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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As two days of Congressional hearings begin today, there is one question above all others that will be front and center: are the electronics in Toyota gas pedals flawed?
Toyota's stay in the penalty box won't be a quick one. If the last week has shown us anything it's the fact hearings, lawsuits, and a steady stream of stories about Toyota being slow to recall millions of potentially dangerous will keep flowing for some time.
While the initial thought is Toyoda's appearance will finally be the chance for us to get to the bottom of the safety questions surrounding millions of Toyota cars and trucks, I think you'd be better served to dial back your expectations.
The initial headlines out of Japan this morning are sure to ruffle feathers on Capitol Hill. Toyota President Akio Toyoda told reporters that he is not planning to appear at congressional hearings in Washington, D.C.
As Toyota lays plans for a major incentive and marketing campaign designed to win back buyers, I was intrigued by the headlines coming from Toyota dealers at the National Auto Dealers Association meeting this weekend.
For years, if you wanted to buy a Toyota you knew that you weren't going to get much of a deal. It was a given. Some people grumbled about it, but most looked at it as the price you paid for peace of mind. After all, when you bought a new Camry or Corolla you knew the car wasn't going to break down or be part of a major recall like many of its American rivals.
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Avis may have troubles hitting its upper earnings target even as it pursues deals, two reports said.
U.S. consumers bought more cars in September, but early sales results from leading automakers were mixed.
Toyota says it is recalling 690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire.
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