Automobiles and Components


  • Profit at Germany's Continental Falls Short of Target Tuesday, 30 Oct 2007 | 5:11 AM ET

    Germany's Continental just missed forecasts with an 8 percent rise in third-quarter operating profit, and said it would issue 14.65 million new shares to help pay for its takeover of Siemens VDO.

  • Chrysler's Nardelli Says He'll Listen to Detractors Monday, 29 Oct 2007 | 2:39 PM 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)

    Chrysler CEO Bob Nardelli said Monday he has a three-pronged strategy to return the company to profitability that starts with listening to the company's detractors.

  • Big 3 Automakers: Road To Success May Be Overseas Monday, 29 Oct 2007 | 9:17 AM ET

    The latest reports in Automotive News about strong sales in Eastern Europe helping Ford and Toyota meet sales goals, confirms something I've been hearing for some time from Big 3 execs. Don't focus so much on the U.S. and lose sight of the real battle over global sales.

  • UAW Turns to Ford After Chrysler Workers OK Contract Sunday, 28 Oct 2007 | 11:15 AM 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)

    The United Auto Workers union already has seen two strikes and significant dissent in this year's round of contract talks, but the fight could be just beginning as the union turns to its last bargaining partner, Ford Motor.

  • Chrysler Workers Ratify Contentious Labor Pact Sunday, 28 Oct 2007 | 10:39 AM ET

    Workers represented by the United Auto Workers voted to ratify a four-year contract with automaker Chrysler, the union announced Saturday, capping a close-fought ratification battle that had threatened to scuttle the labor pact.

  • Supercar Life: Start Your Engines For $5,000 Friday, 26 Oct 2007 | 12:28 PM ET

    One of the great things about covering the auto beat is seeing the passion people have for cars, trucks, going fast, customizing their rides, etc. I always tell people, "if you wanna see passion in motion, spend a few days tracking people who love their cars."

  • Global Gas Prices Rise as Crude Keeps Climbing Friday, 26 Oct 2007 | 8:44 AM ET

    Global gasoline prices rose in October, defying a seasonal fall at the end of summer when driving demand wanes, as crude prices hit record highs, a Reuters survey on Friday showed.

  • State of the Future: The Tokyo Motor Show Friday, 26 Oct 2007 | 3:24 AM ET

    The 40th Tokyo Motor Show is taking place in Chiba City and will open to the public from October 27th onwards.  The show is gives an insight into the state of the Japanese car industry, and which direction it is going.  CNBC.com takes a look at what it has to offer.

  • Kia's Quarter Loss Widens on Weaker Sales Thursday, 25 Oct 2007 | 10:48 PM ET

    Kia Motors, South Korea's No. 2 automaker, posted a bigger-than-expected quarterly net loss, hit by price cuts earlier this year and weaker sales.

  • Bob Dylan And Caddy: Not Exactly A Hit With You Thursday, 25 Oct 2007 | 11:10 AM ET
    Volkswagon Ad featuring Slash.

    Wow. A car company signs up Bob Dylan to pitch cars, I blog about it, and it's clear some of you do not like the idea of Dylan and Caddy riding together. In Tuesday's blog I talked about Cadillac signing a deal with Bob Dylan that includes the rock and folk legend pitching Cadillac's.

  • Daimler Reports Earnings Ahead of Market Expectations Thursday, 25 Oct 2007 | 8:47 AM ET
    Mercedes C-Class

    Sparkling results at Mercedes cars helped Germany's Daimler boost third-quarter operating profit by a better-than-expected 4 percent, sending its shares up more than 6 percent on Thursday.

  • European Stocks Close Lower after US Housing Slowdown Wednesday, 24 Oct 2007 | 12:18 PM ET

    Major European indexes closed lower after U.S. existing-homes sales fell 8% in September to a record low 5.04 million unit because of troubles in the subprime mortgages and credit markets.

  • Next Year Will Be Tough for Carmakers: Renault CEO Wednesday, 24 Oct 2007 | 8:48 AM ET

    Car makers should brace for another tough year in the U.S. market, as the fallout from the subprime mortgages crisis will affect other areas of the economy, Carlos Ghosn, CEO of the Renault-Nissan alliance, told "Squawk Box Europe" Wednesday.

  • Fiat Raises Full-Year Targets Wednesday, 24 Oct 2007 | 6:48 AM ET

    Fiat said Wednesday that net profit more than doubled in the third quarter, leading it to raise its full-year targets on a strong performance by its core auto division and good results in its truck and farm machinery operations.

  • Chrysler Contract Rejected by Indiana Plants Wednesday, 24 Oct 2007 | 4:03 AM ET
  • TomTom's Quarterly Operating Profit Beats Expectations Wednesday, 24 Oct 2007 | 3:57 AM ET

    TomTom, Europe's largest maker of car navigation devices, beat average analyst forecasts with a 43 percent rise in operating profit on Wednesday and raised its full-year outlook.

  • Volvo Pretax Lags, Upbeat on European Demand Wednesday, 24 Oct 2007 | 3:20 AM ET

    Sweden's Volvo posted a smaller-than-expected rise in quarterly pretax earnings on Wednesday, but was upbeat on demand in Europe while remaining confident about a recovery in the troubled U.S. market.

  • Daimler Says BMW Engine Cooperation Possible Tuesday, 23 Oct 2007 | 11:15 PM ET

    An engine cooperation pact between German carmakers BMW and Mercedes is likely but it will not be concluded this year, Daimler chief executive Dieter Zetsche said on Wednesday.

  • International Investing: Germany Tuesday, 23 Oct 2007 | 4:24 PM ET

    Germany's two-trillion-dollar economy emerged from a long period of stagnation last year to post a 2.2% growth rate, cutting unemployment to about 7%. The last two decades have been dominated by the modernization and integration of the economy of the former East Germany, a costly, long-term process.

  • European Stocks Close Higher in Global Rally Tuesday, 23 Oct 2007 | 11:57 AM ET

    European markets closed firmly higher Tuesday, boosted by a rally in the U.S. and Asia and a further retreat by oil prices from record highs.