Philip J. LeBeau is a CNBC auto and airline industry reporter based at the network's Chicago bureau. Prior to joining CNBC, LeBeau served as a media relations specialist for Van Kampen Funds in Oak Brook Terrace, IL. While at Van Kampen, LeBeau held a Series 6 license.
Chrysler CEO Sergio Marchionne, blunt in his assessment of how European leaders have handled their faltering economy, says Europeans need to stop complaining.
Tuesday, 8 May 2012 | Posted By:
| Source: CNBC.com
Boeing Chairman and CEO Jim McNerney re-iterated his bullish stance on the U.S. economy, while calling for lawmakers in Washington to do more to spur job growth.
As more than ninety automakers rolled out their newest models at the Beijing Auto Show Monday, there is growing optimism the industry will avoid production shutdowns due a shortage of a resin used in auto parts.
One year after the auto industry was hit by parts and components shortages following an earthquake and tsunami in Japan, automakers are scrambling to avoid a repeat of what happened last year.
Blame it on the lack of infrastructure. There are so few nat gas pumps open to the public across the United States, auto executives fear the public’s desire to buy a nat gas powered vehicles will be limited at best. After all, why would some people buy a CNG car/truck if there are only a handful of places nearby to re-fuel that vehicle.
The RBC plant has nearly 200 workers building and supplying ball bearings to plane makers around the world. Bearings are critical parts in airplanes and their engines. From the flaps on a wing going up or down, to the landing gear moving into place there are scores of bearings in every plane.
Delta Air Lines spacer is in advanced talks to purchase an East Coast oil refinery for more than $100 million, according to people familiar with the matter.
Wednesday, 21 Mar 2012 | Posted By:
| Source: CNBC.com
CNBC worked with Edmunds.com to crunch the latest data on transaction prices and incentives. The results show which models in each category are selling with the smallest discount.
Friday, 6 Jan 2012 | Posted By:
| Source: CNBC.com
After three long and tumultuous years, there's a far different feeling about the Detroit Auto Show. For 2012, you could say, the buzz has returned. For automakers and auto fans, it's long overdue.
Wednesday, 30 Nov 2011 | Posted By:
| Source: CNBC.com
After six weeks of discreet negotiations, Boeing and the International Association of Machinists and Aerospace Workers have reached an agreement on a 4-year contract extension.
After reporting the growth in auto loans to borrowers who do not have prime credit scores, I heard from a number of people who think this is bad news... Read More
Two days after being criticized for dropping direct ads on Facebook, General Motors said it will also stop running ads during the Super Bowl... Read More