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's independent North American Quality Advisory Panel, led by former Transportation Secretary Rodney Slater has reached some conclusions after looking into the unintended acceleration crisis and recalls from late 2009 and early 2010.
Remember when Ford was considering selling Jaguar? The questions at the time were not much different than they were when GM first said it was looking into selling Saab. At the time, analysts talked about two brands that had equity with niche car buyers. Brands that had suffered while being lumped into a portfolio of other brands at Ford and GM. Brands that would surely survive and find their way after they were unloaded.
After several years of being considered a dirty word in car dealerships, leasing is back in style. And unlike a few years back when the lease deals (and ridiculously easy credit terms) got out of whack, the idea of leasing, not buying could make more sense for those in the market for a new car. So what's changed? A lot.
At the Ford annual meeting in Wilmington, Delaware it's been all smiles. And for good reason. In the last year, Ford shares have steadily moved higher and are now trading over $15 a share.
Why are investors sticking with Toyota? It all comes down to Toyota's track record, balance sheet, and belief that Toyota will eventually bounce back.
Just two years after being bailed out by the US government, General Motors is announcing today that it will spend $2 billion to add approximately 4,200 jobs at 18 plants in eight states.
GM made $2 billion last quarter and forecast growing earnings this year. How do investors react? Buy pushing shares of GM lower. Welcome to the new conundrum facing GM.
Google released photos of its second self-driving car prototype and will be testing it "a while longer."
Under government pressure, BMW has agreed to expand a recall of driver's-side air bags to the entire U.S.
Ferraris accounted for 9 of the 10 most expensive cars this year, but weren't the biggest gainers in terms of price.
Some residents have tried to fight back by filing fake accident reports with Waze in hopes that the app will route drivers, TODAY reports.
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