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Automobiles and Components

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  • Factory orders fall 0.4 percent in April. WASHINGTON, June 2- New orders for U.S. factory goods fell in April on weak demand for transportation equipment and other goods, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. Households are gradually boosting their spending on manufactured goods, "said Gus...

  • WASHINGTON/ DETROIT, June 2- The top U.S. auto safety regulator said that replacement parts for potentially defective Takata Corp air bag inflators may not offer consumers a remedy that lasts the life of the car. Many cars equipped with older Takata air bag systems could have to be fixed more than once, said Mark Rosekind, head of the National Highway Traffic Safety...

  • Second best year for auto sales   Tuesday, 2 Jun 2015 | 4:15 PM ET
    Second best year for auto sales

    Lauren Fix,The Car Coach, discusses the car buying environment and the current ease of credit.

  • May auto Sales rate 17.79 million: Autodata   Tuesday, 2 Jun 2015 | 2:58 PM ET
    May auto Sales rate 17.79 million: Autodata

    CNBC's Phil LeBeau reports on the pace of auto sales in the month of May.

  • May auto sales rate expected well over 17 million

    May auto sales are better-than-expected, with CNBC's Phil LeBeau, and "The Profit" host Marcus Lemonis.

  • *Factory orders fall 0.4 percent in April. WASHINGTON, June 2- New orders for U.S. factory goods fell in April as demand for transportation equipment and other goods weakened, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. Households are gradually boosting their spending on manufactured goods, "...

  • DETROIT, June 2- Millions of owners of vehicles equipped with Takata air bags may have to get repairs done more than once because of shortages of replacement parts and uncertainty over whether repair parts already installed are defective, auto industry officials and safety regulators said on Tuesday. A House subcommittee has scheduled a hearing for 2 p.m. EDT...

  • General Motors 'slam dunk': Trader   Tuesday, 2 Jun 2015 | 12:00 PM ET
    General Motors 'slam dunk': Trader

    The FMHR traders share their top auto stock play after sales in May surged.

  • May auto sales hit strongest pace in nearly decade Tuesday, 2 Jun 2015 | 10:51 AM ET
    A salesperson, left, shows vehicles to a shopper at the Toyota of Deerfield dealership in Deerfield Beach, Fla.

    The US auto industry remained on track for a record year as consumers bought cars and trucks in May at the fastest pace in almost a decade.

  • Toyota May US sales down 0.3%   Tuesday, 2 Jun 2015 | 10:43 AM ET
    Toyota May US sales down 0.3%

    CNBC's Phil LeBeau reports on Toyota's May sales in the U.S.

  • DETROIT, June 2- The U.S. auto industry remained on track for the best sales year in a decade as consumers bought cars and trucks in May at the fastest pace in almost a decade. General Motors Co forecast industry U.S. sales to finish May at a seasonally adjusted annualized rate of 17.6 million vehicles, the strongest pace since January 2006. GM sales rose 3 percent in...

  • GM May US sales up 3.0%   Tuesday, 2 Jun 2015 | 9:32 AM ET
    GM May US sales up 3.0%

    General Motors has reported better-than-expected auto sales in May, reports CNBC's Phil LeBeau.

  • Ford May US sales down 1.3% vs. 3.4% est.   Tuesday, 2 Jun 2015 | 9:15 AM ET
    Ford May US sales down 1.3% vs. 3.4% est.

    CNBC's Phil LeBeau reports on the better-than-expected sales numbers for Ford last month.

  • Cramer: Buy autos-here's why   Tuesday, 2 Jun 2015 | 9:01 AM ET
    Cramer: Buy autos-here's why

    CNBC's Jim Cramer explains why investors should bet on autos.

  • Subaru led automakers with a 12 percent sales gain. General Motors' sales rose 3 percent, Fiat Chrysler was up 4 percent and Honda rose 1 percent. Honda sold more than 6,300 HR-V small SUVs in the first two weeks it was on sale.

  • DETROIT, June 2- The U.S. auto industry will remain on track for the best sales year in a decade despite industry growth being flat to up 0.7 percent in May, Fiat Chrysler Automobiles said on Tuesday. FCA's forecast is slightly more optimistic than those of Wall Street analysts surveyed by Reuters, who expected a 1 percent fall-off in May U.S. auto sales.

  • Elon Musk fires back on subsidies   Tuesday, 2 Jun 2015 | 7:20 AM ET
    Elon Musk fires back on subsidies

    CNBC's Phil LeBeau talks with Tesla CEO Elon Musk about the economic benefits of government incentives. Also a preview of May auto sales.

  • For UAW members, two-tier wage issue is personal Tuesday, 2 Jun 2015 | 1:00 AM ET

    KANSAS CITY, Kansas, June 2- For United Auto Workers union members Jermaine and Akema Austin, a two-tier wage system at General Motors Co is not just business, it's personal. Detroit automakers, which pushed for and won the two-tier system in negotiations with the union, say the freedom to hire workers at lower wages has helped them recover from near-death in the...

  • DETROIT, June 2- Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, according to suppliers familiar with the company's plans. FCA Chief Executive Sergio Marchionne is shuffling product plans even as he seeks a partner for his company, the seventh largest global automaker.

  • SEOUL, June 2- Hyundai Motor Co shares slid 9 percent to their lowest levels in nearly five years on Tuesday, hit by lacklustre sales in the United States and China and as a weakening yen against the won rekindled worries about exports. Hyundai Motor said its total vehicle sales were down 6.4 percent in May from a year earlier, while affiliate Kia Motors saw its sales...