City Detroit Financial News

17.02 / 04:05

FIVE Fighting Airlines Discover love Fishing travelers Delta flight forced to turn around after maggots rain down on passengers

Airline travel can be a nightmare on a good day, but when maggots start raining on you from the overhead compartment you know you’ve hit the bad travel jackpot.

16.02 / 14:33

Citi Tesla Highways wellness reports testing Traffic GM is nearly doubling the road miles where drivers can use its partially automated driving system

General Motors is adding about 350,000 miles, or about 563,000 kilometers, of roadways in the U

16.02 / 14:31

COST UPS Manufacturing CEO President Relationships International Ford CEO says company will rethink where it builds vehicles after last year's autoworkers strike

Ford's top executive says that last fall’s contentious United Auto Workers’ strike changed the company's relationship with the union to the point where it will “think carefully” about where it builds future vehicles

15.02 / 17:52

CEO GM looking at the best path to unlock value at Cruise, CEO Barra says

(Reuters) — General Motors (NYSE:GM) Chief Executive Mary Barra said on Thursday that the automaker was looking at the best path to unlock value at its self-driving unit Cruise.

15.02 / 06:48

COST UPS Reuters Stellantis operating profit down 10% in H2 due to N. America strikes

MILAN (Reuters) — Stellantis (NYSE:STLA) said on Thursday its operating profit fell 10% in the second half of last year when six-week strikes at the 'Detroit Three' automakers caused long stoppages at the group's operations in North America, its profit powerhouse.

13.02 / 07:09

UPS Career Apple Software President cover GM's Cruise robotaxi unit hires veteran Ford and Apple official to be its safety chief after crash

Cruise, the troubled General Motors autonomous vehicle unit, has hired a veteran automotive and technology company safety official for the critical position of chief safety officer

12.02 / 06:55

UPS Reuters CEO Fighting wellness War country Stellantis uses surplus plants in Europe as leverage in a fight with Rome

By Giulio Piovaccari and Nick Carey

11.02 / 06:31

COST Manufacturing community shooting 2020 Schools This small New York village made guns for 200 years. What happens when Remington leaves?

Workers have turned out hunting rifles, shotguns, carbines, revolvers and more at the Remington plant in upstate New York for about two centuries

09.02 / 14:58

COST UPS Provident country reports Car insurance rates in 2024 jump 26% across the US, report says

'Barron's Roundtable' panel provides insight on the increased pressure on consumers.

06.02 / 13:05

COST Highways wellness Odyssey cover 2020 Traffic Honda is recalling more than 750,000 vehicles to fix faulty passenger seat air bag sensor

Honda is recalling over 750,000 vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they're not supposed to

30.01 / 07:11

markets Hyundai Research Chevrolet show rights International Dealers to GM: We Want Hybrids

Some influential dealers are pressing General Motors to introduce hybrid models, worried they risk losing customers who aren’t ready to make the switch to fully electric cars. Dealers who serve on advisory committees to the automaker have urged executives in several recent meetings to add hybrids to GM’s lineup, according to people involved in the discussions. GM has focused on fully electric cars in recent years and largely bypassed hybrids, which pair an internal combustion engine with a small battery and electric motor to boost fuel efficiency.

27.01 / 04:15

Target security Justice reports Department Videos Investigations GM's Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collision

General Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions

27.01 / 04:15

Provident Highways cover 2020 reports Traffic Investigations NOT US regulators US regulators close investigation into Ford Escape door latches and will not seek a recall

U.S. auto safety regulators have closed an investigation into complaints that the doors on some Ford Escapes can open while the SUVs are being driven, without seeking a recall

25.01 / 14:26

markets Target CEO Hyundai Daimler testing Honda, GM fuel cell venture launches commercial production

By Joseph White

24.01 / 23:26

Aware security Highways cover reports Traffic Investigations Ford to recall nearly 1.9 million Explorer SUVs to secure trim that can fly off

Ford is recalling nearly 1.9 million Explorer SUVs in the U.S. because a trim piece can fly off and create a hazard for other drivers

24.01 / 23:25

Target wellness Trade War reports Department 2 US-flagged ships with cargo for US Defense Department come under attack by Yemen's Houthi rebels

Officials say that two U.S.-flagged ships carrying cargo for the Defense and State departments have come under attack off Yemen

24.01 / 23:25

markets UPS Provident Tesla Trade reports analyst Tesla 4Q earnings fall short of analyst estimates as company warns of lower sales growth this year

Tesla’s net income more than doubled last quarter due to a one-time tax benefit, even as electric vehicle price cuts and slowing sales growth cut into its profits

24.01 / 22:02

Ford sees $1.7 billion hit to fourth-quarter results

(Reuters) -Ford Motor said on Wednesday it expects to record a pre-tax remeasurement loss of about $1.7 billion, related to its employees pension and other post-retirement benefits, in its fourth-quarter results.

24.01 / 20:15

Aware Gap Highways information reports Traffic Investigations Ford recalls over 2M Explorer SUVs worldwide

Detroit automaker, Ford (NYSE:F) announced Wednesday that the company is recalling 2.24 million Ford Explorer SUVs worldwide made between 2011-2019 due to potential issues with trim retention clips not being properly engaged.

24.01 / 05:57

UPS Citi Election President students Universities show Biden to speak at United Auto Workers conference as he woos blue-collar vote in battleground states

President Joe Biden will be the keynote speaker at a United Auto Workers’ political convention as he works to sway blue-collar workers his way in critical auto-making swing states such as Michigan and Wisconsin

24.01 / 05:43

markets COST Target CEO Platform Tesla wellness Exclusive-Tesla plans to build new electric vehicles in mid-2025 -sources

By Hyunjoo Jin and Joseph White

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