GM expects $500 million tariff refund from Trump levies the Supreme Court struck down
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
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General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Trump's most sweeping levies.
General Motors anticipates a smaller impact from tariffs and is boosting its full-year adjusted earnings forecast as its third-quarter performance topped Wall Street's expectations.
General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed.
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall Street's expectations and the company stuck by its full-year financial outlook that it lowered in May.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto tariffs.
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year.
Mohawk Chevrolet in New York has gone viral on TikTok for its "The Dealership" parody series. The company brought the series to Detroit and featured General Motors CEO Mary Barra.
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
General Motors and real estate firm Bedrock announced Monday the automaker's headquarters will move to the Hudson's Detroit development in downtown Detroit from the Renaissance Center.
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.
With over 50 percent of Michigan's population being female and most working outside the home, an all-star lineup of experts --- Carey Oven, Leslie Murphy, Carla Bailo, and Terry Barclay appear to provide an update of how women are faring in corporate America.
Electric vehicles made by General Motors will be able to use much of Tesla's vast charging network starting early next year.
General Motors has hired a former high-ranking software executive at Apple to run a new software organization at the automaker.
With over 50 percent of Michigan's population being female and most working outside the home, an all-star lineup of experts --- Carey Oven, Leslie Murphy, Carla Bailo, and Terry Barclay appear to provide an update of how women are faring in corporate America.
General Motors announced today they will be making big investments to take the company into its electrically driven future.
Dhivya Suryadevara became GM's first female CFO in 2018 at the age of 39, and quickly became a trusted voice for Mary Barra
GM CEO Mary Barra made more than $20 million last year making her the top paid Detroit auto executive.
Barra said GM's share of profitable retail sales to individual buyers is rising and trade-in values for cars and trucks remain strong.
GM Chairman & CEO Mary Barra appears in an all-star lineup of inspirational Detroit women making an impact across the region and star in CBS 62's "Eye On The Future: The Power of Women" TV special airing Sunday March 13 at 11:30 a.m.
GM Chairman & CEO Mary Barra heads up an all-star lineup of inspirational women impacting Metro Detroit in CBS 62's "Eye On The Future: The Power of Women" TV special airing Sunday Feb. 28 at 6:30 p.m.
General Motors CEO Mary Barra says neither she nor the company's board of directors is interested in a merger with Fiat-Chrysler.
General Motors CEO Mary Barra says the company doesn't need to merge with Fiat Chrysler to take advantage of economies of scale in building cars.
General Motors CEO Mary Barra's compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker's top job.
The GM CEO is one of 35 current and former GM employees who will be questioned,
The Michigan State Police is investigating after it said a 34-year-old man was fatally shot inside a Flint, Michigan, home on Saturday night.
The Detroit Pistons can complete another historic comeback against the Orlando Magic on Sunday.
Drifter Coffee, a cafe in Ferndale, Michigan, says it's closing its brick-and-mortar facility for good on Sunday due to "unexpected expenses" after seven years of operation.
The service members were participating in African Lion, the largest joint military exercise on the continent.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
The Detroit Pistons can complete another historic comeback against the Orlando Magic on Sunday.
A Roseville, Michigan, woman faces two charges after prosecutors allege social media videos showed her hitting a child, the Macomb County Prosecutor's Office said.
The check-in counter for Spirit Airlines at the Detroit Metro Airport is empty, its lights are turned down and a message informs passengers that operations have shut down.
Three people are injured and a 39-year-old woman was arrested after a head-on crash on Interstate 375 in Detroit early Saturday.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
A vote by UAW Local 2093 members will be on May 11. The UAW says that if approved, workers could walk out of the Three Rivers facility starting on May 31.
The organization says its executive committee will oversee operations and lead the search for the next leader, under the leadership of DADA president Katie Coleman and Auto Show chairman Lincoln Phillip.
General Motors has announced production investments at its sites in Romulus, Saginaw and Toledo.
Several cities in Southeast Michigan could allow golf carts on public streets if a state bill expanding the rules passes.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The service members were participating in African Lion, the largest joint military exercise on the continent.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Air traffic control audio records showed the exchanges between controllers and the pilots of some of Spirit Airlines' final flights
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Danny Janssen homered and Josh Jung drove in two runs as the Texas Rangers defeated the Detroit Tigers 5-4 on a rainy Friday night.
Fire department leaders say the rescue reflects the kind of instinctive courage firefighters train for, but also something that goes beyond routine duty.
Parents say the incident highlights the importance of education and communication at home, especially when it comes to THC‑infused products.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
A proposed Michigan law would mandate health insurance plans to cover in vitro fertilization and intrauterine insemination starting in 2027.
Cases of Lyme disease have seen a 168% increase just in the last five years, according to the Michigan Department of Health and Human Services.
The Detroit Pistons can complete another historic comeback against the Orlando Magic on Sunday.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
The Detroit Pistons pulled off a stunning comeback against the Orlando Magic in Game 6 of their playoff series.
Danny Janssen homered and Josh Jung drove in two runs as the Texas Rangers defeated the Detroit Tigers 5-4 on a rainy Friday night.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
A slight chance of some isolated showers later in the day
President Trump on Friday rejected Iran's offer to end the war with the U.S. A ceasefire established over three weeks ago is still ongoing. Wendy Gillette reports.
Travel expert Julian Kheel says Spirit Airlines announcement that it's ceasing operations will have an impact on flight prices moving forward.
Spirit Airlines announced early Saturday that it was cancelling all of its flights and would be shutting down operations. Thousands of people across the U.S. are being impacted by the move, including people at Detroit Metro Airport. Veronica Ortega spoke to travelers whose Spirit Airlines flight at DTW was canceled.
Freezing temperatures are possible tonight, with warmer air expected by Monday.