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Automobiles and Components

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  • As the Beijing Auto Show kicks off on Monday, Martin Winterkorn, Chairman and CEO at Volkswagen, says plug-in hybrids will dominate its lineup in China for alternative energy cars.

  • Ford bets big on China's luxury market     Sunday, 20 Apr 2014 | 8:25 PM ET

    Alan Mulally, CEO of Ford, tells CNBC's Eunice Yoon how the automaker is catching up in China with the debut of its Lincoln brand this year.

  • *Lexus imports cars from Japan for China market. Unlike German peers Audi, Volkswagen AG's luxury division and BMW, Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China.

  • BEIJING, April 20- Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine.

  • AP Top Extended Financial Headlines At 4:30 a.m. EDT Sunday, 20 Apr 2014 | 8:30 AM ET

    Japan logs record $134 billion trade deficit in fiscal 2013 on surging costs for imported fuel Asian stocks mixed after holiday weekend as investors look ahead to South Korea, China data Global automakers unveil China-focused models at Beijing auto show as China's influence grows Construction frenzy in Lebanon alters Beirut's skyline, as high rises replace old heritage Reform is buzzword at Port Authority of New York and New Jersey, but effects of that unclear Federal lawsuits end, questions linger about 2009 plane-into-home crash in NY; trial unlikely Reports of an Amazon smartphone are rampant.

  • GM boosting China production capacity to 5 million Sunday, 20 Apr 2014 | 7:56 AM ET

    BEIJING— The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million. General Motors Co. and its Chinese partners are in the midst of what the company has said is a $12 billion investment program through 2017..

  • SHANGHAI/ BEIJING, April 20- Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model.

  • Automakers unveil China-focused models in Beijing Sunday, 20 Apr 2014 | 6:23 AM ET

    BEIJING— Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. The Escort goes on sale in China this year, expanding later to other markets, said CEO Alan Mulally.

  • Premium car brands eye China's secondhand market Sunday, 20 Apr 2014 | 5:39 AM ET

    BEIJING, April 20- Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW, Audi and Mercedes-Benz: the second-hand premium car market. We have 290 dealers who offer certified pre-owned Audis, " Rupert Stadler, chief executive of Volkswagen's premium brand, Audi, said during the Auto China show in Beijing.

  • BEIJING, April 20- Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in September priced at 369,000 renminbi.

  • Beijing auto show opens amid market slowdown Saturday, 19 Apr 2014 | 8:36 PM ET

    Brands from General Motors Co. to Chinese SUV maker Great Wall Motors are unveiling new and restyled sedans, sport utility vehicles and other models at Auto China 2014 this week. China is the world's biggest auto market, with 17.9 million vehicles sold last year. Nissan Motor Co., looking to China to help drive its global turnaround, will debut a concept sedan.

  • Documents detail another delayed GM recall Saturday, 19 Apr 2014 | 1:54 PM ET

    DETROIT— General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.

  • AP Top Financial News At 6:25 a.m. EDT Saturday, 19 Apr 2014 | 10:57 AM ET

    Automakers unveil China-focused models in Beijing 5 features an Amazon phone might offer Venture investments highest since 2001 Fiat and Chrysler to build 3 Jeep models in China Guinea to cancel BSG Resources-Vale mining rights Providence, RI, sues firms over stock trades Advice to Democrats: Don't say' recovery' Unemployment rates fall in 21 US states last month Mazda recalls 109,000 older SUVs for rust problem Calpine selling six power plants for $1.57 B

  • AP Top Extended Financial Headlines At 6:25 a.m. EDT Saturday, 19 Apr 2014 | 10:57 AM ET

    Here are 5 features the device might offer. Venture investments soar 57 percent in 1st quarter to highest level since 2001 Fiat and Chrysler to build 3 Jeep models in China for local market Guinea plans to cancel rights to massive iron ore deposit, held by BSG Resources, Vale Providence, RI, sues financial firms, says they defrauded investors with high-speed trading Democrats urged not to mention the word' recovery' in upcoming campaign More than 2/ 3 of US states had job gains in March, while unemployment rate fell in 21 states Mazda recalling 109,000 older Tribute SUVs to fix frame rust problem Calpine says it will sell six Southeast power plants to LS Power for $1.57 B

  • Fiat and Chrysler to build 3 Jeep models in China Saturday, 19 Apr 2014 | 10:57 AM ET

    ROME— Fiat and Chrysler announced plans Saturday to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors.

  • Muscle cars dominate New York Auto Show Saturday, 19 Apr 2014 | 10:52 AM ET
    The new 2015 Mustang convertible is viewed on top of the observation deck at the Empire State Building in honor of 50 years of the Ford Mustang on April 16, 2014 in New York City.

    Mustang, Challenger, Charger - and some high-powered imports - rule the 2014 NY Auto Show

  • Student struggles to recount fatal truck-bus crash Friday, 18 Apr 2014 | 3:37 AM ET

    "The bus hit a FedEx truck," the student replied. " The FedEx truck came into us. " The California Highway Patrol released the recordings Thursday as investigators returned to the scene about 100 miles north of Sacramento to reconstruct aspects of the crash.

  • WASHINGTON, April 17- General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee.

  • Attorney: Deal reached in sudden acceleration suit Thursday, 17 Apr 2014 | 5:12 PM ET

    FLINT, Mich.— An attorney representing the family of a 77- year-old Flint- area woman killed when her 2005 Toyota Camry slammed into a tree after alleged sudden acceleration confirms that a deal has been reached in a lawsuit against the carmaker.

  • Muscle cars out in force at New York auto show Thursday, 17 Apr 2014 | 4:22 PM ET

    NEW YORK— Who says America has lost its muscle? Sure, there's something called the EV Pavilion, where visitors can ride around in a plug-in hybrid. Ford kicked off the show by putting a bright yellow 2015 Mustang on the 86th floor of the Empire State Building.

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Monday, 21 Apr 2014 | 12:02 AM ET

Simon Grose-hodge, Head of Investment Advisory, South Asia at LGT Bank Singapore, remains overweight on developed markets as the U.S. and Europe are showing signs of recovery.

Sunday, 20 Apr 2014 | 9:42 PM ET

Caroline Russell, CEO of Boh Plantations, speaks to CNBC's Julia Wood about the company's focus on maintaining dominance in its home market of Malaysia.

Sunday, 20 Apr 2014 | 8:47 PM ET

As the Beijing Auto Show kicks off on Monday, Martin Winterkorn, Chairman and CEO at Volkswagen, says plug-in hybrids will dominate its lineup in China for alternative energy cars.