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  • Court Upholds Kerkorian Ruling in DaimlerChrysler Suit Wednesday, 19 Sep 2007 | 5:04 AM ET

    A federal appeals court on Tuesday upheld a Delaware judge's rejection of billionaire investor Kirk Kerkorian's claims that he was defrauded in the 1998 merger of DaimlerBenz and Chrysler.

  • GM, Union Talks Resume Second Day After Deadline Sunday, 16 Sep 2007 | 4:08 PM ET

    Contract talks between General Motors and the United Auto Workers union resumed late Sunday morning after negotiators talked all day Saturday, a person familiar with the talks said.

  • Chrysler Recalls Nearly 300,000 SUVs Saturday, 15 Sep 2007 | 5:28 PM ET

    Chrysler said Friday it would recall nearly 300,000 sport utility vehicles to address potential braking problems while driving uphill. In a separate move, Honda Motor Co. said it was recalling more than 180,000 Civics from the 2006-2007 model year to fix a wheel-bearing seal that could leak and lead to a wheel falling off the car.

  • GM, Union Make Progress, Deal Seen Likely Saturday, 15 Sep 2007 | 4:57 PM ET

    Negotiators from General Motors and the United Auto Workers union were making significant progress on Saturday on a new labor contract, but major issues remained unresolved, a person close to the talks said.

  • Exclusivity? Try Lamborghini's $1.4 Million Car Thursday, 13 Sep 2007 | 4:05 AM ET
    Stephan Winkelmann, chairman of the brand Lamborghini, unveils the new Lamborghini Reventon, one out of a total of 20 existing.

    In a bid to add more prestige to what it already has, the Italian maker of super luxury sports car unveiled the Reventon at Frankfurt's international autoshow, a very limited editioncar that looks more like an arrow than anything on four wheels.

  • JetBlue Names COO Chew as President Wednesday, 12 Sep 2007 | 9:40 AM ET

    Low-cost carrier JetBlue Airways said Wednesday that it had named Chief Operating Officer Russ Chew to the post of president. Chew, 54, succeeds Chief Executive David Barger as president of the discount airline.

  • VW Takes on Toyota Wednesday, 12 Sep 2007 | 4:23 AM ET

    CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and VW's plans to become the world's biggest carmaker.

  • CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and marvels at Porsche's decision to make a hybrid SUV.

  • Toyota's Top North American Exec Defects to Chrysler Thursday, 6 Sep 2007 | 6:33 PM ET

    Toyota's top North American executive is defecting to Chrysler, a move that stunned the auto industry and gives a highly regarded leader and consummate salesman the chance to turn things around at the struggling U.S. automaker.

  • Chrysler to Offer 0% Financing Through Sept Thursday, 6 Sep 2007 | 4:57 AM ET

    Chrysler said Wednesday it will continue its incentives of zero-percent financing for five to six years on select models through Oct. 1, an offer it initially said would end after the Labor Day weekend.

  • Canadian Pacific Railway to Buy Dakota for $1.5 Billion Wednesday, 5 Sep 2007 | 11:46 AM ET

    Canadian Pacific Railway has agreed to buy the Dakota, Minnesota & Eastern Railroad for at least $1.5 billion cash to expand its network and increase access to U.S. Midwest markets.

  • Boeing Sees First 787 Test Flight From Mid-November Wednesday, 5 Sep 2007 | 10:33 AM ET

    1sBoeing said Wednesday the first test flight of its new 787 Dreamliner would likely be in the range of mid-November to mid-December, about three months later than originally planned.

  • It's becoming increasingly apparent that Warren Buffett is in the process of putting a big bet on the Burlington Northern freight railroad.  In an SEC filing late tonight, Warren Buffett's Berkshire Hathaway indicates it plans to raise its stake to 17% and it has told Burlington its stake could hit 25%.

  • Toyota to Export Ist to Europe, Halt Avensis Imports Tuesday, 4 Sep 2007 | 7:15 PM ET

    Toyota Motor in 2008 will start exporting the ist subcompact car to Europe and halt imports of the Avensis midsize car from the UK to Japan, to deal with the strength of the euro and the sterling against the yen, the Nikkei reported on Wednesday.

  • Toyota's U.S. Sales Fall While GM Posts Gain Tuesday, 4 Sep 2007 | 5:44 PM ET
    Toyota and GM

    Toyota said August U.S. sales fell 2.8%, citing weaker consumer confidence due to a meltdown in subprime mortgages.  GM said U.S. sales rose more than 5%.

  • Video Roundup: U.S. Auto Sales Tuesday, 4 Sep 2007 | 5:07 PM ET

    After "months and months" of increasing auto sales, Toyota Motor threw analysts for a loop when it posted U.S. August results, says Phil LeBeau. The company reported a sales drop of 2.8 percent from the year-ago period -- a "bit of a head-scratcher" for Wall Street.

  • GM U.S. August Sales Jump on SUVs, Trucks Tuesday, 4 Sep 2007 | 2:29 PM ET

    General Motors on Tuesday said U.S. sales rose more than 5 percent in August, boosted by strong demand for its pickup trucks and sport utility vehicles.

  • Nissan U.S. August Sales Up 6.3 Percent Tuesday, 4 Sep 2007 | 12:23 PM ET

    Nissan Motor posted a 6.3 percent increase in August U.S. sales from a year earlier, boosted by gains for its flagship Altima sedan, the automaker's U.S. sales chief said on Tuesday.

  • Burlington Northern: Just What's Warren Up To? Tuesday, 28 Aug 2007 | 5:22 PM ET

    It's the day after all the reports of Warren Buffett's Berkshire Hatahway buying some 10.1 million shares of Burlington Northern. CNBC's Becky Quick led the on-air discussion of what the 'Oracle of Omaha' may be up to. Take a listen if you will. (BRK now owns 14.8% of BNI.)

  • Investment Bank Estimates Lowered Too Late? Tuesday, 28 Aug 2007 | 9:18 AM ET
    Merrill Lynch

    It's finally happening: analysts are lowering estimates on investment banks, just a few days before the quarter closes for many of them. Merrill Lynch's Guy Moszkowski downgrades Bear Stearns, Lehman Bros. because of their greater dependence on debt markets; they note that Merrill and Morgan Stanley are more diversified.