GM 2Q Profit Falls Nearly 16 Percent
General Motors says second-quarter net income fell 16 percent as slowing international profits and losses in Europe offset strong North American earnings.
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General Motors says second-quarter net income fell 16 percent as slowing international profits and losses in Europe offset strong North American earnings.
Ford Motor Co. says it earned $1.2 billion in the second quarter as U.S. pickup truck demand and growing sales in China offset losses in Europe.
"There's no question that Treasury, the taxpayers, are going to lose money on the GM investment," said Special Inspector General Christy Romero.
Ford says it's going to need about 800 more salaried workers than it initially anticipate
The Concours d'Elegance kicks off Sunday in Plymouth -- where beautiful, classic and exotic automobiles will be on display.
Michelin is voluntarily recalling 100,000 tires after a retailer discovered that some of them had holes in them.
The new surveillance system for police cars automatically sounds a chime, locks the doors and puts up the windows if it detects someone approaching the car from behind.
"Automakers are quickly pushing these technologies into high-volume production vehicles, so you don't have to pay an extreme price tag to get a taste of the latest and greatest innovations."
Toledo Jeep Plant building 150 Cherokees a day, as they move to their goal of 500 vehicles a day.
The company plans to re-calibrate the vehicle control systems on 77,000 Ford C-Max and Fusion hybrids and Lincoln MKZ hybrids from the 2013 model year.
Plant gears up for next generation of mid-size cars
Chrysler says a software problem may disable the electronic stability control system when the pickups start.
GM said Tuesday that it sold 4.85 million cars and trucks worldwide from January through June.
Hau Thai-Tang to become VP Global Purchasing, replacing retiring Tony Brown.
General Motors says the new Chevrolet Corvette sports car will get 29 miles per gallon of gas in highway driving.
Hazel Park Schools District's superintendent was not at Monday night's meeting after being put on administrative leave a second time. However, the interim superintendent was in attendance as the school board voted on his contract.
Ballots will look different depending on the county and municipality in which residents are voting. But the three proposals are statewide, so they'll appear no matter where you're casting your vote.
Authorities say human remains were found in a wooded area south of the court building around 10:07 a.m. Tuesday.
Michigan health officials say the state's cyclosporiasis outbreak has now grown to more than 9,600 cases.
A preliminary investigation revealed that the shooting followed a fight between two groups.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
A 23-year-old man who pleaded guilty to conducting a criminal enterprise in connection with a Metro Detroit vehicle theft operation that Michigan officials called "prolific" has been sentenced, according to online court records.
Many newer vehicles are equipped with high-efficiency cabin air filters capable of capturing a significant amount of fine particulate matter.
Lawmakers in Michigan are working to push legislation that would stiffen penalties on noisy vehicles with exhaust modifications.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
A group of young performers is taking the stage on Friday night to showcase their talents while celebrating Detroit's culture and history.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
A major weekend in Ann Arbor as fans gear up to see country music star Morgan Wallen take over the University of Michigan Big House stadium on Friday and Saturday.
Behind every video is a true family effort.
A Wisconsin tornado that struck near Appleton and Menasha has caused extensive damage and knocked out power to more than 30,000 people. It stayed on the ground for more than 20 minutes.
Abdul El-Sayed and Rep. Haley Stevens clashed on outside spending and electability in their last debate before Michigan's Democratic primary next week.
Jackson Holliday had four hits and the Baltimore Orioles hit three home runs in an 8-5 win against the Detroit Tigers on Monday night.
Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
Michigan health officials say the state's cyclosporiasis outbreak has now grown to more than 9,600 cases.
Authorities claim Yolanda Matthews submitted more than $539,000 in false and fraudulent claims to Medicare.
Trinity Health's new leadership council aims to improve engagement with the local residents who get care in Brighton.
Michigan officials are tracking over 1,000 new cases of cyclosporiasis as the outbreak continues to add up.
According to a CBS News poll released on Sunday, 40% of Americans are buying or eating less produce because of the outbreak of cyclospora, which causes cyclosporiasis. So, CBS News Detroit wanted to know if this sudden shift in eating habits has impacted people and restaurants in Metro Detroit.
This is the first time Boynton has fielded media questions since being promoted to head coach.
Jackson Holliday had four hits and the Baltimore Orioles hit three home runs in an 8-5 win against the Detroit Tigers on Monday night.
Michigan athletic director Warde Manuel will receive a $7.14 million lump sum as part of his separation agreement with the university.
Center fielders Carlos Beltrán and Andruw Jones and second baseman Jeff Kent were inducted into the Baseball Hall of Fame on Sunday.
The Detroit Tigers were edged by the Royals 5-4 at Comerica Park on Sunday afternoon after Kansas City's Michael Massey hit a go-ahead, two-run homer with two outs in the eighth inning.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
On Tuesday, the Detroit City Council approved two more contracts, bringing the total to four for the first phase of Detroit's $184 million Alley Sewer Repair Program.
For Detroit homeowners waiting for alley sewer repairs, the big question has been when the project would move from planning to the field.
Hazel Park Schools District's superintendent was not at Monday night's meeting after being put on administrative leave a second time. However, the interim superintendent was in attendance as the school board voted on his contract.
Democrat Christina Hines discusses her campaign for Michigan's 10th Congressional District.
The Oakland County Sheriff's Office is investigating after a body was found outside the Oakland County Circuit Court Building in Pontiac.
