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Automobiles and Components

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  • Is bigger better? Demand soars for trucks, SUVs Thursday, 18 Sep 2014 | 3:05 PM ET
    2015 Chevrolet Tahoe LT

    The big vehicles that were blasted during the recession as gas-guzzling behemoths are now the hottest in showrooms.

  • DETROIT, Sept 18- Toyota Motor Corp said on Thursday it will recall about 20,000 vehicles worldwide for possible fuel leaks. All of the affected Toyota models were produced in the United States, with the Lexus model made in Canada.

  • Google Inc got permits for testing 25 adapted Toyota Motor Corp Lexus SUVs, and two permits each went to Daimler AG's Mercedes-Benz and Volkswagen AG's Audi, said Bernard Soriano of the California Department of Motor Vehicles. Lexus, Mercedes-Benz and Audi are all luxury brand vehicles.

  • Sept 18- Mercedes-Benz, the luxury brand of Daimler AG, has received one of the first California licenses for self-driving cars, the company said on Thursday.

  • French group develops mass electric car charging stations Thursday, 18 Sep 2014 | 11:08 AM ET

    *Group includes Bouygues, Renault, Alstom and Nexans.

  • DETROIT, Sept 18- General Motors Co will recall about 3,200 vans powered by natural gas because of the possibility of a gas leak that increases the risk of a fire, the automaker said on Thursday. There are 3,196 of the vans registered in the United States and another 13 in Canada, GM said.

  • Hybrids get hype but trucks drive sales     Thursday, 18 Sep 2014 | 8:48 AM ET

    Paul Ingrassia, Reuters managing editor, weighs in on why truck sales are in overdrive.

  • America's love affair with trucks soars     Thursday, 18 Sep 2014 | 8:44 AM ET

    Pick-up and SUV sales are booming while car sales have dropped, reports CNBC's Phil LeBeau.

  • Tycoon buys 30 Rolls-Royces for Macau hotel Wednesday, 17 Sep 2014 | 12:54 AM ET

    HONG KONG— A Hong Kong tycoon has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms to chauffeur guests at a luxury resort he's building in the global gambling capital of Macau. Hung and Rolls-Royce executives signed the deal Tuesday at the company's Goodwood factory in England.

  • 'Unique opportunity' to buy Tesla now: Pro Tuesday, 16 Sep 2014 | 5:23 PM ET
    A Tesla showroom in Beijing on July 9, 2014.

    Tesla shares are down since the market's recent high, and one investment pro thinks it's a great time to buy. Here's why.

  • Tesla debate: Opportunity or overvalued?     Tuesday, 16 Sep 2014 | 3:25 PM ET

    Is the recent pullback in Tesla's stock a unique buying opportunity? Charles Sizemore, Sizemore Capital Management, and James Albertine Stifel Nicolaus, debate the play on the electric car company.

  • 5 findings from Congress's report on safety agency Tuesday, 16 Sep 2014 | 1:40 PM ET

    DETROIT— Republicans on the House Commerce Committee released a report Tuesday critical of the National Highway Traffic Safety Administration, the government's top auto safety agency, and its handling of General Motors' delayed recall of 2.6 million cars with defective ignition switches.

  • Congress: Safety agency mishandled GM recall Tuesday, 16 Sep 2014 | 9:37 AM ET

    WASHINGTON— The government's auto safety agency should have discovered General Motors' faulty ignition switches seven years before the company recalled 2.6 million cars to fix the deadly problem, a House committee majority charged Tuesday in a new report.

  • 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.