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Automobiles and Components

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  • UK Gas Stations Struggle as Fuel Strikes Continue Friday, 13 Jun 2008 | 6:53 AM ET

    A four-day strike over pay by hundreds of tanker drivers hit Shell fuel stations across Britain on Friday after last-ditch pay talks broke down.

  • Americans Want Hybrids And Toyota's Ready To Build More Thursday, 12 Jun 2008 | 11:05 AM ET

    A new survey today by Auto Futures Group/TechnoMetrica concludes that people would rather buy gas/electric hybrids instead of diesel powered cars. Diesel fans will roll their eyes and say that's ridiculous, but that's the way it is.

  • Ford Truck Plants Going Into Car-Building Business Wednesday, 11 Jun 2008 | 1:18 PM ET
    Ford announced today that it is cutting production by 21% resulting in downtime at the assembly plant in St. Thomas Ontario on Friday Aug. 18, 2006. Ford Motor Co. announces sharp cuts in its North American production that would force it to partially shut down plants in the U.S. and Canada in the fourth quarter. (AP Photo/Canadian Press, Geoff Robins)

    Ford Motor is assembling a plan to retool its North American truck plants to build cars in a bid to keep up with changing consumer demand in the United States, the Detroit News reported Wednesday.

  • 2008 Honda Civic

    The switch to 4 cylinders is picking up momentum, with the small engines powering almost half of all the vehicles sold last month. Yes, that's right, the 4 banger is doing a lot more than driving small and mid size cars. The reason? People are desperate to save money and these engines do that on two fronts.

  • Chrysler Boss: Cerberus Not Second-Guessing Deal Wednesday, 11 Jun 2008 | 4:14 AM ET

    Chrysler Chief Executive Robert Nardelli said Tuesday that the private equity buyers of auto maker Chrysler weren't second guessing their decision to buy Chrysler, and that the business was ahead of target.

  • Chrysler May Cut Output Amid Truck Sales Fall: WSJ Wednesday, 11 Jun 2008 | 4:09 AM ET

    NEW YORK (Reuters) - Chrysler LLC may cut production further amid a steep drop in truck sales, according to a Wall Street Journal online report citing an interview with Chief Executive Robert Nardelli on Tuesday.

  • Kerkorian's Ford Tender Attracts Huge Interest Tuesday, 10 Jun 2008 | 9:46 AM ET
    Ford

    Billionaire Kirk Kerkorian's investment company said Tuesday its tender offer for 20 million additional shares of Ford Motor attracted a huge response and will easily enable it to increase its stake in the automaker to about 5.5 percent.

  • Ford, Chrysler "Power" Rides Face Difficult Road Ahead Tuesday, 10 Jun 2008 | 9:39 AM ET
    2008 Dodge Challenger

    Chrysler is not playing up the Challenger's HEMI engine as the classic muscle car returns. Who can blame them. The HEMI was a hot selling point a few years ago when gas was cheap and buyers clamored for power.

  • Four Dollar A Gallon Gas Fueling Hope For Hydrogen Monday, 9 Jun 2008 | 8:44 AM ET
    2007 Honda FCX

    When gas prices spike, the public finally opens its eyes to alternatives. It happened in the mid '70's when compact cars became big sellers. It's happening again today with hybrids flying off of lots.

  • Making Big Bucks From Batteries Friday, 6 Jun 2008 | 7:18 PM ET

    If speculation makes investing fun, then these stocks offer a wild ride.

  • Week Ahead: Oil Gusher Could Swamp Stocks Friday, 6 Jun 2008 | 7:14 PM ET

    Gushing oil prices could swamp stocks in the week ahead, and even if crude pulls back, expect volatility.

  • Oil Price Spike Makes Auto Flexibility Crucial Friday, 6 Jun 2008 | 6:10 PM ET

    With oil surging to $138.54 and being projected by some to hit $150 by July 4, it's putting immediate pressure on automakers to adjust production and push small cars and crossovers while pulling back on trucks and SUVs. On paper, this shift seems simple enough. In reality, it's not so easy.

  • Oil Shock Stocks Friday, 6 Jun 2008 | 1:03 PM ET

    J.P. Morgan's strategist Thomas Lee told me this two weeks ago: "I think if oil stays at $130, equities are in big trouble...because there's so much pressure here on corporate America because of this oil price."

  • It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.

  • Today's Cars And Trucks Really Are Made Better Wednesday, 4 Jun 2008 | 1:46 PM ET
    J.D. Power & Associates

    This year Porsche is number 1 with an average of 67 problems per 100 made. It's followed by Infiniti (jumping from 9th to 2nd), Lexus, Mercedes and Toyota. The Porsche victory is not surprising given it historically does well in quality surveys. Infiniti's jump is impressive and will help that brand continue on the resurgence it's enjoyed in the last couple of years.

  • Mark it down. May is the month that finally broke the back of the Big 3's great run with trucks and SUVs. Oh sure, Detroit still dominates the truck business, but it's clear buyers want something less, that's what is hurting Detroit.

  • US Auto Sales Slide in May as Buyers Spurn Trucks Tuesday, 3 Jun 2008 | 4:28 PM ET
    Woman looks at new Toyota Camry on dealer lot

    General Motors and Ford reported sharp falls in U.S. auto sales in May, with sales of trucks hit especially hard as consumers shied away from automobiles with low gas mileage. Toyota Motor, meanwhile, reported a smaller decline.

  • GMAC's Mortgage Unit Gets Cash to Stay Afloat Tuesday, 3 Jun 2008 | 11:49 AM ET

    Residential Capital said Tuesday that parent GMAC and private equity firm Cerberus Capital Management agreed to inject more than $1.4 billion in cash, a move that may help the struggling mortgage lender stay solvent.

  • Dollar Vs. Crude: Is Anyone Winning? Tuesday, 3 Jun 2008 | 11:16 AM ET

    Sure, some analysts are skeptical about the relationship between oil and the dollar. The conventional wisdom, though, is that the weaker dollar has encouraged investors to buy dollar-denominated commodities to hedge inflation and has contributed in some part to rising oil prices.

  • GM Gets Jolt From Consumers Tuesday, 3 Jun 2008 | 10:34 AM ET

    It's sad that it took record high gasoline prices for GM to figure out what it takes to be a competitive global auto maker. It's sad that GM has to go through yet another wrenching restructuring, closing plants and sacking workers from lines that make trucks and big SUVs.