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Autos Automobiles and Components

  • America’s cars are getting older. And that’s good news for both auto supply chains and car dealerships, Phil LeBeau, CNBC Auto Reporter, told Squawk Box.

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    Obama Administration officials working on a turnaround of General Motors and Chrysler asked for advice from the consulting firm Bain & Company, among other consulting firms, speaking to partners there at least twice, according to multiple sources familiar with the conversations.

  • Telsa Electrified, Older Cars on the Road

    CNBC's Phil LeBeau reports Goldman Sachs upgrades Telsa shares to a "buy" rating and place a price target at $35 on the stock. Also, a look at a new study that shows older and older cars are on the road, despite increasing new car sales.

  • Age of U.S. Cars Hits All-Time High

    The average car in the U.S. is now 11.1 years, with CNBC's Phil LeBeau.

  • A previous story incorrectly reported that Mitt Romney's former firm, Bain & Co., was part of a team of consulting companies that advised President Barack Obama on a decision to shutter car dealerships during the auto bailout.

  • The 2012 collector car auction season is about to kick off, as some of the major collector auction companies are setting up shop in the Phoenix/Scottsdale, Arizona area for some serious wheeling and dealing: Barrett-Jackson (Jan. 15-22), Gooding and Company (Jan. 20-21), Russo and Steele (Jan. 18-22). Elsewhere, Mecum Auctions kicks of its season with more than 2,000 vehicles in Kissimmee, FL (Jan. 24-29).But is collecting classic cars a good alternative investment right now? According to McKeel

    A look at the interesting (and quirky) cars crossing the auction block for a wide-range of investors.

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    If you thought BMW was going to slow down now that it’s the #1 luxury brand in the US, think again.

  • BMW Investment in South Carolina Plant

    CNBC's Phil LeBeau has the details on BMW's plans to open a plant in South Carolina that would cost nearly $900 million.

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    Internet radio company Pandora is "laser focused" on expanding its market share and disrupting the traditional radio business, CEO Joseph Kennedy told CNBC Wednesday.

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    Walk around the Detroit Auto Show and one thing stands out: America's automakers are coming on strong when it comes to cars.  Gone are the days when Detroit's cars lagged the sedans you saw from overseas. 

  • 2012 Hyundai Elantra Car of the Year

    For the annual Car of the Year winner, named at the Detroit Auto Show, the bragging rights don't guarantee a sales boost,  reports the AP.

  • Rolls-Royce Motor Cars sales hit record-breaking levels in 2011, with more cars sold than ever before in the brand’s 107-year history.

  • With over 500 cars and trucks on display at the 2012 North American International Auto Show, this is the American consumer’s first glimpse at what the next year will look like for the automotive industry. This year, 40 new models are expected to be unveiled, ranging from concept cars to hybrids. U.S. auto sales are the highest since 2008 — before sky-high gasoline prices and the financial crisis spooked consumers — and are expected to continue climbing over the next couple years. With an estimat

    With over 500 cars and trucks on display at the 2012 North American International Auto Show, 40 new models are expected to be unveiled, from concept cars to vehicles that will hit the market this year.

  • Ford Fusion

    Ford, Hyundai and Nissan unveiled new models at the 2012 Detroit Auto Show, where fuel efficiency and electric cars were among the key highlights. Plus, Fiat & Chrysler's CEO on an upbeat and competitive auto sector.

  • The Toyota exhibit during a media preview day at the 2012 North American International Auto Show in Detroit, Michigan.

    Toyota USA President Jim Lentz shares his forecasts for retail gasoline prices and the automaker with CNBC's Phil LeBeau at the 2012 Detroit Auto Show.

  • Is the U.S. auto industry back in the driver's seat? Many executives of the biggest car makers seem to think so. Here is a roundup of the comments some of them made to CNBC Monday from the Detroit Auto Show.

  • Toyota President Shares 2012 Outlook

    Discussing whether Toyota can regain sales momentum in 2012 following a tumultuous year in 2011 when the tsnuami in Japan offset production, with Jim Lentz, Toyota U.S.A. president, and CNBC's Phil LeBeau.

  • Detroit Auto Show 2012

    There hasn't been this type of energy at the Detroit Auto Show in years. To quote Chrysler CEO Sergio Marchionne, "It's a different world. It's like a throwback to the 90's. This is the kind of atmosphere we used to have at the Detroit Auto Show when things were going well."

  • Hyundai's Next Leg of Growth

    Insight on the automaker's peak sales mark and plans to open a plant in Brazil this year, with John Krafcik, Hyundai Motor America CEO, and CNBC's Phil LeBeau.

  • Derrick Kuzak, group vice president of global product development at Ford, introduces the 2013 Ford Fusion during the press preview at the COBO Center in Detroit, Michigan.

    BMW, Mercedes Benz and Porsche unveil new versions of key models at the auto show. CNBC's Phil LeBeau talked strategy with some of the top auto executives.