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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These are fun days at Ford. After staring bankruptcy in the eye and surviving a horrific slump in sales, the auto maker is rolling. Sure, it's not yet back in the black, but it has the big "MO". It's adding production, cutting losses, and is in the sweet spot of new product cadence with models like the Edge and Taurus bringing back buyers.
It sounds strange to say it, but it's true. The auto industry still has too many plants with the capacity to crank out millions more cars and trucks than needed.
I thought the final numbers on the Cash for Clunkers program were fairly straight forward. The Department of Transportation released the top 10 selling models and what percentage of vehicles were sold by each auto maker. But those numbers don't make sense to many of you.
It is a story I've heard people whispering about over the last week. Talk of dealers holding off on completing Cash for Clunker sales until paperwork is "approved" by the Federal government has picked up in the last week.
The rumors have been swirling for a few weeks. Now there are reports Toyota President Jim Press is in fact leaving the company before the end of the year. While the company will not officially comment on the reports, it appears to be the end of a strange marriage between Press and Chrysler. It also would mark the end of a relationship that never flourished as many expected when Press left Toyota for the American auto maker.
High-cost, short-term car title loans are leading people to take out risky lines of credit.
Aston Martin has recalled 7,256 vehicles due to faulty electronic modules in their front seat heaters.
Porsche's supercar was recalled for repairs after reports of possible defects on its front axle, USA Today reports.
Takata Corp, the air bag maker embroiled in millions of recalls worldwide, said its president Stefan Stocker would step down.
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