Automobiles and Components


  • 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.

  • Peugeot-Citroen First-Half Net Profit Rises 60% Wednesday, 25 Jul 2007 | 5:02 AM ET

    French automaker Peugeot-Citroen said Wednesday first-half earnings rose 60% on rising demand , better pricing and the rollout of new models.

  • Chrysler Warns Weak Dealers May Shut Them Down: WSJ Tuesday, 24 Jul 2007 | 10:42 PM ET

    Chrysler Group is warning some of its dealers that it may try to shut them down if they don't improve their sales within six months, the Wall Street Journal reported on its Web site on Tuesday.

  • Nissan Motor, Japan's third-largest automaker, posted a 3.2% drop in quarterly operating profit as a worsening product mix favoring smaller, cheaper cars hit margins, and kept its full-year forecasts unchanged despite the weaker yen.

  • GM's Yukon: Can It Slow Down Congress On CAFE Issue? Tuesday, 24 Jul 2007 | 10:16 AM ET
    General Motors

    Today on Capitol Hill, GM will renew the auto industry's push to convince lawmakers that fuel efficient vehicles are on the way. Problem is, it may do little to slow down the CAFE express in congress. For years, the auto lobby was the strongest in D.C. and, for the most part, effectively limited Congress from passing aggressive fuel efficiency standards. But this time around, Congress, fueled by the impact of high gas prices, isn't going along for the ride.

  • CNBC's Domm: Today's Agenda in the Markets Tuesday, 24 Jul 2007 | 8:53 AM ET

    Wall Street is heading for a lower opening as some weak earnings and credit market jitters outweigh positive profit reports from companies like Pepsico and Lockheed-Martin. European markets are moving lower after overnight gains in Tokyo and Hong Kong shares.

  • United Auto Workers Start Talks With GM, Ford Tuesday, 24 Jul 2007 | 4:51 AM ET

    The jokes came quickly as officials of Ford Motor stretched across a conference room table Monday to shake the hands of United Auto Workers negotiators and formally kick off contract talks.

  • GM's Allison Unit Buyout Faces Hurdle: WSJ Monday, 23 Jul 2007 | 11:11 PM ET

    A $3.1 billion debt sale to pay for the buyout of General Motors' Allison Transmission unit has been postponed, the Wall Street Journal said on its Web site on Monday, citing an unnamed source.

  • GM, Ford Kick Off Talks With United Auto Workers Monday, 23 Jul 2007 | 11:43 AM ET

    General Motors and Ford Motor began talks with the United Auto Workers union Monday, hoping to win sweeping concessions that would slash labor costs for the struggling auto industry.

  • wallstreet_senate.jpg

    Senate Democrats' fruitless effort to force a withdrawal of U.S. troops from Iraq this week carries a side lesson for everyone on Wall Street watching other parts of the Washington political agenda. The lesson? From hedge fund taxes to energy legislation to expansion of government-financed health care, it appears that the domestic policy phase of the Bush presidency is pretty well over.

  • Delphi

    A union representing more than 2,000 of Delphi's hourly workers said Friday it has told the auto parts maker that it plans to terminate its contracts, a first step toward a possible strike in October.

  • UAW Contract Talks: Separating Fact From Fiction Friday, 20 Jul 2007 | 11:49 AM ET

    Day one of the UAW contract talks kicked off with union leaders shaking hands with Chrysler executives at company headquarters in Auburn Hills, Michigan. Already I'm tiring of the news reports, talk shows, commentators and general public portraying these talks inaccurately. If I had a nickel for every time a talk show host blamed the rank and file guy at GM for all of that automakers problems, I'd be rich. So with that in mind, let's play fact or fiction.

  • RV Rally Brings Thousands To Share Passion In Oregon Friday, 20 Jul 2007 | 11:33 AM ET
    Motor Homes

    Full-timers. Part-timers. Class 'A'. Towables. Toy Haulers. Monaco. Country Coach. Winnebago. Airstream. What is it? It's 'The Rally'. Close to four thousand RV's of all shapes and sizes and nearly 10,000 people living right now at the Deschutes County Fair & Expo Center in Redmond, Oregon. The largest RV 'rally' or gathering in North America, and maybe the world.

  • Chrysler Group and the United Auto Workers union on Friday mark the formal start of a summer of crucial contract negotiations under intense pressure to break the model of business as usual for Detroit.

  • Being German May be Key to Continental Getting VDO Friday, 20 Jul 2007 | 7:58 AM ET

    Continental Chief Executive Manfred Wennemer will have to play the German card to get key support from German unions to buy conglomerate Siemens' automotive electronics unit VDO.

  • A Chevrolet dealership in Loveland, Colorado.

    General Motors narrowed the gap with top seller Toyota Motor in the first half of 2007 thanks to a solid second quarter, although demand continued to fall in its home North American market.

  • Sell Block Thursday, 19 Jul 2007 | 7:37 PM ET

    This week’s installment was more about principles than stock picks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • GM Sales Up Worldwide, But Down in North America Thursday, 19 Jul 2007 | 1:27 PM ET

    General Motors said strong growth in Latin America, Asia and other emerging markets lifted global sales by 0.4 percent in the second quarter, according to preliminary sales figures released Thursday.