Phil LeBeau is a CNBC auto and airline industry reporter based at the network's Chicago bureau. He is also editor of the Behind the Wheel section on CNBC.com.
LeBeau has reported one-hour documentaries for the network, including "Dreamliner: Inside the World's Most Anticipated Airplane," "Ford: Rebuilding an American Icon" and "Saving General Motors" and "Failure to Recall: Investigating GM."
Prior to joining CNBC, LeBeau served as a media relations specialist for Van Kampen Funds in Oak Brook Terrace, Ill., and was instrumental in implementing an initiative to communicate the company's mutual fund and investment practices to the public and the press. While at Van Kampen, LeBeau held a Series 6 license.
Previously, he held general assignment reporting positions at KCNC-TV, the CBS affiliate in Denver, and KAKE-TV, the ABC affiliate in Wichita, Kan. LeBeau began his career as a field producer at WCCO-TV in Minneapolis, where he wrote, produced and researched consumer stories. He graduated from the University of Missouri-Columbia School of Journalism with a bachelor's degree in journalism and broadcasting.
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Toyota has told the people running its plants in North America to prepare to halt production as the Japanese auto maker feels the impact of parts shortages. Toyota notified its team members of the upcoming shutdown Wednesday afternoon, saying, “..our supply line has reached a point where it is clear we will incur some non-production time."
Almost two weeks since an earthquake and tsunami devastated a large part of Japan and forced Japanese automakers to shut down their plants, there's a growing panic with American car buyers.
General Motors is cutting non-essential expenses and travel while it assesses the situation in Japan, a sign the auto industry is unsure how much the earthquake and tsunami may cripple the production of new cars and trucks.
Lexus, already struggling with limited supply and weak sales is finding itself wrestling with two big problems: rebuilding its inventory after the earthquake hit Japan and fighting off other automakers who are aggressively going after luxury car buyers.
Amid all the bad news coming out of Japan and the earthquake/tsunami devastation, it's the impact on Toyota's Prius production that is very intriguing.
As I walked to catch my train this morning I heard the first comment: "$100 million for the guys running Ford? Are you kidding me?"
Consumers bring only 75 percent of recalled cars to be fixed, and the agency said it hopes the new tool will boost that rate.
Big investors are shaping transportation in 2039 by betting on relatively boring fixes to bridges, airports and roads.
The rise in borrowers falling behind on auto loans will renew concerns the auto industry is creating a bubble for subprime loans.
General Motors's website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved.
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