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Automobiles and Components

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  • Former Fed Gov: No Change In Fed's Message Today Tuesday, 12 Dec 2006 | 9:30 AM ET

    Investors won’t have to wait much longer to find out where the Fed stands on interest rates. The FOMC announcement comes at 2:15 p.m. New York time (and you can see it live on cnbc.com). It's widely expected that interest rates will hold steady at 5.25% for the fourth consecutive time. More important will be clues the central bank gives about its intentions for next year.

  • DaimlerChrysler May Lay Off 4,000 Monday, 11 Dec 2006 | 6:40 PM ET

    DaimlerChrysler could lay off up to 4,000 workers in its North American truck operations next year due to a downturn in demand, the head of the automaker's truck operations said this morning.

  • Add Carlos Ghosn to the growing list of auto executives who are not only committed to developing eco-friendly vehicles, but are actually putting major R & D dollars behind the effort.  Unfortunately for Nissan, the effort will be costlier, and take more time now that the GM alliance idea is dead.

  • 7 For '07: Phil LeBeau, Autos Monday, 11 Dec 2006 | 10:52 AM ET

    Our auto-industry reporter predicts China may enter the American market, Ford may seek a merger -- and Toyota will keep racking up sales.

  • Saturn Entering A New Orbit Friday, 8 Dec 2006 | 12:25 PM ET

    After years of being a forgotten brand, Saturn is slowly entering a new orbit that includes higher sales, more relevant models, and recognition by General Motors that it's youngest brand is loaded with potential. Today the automaker announced it would be adding the Astra compact car to it's line-up in late 2007.

  • Audi Says November Global Sales Up 8.1% Thursday, 7 Dec 2006 | 5:31 AM ET

    Audi AG, the luxury car maker owned by Volkswagen AG, said Thursday that its global sales rose more than 8 percent in November from a year earlier and predicted it would sell some 900,000 cars by the end of the year.

  • Toyota Has Most Loyal Customers Wednesday, 6 Dec 2006 | 3:31 PM ET

    The latest survey of customer by the J.D. Power shows almost two thirds of Toyota's buyers are return customers.  Toyota supplants Lexus as the top brand for customer loyalty. Lexus was second, followed by Honda, BMW and Scion.  The top American brand is Cadillac at #6, retaining more than 55% of it's buyers.

  • Chrysler's Season of Change Wednesday, 6 Dec 2006 | 11:27 AM ET

    It's that time of year again. The lights are up, "It's a Wonderful Life" will make it's regular airing, and one of the big 3 prepares for what could be some painful changes. This year the holiday "cheer" looks to be coming from Chrysler.

  • Chrysler's Top Sales Executive Joins Mercedes-Benz Wednesday, 6 Dec 2006 | 5:47 AM ET

    Joe Eberhardt, Chrysler's top sales executive, will leave the company to run his own Mercedes-Benz dealership, DaimlerChrysler AG said Tuesday.

  • Welcome to Behind the Wheel Tuesday, 5 Dec 2006 | 2:44 PM ET

    Welcome to Behind the Wheel.  The place to get the story on the newest models hitting the street, as well as the latest trends and people influencing what we drive and what turns our head in showrooms.

  • Just How Bad Is It At Ford? Tuesday, 5 Dec 2006 | 11:15 AM ET

    Have you driven a Ford lately? Sure, that was a commercial tag line several years ago, but it's a rhetorical question that bears asking right now. And the answer is not a pretty one for the folks in Dearborn.

  • VW: Will More Shock Ads Really Work? Tuesday, 5 Dec 2006 | 10:42 AM ET

    Companies and advertisers usually have no shame in imitating an ad that really works--but rarely do you see a company copy itself. But that's exactly what Volkswagen is doing with its new Passat ads--after the success it had with the same idea for Jetta. Will it work?

  • AutoZone All-Time High After Earnings Tuesday, 5 Dec 2006 | 9:55 AM ET

    Shares Car parts chain Autozone jumped to a new record high after it reported fiscal first-quarter profit rose 8% on higher sales and improved gross margins.

  • Moskow Comments Spur Fed Debate Monday, 4 Dec 2006 | 2:07 PM ET

    Signs of a slowing economy plus some risk of recession has many economists wondering if the Fed will be forces to cut rates soon than later. In our exclusive interview on cnbc.com earlier today-Chicago Fed President Michael Moskow said he thought the focus was on the U.S. housing sector--and to some extent autos as well--and if those slowing sectors will spill into other areas.

  • Who Do You Think Is Driving the Auto Industry? Monday, 4 Dec 2006 | 1:52 PM ET

    Wagoner, Watanabe, Ghosn, Zetsche. They are the last names of four powerful men who have had a profound impact this year not only on their companies, but the auto industry as a whole. As I've reported the stories involving their decisions and their companies, I'm often surprised to hear...

  • GMAC is beginning a new era as an independent financial services company--after 87 years as a wholly owned subsidiary of General Motors. On Thursday--GM sold its 51% stake in its most profitable GM unit to an investment consortium led by Cerberus Capital in a move that dramatically improved GMAC's credit profile and capital position.

  • GM Strong in the Showroom Saturday, 2 Dec 2006 | 3:06 PM ET

    General Motors said its November retail sales were up 11%, while it reduced sales to corporate fleet customers including car rental companies by 7% in the month.

  • Study: CEO Departures Hit Record in 2006 Saturday, 2 Dec 2006 | 1:24 PM ET

    A record number of U.S. corporate bosses have left their jobs this year, in part reflecting the widening stock options backdating scandal, according to data released today.

  • Put Some Luxury Into Your Shopping List Friday, 1 Dec 2006 | 7:33 PM ET

    From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.

  • Toyota beats Ford; Chrysler Rebounds Friday, 1 Dec 2006 | 5:07 PM ET

    Toyota Motor sold more vehicles in the U.S. last month than Ford Motor, marking the second time ever that the No. 2 domestic automaker was beaten out by its Japanese rival.