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Automobiles and Components

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  • What You Need to Know Before You Buy an American Car Tuesday, 28 Apr 2009 | 10:48 AM ET

    The industry is reeling, but it doesn't mean you have to walk away from the thought of buying American.

  • Is This The Final "Fix" For GM? No Way Tuesday, 28 Apr 2009 | 10:00 AM ET
    Fritz Henderson

    GM CEO Fritz Henderson is a straight shooter. It's one of the things about him that I like. That said, how many of us believe the man when he says GMs latest restructuring plan is the final "fix" for the auto maker? Count me among those who are skeptical.

  • Pros Say: Don't Bank on Cash; Shed Gold Tuesday, 28 Apr 2009 | 8:38 AM ET

    It may be the safe-haven choice of the financial crisis, but experts tell CNBC that cash will underperform over the next 10 years.

  • Stocks Slide Amid Swine-Flu Fears; GM Soars Monday, 27 Apr 2009 | 5:39 PM ET

    Stocks bounced back from a swine flu-induced drop Monday as traders scooped up shares of drug makers and pharmacies.

  • Buyer Beware: Extended Auto Warranties Monday, 27 Apr 2009 | 11:16 AM ET

    You've probably seen the commercials, but these companies are not always what they seem.

  • GM To Be Number One No More? Monday, 27 Apr 2009 | 7:15 AM ET
    GM Headquarters

    Now that GM is putting Pontiac out to pasture, planning to cut another 6 production plants in the U.S., and squeeze out hundreds of dealers, I am hard pressed to see how GM remains #1 in U.S. sales.

  • Pros Say: Stocks Are Still Good Long-Term Bet Monday, 27 Apr 2009 | 5:06 AM ET

    Global stocks were down Monday, after enjoying 7 weeks of gains, as concerns of the outbreak of swine flu spooked investors. But experts tell CNBC that stocks are still a good long-term bet.

  • End Of The Road For Pontiac Friday, 24 Apr 2009 | 3:43 PM ET
    pontiac_g8_gxp.jpg

    After eight decades the Pontiac brand is about to die or be sold by GM. The auto maker will announce the end of the iconic American brand early next week. Pontiac is the latest casualty of the radical down-sizing of General Motors.

  • Ford's Mulally: 'We Are Turning The Tide' Friday, 24 Apr 2009 | 10:03 AM ET
    Alan Mulally

    Seldom has a loss of almost $2 Billion ever looked so good. Then again, when you are Ford and you continually turn in better than expected results, losing a couple billion is further proof business is turning around.

  • More Americans Nuke the Microwave Friday, 24 Apr 2009 | 10:00 AM ET

    It's not just the TARP wife. The recession has Americans from coast to coast redefining their definition of luxury, according to a new Pew Research survey. One of the biggest casualties: The microwave.

  • U.S. Is Said to Prepare Filing for Chrysler Bankruptcy Thursday, 23 Apr 2009 | 3:39 PM ET

    The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler that could come as soon as next week, people with direct knowledge of the action said Thursday.

  • Treasury, Debt Holders Continue Chrysler Negotiations Thursday, 23 Apr 2009 | 3:35 PM ET
    Chrysler

    Negotiations over the fate of Chrysler continue between the Treasury department and the banks that hold $6.9 billion of Chrysler's debt.

  • Latest Green Cars Thursday, 23 Apr 2009 | 2:12 PM ET
    With President Obama committing $2.4 billion in stimulus package money for the development of electric vehicle technology, US automakers may have enough incentive to make the green car plunge and help contribute to the one million plug-in vehicles the President would like to have on the road by 2015. So-called alt energy-powered vehicles, both production or concept models, were on display at the recent New Yok Auto Show. Here's a sampling.

    So-called alt energy-powered vehicles, both production or concept models, were on display at the recent New Yok Auto Show. Here's a sampling.

  • US Auto Sales Seen Down 33 Percent In April Thursday, 23 Apr 2009 | 1:03 PM ET
    SUVS_lot.jpg

    U.S. industrywide retail auto sales declined about 33 percent in the first 16 days of April compared to a year ago, but the market shows some signs of stabilizing, according to J.D. Power and Associates.

  • Treasury Said to Raise Offer to Chrysler Lenders Thursday, 23 Apr 2009 | 10:31 AM ET

    The Treasury Department has increased its offer to repay Chrysler’s senior lenders as part of continuing talks on how to reduce the company’s debt, a person who had been briefed on the talks said on Wednesday.

  • GM Cuts While Chrysler Faces The End Thursday, 23 Apr 2009 | 9:06 AM ET
    2007 Chrysler 300

    With one week left before Chrysler faces the very real prospect of filing for Chapter 11 reorganization, and potentially a Chapter 7 liquidation, GM is acting like a company already in bankruptcy. In other words, the end game is almost here. As we're seeing now, it's messy and everyone involved will be feeling the pain.

  • US Moves Closer to Becoming A Major Shareholder In GM Wednesday, 22 Apr 2009 | 3:49 PM ET
    GM auto dealership with sign.

    The government is increasingly likely to convert a $13.4 billion loan to GM into equity, giving taxpayers a big stake in the struggling auto maker, sources told CNBC.

  • An Effort to Save Flint, Mich., by Shrinking It Wednesday, 22 Apr 2009 | 11:33 AM ET
    Abandoned home in Flint, Michigan.

    Instead of waiting for houses to become abandoned and then pulling them down, local leaders are talking about demolishing entire neighborhoods, the NYT reports.

  • As the world grapples with headlines about bailouts, bankruptcies and pirates, a lone dove has emerged on YouTube to save the global economy.

  • Pros Say: There's Still Gold in Green Tuesday, 21 Apr 2009 | 12:16 PM ET
    going_green.jpg

    In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.