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,
Power outages have been scattered across Metro Detroit, including in Madison Heights, Troy and Warren, as the heat wave builds.
Detroit police say a 39-year-old man surrendered to police after he fired shots at bailiffs who were serving an eviction notice, leading to an hours-long barricade situation on Tuesday.
Whitmer urges state officials to "take all necessary measures" to ensure that soldiers participate in providing public safety and security during events celebrating the 250th anniversary of the United States.
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.
A federal judge just blocked a Trump administration move to limit the amount of federal loans nursing students can borrow, but medical students aren't off the hook yet.
Detroit police say a 39-year-old man surrendered to police after he fired shots at bailiffs who were serving an eviction notice, leading to an hours-long barricade situation on Tuesday.
Inside the company's archives, corporate archivist Virginia Angles preserves more than 120 years of Kellogg history.
Whitmer urges state officials to "take all necessary measures" to ensure that soldiers participate in providing public safety and security during events celebrating the 250th anniversary of the United States.
Southeast Michigan residents who lack access to air conditioning are welcome at designated cooling centers during this week's heat wave.
An extreme heat warning for Southeast Michigan takes effect at noon today. Here's what you need to know about dealing with such conditions.
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.
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.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
Whitmer urges state officials to "take all necessary measures" to ensure that soldiers participate in providing public safety and security during events celebrating the 250th anniversary of the United States.
A federal judge just blocked a Trump administration move to limit the amount of federal loans nursing students can borrow, but medical students aren't off the hook yet.
Three U.S. egg producers will be required to provide 53 million eggs to food banks and to pay a $3.3 million financial penalty.
The typical non-homeowner household earns about $7,000 less than what's needed to buy an entry-level home, according to LendingTree.
The Supreme Court agreed to take up challenges to so-called assault-weapons bans in Cook County, Illinois, and Connecticut.
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.
With dangerously hot temperatures expected in Southeast Michigan this week, doctors at DMC Detroit Receiving Hospital are urging people to take precautions to avoid heat-related illness.
A Detroit grandmother dedicated to honoring her daughter's memory needs the public's help. After starting a transportation business to support her family, her vehicle is breaking down and she needs a new one to continue the service.
State officials have taken over the investigation into one death and hospitalizations among patients who received dialysis treatment in Southeast Michigan.
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.
Former Detroit Lions cornerback Terrion Arnold was released on bond Tuesday, one day after a judge set a $1 million bond in connection with a robbery and kidnapping in Florida.
Casey Mize matched a career high with 10 strikeouts over seven innings and the Tigers capitalized on shoddy defense by the slumping Yankees in a 7-3 victory Monday night.
Dusty May's only dream growing up was coaching high school basketball in his home state of Indiana.
The Detroit Lions announced they have released cornerback Terrion Arnold hours after he appeared in court in connection with a robbery and kidnapping case in Florida.
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.
Thousands of Metro Detroit residents lost power late Tuesday and into Wednesday morning. Here's a recap of the situation as of 6 a.m. Wednesday.
Another extremely hot day ahead! Mostly sunny today as the Extreme Heat Warning remains in effect through Thursday, with high temperatures reaching the mid 90s-to-upper 90s and heat indices at or above 105 degrees each day. Friday will also be hot, with high temperatures exceeding 90 degrees, but scattered to numerous showers and thunderstorms are likely to develop in the afternoon. A good chance for showers and thunderstorms will continue at times over the weekend, with temperatures gradually cooling down.
A home in Redford Township, Michigan, has been declared an "imminent" public health threat due to a hoarding situation inside the home.
Former Detroit Lions cornerback Terrion Arnold was released on bond Tuesday, one day after a judge set a $1 million bond in connection with a robbery and kidnapping in Florida.
Detroit police say a 39-year-old man surrendered to police after he fired shots at bailiffs who were serving an eviction notice, leading to a barricade situation on Tuesday.