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Press Releases

General Motors to manufacture new Chevy Blazer in Mexico

CNBC's Phil LeBeau reports on General Motors' plan to build its new Chevy Blazer crossover SUV in Mexico, to the disapproval of the United Auto Workers union.

Source: CNBC.com

EU auto stocks fall after Trump threatens car tariffs

CNBC's Phil LeBeau breaks down what Trump's threat to impose 20-percent tariffs on European cars means for the larger auto industry.

Source: CNBC.com

Analyst says Tesla margins don't add up

CNBC's Phil LeBeau reports on the latest note from Tesla analyst Toni Sacconaghi of Sanford C. Bernstein.

Source: CNBC.com

German automaker stocks fall on tariff tensions

CNBC's Phil LeBeau reports on Daimler, BMW and Volkswagen shares falling due to tariff tensions with the E.U. and China.

Source: CNBC.com

Mercedes-Benz parent issues weak 2018 guidance partially due to China import tariffs

CNBC's Phil LeBeau reports on Mercedes-Benz parent company Daimler issuing weak 2018 earnings guidance for the company overall and specifically for Mercedes Benz vehicles, in part due to increased import tariffs for U.S. vehicles in China.

Source: CNBC.com

Tesla sues former employee over hacking and sharing secrets

CNBC's Courtney Reagan and Phil LeBeau report on Tesla filing a lawsuit against a former employee over hacking the company and sharing company data with the media.

Source: CNBC.com

Volvo opens new South Carolina plant

Hakan Samuelsson, Volvo Car Group CEO, speaks with CNBC's Phil LeBeau about opening a new plant in South Carolina.

Source: CNBC.com

US automakers fear Chinese retaliatory tariffs

CNBC's Phil LeBeau reports on how a trade war with China could impact automakers like BMW, Mercedes, and Tesla.

Source: CNBC.com

Musk emails employees about 'extensive and damaging sabotage'

CNBC’s Phil LeBeau reports on an email from Elon Musk obtained by CNBC about a fire Sunday night at the electric car company’s Fremont, California factory.

Source: CNBC.com

Tesla soars 50 percent from recent low

CNBC's Phil LeBeau breakings down Tesla's headline-filled weekend.

Source: CNBC.com