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Automobiles and Components

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  • Pros Say: Secondary Offerings = Bad Idea Now (UPDATED) Wednesday, 13 May 2009 | 6:01 PM ET

    Stocks declined on Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. Some analysts said these fits and starts are just the market cooling down, after a runup of 30 percent since its 12-year low in early March. Read and listen to what the experts had to say... (UPDATED)

  • Stocks Shed Over 2% as Retail Sales Disappoint Wednesday, 13 May 2009 | 5:52 PM ET

    Stocks lost more than 2% Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.

  • Pros Say: Forget ‘Buy-and-Hold’ Stock Strategy Wednesday, 13 May 2009 | 2:29 PM ET

    Stocks declined on Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. Some analysts said these fits and starts are just the market cooling down after a runup of 30 percent since the market hit a 12-year low in early March. Read and listen to what the experts had to say...

  • Stocks Slide as Retail Sales Disappoint Wednesday, 13 May 2009 | 2:25 PM ET

    Stocks declined Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month. A brief reprieve after the business-inventories report and comments from President Obama fizzled.

  • Dealers Split On Plans To Close Stores Wednesday, 13 May 2009 | 11:49 AM ET
    GM Dealership

    They are in the crosshairs of the auto task and passionate about their feelings over GM and Chrysler plans to drop dealers. What's interesting is that not all dealers are against the idea of trimming the dealer ranks, while others are fearing the end of business' that have been in their family for years.

  • Inventories, Obama Help Stocks Pare Losses Wednesday, 13 May 2009 | 10:38 AM ET

    Stocks pared their losses Wednesday after a report showed business inventories shrunk at a slower pace and remarks from President Obama on health-care reform.  Still, stocks remained under pressure as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.

  • Dealers Fighting Day Of Reckoning Wednesday, 13 May 2009 | 9:45 AM ET
    Jeep_auto_sales.jpg

    For auto dealers, this may go down as the worst week ever. GM will announce plans to cut 2600 dealerships while Chrysler drops roughly 850. That's roughly 42% of the GM dealerships and 27% of the Chrysler stores going away.

  • Futures Slip Before Retail Sales; Banks Lower Wednesday, 13 May 2009 | 7:35 AM ET

    Stock index futures indicated a lower opening for Wall Street Monday, as bank shares continued to struggle and investors looked for guidance on the strength of the economy from retail sales numbers.

  • What the Pros Say: Why China Does Stimulus Best Wednesday, 13 May 2009 | 5:18 AM ET

    Global stocks were higher Wednesday despite data out of China showing the country's industrial output rose less than expected in April. But experts tell CNBC there is real growth potential in the Asian economy.

  • Web Extra: Insider Alert! Tuesday, 12 May 2009 | 6:19 PM ET
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    GM plunged to a 76-year low after six executives liquidated their holdings in the automaker. Tim Seymour smells a trade!

  • Ford Shares Plunge, While GM Hits 76-Year Low Tuesday, 12 May 2009 | 6:00 PM ET
    Auto worker works on assembly line at GM Lansing Grand River plant.

    Investors dumped shares of both Ford Motor and General Motors on Tuesday, with GM hitting its lowest level since the Great Depression.

  • Chrysler Dealers Will Be Able to Get GMAC Financing Tuesday, 12 May 2009 | 3:21 PM ET
    chrysler_logo_backruptcy3.jpg

    A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.

  • Gas Cheaper, But Wages Keeping People Home Tuesday, 12 May 2009 | 3:08 PM ET
    rv_3.jpg

    As Americans prune their expenses because of the relentless recession, the family vacation is taking a hit. A third of those surveyed in an AP-Gfk Poll released Monday said they had already canceled at least one trip this year because of money.

  • GM Shareholders, Executives Run For Cover Tuesday, 12 May 2009 | 1:06 PM ET
    General Motors

    It's kind of like watching a car crash. You know it's sad. You know it's awful. But you can't stop looking at it. I'm not trying to be trivial about the plunge in GM shares this week.

  • Germans Turn Doubtful on Fiat’s Plans for Opel Tuesday, 12 May 2009 | 10:58 AM ET
    Opel Factory

    Even as Sergio Marchionne, the chief executive of Fiat, is considered a potential savior for Chrysler in the United States, German politicians, executives and union bosses are casting a more skeptical eye on his bid for Opel and the rest of General Motors’ European operations.

  • The Four 'Best Value' Cars on the Road Tuesday, 12 May 2009 | 10:43 AM ET

    Looking to buy a new car? There may never be a better time than right now.

  • Auto Bankruptcy 'Babies' About To Be Born Tuesday, 12 May 2009 | 8:41 AM ET
    Empty GM Dealership

    For months we've all heard the warnings. If GM and Chrysler go bankrupt it will trigger a host of other bankruptcies from suppliers to dealers.

  • Pros Say: Expect US Economy Turnaround Soon Tuesday, 12 May 2009 | 5:19 AM ET

    Global stocks were mostly higher Tuesday as expectations grew that the worst may be over for the global economy. Experts interviewed by CNBC consider whether the expectations are founded.

  • Stocks Shed 1.8% as Banks Skid; Techs Gain Monday, 11 May 2009 | 4:57 PM ET

    Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.

  • Web Extra: 3 Things to Know About Auto Incentives Monday, 11 May 2009 | 4:27 PM ET

    NOT SEEN ON T.V.: Stroll onto any car dealership in the country right now and you might as well be walking onto the set of ‘Let’s Make a Deal.’