Stellantis warning of $2.78B loss amid tariffs
Stellantis is warning of nearly $3 billion in losses for the first half of 2025, due to tariffs and other reasons.
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Stellantis is warning of nearly $3 billion in losses for the first half of 2025, due to tariffs and other reasons.
General Motors announced that three of its trucks will be built at Michigan's Orion Assembly plant.
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.
A parking lot in Farmington Hills, Michigan, is full of Tesla vehicles, leaving many wondering why they are parked there.
Antonio Filosa has been named CEO of the Stellantis automotive company, effective June 23.
The automaker says the new megahub in Van Buren Township, Michigan, will launch in 2027.
A bent brake line caused by faulty assembly may lead to reduced brake function, putting the driver and others on the road in danger.
Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
Quality Metalcraft is reporting that 41 of its 351 employees in Livonia are subject to permanent layoff.
Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.
Ford Motor cites higher U.S. tariffs as one reason why the automaker is raising prices for three of its cars.
Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto tariffs.
An automotive industry expert says President Trump loves the art of making a deal; and therefore getting a better trade deal is most likely a goal, along with bringing more manufacturing back to the US. However, he also says it's easier said than done.
The operations of Tribar's Wixom location will be moving to Howell, according to plans announced earlier this month.
A Michigan WARN Act notice reports that Tribar Technologies operations will be consolidated in Howell.
President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P Global Mobility.
What do we know about the idea of pausing the auto tariffs? So there has been no official timeline so far no firm timeline. But President Trump has said that he wants to give automakers time to increase domestic production.
Slotkin is a former CIA officer who worked in national security roles in the Pentagon during the Bush and Obama administrations.
Shawn Fain, president of United Auto Workers, took to social media Thursday to give a policy speech. "There's a lot of uncertainty over what this moment holds," he said.
The automaker is working with local authorities on the investigation.
The layoffs begin Monday and are expected to last for several weeks.
As President Trump's 25% tariff on all imported vehicles kicked in overnight, it's expected that new cars are going to rise in price even more.
Jeep-maker Stellantis is idling production at plants in Canada and Mexico and will temporarily lay off 900 workers in the Midwest.
The work will take place along a five-mile stretch on Rochester Road from M-59 up to Tienken.
As Washtenaw County prosecutor, Eli Savit ended cash bail and decriminalized mushrooms as well as consensual sex work. Some Republicans worry his progressivism goes "too far" to be Michigan's Attorney General.
One of those criminally charged in the death of 5-year-old Thomas Cooper has pleaded no contest to involuntary manslaughter.
Aaron Samir Akel, 50, was arraigned July 20 on first-degree murder charges after prosecutors say he strangled and stabbed his 73-year-old cellmate at the Macomb County Correctional Facility in April.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
After years of water main breaks in Oakland County, the Great Lakes Water Authority plans an $81 million infrastructure update.
Clearer air is forecast for Metro Detroit on Tuesday, but the change in weather includes the possibility of scattered showers and thunderstorms.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
A group of volunteers who oversee multiple baseball fields at Maple Glen Park in Commerce Township say one of their fields experienced damages over the weekend after someone lit off fireworks.
The work will take place along a five-mile stretch on Rochester Road from M-59 up to Tienken.
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.
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
Behind every video is a true family effort.
Concerns surrounding air quality are prompting event organizers across Metro Detroit to make adjustments to their festivities or cancel altogether.
The few who aren't open for business on Thursday say it's out of concern for their employees' health and to protect their art.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
A United Airlines employee appears to have been caught on video threatening to call ICE on a passenger last week at San Francisco International Airport.
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
A state representative says these weather conditions expose the need for long-term solutions at MDOC facilities going forward.
The number of cyclosporiasis cases in Michigan continues to grow in the hundreds each day as health officials track a parasite that can cause diarrhea and nausea after contaminated food is eaten.
While the U.S. Food and Drug Administration is still working to identify the source of a parasite that has caused a cyclosporiasis outbreak, a Michigan doctor says officials are closer than you think to solving the case.
The number of cyclosporiasis cases in Michigan continues has topped 6,100 as an investigation into the origin of the parasite in the food supply continues.
A statewide air quality alert for Michigan is in effect through Monday due to wildfire smoke, according to the state's Department of Environment, Great Lakes, and Energy.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
U-M President Domenico Grasso announced Monday that Manuel will leave the role by the end of the year, as a third-party culture review found failures to act on allegations of wrongdoing within the athletic department.
A Detroit nonprofit's annual summer celebration was in jeopardy after 400 pairs of shoes were stolen from its warehouse. Thanks to the community, Hoopfest was able to move forward.
Ryan Johnson struck out five and allowed one run in five solid innings, Jorge Soler and Zach Neto delivered RBI hits and the Los Angeles Angels snapped a four-game skid with a 3-2 win over the Detroit Tigers.
Spain dominated the match, outshooting Argentina 20-3, but couldn't manage a goal in regulation — finally scoring in the second period of extra time.
Tarik Skubal pitched seven dominant innings, Spencer Torkelson homered twice and drove in four runs, and the Detroit Tigers cruised to a 7-0 win over the Los Angeles Angels.
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.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
The city of Ann Arbor is one step closer to adding 343 affordable housing units to its housing stock.
With the Aug. 4 primary election in Michigan a few weeks away, CBS News Detroit is talking to candidates in local, state and federal races. Michigan 7th congressional district candidate William Lawrence discusses his campaign. The seat is currently held by GOP Congressman Tom Barrett, who is seeking reelection. Lawrence is up against Bridget Brink and Matt Maasdam in the Democratic primary.
After years of water main breaks along 14 Mile Road in Oakland County, the Great Lakes Water Authority is moving forward with an $81 million project to prevent future failures.
President Trump has imposed a new 50% tariff on Canadian imports. The White House claims it is in response to Canada's unfair treatment of American auto, dairy and alcohol products.
Strong to severe storms are possible this afternoon. NEXT Weather Meteorologist Karen Carter tells us what we can expect this afternoon and after the storms pass.