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,
Iran downplayed Vice President JD Vance's suggestion that U.N. inspectors will return soon to the country's damaged nuclear facilities.
The owner of Moore Honey estimated that only about a quarter of the 408 hives would survive.
Traffic was snarled in Detroit early Tuesday in the aftermath of a wrong-way crash on Interstate 75.
Riley Greene homered and Kevin McGonigle drove in two runs as the Detroit Tigers beat Gerrit Cole for the first time in 10 years, winning 5-3 against the New York Yankees.
Michigan Gov. Gretchen Whitmer named a new acting director of the Michigan Department of Health and Human Services ahead of current Director Elizabeth Hertel's departure.
A man, who authorities say was armed with a weapon, was shot by Detroit police on Monday ahead of the annual Ford Fireworks show.
Traffic was snarled in Detroit early Tuesday in the aftermath of a wrong-way crash on Interstate 75.
The Republican senator said he was suspending his campaign and supporting Congressman John James, who received an endorsement from President Trump on Monday.
Iran downplayed Vice President JD Vance's suggestion that U.N. inspectors will return soon to the country's damaged nuclear facilities.
On Monday, Michigan Gov. Gretchen Whitmer announced the state's second round of medical debt forgiveness.
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.
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.
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.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
The owner of Moore Honey estimated that only about a quarter of the 408 hives would survive.
Riley Greene homered and Kevin McGonigle drove in two runs as the Detroit Tigers beat Gerrit Cole for the first time in 10 years, winning 5-3 against the New York Yankees.
For many people in Detroit, Rosa Parks was a neighbor, mentor, colleague and friend.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
A Trump administration plan would charge legal immigrants seeking citizenship $570 more in application fees while eliminating waivers and fee reductions for low-income applicants.
Michigan Gov. Gretchen Whitmer named a new acting director of the Michigan Department of Health and Human Services ahead of current Director Elizabeth Hertel's departure.
On Monday, Michigan Gov. Gretchen Whitmer announced the state's second round of medical debt forgiveness.
Blood drives are happening all across Michigan, including one at the Sickle Cell Disease Association of America Michigan Chapter in Detroit.
An experimental fentanyl vaccine that has spent years in development is now entering a new phase, offering new hope in the fight against the nation's ongoing overdose epidemic.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Riley Greene homered and Kevin McGonigle drove in two runs as the Detroit Tigers beat Gerrit Cole for the first time in 10 years, winning 5-3 against the New York Yankees.
University of Michigan men's basketball coach Dusty May is leaving for the Dallas Mavericks head coaching job.
Miyu Yamashita got into a playoff Sunday in the Meijer LPGA Classic in West Michigan when Lottie Woad's 3-foot par try lipped out to close regulation, then won with a 3-footer of her own on the first extra hole.
Dillon Dingler homered and drove in the tying run in the ninth, Matt Vierling's bloop single finished off Detroit's comeback as the Tigers beat the Chicago White Sox 5-4 in 10 innings on Sunday.
Mellissa Channell-Watkins, a Plymouth, Michigan, native, and two other defenders have signed with PWHL Detroit, the team said on Sunday.
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.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
Michigan State Police are investigating a wrong-way crash early Tuesday on Interstate 75 in Detroit, with the highway in that area closed down for cleanup and investigation.
Michigan Senator Minority Leader Aric Nesbitt announced on Monday that he is stepping down from the gubernatorial race, less than three months before the August primary election.
A man, who authorities say was armed with a weapon, was shot by Detroit police on Monday ahead of the annual Ford Fireworks show.
Warm temperatures rebuild this week with rain likely on Wednesday night and Thursday.
A housing project in Detroit is finally done thanks to more than 30 volunteers. Habitat for Humanity and Ford Philanthropy worked together to complete the landscaping of five new homes in the Morningside neighborhood. Construction on the homes on the city's east side started in April 2025.