Stellantis reports 27% plunge in 3Q revenues as it cleans up U.S. inventories
Shipments dropped by 20% to 1.2 million vehicles in the third quarter from 1.5 million a year earlier.
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Shipments dropped by 20% to 1.2 million vehicles in the third quarter from 1.5 million a year earlier.
At a rally in Novi over the weekend, Former President Donald Trump promised to save the auto industry in Michigan, and to bring back manufacturing jobs to the state.
The company said after financial markets closed on Monday that it made $892 million from July through September, compared with $1.2 billion it made a year earlier.
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 billion in net profits last quarter.
Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday.
Improper manufacturing and assembly of the cars' steering gearbox may impair driving, according to Honda.
The automaker said the hurricane had impacted suppliers, and the company is working with them to resume operations as soon as possible.
Stellantis has filed a lawsuit against the United Auto Workers union in a continued battle over their 2023 bargain agreement and the UAW's threat to strike.
Members of United Auto Workers Local 1264 in Sterling Heights hosted a rally on Thursday to discuss a possible strike over what they say is a breach of their contracts with Stellantis.
Experts said consumers should not overreact. Any impacts will not be like the supply chain issues consumers saw in 2020.
The United Auto Workers union announced that workers at Ford Motor Company's River Rouge tool and die unit have reached a tentative agreement with Ford.
The United Auto Workers union announced on Wednesday that members at Ford Motor Company's River Rouge tool and die unit will go on strike on Sept. 26 if an agreement is not reached.
In a Tuesday live stream, Fain says the votes are planned at one or more Stellantis locals over the automaker's alleged failure to uphold contract commitments.
The UAW says several local unions filed contract grievances against the automaker.
The recall covers certain Ram pickup trucks from the 2019 and 2021 through 2024 model years, mostly in North America.
Improper installation of electrical component in affected cars could expose it to water, raising risk of "thermal event," the recall states.
Rain or shine, people were ringing in the celebration on Friday at the annual event, which someone described to me as Detroit's Mardi Gras.
For many of these diehard car enthusiasts we spoke to Thursday, Saturday will be a rain-or-shine event. Their vehicles might say otherwise.
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
The union hosted a call Wednesday, during which members will hear what's at stake in November, the union's key issues, and how they're looking to win against the so-called "billionaire class."
Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company's CEO said the auto industry is in the middle of a significant storm.
Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere after reporting a plunge in first-half earnings.
It is the second recent recall for BMW, which earlier this month recalled nearly 400,000 vehicles over potentially dangerous airbags.
Donald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination.
Ford will make its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle.
A woman was ordered to pay restitution and stay away from Ulta Beauty stores after a sentencing on charges related to a vehicle crash into a beauty shop.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Michigan Attorney General Dana Nessel has ended efforts to seek criminal prosecution over a false certificate of votes regarding Michigan's results in the 2020 presidential election.
Here's how to keep yourself and your family safe when tornadoes threaten Southeast Michigan.
Strong to possibly severe thunderstorms are expected across Southeast Michigan, beginning Tuesday night.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Residents in Novi, Michigan, attended a city council meeting on Monday to voice their frustrations about another water main break that happened in the last six months.
Here's how to keep yourself and your family safe when tornadoes threaten Southeast Michigan.
The Great Lakes Water Authority is asking residents to be on the lookout for weather-related issues from heavy rainfall.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
A restaurant celebrating rock music in the era of the legendary band Kiss is set to open in Royal Oak.
Six Flags is selling off some of its North America amusement parks, including Michigan's Adventure in Muskegon.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
Faster Horses, a multi-day country music festival, will not return this summer to Michigan International Speedway.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Tarik Skubal will not pitch again in the World Baseball Classic.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far.
Vernors ginger ale has been part of Detroit culture for generations.
Michigan farmers face intense pressure to sell land as developers offer huge payouts, and state programs struggle to help keep farms intact.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Water testing has detected "low levels" of Legionella bacteria at two more Oakland County government buildings.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Henry Ford Health and Teamsters Local 332 remain locked in a labor dispute over a nurses' contract.
Tarik Skubal will not pitch again in the World Baseball Classic.
More changes are happening within the Detroit Lions organization after the team reportedly acquired Carolina Panthers center Cade Mays and Miami Dolphins offensive tackle Larry Borom.
Tarik Skubal is thinking about pitching again for the United States in the World Baseball Classic after the Detroit Tigers ace had previously planned to make just one start.
John Gibson and Cam Talbot combined to make 31 saves, Dominik Shine scored his first NHL goal and the Red Wings beat the Devils 3-0 on Sunday night.
Western Michigan and Eastern Michigan both fired their men's basketball coaches on Sunday, parting ways with former assistants under Michigan State coach Tom Izzo.
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.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Defense Secretary Pete Hegseth said Tuesday that it would be the "most intense day" of strikes against Iran so far. Natalie Brand reports.
Jury deliberations are set to resume Tuesday in Lenawee County Circuit Court in Adrian, Michigan, in the trial of Dale Warner, who is accused of killing his wife Dee Warner.
Novi residents are frustrated with the impact of yet another water main break. Severe weather is possible Tuesday night. Those headlines and other top stories are in our news brief.
President Trump says the end is in sight in the war against Iran. CBS News has this update.
CBS News Detroit's weather team says the potential exists for severe storms Tuesday night, to include large hail, damaging winds, heavy rain and possible strong tornadoes. Here's what to watch for, and when.