Ford says it expects a $1.5 billion hit from tariffs this year
Ford Motor Co. says it expects to take a $1.5 billion hit to its operating profit from tariffs this year.
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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.
President Trump will impose 25% tariffs on all imported vehicles and auto parts starting April 3. Sam Darwich, owner of Northwestern Auto Repair in Farmington Hills, Michigan, joins CBS News to discuss how the tariffs could impact his business.
These automakers are the most and least exposed to President Trump's sweeping tariffs on automobiles.
President Trump's newly announced 25% tariffs on all vehicles and auto parts imported into the U.S. is set to take effect April 2.
Reaction to Trump's 25% auto tariffs include neighbors who insist "there shouldn't be any tariffs," to adversaries who say nobody will win a trade war.
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.
The union said the tariffs could help bring back thousands of more automotive jobs across the U.S.
Automotive experts believe the buyouts are a cost-cutting move by reducing the workforce.
A 25% tariff on imported vehicles and vehicle parts from Canada and Mexico is set to take effect on April 2.
About 50 cars and trucks that are part of Ford's Heritage Fleet are on display in Dearborn, Michigan.
The Trump administration has imposed a 24% tariff on Canada and Mexico and a 10% tariff on China.
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.
The financial report from auto maker Stellantis indicated its net profit for 2024 is down 70% from 2023.
2026 will be the final year for the Rocket Classic in Detroit.
Two people are in the Monroe County Jail after deputies investigated a home invasion in Frenchtown Township.
Toledo's police chief said Tuesday that a dispute between two rival groups appears to have triggered the mass shooting near the Old West End Festival, and two firearms believed to have been fired have been seized.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
Isolated to scattered storms may develop Wednesday night in Southeast Michigan, but the greater severe weather potential appears to be on Thursday.
2026 will be the final year for the Rocket Classic in Detroit.
Isolated to scattered storms may develop Wednesday night in Southeast Michigan, but the greater severe weather potential appears to be on Thursday.
Two people are in the Monroe County Jail after deputies investigated a home invasion in Frenchtown Township.
While the investigation into the circumstances continues, the U.S. Coast Guard says it has ended its efforts to find a missing Michigan woman in the Bahamas.
Toledo's police chief said Tuesday that a dispute between two rival groups appears to have triggered the mass shooting near the Old West End Festival, and two firearms believed to have been fired have been seized.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Stephen Colbert, former host of "The Late Show," is helping raise money for the Michigan nonprofit Monroe Community Media after appearing on a broadcast of the organization's community access program "Only in Monroe" earlier this month.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
For three days, Detroit is the epicenter of techno music with this Memorial Day weekend tradition, and the music lovers made sure to attend the final day of the Movement Festival on Monday.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
Detroit Red Wings captain Dylan Larkin has requested a trade by submitting a three-team list of desired destinations, a person familiar with discussions confirmed to The Associated Press.
Currently acting attorney general, Todd Blanche may face an uphill confirmation battle from some wary Republican senators.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Now out of the hospital, Tavaun Clark says he's focused on recovering and getting back to what he loves most, playing football this summer.
According to the U.S. Attorney's Office, the two people are accused of providing federal authorities with false statements after arriving at the McNamara Terminal on Jan. 25, 2026.
West Nile virus has been detected among mosquitoes in two locations near Grand Rapids, the Kent County Health Department said.
A Northville dentist is facing 43 felony charges in an alleged Medicaid fraud scheme.
2026 will be the final year for the Rocket Classic in Detroit.
Detroit Red Wings captain Dylan Larkin has requested a trade by submitting a three-team list of desired destinations, a person familiar with discussions confirmed to The Associated Press.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Denny Hamlin went from the rear to first again Sunday, winning at Michigan International Speedway to earn his second consecutive NASCAR Cup Series victory from the pole position.
Kevin McGonigle homered in the fourth inning and hit a two-run single off All-Star closer Andrés Muñoz with two outs in the bottom of the ninth that gave the Detroit Tigers a 5-4 victory over the Seattle Mariners.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Nine of the 12 people injured in a mass shooting Saturday near a neighborhood festival in Toledo, Ohio, have been released from hospitals, as the other three continue to recover from their injuries.
The City of Westland is among the Metro Detroit communities that has concerns over its contract with Priority Waste.
The Michigan State Police are investigating a shooting that happened early Tuesday along I-94 in Metro Detroit.
Officials from the City of Toledo and State of Ohio plan to provide more information on Tuesday in the investigation into a shooting that injured 12 people at the Old West End neighborhood festival.
Testimony continues in Macomb County 16th Circuit Court in the trial against James Burke, who is charged with two counts of manslaughter after his police cruiser crashed into another vehicle.