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Automobiles and Components

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  • The Ferrari 458 Speciale.

    Fiat Chrysler CEO Sergio Marchionne is now Ferrari Chairman. CNBC's Robert Frank asked Marchionne about the future of the brand, and which are his favorite models.

  • Fiat listing on NYSE today     Monday, 13 Oct 2014 | 7:44 AM ET

    Fiat will list on the NYSE Monday. CNBC's Phil LeBeau reports on the company's aggressive global road map. David Shepardson, The Detroit News, provides perspective.

  • *FCA trading on NYSE opens 1330 GMT, followed by Milan. MILAN, Oct 13- Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's centre of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne. Analysts think the U.S. auto industry is nearing a peak, while...

  • Growth slows in China passenger vehicle sales Monday, 13 Oct 2014 | 4:29 AM ET

    BEIJING— Growth in China's car sales slowed again in September while the country's own auto brands increased their market share slightly. Global automakers are looking to China to drive global sales but growth has slowed steadily from May's rate of 13.9 percent as the world's second largest economy cools. The China Association of Automobile Manufacturers...

  • CAPE TOWN, Oct 13- South Africa's competition authorities are investigating price fixing and collusive tendering in the automotive industry, with top Japanese component suppliers Panasonic and Mitsubishi Electric Corp among those being probed. Information received by the Competition Commission suggested collusion among automotive component...

  • Balances remaining on auto loans have risen by about a third since April 2011, reaching an all-time high of $924.2 billion in August, according to credit reporting bureau Equifax. The Consumer Financial Protection Bureau said in September that it is taking steps to oversee auto lenders that have previously been less regulated, and companies like GM Financial...

  • Acura recalls 43,000 vehicles for seat belt issue Sunday, 12 Oct 2014 | 1:59 PM ET

    TORRANCE, Calif.— Acura says it is recalling 43,000 vehicles in the U.S. to replace both front seat belts. The car maker owned by Honda Motor Co says that in temperatures below zero degrees Fahrenheit, the seat belts might not release. Acura says no injuries have been reported related to the seat belts.

  • Fiat Chrysler crowns merger with Wall Street debut Sunday, 12 Oct 2014 | 6:29 AM ET

    *FCA trading on NYSE opens 1330 GMT Monday, followed by Milan. *Wall Street debut comes at difficult time for auto industry. MILAN, Oct 12- Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's centre of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio...

  • Refinery switching to newer rail cars for crude Saturday, 11 Oct 2014 | 7:15 PM ET

    BELLINGHAM, Wash.— A refinery in northwest Washington state says it will no longer accept any volatile North Dakota crude oil unless it arrives on newer-model tank cars. By the first week of October, the BP Cherry Point facility had stopped using pre-2011 standard tank cars, known as DOT-111 cars, for the shipments, The Bellingham Herald reported.

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • Tesla's unique position     Friday, 10 Oct 2014 | 10:15 AM ET

    Discussing how competitors and investors view Tesla innovation after it unveiled its new "D" version of the model "S", with Adam Jonas, Morgan Stanley auto analyst.

  • Tesla 'D' impressive?     Friday, 10 Oct 2014 | 9:11 AM ET

    The "Squawk on the Street" news team discusses Tesla's unveil of an all-wheel drive version of its "S" model sedan.

  • Mitsubishi recalls cars, SUVs for stalling problem Friday, 10 Oct 2014 | 8:52 AM ET

    DETROIT— Mitsubishi is recalling nearly 166,000 older small cars and SUVs in the U.S. because the engines can stall unexpectedly. The recall covers the Lancer and Lancer Evolution from the 2008 to 2011 model years, as well as the Lancer Sportback from 2009 to 2011. Also affected are the Outlander small SUV from 2008 to 2011 and the Outlander Sport from the 2011...

  • Nissan recalls 2013 Altimas for hood latch problem Friday, 10 Oct 2014 | 8:02 AM ET

    DETROIT— Nissan is recalling more than 238,000 Altima midsize cars worldwide because a secondary latch can fail and allow the hoods to fly open while the cars are in motion. Only Altimas from the 2013 model year are covered by the recall so far, but Nissan is investigating whether other models could be involved, according to documents posted Friday by U.S. safety...

  • Tesla's D-Day: Hype vs. reality Friday, 10 Oct 2014 | 3:02 AM ET
    Tesla's new Model D car

    Tesla CEO turned a product upgrade announcement into a major media event, building anticipation over the week by dropping a few clues on social media.

  • Tesla adding all-wheel drive, safety features Friday, 10 Oct 2014 | 12:00 AM ET

    HAWTHORNE, Calif.— Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans. At an open-to-the-public unveiling Thursday night that included bumping music, free alcohol and test rides on an airport tarmac, CEO Elon Musk unveiled an all-wheel-drive version of the car that...

  • Tesla plans 'D' announcement: What to expect     Thursday, 9 Oct 2014 | 7:49 PM ET

    Jason Moser, Analyst at The Motley Fool, discusses what Tesla could unveil on late Thursday after an earlier tweet from CEO Elon Musk about the release of "something else and D."

  • Tesla adding all-wheel drive, safety features Thursday, 9 Oct 2014 | 3:46 PM ET

    LOS ANGELES— Electric carmaker Tesla Motors was expected to unveil an all-wheel-drive system— and perhaps more— at a much-hyped mystery event Thursday night near Los Angeles. The only hint came last week, when CEO Elon Musk tweeted, "About time to unveil the D and something else," with a photo showing what looked like Tesla's Model S sedan mostly hidden by a garage.

  • Toledo nervously awaiting fate of beloved Jeep Thursday, 9 Oct 2014 | 1:26 PM ET

    TOLEDO, Ohio— The thought of losing the Jeep Wrangler— a direct descendant of the original olive-drab vehicle that rolled off the assembly line in Toledo on its way to the battlefields of World War II— feels a little bit like losing a family member to those who have spent generations on the factory floor. Chrysler CEO Sergio Marchionne surprised everyone last week...