City Detroit Financial News

01.09 / 18:39
COST UPS Booking Tesla BMW Mercedes-Benz Deal Where to Find a Deal on Mercedes and BMW
It is hard to find a good deal on a German car these days. Most German car stocks, on the other hand, are selling for cents on the dollar. There are solid reasons for the discrepancy: weakening consumer sentiment, trouble in China, and the ever-mounting cost of catching up with Tesla in electric vehicles.
01.09 / 18:13
Facebook Target Ford CEO Tesla show Auto workers leader slams companies for slow bargaining, files labor complaint with government
The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands
01.09 / 02:01
Facebook Target Ford CEO Tesla show Auto workers leader slams companies for slow bargaining, files labor complaint with government
The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands
31.08 / 15:31
Highways RIO cover Inside Recall Kia Recall open Kia recall to fix trunk latch that won't open from the inside, which could leave people trapped
Kia is recalling about 320,000 cars in the U.S. to fix a problem that could stop the trunk from being opened from the inside
30.08 / 15:33
COST UPS Airlines FLEX Factbox-From UPS to Detroit Three automakers, US labor unions flex muscle
(Reuters) — A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.
30.08 / 13:27
FIVE CEO Software Parke Tesla Highways US regulators After Tesla relaxes monitoring of drivers using its Autopilot technology, US regulators seek answers
Tesla is letting some drivers use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. safety regulators
28.08 / 22:17
UPS Amazon Action Starbucks show As worker actions continue nationwide, White House highlights how administration is helping unions
As worker actions continue from Hollywood to Detroit, and new labor unions crop up nationally, the White House on Monday was highlighting its effort to bolster worker organizing throughout the U_S_ President Joe Biden is counting on critical labor supp...
27.08 / 22:13
UPS MET Ford cover UAW UAW votes overwhelmingly to authorize strike at Detroit Three automakers
By Joseph White, David Shepardson and Shivansh Tiwary
27.08 / 21:21
Ford Fighting UAW UAW workers ratify Ultium Cells wage agreement in Ohio
(Reuters) — The United Auto Workers (UAW) union at Ultium Cells, a joint venture of General Motors (NYSE:GM) and LG Energy Solution in Lordstown, Ohio, on Sunday said members voted in favor by 895 to 22 votes to ratify an interim agreement that immediately raises wages by $3 to $4 an hour.
25.08 / 22:49
Facebook COST Target Progressive Ford Fighting Auto workers vote overwhelmingly to let union leaders call strikes against Detroit companies
Auto workers have voted overwhelmingly to give union leaders the authority to call strikes against Detroit car companies if a contract agreement isn’t reached
25.08 / 13:53
FIVE Citizens Waters Ball Fox Highways track Power Great Lakes weather: 700K go without power, face destruction due to tornadoes, heavy rain, and flooding
Great Lakes area were slammed with tornadoes as fast as 75 mph on the night of Thursday, August 24, 2023. The effect of the tornadoes was such that over 700,000 people went without power. The area has been facing stormy weather since Wednesday, August 23. As the storm moved into the Northeast on Friday, August 25, there was already destruction and a power outage in the Great Lakes. Over 700,000 citizens had to go without power in the states of Michigan, Ohio, and Pennsylvania. Cleveland also reported a gust of 75 mph, and Detroit registered one of 70 mph.
25.08 / 02:01
Lowe's Ford Manufacturing country General Motors Joint Venture Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue
Unionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract
24.08 / 18:19
UPS FIVE show cover Journalism has seen a substantial rise in philanthropic spending over the past 5 years, a study says
A study points to a “substantial” increase in philanthropic funding for journalism over the past five years, particularly to outlets that serve poor and minority communities
24.08 / 00:53
COST Ford Parke show fun With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going well
With about three weeks until contracts expire with Detroit’s three automakers, the head of the United Auto Workers union says bargaining isn’t going well
21.08 / 22:47
COST UPS Lowe's FIVE Ford Chevrolet Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000
21.08 / 18:51
UPS CEO Strategy Metro awards show performer Stellantis Stellantis threatened to move RAM 1500 production to Mexico, union leader says
United Auto Workers (UAW) union Vice President, Rich Boyer revealed Sunday that Dodge-Chrysler parent Stellantis NV (NYSE:STLA) threatened to relocate production of their Ram 1500 pickup trucks from its location in metro Detroit to a facility in Mexico.

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