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Automobiles and Components

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  • Dealer Closings Mean Deals As Cars Have To Go Monday, 18 May 2009 | 11:52 AM ET
    Customer at an auto dealership.

    At 789 Chrysler lots across America sit 44,000 potential bargains—cars and trucks that are stuck between shell-shocked dealers and a troubled company that no longer wants their services.

  • Now The Tough Part: Keeping Chrysler Relevant Monday, 18 May 2009 | 9:28 AM ET
    Chrysler

    Ask yourself these questions: If you are looking for a new car, truck, or minivan right now, will you buy a Chrysler, Dodge, or Jeep? Will you seriously consider one of those models?

  • GM May Focus on Cheaper Imports, Cut US Jobs Monday, 18 May 2009 | 6:33 AM ET
    Auto worker works on assembly line at GM Lansing Grand River plant.

    General Motors is engaged in negotiating a reorganization that could increase vehicle imports from its plants in Mexico and Asia while closing factories and cutting the work force in the United States.

  • Volkswagen Halts Talks with Porsche on Tie-Up Sunday, 17 May 2009 | 8:52 PM ET
    volkswagen_logo.jpg

    Volkswagen, Europe's largest carmaker, has halted tie-up talks with Porsche as it said its smaller peer and major shareholder was not ready for a merger.

  • Dying Detroit: How to Profit From It Friday, 15 May 2009 | 8:01 PM ET

    American automakers are struggling to stay alive, allowing smaller firms the chance to take market share. Here are Cramer’s favorites.

  • Stocks End Down Week With a Flop Friday, 15 May 2009 | 4:49 PM ET

    Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.

  • From TARP To Obama To Command-And-Control Friday, 15 May 2009 | 4:31 PM ET

    Speaking near Albuquerque, New Mexico, at a town-hall meeting on Thursday, Pres. Obama said the federal debt load is unsustainable and warned of skyrocketing interest rates. He neglected to say that his massive spending-and-borrowing policies are directly causing this problem.

  • GM Dealer: It's Like Willy Wonka Friday, 15 May 2009 | 12:07 PM ET
    GM logo, General Motors logo

    It's a tough day waiting for the mail. Hundreds of GM dealerships are getting letters telling them that time is running out, that it's unlikely their franchise contracts with the automaker will be renewed. Most of those contracts expire in October of NEXT year, so this doesn't mean 1,100 dealerships are disappearing overnight.

  • Stocks Struggle Despite Shot of Confidence Friday, 15 May 2009 | 11:23 AM ET

    Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.

  • Futures Pare Losses After Factory Reports Friday, 15 May 2009 | 9:21 AM ET

    Futures pared losses Friday after a pair of better-than-expected manufacturing readings.

  • Auto Sector Effectively Bankrupt: AutoNation CEO Friday, 15 May 2009 | 7:59 AM ET

    The US automobile industry is effectively bankrupt as it tries to navigate the way out of its worst ever crisis, but the industry will emerge stronger and General Motors should follow Chrysler into Chapter 11, Mick Jackson, chairman and CEO of AutoNation, told CNBC Friday.

  • Stocks Snap Losing Streak as Techs Rise Thursday, 14 May 2009 | 4:59 PM ET

    Stocks opened higher after Wal-Mart hit its earnings target but a pair of economic reports that missed expectations curbed gains.

  • Stocks rose on Thursday, snapping a two-day losing streak, as investors gave techs another go and Wal-Mart hit its earnings target. However, some economic reports that missed expectations curbed gains. Experts weighed in on the markets, the commercial real estate, and more... (UPDATED)

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    The move, which the dealers can appeal, is likely to cause devastating affects in cities and towns across the country as thousands of jobs are lost and taxes are not paid.

  • Pros Say: Market Correction a ‘Necessary Pause’ Thursday, 14 May 2009 | 12:13 PM ET

    Stocks rose on Thursday, snapping a two-day losing streak, as investors gave techs another go and Wal-Mart hit its earnings target. However, some economic reports that missed expectations curbed gains. Experts weighed in on the markets, the commercial real estate, and more...

  • Stocks Open Higher as Techs Bounce Back Thursday, 14 May 2009 | 10:30 AM ET

    Stocks opened higher after Wal-Mart hit its earnings target but a pair of economic reports that missed expectations curbed gains.

  • Futures Retreat After Jobless, PPI Reports Thursday, 14 May 2009 | 9:13 AM ET

    Futures pointed lower after a pair of economic reports came in worse than expected. Wal-Mart Stores reported earnings in line with expectations.

  • Chrysler Cuts Show End For Small Dealer Thursday, 14 May 2009 | 8:59 AM ET
    car_sales1.jpg

    For decades, they've been the backbone of auto sales in the U.S. The smaller independent dealer is what most of America grew up with. Now those smaller dealers are about to dwindle in number and influence.

  • GM to Pay Suppliers Pre-Bankruptcy Deadline: Report Thursday, 14 May 2009 | 8:13 AM ET

    General Motors plans to pay its suppliers before the deadline by which it must declare its bankruptcy, according to a report.

  • Pros Say: Buy Debt-Free US Stocks Thursday, 14 May 2009 | 7:54 AM ET

    Although global stocks were down again on Thursday, experts tell CNBC it is time to buy U.S. stocks, just not companies relying on the government.