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Automobiles and Components

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  • Lamborghini: The 1.38 Million Dollar Ride Wednesday, 12 Sep 2007 | 10:50 AM ET
    Lamborghini Reventon

    How's this for exclusive? Lamborghini unveils its newest model today in Frankfurt, Germany with a pricetag of $1.38 million. And here's the best part: Lamborghini has already sold out ALL 20 of its new million dollar ride.

  • VW Takes on Toyota Wednesday, 12 Sep 2007 | 4:23 AM ET

    CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and VW's plans to become the world's biggest carmaker.

  • VW May Take 20% Stake in Proton: Report Wednesday, 12 Sep 2007 | 3:17 AM ET

    Volkswagen may take a 20% stake inloss-making Malaysian carmaker Proton and will make a final decision no soonerthan a supervisory board meeting in February, Wolfsburger Allgemeine Zeitungreported, citing company sources.

  • Green Cars Are Coming (Okay, When?) Tuesday, 11 Sep 2007 | 10:49 AM ET
    Chevy Volt Concept

    The Frankfurt Auto Show kicked off today and as expected, the automakers are all talking about cars that are more fuel efficient, more environmentally friendly, and more viable than the first attempts at building electric or low emission cars.

  • Hedge Fund Traders: What's On Their Minds Tuesday, 11 Sep 2007 | 8:59 AM ET

    I attended a meeting of about twenty-five hedge fund traders last night. These informal gatherings are fairly common on the Street; they're often sponsored by sell-side trading houses. Usually, it's a discussion on long and short positions of the various traders.

  • GM CEO Says U.S. Consumers 'Tense' over Housing Tuesday, 11 Sep 2007 | 8:39 AM ET

    The top executive at General Motors said on Tuesday that the automaker was watching the downturn in the U.S. housing market closely and blamed the softness there for weakness in vehicle sales.

  • BMW Avoids Subprime Impact, CEO Bullish on Sales Tuesday, 11 Sep 2007 | 8:20 AM ET

    The U.S. subprime crisis had little impact on the top line of luxury automaker BMW, the company's CEO said Tuesday, but expectations of stricter emission standards are pushing the company to produce more environmentally-friendly cars.

  • CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and marvels at Porsche's decision to make a hybrid SUV.

  • GM Option in UAW Talks Excludes Health Trust: WSJ Tuesday, 11 Sep 2007 | 12:37 AM ET

    General Motors in its contract negotiations with the United Auto Workers union has proposed one option that excludes establishing a union-run healthcare trust but calls for deeper cuts in several areas, the Wall Street Journal reported in its online edition.

  • Automakers Work to Lower Emissions Sunday, 9 Sep 2007 | 11:04 PM ET

    The world's automakers will make new efforts to win customers over with more environmentally friendly cars at the Frankfurt Auto Show this week as they tout new vehicles with hybrid propulsion and more advanced, cleaner engines.

  • Chrysler's All Star Lineup: Will It Win The Game? Friday, 7 Sep 2007 | 1:09 PM ET
    Phil Murtaugh

    Like George Steinbrenner stocking his New York Yankees with All-stars, Cerberus Capital is loading Chrysler with big-time execs. The latest addition is Phil Murtaugh, who will run Chrysler's operation and expansion in China and India. In the last ten years, Murtaugh has carved out a reputation as the American who knows China and how to grow auto sales in that country.

  • Harley-Davidson motorcycles.

    Motorcycle manufacturer Harley-Davidson said Friday that 2007 earnings would come in 4 percent to 6 percent lower than last year because of tough times for U.S. consumers, sending its shares down 7 percent.

  • 2008 Honda Accord

    I'm always amazed at the number of times someone will send me an e-mail or stop me when I'm out on a story and tell me something that they swear is the absolute truth. My favorite response: The Big 3 have no fresh ideas. Anyone who thinks that should check out the new Ford's with Sync coming out later this year.

  • German Automakers Report Improved August Sales Friday, 7 Sep 2007 | 6:44 AM ET

    Luxury automakers BMW, Audi and Mercedes reported healthy sales increases for August on Friday, with demand from Asia and the U.S. driving gains but with mixed results in their home markets.

  • Toyota's Top North American Exec Defects to Chrysler Thursday, 6 Sep 2007 | 6:33 PM ET

    Toyota's top North American executive is defecting to Chrysler, a move that stunned the auto industry and gives a highly regarded leader and consummate salesman the chance to turn things around at the struggling U.S. automaker.

  • Chrysler & Press: An Exec Who Can Change The Game Thursday, 6 Sep 2007 | 11:00 AM ET
    Jim Press

    In the auto world, it's hard to say one executive can turn around a company. But there are certain people who are "game-changers". The type of executive with a great track record who could steer a company in the right direction. Jim Press, the former president of Toyota North America is one of those executives.

  • Chrysler to Offer 0% Financing Through Sept Thursday, 6 Sep 2007 | 4:57 AM ET

    Chrysler said Wednesday it will continue its incentives of zero-percent financing for five to six years on select models through Oct. 1, an offer it initially said would end after the Labor Day weekend.

  • Ford, Toyota, Honda Etc: Who's A Winner, Or A Loser? Wednesday, 5 Sep 2007 | 9:15 AM ET
    2007 BMW 335i Convertible

    Forget all the talk you will hear about people not wanting to buy a new car or truck. Some models ARE selling, and some brands ARE doing well while others muddle along. So with that in mind here is my list of who is cruising and who is losing in the auto biz.

  • Toyota to Export Ist to Europe, Halt Avensis Imports Tuesday, 4 Sep 2007 | 7:15 PM ET

    Toyota Motor in 2008 will start exporting the ist subcompact car to Europe and halt imports of the Avensis midsize car from the UK to Japan, to deal with the strength of the euro and the sterling against the yen, the Nikkei reported on Wednesday.

  • Toyota's U.S. Sales Fall While GM Posts Gain Tuesday, 4 Sep 2007 | 5:44 PM ET
    Toyota and GM

    Toyota said August U.S. sales fell 2.8%, citing weaker consumer confidence due to a meltdown in subprime mortgages.  GM said U.S. sales rose more than 5%.