General Motors Scores $7.6 Billion In 2011
General Motors made $7.6 billion in 2011, its best annual profit ever. GM said it will pay profit sharing of up to $7,000 to approximately 47,500 eligible U.S. hourly employees.
Watch CBS News
General Motors made $7.6 billion in 2011, its best annual profit ever. GM said it will pay profit sharing of up to $7,000 to approximately 47,500 eligible U.S. hourly employees.
General Motors is ending its traditional pension plan for salaried workers, and moving them more toward a 401k style "defined contribution" plan.
The survey from J.D. power says three year old vehicles are more dependable than ever.
Many people say they love that new car smell, but researchers at the Ecology Center in Ann Arbor say it could be making you sick.
While car and truck sales slowly recover, 2012 is shaping up as a record year for car dealers.
Fuel economy of all new vehicles sold in the United States last month was at its highest mark ever, researchers at the University of Michigan Transportation Research Institute announced Monday.
For the second time in less than a week, government investigators are looking into car door fires.
The average fuel economy of current model year vehicles is higher than just four years ago.
Just in time for one of the most romantic holidays of the year, the expert editors from Kelley Blue Book compiled the "10 Bites of Red-Car Candy for Valentine's Day" list.
Since it was first introduced to the public at the 1964 New York World's Fair, nearly eight and a half million Mustangs have been sold, making it one of the most popular and enduring vehicles to ever grace a dealer's showroom.
To meet new government fuel efficiency standards some vehicle manufactures are omitting heavy spare tires and equipping new vehicles with an emergency sealant and inflator kit or tires that if damaged can run reasonable distances without air.
Automakers are required to report known defects within five days. As part of the settlement, BMW agreed to make internal changes to its recall process.
Actor/Director Clint Eastwood is firing back at those who criticized his "Halftime in America" Chrysler ad.
The government is looking into fire issues in two of Toyota's most popular products.
Ford is losing two top executives, but the company's CEO says he isn't going anywhere.
Six police officers and a semi-truck driver have been released from a local hospital after a fiery crash involving a car and a semi-truck.
Police in Clawson, Michigan, say they are working to identify someone who has knocked on the doors of multiple homes in one neighborhood after some claimed that the person appeared to be impersonating a DTE worker.
A former Detroit Police Department sergeant is accused of kidnapping and sexually assaulting five young women over four years.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Police allege that the suspects entered the two stores on March 12 and stole multiple items, threatening to shoot an employee at one of the stores.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Alex DeBrincat scored the go-ahead goal with 3:25 remaining and assisted on Detroit's two other goals, lifting the Red Wings to a 3-1 victory over the Montreal Canadiens.
Morez Johnson Jr. had 21 points and 10 rebounds on a perfect shooting night, and No. 1 seed Michigan rode a second-half surge to a 101-81 victory over 16th-seeded Howard in the first round of the NCAA Tournament.
Jalen Duren had 24 points and 11 rebounds and the Detroit Pistons never trailed in a 117-95 victory over the Washington Wizards, their first game since All-Star guard Cade Cunningham was ruled out for at least two weeks with a collapsed left lung.
Carson Cooper matched his career high with 20 points and grabbed 10 rebounds as Michigan State routed North Dakota State 92-67 to reach the second round of the NCAA Tournament for the 22nd time in 28 consecutive appearances under coach Tom Izzo.
The man who attacked a synagogue in Michigan last week sent a photo of himself with the AR-style rifle he had during the attack to a family member in Lebanon, according to a U.S. official.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
China Reynolds' son, Auggie, could be waiting for the next 6 to 12 months in the hospital until a new heart is available.
Alex DeBrincat scored the go-ahead goal with 3:25 remaining and assisted on Detroit's two other goals, lifting the Red Wings to a 3-1 victory over the Montreal Canadiens.
Morez Johnson Jr. had 21 points and 10 rebounds on a perfect shooting night, and No. 1 seed Michigan rode a second-half surge to a 101-81 victory over 16th-seeded Howard in the first round of the NCAA Tournament.
Jalen Duren had 24 points and 11 rebounds and the Detroit Pistons never trailed in a 117-95 victory over the Washington Wizards, their first game since All-Star guard Cade Cunningham was ruled out for at least two weeks with a collapsed left lung.
Carson Cooper matched his career high with 20 points and grabbed 10 rebounds as Michigan State routed North Dakota State 92-67 to reach the second round of the NCAA Tournament for the 22nd time in 28 consecutive appearances under coach Tom Izzo.
Michigan takes on Howard at KeyBank Center in Buffalo at 7:10 p.m. Thursday.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
Friday is warmer in the 60s while cooler air off of the lakes will roll in on Saturday.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Police in Clawson, Michigan, are investigating reports of a possible DTE impersonator.
Six police officers and a semi-truck driver have been released from a local hospital after a fiery crash involving a car and a semi-truck Wednesday afternoon at the intersection of Ford Road and Haggerty Road, near Interstate 275, in Canton.
A person was taken into custody after a barricaded situation on Thursday in Oakland County, Michigan.