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Automobiles and Components

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  • Close look at GM ignition cases     Monday, 15 Sep 2014 | 1:17 PM ET

    CNBC's Phil LeBeau reports on the total number of compensation fund claims that have been received and approved by General Motors and attorney Kenneth Feinberg.

  • General Motors' transparent protocol     Monday, 15 Sep 2014 | 11:37 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the 445 claims already submitted since August 1. After speaking with families, Feinberg says this is not about the money for them, but more personal.

  • General Motors' first claims     Monday, 15 Sep 2014 | 11:34 AM ET

    CNBC's Phil LeBeau speaks to attorney Ken Feinberg about the process of firming up which of the 445 claims submitted since August 1 are eligible for compensation funds.

  • GM expert says 19 deaths eligible for compensation Monday, 15 Sep 2014 | 11:32 AM ET

    DETROIT— The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. Kenneth Feinberg said Monday that he has determined that 19 wrongful death claims are eligible for payments from GM.

  • PARIS, Sept 15- Nissan may begin purchasing electric-vehicle batteries from LG Chem as it opens procurement to external suppliers in addition to its own manufacturing with NEC Corp, Chief Executive Carlos Ghosn said on Monday.

  • 5 tips to get the best deal on a car loan Monday, 15 Sep 2014 | 11:00 AM ET

    To get the best loan deal, you need to do your homework. Here's a list of five things you should do.

  • GM's first round of ignition switch claims     Monday, 15 Sep 2014 | 11:00 AM ET

    CNBC's Phil LeBeau reports attorney Ken Feinberg's office has announced the first round of claims submitted tied to GM's faulty ignition switches.

  • ZF buying TRW Automotive for about $11.74B Monday, 15 Sep 2014 | 9:47 AM ET

    LIVONIA, Mich.— German automotive transmission maker ZF Friedrichshafen AG is buying Michigan- based TRW Automotive for $11.74 billion, a move that creates the world's second-largest auto supplier.

  • Sept 15- U.S. auto parts maker TRW Automotive Holdings Corp said it would be bought by German peer ZF Friedrichshafen for $13.5 billion, including debt, creating a global automotive supply powerhouse. ZF's offer of $105.60 per share in cash represents a premium of 1.7 percent to TRW's closing price of $103.85 on Friday.

  • Automobiles drag U.S. factory production lower Monday, 15 Sep 2014 | 9:15 AM ET

    WASHINGTON, Sept 15- U.S. manufacturing output fell for the first time in seven months in August as motor vehicle production declined, but the underlying trend remained consistent with steadily rising factory activity.

  • DETROIT, Sept 15- U.S. safety regulators have opened an investigation into an estimated 205,000 Ford Fiesta small cars after receiving consumer complaints that doors failed to properly latch or stay closed.

  • Safety agency investigates Ford Fiesta latches Monday, 15 Sep 2014 | 8:46 AM ET

    DETROIT— U.S. safety regulators are investigating complaints that the doors won't latch properly on some Ford Fiesta subcompact cars. The probe announced Monday covers about 205,000 Fiestas from the 2011 through 2013 model years. The National Highway Traffic Safety Administration says it has received 61 complaints about the doors.

  • General Motors Co, Honda Motor Co, which owns Acura, and other automakers are working with traditional suppliers and startup firms. Tech giants Google, with its pioneering work on driverless cars, and Apple, which is working with automakers to embed greater connectivity in their cars, are accelerating the change.

  • PARIS, Sept 15- Nissan boss Carlos Ghosn is preparing to cut battery manufacturing, people familiar with the matter said, in a new reversal on electric cars that has reopened deep divisions with alliance partner Renault.

  • Formula E: The future of motor racing?     Monday, 15 Sep 2014 | 12:24 AM ET

    CNBC's Eunice Yoon reports from the first electric car race, which kicked off in Beijing over the weekend.

  • Hundreds of workers on strike at Lear Corp. plant Saturday, 13 Sep 2014 | 10:28 AM ET

    INDIANAPOLIS— Hundreds of workers protesting what some are calling fast-food-like wages walked off the job Saturday at a Lear Corp. plant in northwest Indiana that makes automotive seats, beginning a strike that could affect a major Ford assembly plant in Chicago.

  • General Motors Co, Honda Motor Co, which owns Acura, and other automakers are working with traditional suppliers and startup firms. Tech giants Google, with its pioneering work on driverless cars, and Apple, which is working with automakers to embed greater connectivity in their cars, are accelerating the change.

  • Sept 12- BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercrafts, warned that results for the rest of the year could be hurt by sanctions on Russia and a softer economy in South America. Shares of the Quebec- based company, which in March had said uncertainty in Russia would hurt demand, fell as much as 4 percent on Friday.

  • DETROIT, Sept 12- Ford Motor Co is recalling about 74,000 older model Ford Escape and Mercury Mariner crossover vehicles because the electronic hybrid system may overheat, according to a filing with U.S. regulators on Friday.

  • US retail sales rise in August on auto sales Friday, 12 Sep 2014 | 8:35 AM ET

    WASHINGTON— Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending. The Commerce Department said Friday that seasonally adjusted retail sales rose 0.6 percent compared with the prior month.