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Automobiles and Components

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  • Sure You Can Go Home Again Friday, 17 Aug 2007 | 10:45 AM ET
    plymouth fury

    The year is 1967. I'm stopped at a red light in Bloomfield Hills, Michigan. I'm with a buddy, Mike Sprout. The car is a 1966 red  Barracuda. In the car next to me at the light are two young women. The light turns green, we 'drag' away from the light. I win. It's Detroit. It's what we do. It's Woodward Avenue.

  • July's Hot Cars: Gas Sippers Being Gobbled Up Thursday, 16 Aug 2007 | 11:04 AM ET
    2007 Toyota Prius

    If you thought the move toward hybrids and fuel-efficient sub-compacts was a trend that had perhaps slowed down, think again. This week J.D. Power and Associates released its list of the fastest selling cars and trucks in July and the hottest rides are gas sippers.

  • BMW Sedan Performs Worst in Crash Test Thursday, 16 Aug 2007 | 4:35 AM ET

    The 2008 BMW 5 Series was the worst performer in new side-impact crash tests of luxury sedans by the insurance industry.

  • Ready to Give Chrysler Another Look? Wednesday, 15 Aug 2007 | 10:35 AM ET

    Today Chrysler dealers are holding a party. Ready to go?

  • Ford to Meet India's Tata, Mahindra: Paper Tuesday, 14 Aug 2007 | 4:46 AM ET

    Ford Motor, which is exploring the sale of its Jaguar and Land Rover brands, has contacted India's Tata Motors and Mahindra & Mahindra for management meetings, the Economic Times said on Tuesday.

  • How Quickly can Nardelli Fix Chrysler? Monday, 13 Aug 2007 | 2:05 PM ET
    Bob Nardelli

    One week after Cerberus Capital announced former Home Depot spacerCEO Bob Nardelli will take over Chrysler, the reality of the job he faces in fixing the automaker is clear. It is gonna take a while.

  • The price of gasoline dropped about 17 cents over the last two weeks, according to a national survey released Sunday.

  • Ford CEO Alan Mulally's suggestion that higher fuel taxes might curb our country's gas consumption is one of those ideas that makes sense on paper, but in reality, likely won't happen. I know, some of you are gonna say, "wait a minute, they pay higher gas taxes in Europe. If it works there, Why can't it work here?"

  • Buick, Lexus Tie in Dependability Study Friday, 10 Aug 2007 | 4:22 AM ET

    Buick tied with Lexus as the highest-ranking brand in a closely watched study of vehicle dependability, marking the first time in 12 years that Lexus has shared the top award, J.D. Power and Associates said Thursday.

  • Sir Nick Scheele, Ford Motor's chief operating officer between 2001 and 2005, has entered the bidding for Jaguar and Land Rover, the Financial Times reported.

  • GM Raises Incentives to Boost Sales in August Thursday, 9 Aug 2007 | 2:32 PM ET
    A Chevrolet dealership in Loveland, Colorado.

    General Motors  is raising incentives to boost sales in August, mainly in the full-size pickup truck segment, the automaker's global head of product development said Thursday.

  • Buick Is Now As Good As Lexus--Say What? Thursday, 9 Aug 2007 | 8:27 AM ET

    Admit it, the headline caught your attention. Admit it, you may have scoffed and said, "yeah right" sarcastically. Admit it, you never imagined Buick and Lexus would be considered "equals."Well, back up your daddy's LeSabre and check out the latest vehicle dependability results from J.D. Power and Associates. For the first time in 12 years, another brand tied Lexus.

  • Bridgestone First-Half Operating Profit 21% Higher Thursday, 9 Aug 2007 | 5:00 AM ET

    Top Japanese tire maker Bridgestone posted a 21.3% rise in half-year operating profit as the yen weakened and sales grew, especially in higher-margin segments, and tweaked its recently increased forecasts for the full year.

  • Barry Bonds' Homer: Kragen Auto Parts Circles Bases Too Wednesday, 8 Aug 2007 | 10:49 AM ET
    Barry Bonds record breaking shot.

    Matt Murphy, who caught home run ball No. 756, wasn’t the only winner on Tuesday night, so too was Kragen Auto Parts, whose rotating sign was behind home plate when Barry Bonds hit the record-breaking shot. Eric Wright of the sponsorship evaluation firm Joyce Julius & Associates told me this morning that he believes Kragen will receive in between $5 million and $6 million in equivalent advertising time for being associated with the moment...

  • China's Chery Car: Safe At Any Speed For U.S. Market? Wednesday, 8 Aug 2007 | 8:51 AM ET

    There's a new video on the web that's sure to entertain skeptics of the Chinese auto industry. It's video of a car from China's Chery Automobile faring poorly in a crash test in Russia. For those who fear the Chinese auto industry hurting the Big 3, this video will give them the ammunition they need to take shots at the Chinese.

  • DaimlerChrysler Still has Excess Liquidity Wednesday, 8 Aug 2007 | 6:42 AM ET

    DaimlerChrysler still believes it has excess liquidity on hand but has not yet decided what to do with it, a spokesman for the world's fifth-biggest carmaker said on Wednesday.

  • Toyota's 'War Chest' Keeps It Gunning for GM Tuesday, 7 Aug 2007 | 8:56 AM ET

    Amid the headlines this weekend about Cerberus closing the Chrysler deal and shaking up management at the automaker, one piece of news came out that blew me away. In the second quarter, Toyota posted a record profit of $4.13 billion dollars. Sounds staggering by itself until you look at it this way: every day last quarter Toyota made more than 44 million dollars. Almost 2 million dollars a day!

  • BMW Reports Jump in July Sales Tuesday, 7 Aug 2007 | 6:28 AM ET

    BMW, the world's biggest producer of luxury automobiles, said Tuesday that sales rose in July, as well as in the January-July period, on continued demand for its BMW, Mini and Rolls-Royce brands.

  • CNBC's Domm: Today's Agenda in the Markets Monday, 6 Aug 2007 | 9:57 AM ET

    U.S. stocks futures are slightly firmer ahead of the opening in a market still cranky about credit worries and pondering the Fed's next move. European stock markets are mixed after trading lower this morning, and Asian stocks were lower overnight.

  • Chrysler Names Nardelli CEO in Executive Shake Up Monday, 6 Aug 2007 | 9:18 AM ET
    Bob Nardelli, president and CEO of Home Depot speaks at the National Retail Federation Convention, Tuesday, Jan. 17, 2006, in New York. Nardelli and John Chambers, president and CEO of Cisco Systems discussed the role that new technology is playing to enhance the customers experience and the profitability of retailers. ( AP Photo/ Louis Lanzano)

    Cerberus Capital Management named former Home Depot Chief Executive Robert Nardelli as chairman and chief executive of Chrysler in an executive shake-up just after the private equity firm completed a deal to acquire the struggling No. 3 U.S. automaker.