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Automobiles and Components

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  • WASHINGTON, Sept 16- Federal auto safety regulators played a significant role in General Motors Co's failure to promptly report and recall cars with defective parts that led to at least 19 deaths, a congressional report said on Tuesday.

  • *Opel to speed up localisation of suppliers. BERLIN, Sept 16- U.S. carmaker General Motors is cutting production and shedding around 500 jobs at its Opel division in Russia, hit by a plunge in local demand due to a slowing economy and Western sanctions.

  • Mitsubishi to build new car plant in Indonesia Tuesday, 16 Sep 2014 | 5:19 AM ET

    JAKARTA, Indonesia— Mitsubishi Motors Corp. said Tuesday it will build a new car factory in Indonesia as part of a plan to raise its production capacity in the country from 160,000 to 240,000 vehicles per year. He said construction is expected to begin in May next year in Bekasi, a West Java town just east of the capital Jakarta.

  • GM's Opel to cut Russia operations as market falls Tuesday, 16 Sep 2014 | 5:10 AM ET

    General Motors' Opel said on Tuesday it would reorganize its Russian operations, responding to "difficult" conditions amid Ukraine woes.

  • Farmers and analysts say the elimination of government incentives to buy new equipment, a related overhang of used tractors, and a reduced commitment to biofuels, all darken the outlook for the sector beyond 2019- the year the U.S. Department of Agriculture says farm incomes will begin to rise again.

  • Sept 15- The top U.S. auto safety regulator harshly criticized General Motors Co for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.

  • Sept 15- Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships.

  • Sept 15- Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships.

  • NEW YORK, Sept 15- Auto part makers were trading lower on Monday, as the deal to acquire TRW Automotive Holdings Corp by German car parts maker ZF Friedrichshafen failed to ignite any excitement in the sector.

  • Court: Tesla Motors can sell directly to buyers Monday, 15 Sep 2014 | 2:40 PM ET

    BOSTON— The state's highest court has thrown out a lawsuit aimed at blocking Tesla Motors from selling its upscale electric cars directly to consumers. The Massachusetts State Automobile Dealers Association had sought to prevent the direct sales, citing a state law designed to block car dealers from abuses by car manufacturers.

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • GM claims: By the numbers     Monday, 15 Sep 2014 | 2:13 PM ET

    General Motors' compensation fund announced its first round of victim claims relating to faulty GM vehicles. CNBC's Phil LeBeau reports the details.

  • GM eligible death claims will rise: Feinberg Monday, 15 Sep 2014 | 2:09 PM ET
    Kenneth 'Ken' Feinberg, managing partner and founder of Feinberg Rozen LLP

    There are 19 eligible claims for a person who died in a defective GM vehicle—and that number is likely to go higher.

  • Close look at GM ignition cases     Monday, 15 Sep 2014 | 1:17 PM ET

    CNBC's Phil LeBeau reports on the total number of compensation fund claims that have been received and approved by General Motors and attorney Kenneth Feinberg.

  • General Motors' transparent protocol     Monday, 15 Sep 2014 | 11:37 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the 445 claims already submitted since August 1. After speaking with families, Feinberg says this is not about the money for them, but more personal.

  • General Motors' first claims     Monday, 15 Sep 2014 | 11:34 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the process of firming up which of the 445 claims submitted since August 1 are eligible for compensation funds.

  • GM expert says 19 deaths eligible for compensation Monday, 15 Sep 2014 | 11:32 AM ET

    DETROIT— The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. Kenneth Feinberg said Monday that he has determined that 19 wrongful death claims are eligible for payments from GM.

  • PARIS, Sept 15- Nissan may begin purchasing electric-vehicle batteries from LG Chem as it opens procurement to external suppliers in addition to its own manufacturing with NEC Corp, Chief Executive Carlos Ghosn said on Monday.

  • GM's first round of ignition switch claims     Monday, 15 Sep 2014 | 11:00 AM ET

    CNBC's Phil LeBeau reports attorney Ken Feinberg's office has announced the first round of claims submitted tied to GM's faulty ignition switches.

  • 5 tips to get the best deal on a car loan Monday, 15 Sep 2014 | 11:00 AM ET

    To get the best loan deal, you need to do your homework. Here's a list of five things you should do.