Stellantis CEO Carlos Tavares resigns amid slumping sales
Stellantis CEO Carlos Tavares has resigned after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.
Auto Industry
How Trump's tariff plan could impact steel
President-elect Donald Trump plans to put tariffs on Canada, the largest foreign steel supplier to the U.S. Catherine Cobden, president and CEO of the Canadian Steel Producers Association, joins "The Daily Report" to discuss what tariffs could mean for the industry.
Here's who would benefit from Trump's tax plan on car loan interest
Donald Trump is proposing making interest on car loans tax-deductible. But the benefit would mostly help high earners.
Honda recalls 1.7 million U.S. vehicles over steering risk
Improper manufacturing and assembly of the cars' steering gearbox may impair driving, according to Honda.
Stellantis files lawsuit against UAW over threats to strike
Stellantis has filed a lawsuit against the United Auto Workers union in a continued battle over their 2023 bargain agreement and the UAW's threat to strike.
Congress is trying to force carmakers to keep AM radio
AM Radio for Every Vehicle Act would require AM radios in electric vehicles, even though automakers claim electric motors interfere with the signal.
Virginia students surprise school custodian with dream SUV
When Francis Apraku saw the Jeep Wrangler in the school parking lot, he said the gesture brought him to his knees.
UAW files unfair labor practice charges against Stellantis
The UAW says several local unions filed contract grievances against the automaker.
Historic car collection turned into museum
J.B. Nethercutt used the fortune he amassed helping his aunt, Merle Norman, start her successful cosmetics company to buy the types of cars he dreamed about owning as a kid. The massive collection, which had to housed in a five-story building plus another storage facility across the street, is now a museum in Los Angeles. Carter Evans has the story.
Stellantis recalls 1.2 million Ram trucks to fix software bug
The recall covers certain Ram pickup trucks from the 2019 and 2021 through 2024 model years, mostly in North America.
BMW recalls more than 720,000 cars because electric water pump issue
Improper installation of electrical component in affected cars could expose it to water, raising risk of "thermal event," the recall states.
GM is selling drivers' data to car insurers, Texas alleges
Lawsuit alleges GM is signing up car owners for its OnStar system without notifying them that data is being sold to insurers.
BMW recalls more than 290,000 cars because cargo rail may detach
It is the second recent recall for BMW, which earlier this month recalled nearly 400,000 vehicles over potentially dangerous airbags.
Inflation may be cooling, but car insurance rates are revving up. Here's why.
Auto insurance has gone up 19.5% since June of last year, according to the latest Consumer Price Index data. The reason? Getting T-boned by inflation.
Stellantis recalls 332,000 vehicles over faulty seat belt sensor
Seat belt buckle switch sensor may be improperly connected, preventing the front seat air bag from deploying.
How Detroit is bouncing back after decline
More than a decade after Detroit filed for bankruptcy, the city has seen the first increase in population since 1957, and with it a slew of new businesses. Axios Detroit reporter Annalise Frank joins to discuss.
CDK Global cyberattack crippling car dealers
American car dealers could lose nearly $1 billion due to an ongoing cyberattack on software provider CDK Global. Charles Carmakal, chief technology officer of Mandiant Consulting, the security consulting organization of Google Cloud, joins CBS News to discuss how the hack is crippling operations, and what can be done to prevent similar incidents from happening again.
Electric vehicle prices are tumbling. Here's the financial impact.
The average price of a new EV was $56,648 last month, down 15% from two years prior, according to Kelley Blue Book.
3 ways the CDK cyberattack is affecting car buyers
The hack affecting more than 15,000 car dealers around the U.S. is also hampering vehicle buyers. Here's what to know.
What to know about the CDK Global cyberattack
A cyberattack on a company that provides software for thousands of car dealers in North America says it's a "ransom event." The hack on CDK Global happened last week and is still disrupting about 15,000 car sellers who depend on the company's software to run their businesses. CBS News MoneyWatch reporter Megan Cerullo has more.
CDK cyberattack leaves thousands of car dealers spinning their wheels
"Everything is frozen, everything is tied up," one auto dealership owner said after cyberattacks crippled software maker CDK Global.
Kia recalls nearly 460,000 Tellurides, tells drivers to park outside
Kia is advising Telluride owners to park their vehicle outside because of fire concerns with the SUV's power seat controls.
Jeep Wagoneer excels as other large SUVs fall short in safety tests
Large SUVs offer a sense of security, but some models are safer than others, says the Insurance Institute for Highway Safety.
New SUV crash test results revealed
The latest crash tests from the Insurance Institute for Highway Safety focus on large SUVs. Two of the three most popular large SUVs earned low marks in several key safety categories, including crash protection.
BMW, VW used parts made with Chinese forced labor, says Senate report
A Senate inquiry found BMW, Jaguar Land Rover and VW have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor.
Peltola says she "knew nothing about" the other Dan Sullivan
Live
Trump visits South Carolina, Peltola speaks out and more from the trail
Patrick Stewart, best known for "Star Trek" and "X-Men," dies at 86
Live
Iran claims 4 tankers hit mines in Strait of Hormuz
El-Sayed's faith, family under scrutiny in campaign. Here's what we know.
DOJ issues new subpoenas in Alaska Senate probe
Hegseth fires Pentagon's top military planner over alleged leaks
Investigation
Whistleblower says DEA let fentanyl pills hit the streets
