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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.
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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.
It's prime back-to-school shopping season. As inflation woes continue, families do everything they can to stock up on items to kick off the school year.
Rain or shine, people were ringing in the celebration on Friday at the annual event, which someone described to me as Detroit's Mardi Gras.
Prosecutors in Michigan have struck a deal with a pharmacist who is blamed for deaths from a national meningitis outbreak in 2012.
Heritage Collegiate Apparel, largely known as M Den, announced on Friday that it has filed for Chapter 11 bankruptcy, a day after closing its Novi location.
The city developed eight action areas, including improving shelter facilities, increasing shelter staff, expanding affordable housing, and reducing youth and veteran homelessness.
It's prime back-to-school shopping season. As inflation woes continue, families do everything they can to stock up on items to kick off the school year.
Stalions was on head coach Jim Harbaugh's staff until he resigned in November.
Rain or shine, people were ringing in the celebration on Friday at the annual event, which someone described to me as Detroit's Mardi Gras.
Prosecutors in Michigan have struck a deal with a pharmacist who is blamed for deaths from a national meningitis outbreak in 2012.
It has been 37 years since Northwest Airlines Flight 255 crashed after taking off from Detroit Metro Airport, marking the deadliest plane crash in Michigan's history.
The Biden administration announced that $50 million will go to Michigan, Ohio, Indiana, Kentucky, Tennessee and Illinois to boost electric vehicle production.
The union hosted a call Wednesday, during which members will hear what's at stake in November, the union's key issues, and how they're looking to win against the so-called "billionaire class."
"The Connect" is an autonomous shuttle service with 16 stops to help people get to or near their destination.
Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit.
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.
For many of these diehard car enthusiasts we spoke to Thursday, Saturday will be a rain-or-shine event. Their vehicles might say otherwise.
Taylor Swift's blockbuster "Eras Tour" resumed in London on Thursday after her concerts in Vienna were canceled earlier this month because of an alleged terror plot.
Gena Rowlands, hailed as one of the greatest actors to ever practice the craft, died at 94 on Wednesday, her representatives confirmed.
Robert Englund, the actor best known for playing Freddy Krueger in "A Nightmare on Elm Street," will attend Motor City Comic Con in November.
The family is demanding $3 million for Trump's use of "Hold On, I'm Coming" at his rallies.
Prosecutors in Michigan have struck a deal with a pharmacist who is blamed for deaths from a national meningitis outbreak in 2012.
Lisa Jeanine Findley, 53, faces federal charges of mail fraud and aggravated identity theft.
Many million-dollar properties are no longer considered luxury homes, with almost 1 in 10 U.S. houses costing at least that.
Should I freeze my credit? Here's what experts say, and how to stop bad actors from accessing your file.
NOAA forecasters say there's a 77% chance that 2024 will be the warmest year on record, after July marked the 14th consecutive monthly record.
Prosecutors in Michigan have struck a deal with a pharmacist who is blamed for deaths from a national meningitis outbreak in 2012.
WNV has been detected in several dozen mosquito pools and wild birds across the state.
It's nearly one month until the start of the fall season, and in Oakland County, the health office says to be careful as West Nile virus looms in mosquitoes.
Florida cucumber grower used untreated canal water found to be tainted with salmonella bacteria, laboratory tests found.
The Oakland County Health Division says WNV was detected in three birds and the county's mosquito pool in 2024
Detroit City FC continues their three-game road trip in Birmingham on Friday night against Eastern Conference rival Birmingham Legion FC.
Stalions was on head coach Jim Harbaugh's staff until he resigned in November.
Australia breaker Rachael Gunn, also known as B-Girl Raygun, said the "hate" she has received over her Paris Olympics performance has been "devastating."
Team USA's Jordan Chiles took to Instagram to open up about the loss of her bronze medal.
The "Frozen Confines: Big Ten Hockey Series" will feature a pair of doubleheaders on Jan. 3 and 4.
Michigan GOP Party Chair Pete Hoekstra and State Sen. Mallory McMorrow discuss the results of the primary and how the field of candidates still standing and their prospects look as Election 2024 enters the sprint to the finish line on Nov. 5 on CBS Detroit's Michigan Matters
Michigan's primary was held Tuesday, with numerous contests being voted on, including the open U.S. Senate seat, several Michigan U.S. House seats and much more.
The spotlight is on two successful Detroit family-owned businesses on CBS Detroit's Michigan Matters as leaders from PVS Chemicals and Sweet Potato Sensations talk about working for a family enterprise and the nuances.
With a red-hot election season on and 2024 past the halfway point, the focus is on business.
Gardner-White is a 112-year-old family-owned furniture retailer, and Stewart is the first female to serve as CEO of the company.
With back-to-school season comes the need to buy school supplies and new clothes. Experts say the cost of back to school shopping this year is near an all time high.
Heritage Collegiate Apparel, largely known as M Den, announced on Friday that it has filed for Chapter 11 bankruptcy, a day after closing its Novi location.
The Woodward Dream Cruise is set to kick off on Saturday. Rain or shine, people were ringing in the celebration on Friday ahead of the annual event, which someone described to me as Detroit's Mardi Gras.
The city of Detroit announced its five-year plan to reduce homelessness and create housing options. The city developed eight action areas, including improving shelter facilities, increasing shelter staff, expanding affordable housing, and reducing youth and veteran homelessness.
Friday marks 37 years since the deadliest plane crash in Michigan. Northwest Flight 255 went down just minutes after takeoff from Detroit Metro Airport crashing into I-94 in Romulus. More than 150 people were killed, and the sole survivor was pulled from the wreckage. We are taking a look back at how WKBD 50 covered that tragedy.