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Automobiles and Components

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  • Ferrari 488 GTB unveiled  Wednesday, 4 Mar 2015 | 4:45 AM ET

    Amadeo Felisa, CEO of Ferrari, discusses its latest model, the 488 GTB, at the Geneva Motor Show.

  • *Europe chief Didier Leroy to be first foreign EVP. *Japan aims to have women in 30 pct of top jobs by 2020. The world's biggest automaker appointed Europe chief Didier Leroy to become one of six executive vice presidents effective after the company's annual shareholders' meeting in June.

  • Honey, we shrank the SUV _ and Europe loves it Wednesday, 4 Mar 2015 | 2:18 AM ET

    The key in Europe has turned out to be putting the vehicles on platforms originally built for compact or small mid-sized cars. Compact SUVs have gained in popularity globally, but they're really getting attention now in Europe. The recently lower price of gasoline will not hurt, although gas remains painfully expensive in Europe compared with the United...

  • TOKYO, March 4- Uber Technologies Inc is reviewing its ride sharing service in the southern Japanese city of Fukuoka after the transport ministry said it had banned the pilot project, citing potential legal concerns. Uber's month-old Fukuoka service pays drivers who use cars registered for personal use to ferry around passengers, a business model that...

  • TOKYO, March 4- Toyota Motor Corp said on Wednesday it will promote two foreigners to senior posts- one marking the first woman to hold an executive title- in a drive towards diversifying its management, long dominated by Japanese men. The world's biggest automaker appointed its European chief, Didier Leroy, to become one of six executive vice presidents after its...

  • US auto sales dampened by weather: Pro  Tuesday, 3 Mar 2015 | 10:24 PM ET

    John Humphrey, senior VP of Global Automotive Operations at J.D. Power, attributes the poor February auto sales to weather-related factors and says fundamentals of the industry remain strong.

  • Don't worry about sluggish US car sales: Pro  Tuesday, 3 Mar 2015 | 6:51 PM ET

    Brian Sponheimer, auto & capital equipment analyst at Gabelli & Company, explains why he's not worried about slower-than-expected U.S. auto sales in February.

  • March 3- Apple Inc is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division. Around June 2014 Apple began aggressively poaching A123 engineers tasked with leading some of the company's most critical projects, A123's lawsuit...

  • How Subaru of America plans to keep sales going  Tuesday, 3 Mar 2015 | 5:34 PM ET

    Thomas Doll, president and COO of Subaru of America, outlines how the automaker plans to sustain the positive momentum in its sales results, which saw a rise of 18.5 percent on-year in February.

  • CHARLESTON, S.C., March 3- Daimler AG is set to announce it will build Mercedes-Benz Sprinter vans at its plant in South Carolina and add 1,200 jobs there as a result, a state politician said on Tuesday. South Carolina State Representative Chip Limehouse, a Republican from Charleston, said officials in North Charleston, South Carolina, told him the German automaker...

  • Ford falls. What's next?  Tuesday, 3 Mar 2015 | 5:25 PM ET

    The "Fast Money" traders discuss their top auto stock picks.

  • WASHINGTON, March 3- U.S. automakers have written to Federal Reserve Chair Janet Yellen to say the U.S. central bank need not worry about the impact of adding currency rules to trade deals. Yellen warned Congress last week against a bid to crack down on currency cheats and said adding currency rules to trade deals could hobble monetary policy.

  • Top selling vehicles in the US in February Tuesday, 3 Mar 2015 | 4:22 PM ET

    These were the top selling vehicles, the number sold and the percent change from February 2014.

  • Geneva Motor Show hot reveals  Tuesday, 3 Mar 2015 | 2:56 PM ET

    CNBC's Robert Frank discusses the top luxury cars unveiled at the Geneva Motor Show and how the market will respond to these cars.

  • Lexus leads luxury auto sales in Feb.  Tuesday, 3 Mar 2015 | 2:55 PM ET

    CNBC's Phil LeBeau reports the final numbers in auto sales for the month of February. The February auto sales rate comes in at $16.23M.

  • General Motors, Honda lead all automakers in recalls Tuesday, 3 Mar 2015 | 2:53 PM ET

    DETROIT— General Motors Co. and Honda Motor Co. topped the U.S. government's list of automakers with the most recalled vehicles last year. Widening problems with air bag inflators made by Japan's Takata Corp. pushed Honda into second place with 18 recalls totaling just over 9 million vehicles. More than half of Honda's recalled vehicles— 5.4 million— were due to...

  • HARTFORD, Conn.— Electric-car maker Tesla Motors on Tuesday offered to make some compromises to help state lawmakers pass legislation this year allowing direct sales to Connecticut consumers. To further limit the impact of the legislation, Tesla said it would agree to language restricting direct sales to manufacturers with an established presence in...

  • TORONTO, March 3- Fiat Chrysler Automobiles topped February sales in Canada, handily beating Ford Motor Co, which posted lower car and truck sales, according to company sales data. The company said it expects growth to continue as it launches new products in Canada, including the Jeep Renegade. Ford Canada said sales of its F-150 pickup rose 10 percent, setting a new...

  • TORONTO, March 3- Fiat Chrysler Automobiles' Canadian sales edged up 1 percent to 18,711 vehicles in February from a year earlier, the company said on Tuesday, barely maintaining a 63- month streak of year-over-year sales growth. The company said it expects growth to continue as it launches new products in Canada, including the Jeep Renegade.

  • PSA claims victory in Citroen brand revamp Tuesday, 3 Mar 2015 | 12:28 PM ET

    GENEVA, March 3- French carmaker PSA Peugeot Citroen may expand sales of its C4 Cactus compact SUV to China, a senior executive said on Tuesday, in a sign that a repositioning of the Citroen brand is bearing fruit. Under the Peugeot group's Chief Executive Carlos Tavares, Citroen is attempting to forge a funky but frugal image while sister brand Peugeot challenges...