Ford to lose $3 billion this year making electric cars
Losses are mounting in the automaker's electric vehicle business, but it says profits are on the horizon.
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Losses are mounting in the automaker's electric vehicle business, but it says profits are on the horizon.
Sales of electric vehicles doubled in 2022, and a host of new models are hitting the showroom floor.
The city of Detroit is welcoming its first all-electric fleet under the Municipal Parking Department.
The automaker announced Friday that it plans to build more of the Mustang Mach-E, the Bronco Sport SUV and Maverick small pickup, the F-150 Lightning electric pickup and the Transit and E-Transit gas and electric full-size vans.
The move is part of the agency's goal to have a fleet of 66,000 electric vehicles deployed by 2028.
The outlet recommends Ford's Maverick Hybrid for anyone with an active lifestyle and Kia's Telluride for infotainment lovers.
Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check.
The Michigan automaker began selling the much-anticipated EV last year and has sold 15,617 of them as of December.
The Biden administration announced rules for EV chargers and new commitments from Tesla, GM and others.
The factory near the city of Marshall would produce batteries with a lithium-iron-phosphate chemistry.
Some electric car owners around the U.S. have experienced sticker shock charging their vehicles. Here's why.
Michigan-based Shyft Group plans to invest about $16 million to expand its facilities in Charlotte, Michigan, and produce more commercial electric vehicles.
The Detroit automaker is increasing production of the Mach-E this year and is taking advantage of streamlined costs to reduce prices across the board, it said Monday.
The head of the National Transportation Safety Board expressed concern Wednesday about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles.
Next time you're circling a full parking lot, try to remember what you saw in it just a couple of years ago. Things are different, now. There are a lot more electric vehicles and they aren't just Teslas anymore, either.
When Kevin Erickson fires up his 1972 Plymouth Satellite, a faint hum replaces what is normally the sound of pistons pumping, gas coursing through the carburetor and the low thrum of the exhaust.
Meijer deployed two of the first all-electric semitrucks, adding them to its fleet of 250 vehicles.
Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted to join the United Auto Workers union.
President Joe Biden reminded Americans he is a "pro-union" president Tuesday as he toured a technology plant to highlight a $300 million expansion, just a day after he sided with business leaders in asking Congress to pass legislation to stave off a crippling rail strike.
New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports' annual reliability survey.
The facility will serve as a regional hub for its vehicle design and testing with the support of a $2.5 million Michigan Business Development Program grant.
Last month Gov. Gretchen Whitmer announced plans to create a path to carbon neutrality by 2050, which includes a statewide electric vehicle charging network before 2030.
DTE energy is now elevating its efforts to sustain electric vehicles, while preparing the power grid to handle it.
A Michigan economic development board approved more than $400 million in state incentives Wednesday for two battery facilities estimated to cost $4 billion and bring 4,500 jobs to the state.
Police say the shooting stemmed from a dispute involving several young adults.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, police said.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
Hundreds of thousands of Michigan residents were without power as severe storms and strong winds rolled through the state Friday evening.
In just over a month, six freeway shootings have been reported across Metro Detroit.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, police said.
Police say the shooting stemmed from a dispute involving several young adults.
Hundreds of thousands of Michigan residents were without power as severe storms and strong winds rolled through the state Friday evening.
This Fourth of July holiday weekend, law enforcement in Oakland County will step up patrols on the lakes. It's part of a nationwide campaign called Operation Dry Water.
The 2027 budget includes no new statewide taxes or fees and preserves the state's rainy-day fund, according to lawmakers.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
President Trump says major automakers Ford and General Motors are in talks with defense contractors about possibly repurposing some plants for weapons production.
According to AAA, the average cost of gas statewide sits at $4.07.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The Hitsville USA campus is undergoing a $75 million donor-funded expansion that includes a theater, recording studio, and immersive exhibits, with a grand reopening planned for 2027.
Grammy Award-winning rapper and recording artist Ludacris won't be performing at the National Cherry Festival in Traverse City, Michigan, after initially being billed for the event due to an "unforeseen scheduling conflict," according to organizers.
National Detroit-style Pizza Day is June 23, a date tied to a dish that traces its roots to a Detroit neighborhood bar and a Sicilian family recipe from 1946.
Crews have been preparing all morning, getting everything ready for the show just after 10 p.m.
Rishi Sharma started his journey 10 years ago by driving around his Southern California neighborhood to record interviews with veterans and later expanded his outreach.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Cyclosporiasis isn't deadly, but state health officials say it can cause diarrhea, nausea, bloating and cramps.
The heat wave can even be dangerous if you don't take extra precautions to stay cool.
An investigation into cyclospora cases has expanded into seven Michigan counties, as health officials seek to determine the cause of the gastrointestinal illness.
DaVita says its Novi dialysis center will resume patient services July 2 after third-party reviews of equipment and water quality found no problems, as a state investigation into a patient death and multiple hospitalizations continues.
Officials say the source of the infection is currently unknown. The department did not say how many cases were confirmed in the county.
The Rangers matched a season high with 17 hits en route to their seventh victory in eight games.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
The 33-year-old played in Detroit during the 2024 and 2025 seasons, helping the team make back-to-back playoff appearances.
Riley Greene hit two of Detroit's four homers off Cam Schlittler as the Tigers beat the Yankees 9-3 on Tuesday night and sent New York to its season-worst sixth straight loss.
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.
We're in the throes of the 100 most dangerous driving days of the year as more folks take to the road for vacations.
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.
While cleanup continues tonight, more storms are on the way overnight into Saturday morning.
Two young men were killed, and another was injured on Friday afternoon after a shooting inside Fairlane Town Center in Dearborn, Michigan, sending shoppers and employees running for safety.
Two people are in custody after a shooting left two dead and another person injured at the Fairlane Town Center in Dearborn, Michigan, Friday afternoon, police said.
Strong storms and high winds rolled through Southeast Michigan on Friday, causing significant damage.
Former NBA All-Star and Entrepreneur Jalen Rose, EMU president Brendan Kelly, DTE’s Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode featuring leaders from across the state at the Detroit Regional Chamber’s Policy Conference.