Automobiles and Components


  • 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.

  • NEW YORK, Sept 15- Auto part makers were trading lower on Monday, as the deal to acquire TRW Automotive Holdings Corp by German car parts maker ZF Friedrichshafen failed to ignite any excitement in the sector.

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • Court: Tesla Motors can sell directly to buyers Monday, 15 Sep 2014 | 2:40 PM ET

    BOSTON— The state's highest court has thrown out a lawsuit aimed at blocking Tesla Motors from selling its upscale electric cars directly to consumers. The Massachusetts State Automobile Dealers Association had sought to prevent the direct sales, citing a state law designed to block car dealers from abuses by car manufacturers.

  • GM claims: By the numbers     Monday, 15 Sep 2014 | 2:13 PM ET

    General Motors' compensation fund announced its first round of victim claims relating to faulty GM vehicles. CNBC's Phil LeBeau reports the details.

  • GM eligible death claims will rise: Feinberg Monday, 15 Sep 2014 | 2:09 PM ET
    Kenneth 'Ken' Feinberg, managing partner and founder of Feinberg Rozen LLP

    There are 19 eligible claims for a person who died in a defective GM vehicle—and that number is likely to go higher.

  • Close look at GM ignition cases     Monday, 15 Sep 2014 | 1:17 PM ET

    CNBC's Phil LeBeau reports on the total number of compensation fund claims that have been received and approved by General Motors and attorney Kenneth Feinberg.

  • General Motors' transparent protocol     Monday, 15 Sep 2014 | 11:37 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the 445 claims already submitted since August 1. After speaking with families, Feinberg says this is not about the money for them, but more personal.

  • General Motors' first claims     Monday, 15 Sep 2014 | 11:34 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the process of firming up which of the 445 claims submitted since August 1 are eligible for compensation funds.

  • GM expert says 19 deaths eligible for compensation Monday, 15 Sep 2014 | 11:32 AM ET

    DETROIT— The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. Kenneth Feinberg said Monday that he has determined that 19 wrongful death claims are eligible for payments from GM.

  • PARIS, Sept 15- Nissan may begin purchasing electric-vehicle batteries from LG Chem as it opens procurement to external suppliers in addition to its own manufacturing with NEC Corp, Chief Executive Carlos Ghosn said on Monday.

  • GM's first round of ignition switch claims     Monday, 15 Sep 2014 | 11:00 AM ET

    CNBC's Phil LeBeau reports attorney Ken Feinberg's office has announced the first round of claims submitted tied to GM's faulty ignition switches.

  • 5 tips to get the best deal on a car loan Monday, 15 Sep 2014 | 11:00 AM ET

    To get the best loan deal, you need to do your homework. Here's a list of five things you should do.

  • ZF buying TRW Automotive for about $11.74B Monday, 15 Sep 2014 | 9:47 AM ET

    LIVONIA, Mich.— German automotive transmission maker ZF Friedrichshafen AG is buying Michigan- based TRW Automotive for $11.74 billion, a move that creates the world's second-largest auto supplier.

  • Sept 15- U.S. auto parts maker TRW Automotive Holdings Corp said it would be bought by German peer ZF Friedrichshafen for $13.5 billion, including debt, creating a global automotive supply powerhouse. ZF's offer of $105.60 per share in cash represents a premium of 1.7 percent to TRW's closing price of $103.85 on Friday.

  • Automobiles drag U.S. factory production lower Monday, 15 Sep 2014 | 9:15 AM ET

    WASHINGTON, Sept 15- U.S. manufacturing output fell for the first time in seven months in August as motor vehicle production declined, but the underlying trend remained consistent with steadily rising factory activity.

  • DETROIT, Sept 15- U.S. safety regulators have opened an investigation into an estimated 205,000 Ford Fiesta small cars after receiving consumer complaints that doors failed to properly latch or stay closed.

  • Safety agency investigates Ford Fiesta latches Monday, 15 Sep 2014 | 8:46 AM ET

    DETROIT— U.S. safety regulators are investigating complaints that the doors won't latch properly on some Ford Fiesta subcompact cars. The probe announced Monday covers about 205,000 Fiestas from the 2011 through 2013 model years. The National Highway Traffic Safety Administration says it has received 61 complaints about the doors.

  • General Motors Co, Honda Motor Co, which owns Acura, and other automakers are working with traditional suppliers and startup firms. Tech giants Google, with its pioneering work on driverless cars, and Apple, which is working with automakers to embed greater connectivity in their cars, are accelerating the change.

  • PARIS, Sept 15- Nissan boss Carlos Ghosn is preparing to cut battery manufacturing, people familiar with the matter said, in a new reversal on electric cars that has reopened deep divisions with alliance partner Renault.