Stellantis reports 27% plunge in 3Q revenues as it cleans up U.S. inventories
Shipments dropped by 20% to 1.2 million vehicles in the third quarter from 1.5 million a year earlier.
Watch CBS News
Shipments dropped by 20% to 1.2 million vehicles in the third quarter from 1.5 million a year earlier.
Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday.
Jeep is recalling more than 194,000 plug-in hybrid SUVs worldwide because they can catch fire with the ignition turned off.
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.
Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere after reporting a plunge in first-half earnings.
Employees of the company tasked with rapidly personalizing jerseys for each first-round NFL draft pick as they are announced don't need to travel very far for this year's player selections in Detroit.
Automaker Stellantis on Thursday reported a 13% decrease in net profits in the second half of 2023 due to the impact of strikes in North America, its profit center, as it heads into a year it expects to be "turbulent."
A musical adaptation of "The Color Purple" and the Olympic drama "The Boys in the Boat" are among the new movies arriving Christmas Day.
Also unprecedented was the speed at which Swift's Eras Tour had surpassed a billion in sales — a mere eight months.
The Biden administration has proposed new rules that could make it harder for electric vehicles to qualify for a full $7,500 federal tax credit.
A partial lunar eclipse will take over the night sky on Saturday for a dazzling show that will allow sky-gazers to see part of Earth's shadow reflected on the moon.
Ford says the great-great-granddaughter and great-great-grandson of founder Henry Ford would be taking on leadership roles in the company.
Seven major automakers say they're joining forces to build a North American electric vehicle charging network that would rival Tesla's and nearly double the number of fast-charging plugs in the U.S. and Canada.
Stellantis says it will build a second U.S. electric vehicle battery factory in a joint venture with Samsung.
Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they're being driven.
Starting next year, owners of electric vehicles made by General Motors and Ford will be able to charge their EVs at many of Tesla's charging stations, the largest such network in the country.
The first six weeks of Canada's 2023 wildfire season put it on track to be its most destructive in history.
An anonymous tip about a threat prompted the Southfield Public School District to cancel classes at one of its schools on Friday.
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.
The board, comprised of two Republicans and two Democrats, voted unanimously on Friday to certify the results in all 83 counties.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
An anonymous tip about a threat prompted the Southfield Public School District to cancel classes at one of its schools on Friday.
At least 32 officers' licenses are being investigated, according to MCOLES.
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.
Chloe and Helena Bennett were inside their Orion Township condo when it exploded Tuesday night.
The board, comprised of two Republicans and two Democrats, voted unanimously on Friday to certify the results in all 83 counties.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
The Universal Service Fund was created by Congress in 1996.
Trump loyalist Rep. Matt Gaetz is out of a job for now, but his political future may not be over.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders 2-1.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Detroit's Tarik Skubal wins the AL Cy Young Award after leading the Tigers to its first playoff in a decade.
Hinch, a 50-year-old in his fourth season leading the Tigers, made the playoffs with a torrid second half despite losing quality players like right-hander Jack Flaherty at the July 30 trade deadline.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Our weekend remains a little mild before cold air rushes in after Thanksgiving.
Residents in Romulus are getting a taste of Sheetz' planned expansion across the state of Michigan.
A Warren police officer has been charged in connection with a deadly crash that killed two men on Sept. 30, according to the Macomb County Sheriff's Office.
Detroit Lions players have given back to the community in the past. On Friday, D.J. Reader gave out over 200 meals ahead of Thanksgiving.
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.