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,
Safety concerns continue in the city of Birmingham, Michigan, but this time they center on a big fight on the downtown street.
A Clarkston, Michigan, man is facing charges for alleged indecent exposure over the weekend at the Twelve Oaks Mall in Novi.
Three tubers who went missing along the Muskegon River in West Michigan last week are recovering following a three-day search and rescue.
A 26-year-old Shelby Township man appeared in court on Monday after he allegedly stabbed another man over the weekend at the Raft Off event on Lake St. Clair.
Oakland County schools are preparing to use a new set of standardized emergency terms designed to improve communication during school crises.
Three tubers who went missing along the Muskegon River in West Michigan last week are recovering following a three-day search and rescue.
Safety concerns continue in the city of Birmingham, Michigan, but this time they center on a big fight on the downtown street.
Showers and storms rolled through early Monday morning, bringing some much-needed rainfall to Southeast Michigan.
Waterford Township was one of five townships in Oakland County to see voters reject millage proposals addressing public safety.
The Macomb County Sheriff's Office says it's searching Lake St. Clair in Southeast Michigan for a swimmer who was reported missing on Saturday evening.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
Dodge unveiled the return of the Super Bee on Thursday during a media preview for Roadkill Nights Powered by Dodge at M1 Concourse in Pontiac.
As a special Goodyear Auto Service Center, the store will display the company's products, technology and heritage.
The president's visit to the Great Lakes state comes less than 100 days before midterm elections that will test his party's grip on Congress.
A 23-year-old man who pleaded guilty to conducting a criminal enterprise in connection with a Metro Detroit vehicle theft operation that Michigan officials called "prolific" has been sentenced, according to online court records.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
A group of young performers is taking the stage on Friday night to showcase their talents while celebrating Detroit's culture and history.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
A major weekend in Ann Arbor as fans gear up to see country music star Morgan Wallen take over the University of Michigan Big House stadium on Friday and Saturday.
The recalled products with jalapeño were distributed at national retailers, including Walmart, Target and Trader Joe's, in 26 states.
Michigan Senate candidate Abdul El-Sayed says he's spoken with Barack Obama and hopes the former president will campaign with him.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Dr. Jay Bhattacharya, director of the National Institutes of Health, said "I trust the science" on vaccines as measles cases have risen to their highest levels in 35 years.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The fungus can live on surfaces, move from person to person and, in some cases, resist the drugs used to treat it. For people who are already sick, the fungus can become life-threatening and, in some cases, fatal.
State and federal health officials say cyclosporiasis cases are slowing down, and contaminated lettuce is no longer on the market.
The Michigan Department of Health and Human Services says it has counted 12,218 cyclosporiasis cases in the state as of Aug. 5.
Despite more than 11,500 cyclosporiasis cases statewide, Michigan health officials say residents should continue eating fresh produce and follow washing and handling steps to reduce their risk of illness.
The Detroit Lions will be without starting center Cade Mays for a "significant" amount of time after the free agent addition suffered a wrist injury.
Hao-Yu Lee drove in the go-ahead run in the 10th inning with a pinch-hit single and the Detroit Tigers beat the San Francisco Giants 3-1 in the rubber game of their series.
The Detroit Lions are signing veteran quarterback Josh Dobbs, according to NFL media. The move comes after the team placed QB Teddy Bridgewater on the reserved/retired list on Sunday.
Detroit Lions Pro Bowl running back Jahmyr Gibbs finally got what he wanted. A record-setting contract brought financial security, but for Gibbs, it also ended an anxious wait that had kept him off the practice field.
Rafael Devers hit a two-run homer in the first, Jung Hoo Lee singled in a pair of runs the next inning before Willy Adames homered in the fifth, and the San Francisco Giants beat the Detroit Tigers 5-2.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
The conversation turns to rising auto insurance rates across Michigan and new legislative bills in Lansing that would help stem the tide.
The Democratic side of the aisle had an intriguing development earlier this week when state Rep. Mallory McMorrow suddenly dropped out of the contest
President Trump signed an executive order that reduces the number of recommended childhood vaccines from 18 to 11.
Three tubers who went missing along the Muskegon River in West Michigan last week are recovering following a three-day search and rescue.
Video of a brawl in Birmingham, Michigan, has gone viral and has residents concerned, prompting officials to do something about.
The Michigan Department of Natural Resources released body camera footage on Monday, Aug. 10, showing officers rescuing two women and a child who went missing while tubing along the Muskegon River last week. (Video courtesy: Michigan Department of Natural Resources)
Detroit Lions center Cade Mays is expected to be out for a "significant" time after an injury. Meanwhile, Michigan football coach Kyle Whittingham clarified comments he made about the rivalry with Ohio State.