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Automobiles and Components

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  • Volkswagen Fourth-Quarter Profit Nearly Triples Friday, 9 Mar 2007 | 11:13 AM ET

    Volkswagen, Europe's largest automaker, said Friday its fourth-quarter profit nearly tripled on strong vehicle sales.

  • On The Road To Cult Status Friday, 9 Mar 2007 | 11:04 AM ET
    1967 Ford Mustang

    Cult cars emerge regardless of marketing efforts and BMW's MINI is on the verge of joining the Ford Mustang and a select group of other autos that captured the imagination of car lovers.

  • European Stocks to Watch Friday, 9 Mar 2007 | 10:49 AM ET

    Here some of Wednesday's big movers on European stock markets: Alliance Boots, WM Morrison, Sainsbury, Tesco, Volkswagen, EADS, Xstrata and Deutsche Postbank.

  • BMW 2006 Profit Hits Record as 3-Series Buoys Thursday, 8 Mar 2007 | 1:42 PM ET

    Germany's BMW, the world's largest premium carmaker, said on Thursday its 2006 pre-tax profit rose by a quarter to a record 4.124 billion euros ($5.4 billion) on buoyant demand for its top selling 3-Series sedan.

  • Chrysler Future Hinges On Unions Thursday, 8 Mar 2007 | 10:36 AM ET

    While representatives from two private equity firms meet with Chrysler executives outside Detroit this week, there will be plenty of speculation about what it would take for them to bid on the American automaker.

  • Wheels Of Fortune Wednesday, 7 Mar 2007 | 9:02 PM ET

    Since the days of Barney Rubble, the wheel has been one of the basic indicators of global progress, and that's still true today. From 18-wheelers to hybrid vehicles, demand for tires  is surging because of a healthy global economy. For some investors, the tire industry has been the proverbial road to riches. Should you be following along or is it time to wave the checkered flag on this trade

  • Battle-Tested Buys Wednesday, 7 Mar 2007 | 6:10 PM ET

    Right now, the best move for investors is to find stocks that made it through the sell-off without a scratch. Luckily, Cramer’s here to help.

  • European Stocks to Watch Wednesday, 7 Mar 2007 | 10:49 AM ET

    Here some of Wednesday's big movers on European stock markets: Telekom Austria, Scania, Resolution, MAN, Iberia, Endesa, Vallourec, Lloyds TSB, RBS and ITV.

  • Geneva Eye Candy, GM's Subprime Worries Wednesday, 7 Mar 2007 | 10:35 AM ET
    Diatto 2007

    If you've seen as many auto show's as I have, you rarely are impressed by the new models, displays, and "shows" put on by the automakers. Well, Geneva has changed that.

  • VW Increases Scania Stake, Aiming for Alliance with MAN Wednesday, 7 Mar 2007 | 8:12 AM ET

    Volkswagen  said Wednesday it has increased its holdings in Swedish truckmaker Scania  to more than 35% of the voting rights, in an attempt to pave the way for a friendly alliance with German rival MAN.

  • Daimler CEO Says Chrysler Won't be Auctioned: Paper Wednesday, 7 Mar 2007 | 6:05 AM ET

    DaimlerChrysler  will not auction off loss-making U.S. division Chrysler and could decide to keep the business at the end of a strategic review, Chief Executive Dieter Zetsche told a German paper.

  • Chrysler Split Could be Difficult: New York Times Wednesday, 7 Mar 2007 | 3:57 AM ET

    The chief executive of DaimlerChrysler, Dieter Zetsche, said it would be difficult to break up Chrysler, as analysts and other experts have speculated recently, due to an integrated production system that binds together its various brands, The New York Times said.

  • Your Questions: Cheesecake Factory, Toyota & More Tuesday, 6 Mar 2007 | 8:43 PM ET

    Ted from Connecticut asked: “With the China markets and other emerging markets cooling off, both PetroChina and Petroleo Brasiliero - China and Brazil's largest oil companies are off their 52 week highs. Do they look like a good buy or will they go even lower?”

  • DaimlerChrysler Chief Executive Dieter Zetsche said last month's announcement that all options are on the table for Chrysler has hurt the U.S. car maker's sales, CNBC's Phil LeBeau reported. "Yes, we have seen an impact," Zetsche told LeBeau in a 30-minute interview at the Geneva Motor Show.

  • GM CEO: Emerging Markets Encouraging for 2007 Tuesday, 6 Mar 2007 | 9:55 AM ET
    This West Chester, Ohio-based steel company struggled in the first half of the year, posting a 37% decline year-to-date. Cramer didn't like this stock at first because it's not a vertically-integrated steel maker, meaning it doesn't have its own mines and needs to buy its primary raw materials. In other words, AK Steel's operating costs were very high.But Cramer thinks this stock could be poised for a turnaround, as those costs have since plummeted. He also likes the company's management, who reduced the employee headcount by 30% while maintaining the same production capacity. At the same time, the company has used more than $2 billion of internally generated cash to shore up its balance sheet. It has also managed to muddle through the recession without selling equity, issuing debt or cutting its small dividend, which has a 1.4% yield.

    General Motors CEO Rick Wagoner told CNBC's "Worldwide Exchange" he predicts robust global sales growth in 2007, crediting the positive outlook to a strong product pipeline and solid performance in the emerging markets.

  • Zetsche's Admission: Sale Talk Impacting Chrysler Tuesday, 6 Mar 2007 | 8:19 AM ET

    When I walked in with other reporters here at the Geneva Auto Show to talk on the record with Dieter Zetsche, I expected few details on the potential sale of Chrysler. Dr. Z. Did not disappoint. He won't say if there is a timeline for wrapping up the auction process or reveal any of the parties doing serious work studying Chrysler.

  • Mercedes Sells 2.1% Fewer Vehicles in Feb Tuesday, 6 Mar 2007 | 4:59 AM ET

    DaimlerChrysler said on Tuesday its Mercedes Car Group premium division sold 2.1%  fewer vehicles worldwide in February than in the same month a year earlier.

  • VW Targets 20% of Chinese Market in 2-3 Years Tuesday, 6 Mar 2007 | 3:05 AM ET

    Volkswagen aims to increase its market share in China after sales to the Asian country boosted VW's group unit sales by 7.6% in the first two months of this year, it said on Tuesday.

  • Ford Expects to Earn Profit in Europe in 2007 Monday, 5 Mar 2007 | 4:01 PM ET

    Struggling auto maker Ford Motor expects its Ford Europe and Premier Automotive Group divisions to report a profit in 2007, according to a Ford executive, indicating its turnaround at those businesses may be gaining traction.

  • The new warranty periods cover thousands of parts, from spark plug wires to crate engines, and will be applied to GM Performance Parts crate engines, transmissions and components installed in or bought after March 1, 2007, and is transferable to subsequent owners.