Phil LeBeau

Ford (NYSE: F) posted good Q4 financial numbers. It also completed the first profitable year since 2005. Ford posted an EPS of $0.25 for Q4. Its pre-tax operating profits for the quarter are at $696 million. Talking with CNBC's Phil Lebeau, Ford CEO Alan Mulally expressed his satisfaction with...

In a surprising move, Toyota (NYSE: TM) has decided to suspend sales of approximately 57% of its new cars. Toyota had recalled 2.3 million cars due to accelerator pedal malfunctioning. The company has also decided to shut down the manufacturing of eight models for an indefinite time period....

The last two years saw a bloodbath in the Auto industry. Tens of thousands of employees got maimed by pink slips. However, now it seems that the industry is creeping back with expansion plans and is on the lookout for new talent. According to CNBC’ Phil LeBeau, Ford (NYSE: F) is planning to hire 1...

General Motors has announced the appointment of Ed Whitacre Jr. as its new CEO. Currently Ed Whitacre holds the title of Chairman and acting CEO. He had replaced Fritz Henderson two months back. According to Phil LeBeau of CNBC, this move shows that GM is willing to keep moving in the right...

Toyota (NYSE: TM) has had to make a slew of recalls during the recent past. Last week, the company had to recall 2.3 million vehicles on account of faulty accelerators. According to CNBC correspondent Phil LeBeau, these recalls are likely to undermine the company’s USP of safety and reliability....

Robert Lutz, Vice President at General Motors (NYSE: GRM), has pegged the demand for GM units between 11 to 12 million during Year 2010. While talking with CNBC’s Phil LeBeau, Robert Lutz sounded cautious when asked about the profitability of GM during year 2010. He said that the profitability of...