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Automobiles and Components

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  • Continental Second-Quarter Net Profit Rises 50% Wednesday, 1 Aug 2007 | 4:51 AM ET

    Auto parts supplier and tire maker Continental said Wednesday that its second-quarter net profit rose by 50% amid demand by car makers for its automotive parts and tires.

  • BMW's Second-Quarter Profit Slips 4.3% Wednesday, 1 Aug 2007 | 4:27 AM ET

    Luxury car maker BMW said Wednesday that its second-quarter profit slipped 4.3 percent, hurt by a strong euro, rising materials costs and the costs of launching new models.

  • GM Trounces Wall Street's Estimates, Shares Surge Tuesday, 31 Jul 2007 | 12:32 PM ET

    General Motors on Tuesday said it flipped to a net profit, trouncing Wall Street estimates as it benefited from cost-cutting, a better mix of products and growing sales overseas.

  • GM: Despite Earnings, Is Tougher Road Still Ahead? Tuesday, 31 Jul 2007 | 11:32 AM ET
    Rick Wagoner

    When I sat down to talk with GM CEO Rick Wagoner this morning on "Squawk Box," I was expecting to see a man, beaming over the better than expected second quarter earnings. Instead, I saw the Chairman of a company who looked cautious. Why? Well, maybe it's  because General Motors' glass is half full, and filling it up even more will be a challenge. Certainly the second half of this year will be tougher than the first half.

  • MAN's Second-Quarter Profit More Than Doubles Tuesday, 31 Jul 2007 | 7:26 AM ET

    Truckmaker MAN said Tuesday that improved demand in eastern Europe for its trucks along with lower costs helped its second-quarter earnings more than double as it confirmed its outlook for the rest of 2007.

  • Tele Atlas Reports Second-Quarter $1.6 Million Loss Tuesday, 31 Jul 2007 | 4:56 AM ET

    Digital mapping company Tele Atlas, in the process of being acquired by navigation device maker TomTom for 1.8 billion euros ($2.5 billion), Tuesday reported a second quarter net loss of 1.2 million euros ($1.6 million).

  • Fake Jane

    This job really does beat working for a living. I've just had the opportunity to drive a car worth, gulp, $435,000. That's about twice the price of your average home in the U.S. these days. The car is a new Rolls Royce Phantom Drophead Coupe (pronounced coup-AY). Drophead is a fancy name for convertible. The car will start selling in September, and the first year is pretty much sold out. Yeah. Sold out.

  • DeLorean Car: Back To The Future Right Now? Monday, 30 Jul 2007 | 11:20 AM ET

    It sounds like a Hollywood script. Futuristic looking car generates the type of buzz needed to become a star: but it never shines as predicted, flames out amid scandal, and years later its devoted fans pine and plan for the icon's revival. It's only fitting I see this story in the Los Angeles Time this weekend. The star car in question is the DeLorean. The famed sports car that has achieved greater popularity since its limited production finished in 1982.

  • Audi's First-Half Profit Jumps Nearly 67% Monday, 30 Jul 2007 | 6:53 AM ET

    Luxury car maker Audi, a unit of Volkswagen, said Monday that sales and profit soared during the January-June period, putting it on track to a 12th consecutive year of record results.

  • Porsche Not Planning to Raise Stake in VW: Report Sunday, 29 Jul 2007 | 4:24 PM ET

    German sports car maker Porsche is not currently considering raising its 31 percent stake in Volkswagen once a law capping voting rights is repealed, a German newspaper reported on Sunday.

  • Chrysler Chairman Wolfgang Bernhard: Why He Matters Friday, 27 Jul 2007 | 8:45 AM ET

    There's a new sheriff at Dodge, and for that matter Chrysler as well. But the new boss is actually one of the old bosses. Either way you look at it, the return of Wolfgang Bernhard to be chairman of Chrysler is important for a few reasons. First, he brings the kind of urgency Chrysler needs.

  • Michelin Profit Rise 58% in First Half Friday, 27 Jul 2007 | 7:32 AM ET

    French tire-maker Michelin said Friday that profitability increased sharply in the first half, with strong tire sales bolstered by a cost-cutting plan.

  • Volkswagen to Meet 2008 Profit Target a Year Early Friday, 27 Jul 2007 | 4:58 AM ET

    Volkswagen, the world's fourth largest carmaker, will meet its 2008 pretax profit target of 5.1 billion euros ($7 billion) a year earlier than planned, the company said on Friday.

  • Ford

    Ford Motor Chief Executive Alan Mulally told CNBC Thursday that the company's latest results are an encouraging sign that its restructuring plan will help return the company return to profitability.

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 26 Jul 2007 | 9:06 AM ET

    Credit worries and bad news from home builders trumped any positives from the stream of earnings being reported this morning. Wall Street is set up for a steep drop on the opening and the talk in the market focuses on whether the takeover boom is ending.

  • Ford Now Making The Right U-Turn? Questions Remain Thursday, 26 Jul 2007 | 8:41 AM ET

    No, your eyes aren't deceiving you--Ford DID post a profit of $750 million. That's right, the automaker that was sucking fumes earlier this year is now back in the black. Which brings up the question: Is this real? The answer is yes, but don't take this to mean Ford is out of the woods.

  • Mercedes-Benz TV: Take It For A Spin On The Web Wednesday, 25 Jul 2007 | 11:04 AM ET

    If you are a Mercedes Benz fan, you may have already tuned in to the latest attempt by the automaker to reach out to buyers. It's called Mercedes-Benz.tv. It's actually on the Mercedes Benz Web site www.mercedes-benz.tv and it is perhaps one of the best sites run by an automaker, when it comes to advancing the placement of a brand.

  • Siemens New CEO Starts with Disposal, Poor Third-Quarter Wednesday, 25 Jul 2007 | 9:51 AM ET

    Siemens' new chief executive made his debut on Wednesday with a politically astute disposal, a surprise acquisition but a weak set of third-quarter results, sending Siemens shares down more than 4%.

  • Mercedes Second-Quarter EBIT Rises 74%, Ups Margin Target Wednesday, 25 Jul 2007 | 9:43 AM ET

    DaimlerChrysler's premium auto division Mercedes Car Group boosted second-quarter earnings before interest and tax (EBIT) 74% to 1.20 billion euros ($1.66 billion), the world's fifth-biggest carmaker said on Wednesday, beating market expectations.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 25 Jul 2007 | 8:45 AM ET

    Strong earnings news is helping push credit market fears back into the shadows this morning, and stocks are poised to spring higher at the opening. Some Asian markets sold off after yesterday's bad day on Wall Street and Europe is mostly lower.