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Automobiles and Components

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  • GM Says 19,000 U.S. Factory Workers Take Buyouts Thursday, 29 May 2008 | 2:42 PM ET
    General Motors

    General Motors said about 19,000 U.S. factory workers—just more than a quarter of its American blue-collar work force—had taken buyouts to leave the automaker.

  • $4 Gas Has Consumers at 'Tipping Point': AutoNation CEO Thursday, 29 May 2008 | 11:24 AM ET

    AutoNation CEO Mike Jackson joined the CNBC 'Squawk Box' crew to discuss the effects higher gasoline prices are having on the automotive industry and consumers.  Americans, he said, have finally reached the "tipping point" at four dollars a gallon.

  • Yes, gas prices are soaring, SUV values are tanking, and Detroit is bracing for the possibility of more job cuts. But there are reasons to be optimistic about the future of the industry. Here are four:

  • Companies Help Workers Cope With Gas Price Spike Thursday, 29 May 2008 | 8:03 AM ET

    With gas prices at record highs across the country, some employers are implementing measures to help their employees ease the cost of driving to work.

  • Lehman Cuts GM Price Target amid Revamp Talks Thursday, 29 May 2008 | 7:28 AM ET

    Lehman Brothers reduced its estimates for General Motors, cutting the share price target to $19.50 from $24, citing a fall in sales of pickup trucks and SUVs as well as a doubling of steel costs among headwinds facing the car maker.

  • GM's Problems: Who's To Blame? You Tell Me Wednesday, 28 May 2008 | 9:47 AM ET
    General Motors Headquarters

    It's not often that an e-mail makes me stop and say "Hmmmmm. Do a lot of people feel the same way?" But, this one from Nathan did just that.

  • Ford to Cut Up to 12% of Salaried Jobs Wednesday, 28 May 2008 | 8:57 AM ET

    Ford Motor plans to cut its U.S. salaried work force by up to 12 percent after its turnaround plan stalled because of the downturn in the U.S. economy, the Detroit News reported Wednesday.

  • MINI Is Maxing Out On Small Car Craze Tuesday, 27 May 2008 | 9:40 AM ET
    2008 Mini Cooper hardtop

    It's MINI that may be best positioned right now. WIth sales up 29.9% this year, The MINI Cooper and Clubman are compact cars with the unique combination of style and fuel efficiency in a tight little package.

  • GM's Stock Sell-Off And Why It's Happening Friday, 23 May 2008 | 2:31 PM ET
    GM logo, General Motors logo

    Depending on where things end up Friday GM shares go into the weekend at roughly $17.50 a share. dropping roughly 4% on Friday. It's nothing short of a horrendous end to a very tough week for General Motor's shareholders.

  • Ford No Longer Sees 2009 Profit, Cuts Production Thursday, 22 May 2008 | 4:36 PM ET

    Ford Motor warned on Thursday that it no longer expects to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.

  • 2008 Ford Expedition

    An employee at a Chicago area auto dealer e-mailed that he has customers coming in with Escalades, Tahoes, Ram pick-ups and other large cars and trucks. He says those customers are often upside down on their loans and are surprised at how little they are getting offered for their ride.

  • Honda Revs Up The Hybrid And Hydrogen Fuel Cell Race Wednesday, 21 May 2008 | 8:53 AM ET
    2007 Honda FCX

    In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S.

  • Smaller Pick Up Trucks May Be The Way To Go Tuesday, 20 May 2008 | 9:59 AM ET
    Ford

    Calling all truck lovers. Yes, those of you who drive a pick-up every day to work and those of you who just feel at home driving a big ol' F-Series or Silverado. Here's a question to ponder: Whatever happened to the small pick-up? You know, one like Ford's Ranger, which provided a basic, if sometimes unspectacular ride.

  • Can't Sell Your SUV? Blame It On The Cost of Gas Monday, 19 May 2008 | 11:13 AM ET

    A friend of mine said it best this weekend. He owns a Lincoln SUV that he wants to sell. Understandably, he's having trouble getting anything close to what he thinks he should. The frustration on his face was evident as he told me, "I guess I'll just take a bath on it."

  • UAW Urges Adoption of Axle Deal to Angry Workers Monday, 19 May 2008 | 4:06 AM ET

    United Auto Workers officials Sunday urged American Axle & Manufacturing Holdings workers to ratify a contract that would cut wages by almost 40 percent, shutter three plants and end a three-month-old strike with a subsidy of $218 million from General Motors.

  • Red Ferrari

    For Ferrari fans, outside of a owning/driving a vintage model, the only thing better is climbing into a new model for the first time. This is the reason, many will be watching with great anticipation when Ferrari unveils its newest model, the California, at the Paris Auto Show in October.

  • Tata's 100 Miles Per Gallon Bet Thursday, 15 May 2008 | 10:23 AM ET
    Tata Motors

    Here's one for those of you who think auto manufacturers should be trying to build cars that get 100 mpg (and yes, there are a lot of you out there based on the e-mails I get from you). Tata Motors is the first mass-market automaker to enter the automotive X Prize competition...

  • Smart Fortwo Cars Might Be Safer Than You Think Wednesday, 14 May 2008 | 10:48 AM ET
    2007 Smart Fortwo Cabriolet

    I have to admit that I was like many of you when it came to the Smart Fortwo compact car. I thought it was a cute little car, but how could that pint size ride possibly keep you safe in an accident?

  • The future of mass market quantities of electric cars is getting a big push today from one on the more "electric" leaders in the auto industry. Nissan/Renault CEO Carlos Ghosn is expected to announce his company plans to sell its first electric cars in the U.S. by 2010--according to the New York Times.

  • Nissan Plans Electric Car in U.S. by ’10 Tuesday, 13 May 2008 | 9:51 AM ET
    Electric Car Prototype

    The Nissan Motor Company plans to sell an electric car in the United States and Japan by 2010, raising the stakes in the race to develop environmentally friendly vehicles