Ford posts $523 million fourth-quarter net loss on accounting charge for pensions, beats analyst estimates
Ford says it swung to a net loss in the fourth quarter.
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Ford says it swung to a net loss in the fourth quarter.
Auto insurance premiums have risen in most U.S. states, taking a larger percentage out of drivers' paychecks each month.
General Motors' net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers' strike.
General Motors will lay off about 1,300 workers from two of its Michigan plants, according to WARN notices the company has filed with state regulators.
Ford Motor Company said it will match the production of the F-150 Lightning to customer demand after reports that it plans to cut production in half.
United Auto Workers union President Shawn Fain says he met with several non-union autoworkers after workers at Honda, Hyundai and Volkswagen accused the companies of illegal union-busting.
BMW is recalling a small number of SUVs in the U.S. because the driver's air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people.
The United Auto Workers union has announced plans to try to simultaneously organize workers at more than a dozen nonunion auto factories.
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend.
Entering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them.
The companies agreed to dramatically raise pay for top-scale assembly plant workers, with increases and cost-of-living adjustments.
The bearings in some Honda Pilots, Odyssey vans and Ridgeline trucks could fail, causing the engines to stall and increasing the risk of a crash.
United Auto Workers union members approved a new contract with GM, making the company the first Detroit automaker to get a ratified deal.
About 46,000 United Auto Workers at General Motors on Thursday are expected to wrap up voting on a tentative contract agreement in a close race that will decide the fate of the deal that ended a six-week strike.
Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees.
Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers.
The agreement includes a nearly 20% wage increase for base hourly workers and a 25% wage increase for skilled trades workers. It also includes the cost of living adjustment.
President Joe Biden made a major commitment to cultivate a relationship with the new head of the United Auto Workers before the start of strikes at General Motors, Ford and Stellantis.
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit's automakers.
Experts said now may actually be a great time to go car shopping at a discount.
UAW President Shawn Fain hails "groundbreaking" agreement with GM and says union is suspending its strike with the Detroit automakers.
With General Motors finally reaching a tentative agreement with the United Auto Workers, the union says reaching a deal with the last of the three major automakers is a huge win.
Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all.
The pact with Stellantis comes just days after the UAW struck a similar deal with Ford, leaving only GM without an agreement.
Ford has reported significant growth in the third quarter, although its financial results fell short of Wall Street estimates.
Manuel Bardakjian, the Livonia man accused of attempting to break into two homes on back-to-back days last month, was arraigned on charges and entered a not guilty plea during a virtual court appearance.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
Michigan lawmakers and women formerly incarcerated at the Women's Huron Valley Correctional Facility in Ypsilanti are looking for answers after three women died at the facility in the past month.
One week after Clintondale High School canceled its prom, community members and volunteers have put together an event.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
The National Weather Service issued multiple tornado warnings in Michigan on Tuesday.
While the ribbon-cutting and traffic opening dates for the Gordie Howe International Bridge have not officially been announced, it appears that both events will happen soon.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
2026 will be the final year for the Rocket Classic in Detroit.
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.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
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.
Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.
Attorneys for Salah Sarsour, president of Wisconsin's largest mosque, told a federal judge he has lost 30 pounds and is not receiving consistent medical care for Type 2 diabetes while held in an Indiana jail.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Meta pledged to invest $115 million to train electricians, plumbers and other workers needed to operate data centers.
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.
This will be the final year for the Rocket Classic in Detroit. Rocket Companies has sponsored Detroit's PGA TOUR stop since 2019, but they declined to pick up its option for 2027.
Manuel Bardakjian, the Livonia man accused of attempting to break into two homes on back-to-back days last month, was arraigned on charges and entered a not guilty plea during a virtual court appearance.
A new Michigan-based tech company is hoping to help law enforcement improve underwater search capabilities, and they are already seeing results.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak, Michigan.
Michigan lawmakers and women formerly incarcerated at the Women's Huron Valley Correctional Facility in Ypsilanti are looking for answers after three women died at the facility in the past month.