Mood upbeat along picket lines as U.S. auto strike enters its second day
Polls suggest broad public support for the union, especially in comparison with CEOs from the three companies, who each make eight-figure salaries.
Auto Industry
Auto workers push for work-life balance
Auto industry workers are pushing for better "work-life" balance in contract talks with major automakers. Members of the United Auto Workers union are threatening to go on strike Friday if a deal isn't reached. Nora Eckert, auto industry reporter for the Wall Street Journal, joins CBS News to unpack the stakes of the situation.
Stellantis offers 14.5% pay increase to UAW workers
The proposal falls short of auto workers' demand for a 46% pay increase and the return of pensions for new hires.
United Auto Workers union nears possible strike
Contract negotiators for the United Auto Workers union and three major automobile manufacturers have just one week left to avoid a possible strike. Jordyn Grzelewski, autos and business reporter for Detroit News, joins CBS News to discuss what led to the situation.
UAW says time running out for U.S. automakers to avoid massive strike
Work stoppage at Detroit automakers could dent the car industry and dampen broader U.S. economic growth.
UAW presses Big 3 with "audacious" demands, edging closer to strike
The automakers, which are making billions in profits, have dismissed union's desired 46% pay raise, 32-hour workweek and pensions as "unrealistic."
Only one new car in the U.S. now sells for under $20,000
Strong consumer demand for SUVs and trucks has left few options for price-conscious vehicle buyers.
Automakers building EV charging network
Seven major automakers, including GM, BMW and Mercedes, are pledging $1 billion to build a new electric vehicle charging network. Tesla is not included in the pledge. The plan comes as unionized employees head into negotiations with Detroit carmakers. Bloomberg News Detroit Bureau Chief David Welch joined CBS News to talk about the new developments.
New York Fed: Loan rejection rates rising
More and more Americans are seeing their loan applications rejected. The Federal Reserve Bank of New York reported that rejection rates are up for many loans -- including mortgages, auto loans and credit cards. John Vivian, senior director of finance consulting firm Potomac Global Partners, joins CBS News to help make sense of the lending landscape.
Program helps young people find purpose through classic car restoration
About 1,500 people have passed through the Automotive Mentoring Group since 2007.
Fugitive Carlos Ghosn files $1 billion lawsuit against Nissan
The automotive executive, who is accused of misappropriating Nissan's assets, is suing the company for defamation.
Frenchman's one-of-a-kind wooden car fetches a record price at auction
The Citroen 2CV is one of the most iconic cars ever to come out of France, but nobody had ever seen one quite like Michel Robillard's handcrafted masterpiece.
5/7/2023: This Ancient Atrocity; Lithium Valley; James Nachtwey
Slaughterhouse cleaning company employed kids. Then, Lithium Valley could power EV battery boom. And, James Nachtwey: The 60 Minutes Interview.
Lithium Valley could power EV battery boom
As the U.S. auto industry goes green, companies are developing lithium extraction for batteries in California’s Imperial Valley. Bill Whitaker reports.
China's fast-growing electric car market
The number of Chinese auto exports jumped by more than half over the past two years. China has joined Japan, Germany and the United States as one of the world’s top vehicle exporters. Elizabeth Palmer shows how we could soon get the chance to drive a vehicle “Made in China.”
Ready to drive "Made in China"? There's an app for that.
Chinese auto exports have more than tripled in just five years, and the country's manufacturers have their sights set on the U.S. market.
Effects of the shift to electric vehicles
The auto industry is undergoing a major shift toward electric vehicles in an attempt to be more environmentally friendly. CBS News climate reporter Cara Korte joins Tony Dokoupil and Lilia Luciano to discuss how the shift could affect mechanics and auto shops.
17 states urge recall of Kia and Hyundai cars following thefts
Videos on social media show how to easily hot-wire the vehicles, many of which lack anti-theft engine immobilizers.
Rise of lower-priced electric vehicles
Tom Narayan, the lead equity analyst for Global Autos at RBC Capital Markets, joins CBS News' Lilia Luciano and Tony Dokoupil to discuss why automakers are rolling out more electric vehicles and who is eligible for tax credits connected to their purchase.
More drivers fall behind on car payments, as auto loan rates rise
The average car note grew to $765 a month in February, up from $689 one year prior, according to Cox Automotive.
Robotaxis aim to take San Francisco on ride into the future
Ride-hailing services are preparing to ferry passengers around one of the most densely populated U.S. cities — without a driver.
Federal rate hikes are impacting car loans
As the Federal Interest rates hike up, the auto industry fears for its future. Most Americans depend on cars to get around, but high price tags and rising interest rates make owning one increasingly out of reach. Nancy Chen reports.
Cars still difficult to afford as demand, interest rates drive up prices
The average price of a new car hovers around $50,000, while used cars cost about $28,000.
Dodge unveils last — and super-fast — gasoline muscle car
Automaker says the Challenger SRT Demon 170 will pack over 1,000 horsepower and outpace electric supercars.
GM offers buyouts to most of its U.S. workers amid EV shift
Some salaried employees who have been with the automaker for as little as two years will receive a buyout offer.
Hurricane Isaias makes landfall on Gulf Coast
Trump announces Russia will release millions of tons of diesel to help with costs
Trump promised to lower prices for Americans. Here's what the data shows.
Pentagon's plan to livestream execution sparks intense backlash
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