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.
The average price of a new EV was $56,648 last month, down 15% from two years prior, according to Kelley Blue Book.
Tesla has recalled the stainless steel-clad Cybertruck four times since it went on sale November 30.
American automakers are pushing back against a federal safety ruling that involves automatic emergency braking technology in new cars.
The Battery Workforce Initiative creates national guidelines for registered apprenticeships for battery machine operators.
The United Auto Workers and Ford Motor Company have reached a local tentative agreement. Nearly 9,000 autoworkers were set to go on strike Friday if a deal wasn't reached.
Auto insurance premiums have risen in most U.S. states, taking a larger percentage out of drivers' paychecks each month.
The automotive supplier, Thai Summit, is expanding its reach in Michigan by opening a second location in Harper Woods.
United Auto Workers union President Shawn Fain and Vice President Rich Boyer discussed the union's tentative agreement with Stellantis on Thursday evening.
United Auto Workers strike is costing the automotive industry billions of dollars, but negotiations may have turned a corner.
UAW President Shawn Fain says the demand for a 36% pay increase reflects the pay increase that the CEOs at the Detroit automakers have received over the last four years.
When United Auto Workers went on strike against General Motors four years ago, Joe Biden and Donald Trump took very different approaches.
In his Facebook Live update Friday morning, UAW President Shawn Fain called autoworkers to strike at 18 General Motors plants and 20 Stellantis plants nationwide.
UAW President Shawn Fain called for additional strikes against all General Motors and Stellantis parts distribution facilities. Workers will strike at 38 locations across 20 states.
A seating supplier is laying off hundreds of employees as the United Auto Workers and the Big Three continue to negotiate amid the targeted strikes.
As the historic strike against the Detroit automakers is in its 14th day, Fain continues to bargain with the Big Three to ensure the union's demands are met. A key factor in those demands is a pay increase.
Detroit was the heart of the US auto industry for most of the 20th century, but the South has loomed larger since the 1970s.
United Auto Workers – the union that represents workers at the Big Three automakers in Detroit – went on strike overnight.
As the contract deadline approaches and negotiations continue, Stellantis announced that the automaker made a second offer to the UAW and then a third offer, but an agreement still hasn't been reached.
The UAW announced that members can now sign up to receive payments electronically if union members strike against the three Detroit automakers this week.
President Joe Biden may hope the United Auto Workers union will not strike the nation's three unionized automakers. But right now about all he can do is hope.
General Motors issued a counteroffer Thursday to UAW employees amid the labor negotiations between the union and Detroit automakers.
"Cars seem to have really flown under the privacy radar and I'm really hoping that we can help remedy that because they are truly awful," the study's head said.
Brandsegg-Nygard is the first Norwegian player selected in the first round of the NHL Draft.
Hurricane Beryl is forecast to strengthen into a "dangerous major hurricane" before reaching Barbados and the Windward Islands late Sunday.
Police arrested a suspect after a man was shot to death inside a business on Friday in Howell.
Rocket Mortgage Classic announced it will start later on Saturday due to possible rain showers in the morning.
Akshay Bhatia shot a 5-under 67 that included a free drop after his golf ball fell into a fairway drain at Detroit Golf Club.
Denise Ezell filed a lawsuit on Wednesday, saying she still has not received the money since winning on Oct. 30, 2023.
Michigan Gov. Gretchen Whitmer said the difference between Biden and Trump "could not be clearer" following the first presidential debate of the year.
Brandsegg-Nygard is the first Norwegian player selected in the first round of the NHL Draft.
The Dearborn Heights City Council approved the budget for the upcoming fiscal year, avoiding a citywide shutdown on July 1.
Hurricane Beryl is forecast to strengthen into a "dangerous major hurricane" before reaching Barbados and the Windward Islands late Sunday.
American automakers are pushing back against a federal safety ruling that involves automatic emergency braking technology in new cars.
Dearborn Village Ford general sales manager Jay Sturtz says they're resorting to good old-fashioned pen and paper while they wait for CDK to come back online.
The board of General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.
United Auto Workers union President Shawn Fain and other union leaders are under investigation by a federal court-appointed monitor, according to a court filing.
Stellantis-owned Chrysler is recalling more than 211,000 SUVs and pickup trucks in the U.S., due to a software malfunction that could disable the cars' electronic stability control systems.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
"CBS News 24/7," a daily flagship show featuring live reporting from CBS News and Stations' local-to-global newsrooms, brings viewers a dynamic and immersive news experience.
Alec Baldwin's attorneys say the involuntary manslaughter charge against him for the "Rust" shooting that killed Halyna Hutchins should be dismissed.
If you're a car enthusiast, the M1 Concourse in Pontiac is gearing up for a jam-packed season.
In 1999, a series about a New Jersey crime family premiered on HBO; it would change television. Series creator David Chase, and stars Edie Falco, Steven Van Zandt, Michael Imperioli and Steve Schirripa, discuss the personal and cultural impact of "The Sopranos."
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
The Supreme Court overruled a 40-year-old decision that said federal courts should defer to agencies in certain cases. Here's what it means.
CDK outage forecast to slow auto sales by 7.2% in June, pushing demand into July.
The Supreme Court's order clears the way for Steve Bannon to report to prison by July 1 to begin serving a four-month sentence.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
A Rochester mother is concerned about her 16-year-old son's allergy medication after she says it arrived at their home without the equipment to keep it at a certain temperature.
A Michigan Court of Claims judge has granted a preliminary injunction blocking abortion regulations including the 24-hour waiting period, "informed consent" and a ban on advanced practice clinicians providing abortion care.
Medicina Scarlett in Southwest Detroit is now offering its services in English and Spanish to bridge a gap in health care.
Brandsegg-Nygard is the first Norwegian player selected in the first round of the NHL Draft.
Akshay Bhatia shot a 5-under 67 that included a free drop after his golf ball fell into a fairway drain at Detroit Golf Club.
Detroit City FC heads back on the road this Saturday, traveling down to South Beach to face off against Miami FC.
The lawsuit against the NFL covered 2.4 million residential subscribers and 48,000 businesses who paid for the "Sunday Ticket" package of out-of-market games.
The Detroit Pistons have taken forward Bobi Klintman on Thursday in the 2024 NBA Draft after trading with the Minnesota Timberwolves.
U.S. Energy Secretary Jennifer Granholm and U.S. Transportation Secretary Pete Buttigieg appear on CBS Detroit's Michigan Matters this Sunday.
The University of Michigan's Ross School of Business is celebrating its 100th anniversary this year.
The three top elected county leaders essentially run the Metro Detroit region.
U.S. Rep. Shri Thanedar appears on CBS Detroit's Michigan Matters and talks about the mental health crisis impacting the nation, the fallout of the war in Gaza and his re-election campaign.
Lisa Ford appears on CBS Detroit's Michigan Matters and talks about Michigan Central Station, which her husband, Bill Ford, Executive Chair of Ford Motor Co., decided to bring back to life in 2018.
We'll see below-average temperatures, breezy conditions, and partly cloudy skies today.
The Dearborn Heights City Council approved the budget for the upcoming fiscal year, avoiding a citywide shutdown on July 1.
This year marks the sixth year that the Detroit Golf Club hosted the Rocket Mortgage Classic, but the history of the course goes back much further than that.
Golfer Nick Bienz, who went viral for qualifying for the Rocket Mortgage Classic after drinking three beers, joined CBS News Detroit to talk about competing in the tournament.
The community said its final goodbyes to fallen Oakland County Sheriff Deputy Brad Reckling at Apostolic Church in Auburn Hills, where his visitation and funeral took place on Friday.