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  • Workers at struggling auto parts giant Delphi's largest union have approved a historic contract agreement that cuts wages for many longtime workers but secures thousands of jobs at plants that once were in jeopardy.

  • GE, Apple, GM Find "Green Pastures" On Live Earth Friday, 6 Jul 2007 | 10:58 AM ET

    Tomorrow, the NBC Universal Family brings us Live Earth--with a three hour primetime special on NBC, plus 18 hours of coverage of Bravo and seven hours on our very own CNBC. Plus coverage on all sorts of other channels in the family--including Telemundo, Mun2, Universal HD, and the Sundance Channel. A sign of the power of the Live Earth message, NBC has attracted some top-notch (huge and influential) advertisers--General Motors, Apple, and American Express.

  • Stocks End Mixed as Rising Treasury Yields Limit Gains Thursday, 5 Jul 2007 | 6:25 PM ET

    Stocks closed mixed as investors were encouraged by a strong batch of merger news but gains were held in check by rising interest rates.  "The key for the market right now is the ability to digest the fact that the 10-year has moved out of that range that we've enjoyed between 4.5% and 5%," said Russ Koesterich, head of investment strategy at Barclays Global Investors.

  • GM Sales Fall While Toyota Reports Another Increase Tuesday, 3 Jul 2007 | 2:17 PM ET

    GM, Ford and DaimlerChrysler  said Tuesday their U.S. sales fell in June, while Toyota sold more cars during the month.  The news came as an industry group reported that automakers are deepening discounts to entice consumers to buy cars.

  • DaimlerChrysler  said Tuesday its U.S. sales fell 2 percent in June.  The news came even as an industry group reported that automakers are deepening discounts to entice consumers to buy cars.

  • 1996 Pontiac Firebird Trans Am

    On the eve of our country's birthday, it seems like a perfect time to celebrate the good things happening for American automakers (and yes, there are good things happening). So with that said, this 4th of July Behind the Wheel blog will include no mention of high labor and healthcare costs, dwindling market share, or the struggle to break even. After all this is the holiday to sing out, "Baseball, hot dogs, apple pie, and Chevrolet."

  • Delphi Hopes to Wrap Up Other Union Deals in Weeks Monday, 2 Jul 2007 | 12:22 PM ET

    Bankrupt U.S. auto parts maker Delphi, which reached a cost-cutting deal with the United Auto Workers, hopes to complete agreements with its remaining unions by mid-August, it said in court papers.

  • Japan World's #1 Automaker: What's Ahead For Big 3? Monday, 2 Jul 2007 | 9:13 AM ET
    Japanese Flag

    The headline this morning from Automotive News is hardly surprising, but it is another reminder of how the U.S. auto industry has changed dramatically in recent years. The latest data shows Japan surpassed the U.S. last year to become the world's #1 vehicle producer. It's the first time in 12 years Japan has outpaced the U.S. Not only that, but the Asian country is on track this year to expand its lead.

  • The Week on Wall Street: Volatility Returns Friday, 29 Jun 2007 | 5:33 PM ET

    Stocks edged higher for the week, closing out a solid first half, but there was little to celebrate going into the July 4th holiday.

  • UAW Members Ratify Deal with Delphi Friday, 29 Jun 2007 | 1:39 PM ET
    Terry Frantz prepares the engine compartment of a Cadillac CTS at the GM Lansing Grand River assembly plant Monday, Jan. 7, 2002, in Lansing, Mich. (AP Photo/Al Goldis, Pool)

    The United Auto Workers said that members have ratified a deal that gives Delphi concessions on wages, benefits and plant closings the auto parts maker has said it must have to exit bankruptcy.

  • Transformers

    I attended the "Transformers" premiere Wednesday night--and my first star spotting epitomized the importance of the film for its parent company. It was Sumner Redstone (he qualifies as a star for the CNBC set) and he was slowly retreating from the hubbub of the red carpet and (surrounded by bodyguards) slipping into a black car.

  • Stocks finished little-changed after a roller-coaster session as investors tried to figure out  the Federal Reserve's latest statement on inflation and interest rates. "The Fed's been engaged in a real delicate balancing act," said Bruce Bittles, chief investment strategist at Robert W. Baird

  • Options volume in Ford Motor swelled today as bulls moved in with force to snap up call options, or bets that Ford's stock will rise further above the 52 week high level that shares reached today.

  • GM Selling Allison Transmission for $5.6 Billion Thursday, 28 Jun 2007 | 10:55 AM ET
    GM Headquarters

    General Motors Thursday said it reached a deal to sell its Allison Transmission unit for $5.6 billion to private-equity firms Carlyle and Onex, sending the automaker's shares to the highest level in 2-1/2 years.

  • Ford Offers Month-End Incentives Thursday, 28 Jun 2007 | 3:02 AM ET

    Ford  will offer zero-percent financing for three years on all 2007 Ford, Lincoln and Mercury models and additional cash on some vehicles as it tries to clear showroom floors at the end of the month.

  • A New Jersey importer has asked the U.S. National Highway Traffic Safety Administration for help in recalling about 450,000 light-truck tires made in China after a fatal car accident, lawyers said.

  • Try Harder? Monday, 25 Jun 2007 | 8:55 PM ET

    In Monday’s Sector Trade - the rental car trade. Morgan Stanley is taking down the entire space with downgrades right at the top of the summer driving season. Should you be buying or selling?

  • Stocks ended lower as investors were rattled by concerns regarded leveraged mortgage securities held by two Bear Stearns hedge funds. "We will see a splash near term as some of these funds need to unwind positions in paper that really isn't traded too much," said Jack Ablin of Harris Private Bank.

  • Delphi said it reached a tentative deal with the United Auto Workers and former parent General Motors to complete the bankrupt auto-parts maker's reorganization.

  • Buick scales back on Tiger Woods modeling

    Here’s the number one question I always get: Who’s the best endorser in sports? And the right answer is, there isn’t one. What people have to remember is that endorsements are a partnership and if the product doesn’t make sense with the athlete, then it doesn’t work. There’s also an economic threshold to endorsements that is never talked about. Athletes can affect purchasing decision, but only to a certain extent.