Philip J. 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."
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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With the new mandate from Washington, this efficiency movement in the auto industry will pick up momentum, and several companies are positioned to profit.
They are in the crosshairs of the auto task and passionate about their feelings over GM and Chrysler plans to drop dealers. What's interesting is that not all dealers are against the idea of trimming the dealer ranks, while others are fearing the end of business' that have been in their family for years.
GM said that even after the vehicles in its ignition-switch recall are repaired, owners should still have only the key and fob on the key ring.
New Jersey became the third state to ban the company from selling vehicles directly to the public.
A new study shows the average household in 24 of America's 25 largest metropolitan areas cannot afford to pay for the average priced new car or truck.
Toyota Motor Corp said it will give its Japan-based workers their biggest pay raise in 21 years in the year starting in April.
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