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Automobiles and Components

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  • GM unveils all-new Cadillac CT6   Wednesday, 1 Apr 2015 | 7:20 AM ET
    GM unveils all-new Cadillac CT6

    Mark Reuss, General Motors executive vice president, provides a look at the new luxury Cadillac, loaded with high-tech features. There's a lot of safety innovations in the car, says Reuss.

  • By The Numbers: The New York International Auto Show Wednesday, 1 Apr 2015 | 7:16 AM ET

    The New York International Auto Show is open to the public April 3-12. It was the first auto show ever held in North America. $263 million: Estimated economic impact of the show in 2014. Tickets cost $16 for adults and $7 for children.

  • NOVO-OGARYOVO, Russia, April 1- Russia's government has agreed to provide state guarantees of debts worth 16 billion roubles to car maker GAZ and another 19 billion roubles to airline UTair, Economy Minister Alexei Ulyukayev said on Wednesday.

  • RUSSIA'S ECONOMY MINISTER SAYS GOVERNMENT PLEDGES 16 BLN RBLS TO GAZ CAR MAKER AND ANOTHER 19 BLN RBLS TO UTAIR AIR COMPANY.

  • It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Miami is luring Argentinians,...

  • Scion youth looks to sedan, hatchback to revive sales Tuesday, 31 Mar 2015 | 9:01 PM ET

    NEW YORK— Toyota is turning to a sporty hatchback and a low-cost sedan to restore some hipness— and sales— to its youth-oriented Scion brand. If it snags a few baby boomers along the way, so be it. Brand chief Doug Murtha says the new cars to be unveiled at the New York auto show this week stay true to the original mission.

  • Buffett says he expects to buy more car dealerships Tuesday, 31 Mar 2015 | 5:31 PM ET

    NEW YORK— Fresh off buying the nation's fourth-largest chain of car dealers, billionaire investor Warren Buffett says he expects to buy more dealerships even as a robust auto market makes showrooms more expensive. Sitting on a panel at the NADA/ J.D. Power Automotive Forum Tuesday, Buffett said he doesn't worry about overpaying for a dealer.

  • NEW YORK, March 31- Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said he would not raise interest rates significantly if he ran the Federal Reserve. Buffett spoke at an automotive industry conference in New York, along with the chairman of the Berkshire Hathaway automotive dealer group, Larry Van Tuyl.

  • What cars do Larry Van Tuyl & Warren Buffet drive?   Tuesday, 31 Mar 2015 | 2:51 PM ET
    What cars do Larry Van Tuyl & Warren Buffet drive?

    Berkshire Automotive Chairman Larry Van Tuyl, and Berkshire Hathaway's Warren Buffett, discuss what kinds of cars they drive themselves.

  • Buffett & Van Tuyl: Tesla not a threat   Tuesday, 31 Mar 2015 | 2:20 PM ET
    Buffett & Van Tuyl: Tesla not a threat

    CNBC's Becky Quick asks if Tesla is a threat to Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl.

  • Warren Buffet jokes 'no retirement age'   Tuesday, 31 Mar 2015 | 2:18 PM ET
    Warren Buffet jokes 'no retirement age'

    Berkshire Hathaway's Warren Buffett answers if there are any challenges in the finance and insurance segment for Berkshire Automotive and the Van Tuyl Group.

  • Warren Buffett's 'good Detroit welcome'   Tuesday, 31 Mar 2015 | 2:16 PM ET
    Warren Buffett's 'good Detroit welcome'

    Berkshire Hathaway's Warren Buffett says he got a "good Detroit welcome" from GM CEO Mary Barra and Ford CEO Mark Fields.

  • More desire for bigger vehicles: Van Tuyl   Tuesday, 31 Mar 2015 | 2:14 PM ET
    More desire for bigger vehicles: Van Tuyl

    Insight to what auto demand looks like right now in the wake of cheaper gas, with Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl.

  • Van Tuyl: Want to stay in US for now   Tuesday, 31 Mar 2015 | 2:10 PM ET
    Van Tuyl: Want to stay in US for now

    Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl, discuss expansion beyond the initial deal between Berkshire Hathaway and auto dealership The Van Tuyl Group.

  • Larry Van Tuyl: Berkshire-Van Tuyl marriage made in heaven

    Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl, discuss the decision to sell auto dealership The Van Tuyl Group to Berkshire Hathaway.

  • WASHINGTON, March 31- German-based auto parts company Robert Bosch GmbH agreed to plead guilty to fixing the prices of spark plugs and other auto parts, the U.S. Justice Department said on Tuesday. Robert Bosch is accused of rigging bids for spark plugs, oxygen sensors and starter motors sold to Ford Motor Co, General Motors Co, and others between 2000 and 2011, the...

  • Van Tuyl: Cheap gas boosts car sales on some models

    Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl weigh in on consumer spending, cheap gas, and the factors contribute to car sales.

  • Buffett: Our auto biz will get 'a whole lot bigger'

    Berkshire Hathaway's Warren Buffett and Berkshire Automotive Chairman Larry Van Tuyl, discuss Buffett's move into the car business.

  • BRASILIA, March 31- Industrial output in Brazil probably dropped in February as a nationwide truck strike disrupted production at automakers and food processors, a Reuters poll showed on Tuesday. About 60 pork and poultry plants closed temporarily and production lines at Fiat and General Motors plants were also affected. The strike, which lasted two weeks in...

  • WASHINGTON, March 31- German-based auto parts company Robert Bosch GmbH agreed to plead guilty to fixing the prices of spark plugs and other auto parts, the Justice Department said on Tuesday. The company agreed to pay a criminal fine of $57.8 million. The company's settlement is the most recent in a long list of auto parts makers- 34 total- who have pleaded guilty or...