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Automobiles and Components

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  • Shanghai auto show: GLC & GLE unveils   Monday, 20 Apr 2015 | 2:24 PM ET
    Shanghai auto show: GLC & GLE unveils

    As the Shanghai Auto Show kicks off, CNBC's Phil LeBeau reports on what he is watching this year.

  • Ford revamps Taurus for China   Monday, 20 Apr 2015 | 11:00 AM ET
    Ford revamps Taurus for China

    CNBC's Kate Rogers reports on one of the most important auto shows in the world.

  • *Bid seen coinciding with Pininfarina shareholder meeting-sources. MILAN, April 20- Indian vehicle maker Mahindra& Mahindra aims to present a formal offer for Pininfarina in time for the Italian car designer's shareholder meeting on April 29, two sources with knowledge of the matter said. Debt-laden Pininfarina, which has a market value of 162 million euros,...

  • Shanghai auto show bans skimpily clad female models Monday, 20 Apr 2015 | 5:26 AM ET

    Organizers of China's biggest auto show announced in February that models in slinky dresses who usually adorn the stands of some auto brands would be banned. But the show's decision comes as China's government under President Xi Jinping increases efforts to crack down on prostitution, online pornography and what it considers racy or improper programming...

  • FRANKFURT, April 20- The leaders of Volkswagen's supervisory board plan to meet soon to try to iron out an effective working relationship between Chairman Ferdinand Piech and Chief Executive Martin Winterkorn amid a leadership crisis at the automaker, a German newspaper reported on Monday. Several key members of the supervisory board including Piech are to...

  • Small is beautiful for Audi in China Monday, 20 Apr 2015 | 2:05 AM ET

    SHANGHAI, April 20- German carmaker Audi AG sees compact cars increasingly becoming the main driver of sales in China, as the country's booming middle class looks for more affordable luxury, the firm's China president Dietmar Voggenreiter said on Monday. Smaller luxury cars are a big volume driver for Audi- the profit engine for Volkswagen AG- and other premium...

  • Global, Chinese automakers debut new car models Monday, 20 Apr 2015 | 1:29 AM ET

    SHANGHAI— Ford showed off its new Taurus and Nissan unveiled a midsize sedan designed for China on Monday at a Shanghai Auto Show that highlighted the commercial resurgence of lower-priced Chinese auto brands. Competition in China is intensifying as economic growth slows and more manufacturers pile into the world's biggest auto market by number of...

  • Mercedes has a 'balanced approach' in China   Monday, 20 Apr 2015 | 12:53 AM ET
    Mercedes has a 'balanced approach' in China

    Dieter Zetsche, chairman of the Board of Management of Daimler and CEO of Mercedes, outlines the company's approach in China.

  • SEOUL, April 20- Kia Motors Corp released its K9 premium sedan in China on Monday, kicking off its journey upmarket with a model whose sales have been paltry both in the United States and at home in South Korea. "A strong preference for German cars in China will make it even more difficult for Kia to penetrate the premium segment there," said analyst Chae Hee- guen at...

  • SHANGHAI, April 20- Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth. Market leaders Volkswagen AG and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing...

  • Jaguar Land Rover: Remain confident about China   Monday, 20 Apr 2015 | 12:23 AM ET
    Jaguar Land Rover: Remain confident about China

    Speaking to CNBC at the Shanghai Auto Show, Bob Grace, regional president at Jaguar Land Rover, Greater China, explains why he's not worried about the slowdown in China.

  • Renault-Nissan: The key to growing sales in China   Sunday, 19 Apr 2015 | 11:41 PM ET
    Renault-Nissan: The key to growing sales in China

    Carlos Ghosn, chairman and CEO of Renault-Nissan, says the group plans to sell 1.3 million cars in China this year by expanding its product offer.

  • Ford CEO: 'China is still a good growth market'   Sunday, 19 Apr 2015 | 9:46 PM ET
    Ford CEO: 'China is still a good growth market'

    Speaking to CNBC at the Shanghai Auto Show, Mark Fields, CEO of Ford, says China remains the world's largest growth market with GDP estimates of 7 percent this year.

  • Navigating China's auto market   Sunday, 19 Apr 2015 | 7:51 PM ET
    Navigating China's auto market

    Vivek Vaidya, vice president of Automotive at Frost & Sullivan, says"discarded brands" like the Ford Taurus can do well in China. He adds that the mainland is also on the lookout for new technology such as greener cars.

  • 'Furious 7' keeps rolling, zooms past $1 billion Sunday, 19 Apr 2015 | 2:06 PM ET
    Fast & Furious 6

    Box office analysts have run out of bad car puns— raced laps, zoomed past, revved up —to describe the performance of“ Furious 7.'

  • Chairman Piech's grip on VW weakened by row with CEO Sunday, 19 Apr 2015 | 11:41 AM ET

    *Big shareholder Porsche says eager to calm situation. BERLIN/ HAMBURG, April 19- Volkswagen Chairman Ferdinand Piech's iron grip on the German carmaker has been severely weakened following a dramatic confrontation with senior board members last week that nearly resulted in a push to oust him, sources told Reuters. After an emergency meeting in Salzburg last...

  • Toyota to launch two hybrid cars in China this year Sunday, 19 Apr 2015 | 9:44 AM ET

    SHANGHAI, April 19- Toyota Motor Corp, the world's largest automaker by sales volume, plans to launch two hybrid cars in China this year as part of efforts to launch vehicles that will help to reduce pollution in the country. The gasoline-electric hybrid cars, called Levin Hev and Corolla, will be launched in China in the second half of the year, the Japanese company...

  • SHANGHAI, April 19- Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth. Market leaders Volkswagen AG and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing...

  • BMW recalling 91,800 Mini Coopers to fix air bag problem Saturday, 18 Apr 2015 | 11:52 AM ET

    BMW is recalling 91,800 Mini Coopers to fix a defect that may prevent the air bag on the front passenger side of the cars from deploying in a crash. The problem affects the 2005 to 2008 models of the Mini Cooper and Cooper S. BMW says the air bag may not work properly because of a flam that might prevent the vehicles' mat detection system from sensing a passenger...

  • The best play to take stock of self-driving cars Saturday, 18 Apr 2015 | 11:00 AM ET
    Delphi self-driving car

    Morgan Stanley analyst says Mobileye is a pure play to invest in self-driving cars.