET

    Four years after paying $2 billion to extricate itself from a partnership with Fiat, General Motors is seeking a stake in the Italian automaker in exchange for its Latin American and European operations.

  • GM’s Make Or Break Earnings Report Wednesday, 6 May 2009 | 5:32 PM ET

    Wall Street and the entire nation will be watching GM on Thursday. The auto giant reports earnings, and many wonder, will it be their last before bankruptcy?

  • Seven Things We're Still Doing Despite The Recession Wednesday, 6 May 2009 | 3:30 PM ET

    While folks may not look forward to a trip to the dentist or to the accountant, they aren't using the recession as an excuse not to visit them. Sageworks, a provider of private company data, took a look at seven things consumers are still doing despite the economic slump. On the list, going to the dentist and visiting the accountant.

  • Ford Can Profit From Selling Small Cars in US: Mulally Wednesday, 6 May 2009 | 12:54 PM ET

    We can make money by selling small cars in U.S. with our new global platform, said Alan Mulally, Ford Motor CEO.

  • BYD Auto's F0 model

    Berkshire Hathaway officials tell the AP they believe a Taiwan tycoon's accusations against Chinese electric car maker BYD are "unfounded."  Hon Hai's Terry Gou has questioned Warren Buffett's decision to invest in BYD, a company Gou claims has stolen trade secrets.

  • Ford's Big Bet Going Small And Green Wednesday, 6 May 2009 | 9:35 AM ET

    This is for all of you who have complained, groused, wondered, and offered pointed opinions about the Big 3 not being committed to smaller, greener cars. For those of you who have scoffed at the idea of Detroit making money on compact cars built in the U.S., Ford believes it will prove you wrong.

  • Pros Say: Take Profits Now Wednesday, 6 May 2009 | 4:27 AM ET

    Global stocks were mixed on Wednesday as investors became more cautious a day before the bank stress test results after reports that Bank of America may need to raise a substantial amount of capital.

  • GM May Seek 1-For-100 Reverse Stock Split Tuesday, 5 May 2009 | 5:38 PM ET
    General Motors logo

    General Motors says it may offer current shareholders a reverse stock split that would give them one share of new stock for every 100 shares they currently own.

  • Web Extra: Which VIN Report Is Right For You? Tuesday, 5 May 2009 | 5:12 PM ET

    NOT SEEN ON T.V.: What every user car buyer needs to know to find the true history of their vehicle.

  • Fast Track Bankruptcy? Chrysler Looking To Fly Tuesday, 5 May 2009 | 3:01 PM ET
    2007 Chrysler 300

    As the bankruptcy hearings about creating a new Chrysler pick up steam in New York, it's becoming crystal clear how quickly the Federal Government wants to re-structure the ailing auto maker.