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Automobiles and Components

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  • What makes the BMW i3 different?     Wednesday, 30 Jul 2014 | 11:43 PM ET

    Sergio Solero, Managing Director at BMW Group Asia, says its i3 cars are "born green" which means they are designed and produced with green materials right from the start.

  • Electric car crash tests     Wednesday, 30 Jul 2014 | 1:48 PM ET

    CNBC's Phil LeBeau takes a look at the results of safety tests to electric cars and how battery compartments were compromised during a serious collision.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to vehicle makers in North America and Latin America. Goodyear shares fell as much as 8.8 percent $25.22, their biggest intraday percentage decline in nearly two years.

  • AP Top Extended Financial Headlines At 12:18 p.m. EDT Wednesday, 30 Jul 2014 | 12:18 PM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers US stocks turn lower, erasing an early gain; Genworth Financial, Goodyear Tire& Rubber sink Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears

  • Ground Control to Major Tom: UK’s space-age future Wednesday, 30 Jul 2014 | 11:55 AM ET

    Britons will travel to a spaceport in a driverless car where they could download pictures on 5G networks, according to government plans.

  • AP Top Extended Financial Headlines At Noon EDT Wednesday, 30 Jul 2014 | 11:55 AM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears Major markets little changed after report of stronger US growth; Twitter flies high

  • DETROIT, July 30- South Korean automaker Hyundai Motor Co will recall about 883,000 Sonata mid-sized sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash.

  • Fiat 2Q profits drop by 55 percent Wednesday, 30 Jul 2014 | 9:57 AM ET

    MILAN— Italian carmaker Fiat SpA, which controls Chrysler, on Wednesday said second-quarter profits dropped by more than a half due to lower performance in North and Latin America. Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros, compared with 435 million euros in the same period last year.

  • July 30- Goodyear Tire& Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to automakers in North America and Latin America. Total replacement tire shipments, however, rose 6 percent, Goodyear said. Excluding items, Goodyear earned 80 cents per share.

  • AP Top Extended Financial Headlines At 9:19 a.m. EDT Wednesday, 30 Jul 2014 | 9:19 AM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Revised figures show US economy grew at fastest pace in 10 years in last year's 2nd half Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers European shares drift ahead of US data, Asia gains on earnings reports Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Hyundai recalling 883,000 Sonata midsize cars to fix problem with gear shift levers Drop in e-cigarette sales hurts Lorillard's 2nd- quarter profit Goodyear 2 Q profit increases 18 percent

  • Hyundai recalls 883K Sonatas to fix gear shifters Wednesday, 30 Jul 2014 | 8:25 AM ET

    DETROIT— Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers.

  • DETROIT, July 30- South Korean automaker Hyundai Motor Co will recall about 883,000 Sonata mid-sized sedans in the United States and Puerto Rico because a potentially defective transmission-shift cable could increase the risk of a crash. Hyundai officials could not immediately be reached for comment.

  • AP Top Extended Financial Headlines At 5:32 a.m. EDT Wednesday, 30 Jul 2014 | 5:32 AM ET

    India's largest online retailer Flipkart raises $1 billion in fresh capital as Amazon looms Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high European shares down ahead of US data, Asia gains on US earnings reports Russia's central bank promises support for targets of new sanctions Nintendo reports worse-than-expected quarterly loss as Wii U sales momentum picks up slowly Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Barclays chief applauds claw-back idea on bonuses as income in its investment bank falls Fed widely expected to make sixth reduction in bond purchases at this week's meeting Spanish economy expanded 0.6 percent during second quarter— fastest rate since 2007

  • *Finance Ministry cuts 2014 GDP growth f'cast to 2 pct from 2.6 pct. The poor output figures increases worries that Southeast Asia's second-largest economy may have slipped into recession in the second quarter, though the Finance Ministry said there was a little growth in April-June.

  • BANGKOK, July 30- Thai factory output fell nearly twice as much as expected in June, the latest piece of data signaling that eased political tension is not yet generating a revival for the struggling economy. In June, factory output dropped 6.6 percent from a year earlier, the Industry Ministry said on Wednesday.

  • AP Top Extended Financial Headlines At 1:33 a.m. EDT Wednesday, 30 Jul 2014 | 1:33 AM ET

    Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high Asia stock markets rise on earnings, await US economic growth report Eyeing weakness in Russian economy, West seeks to inflict more pain on Moscow Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Fed widely expected to make sixth reduction in bond purchases at this week's meeting Growing demand for travel, mostly in developing nations, to pose safety challenge for airlines Key questions about Argentina's fight with US hedge funds over outstanding debt US consumer confidence rises to 90.9 in July, strongest reading since October 2007 American Express second-quarter profit increases 9 percent, tops estimate

  • GM sued over deaths linked to ignition switch Wednesday, 30 Jul 2014 | 1:28 AM ET
    A General Motors logo at the General Motors Technical Center, June 5, 2014 in Warren, Michigan.

    GM was hit with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled.

  • Electric car batteries pass latest crash tests Wednesday, 30 Jul 2014 | 12:01 AM ET
    GM's Chevy Volts on the assembly line in Detroit, Michigan.

    Crash tests involving two popular electric cars show the batteries in those vehicles hold up with no major issues after violent collisions.

  • DETROIT, July 30- The General Motors Co Chevrolet Volt was the only one of a dozen small cars tested by the Insurance Institute for Highway Safety to earn a "Top Safety Pick+" award, the IIHS said in a statement on Wednesday.

  • BANGKOK, July 30- Thai factory output fell more than expected in June, showing the economy continues to struggle to regain traction. In June, factory output dropped 6.6 percent from a year earlier, the Industry Ministry said on Wednesday. Thailand is a regional hub and export base for global automakers and a major producer of hard disk drives.