City Detroit Financial News

Tesla Chief Financial Officer Zachary Kirkhorn has left the company after 13 years with the the electric vehicle and solar panel maker

WWE’s sponsorship revenue for SummerSlam rose 23% from a year ago to $7 million, the most for any event outside of WrestleMania

The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism about how realistic it is and whether it goes far enough

Logan Paul had little time to bask in his latest WWE victory. The YouTube sensation, known as 'The Maverick,' made his second appearance at SummerSlam and delivered a brutal knockout victory against Ricochet at the home of the Detroit Lions in Michigan.

Detroit Tigers' outfielder, Austin Meadows, has been facing challenges with anxiety, according to his manager, AJ Hinch. Despite the difficulties, Meadows has shown some improvement while focusing on his mental well-being. Hinch shared these details on Saturday. Meadows had participated in only six games this season before his placement on the injured list in April. Since then, he hasn't engaged in any baseball activities. Currently, he is on the 60-day injured list and has been located in Tampa, Florida. His return timeline remains uncertain, with no concrete plan in place. Hinch explained that Meadows has been undergoing treatment at home and has even sought help from various locations to aid his recovery. Progress has been made, although Meadows has also experienced tough times during this period. Hinch acknowledged the challenging journey Meadows has been on. Despite these setbacks, Meadows is still being encouraged to get back into the game. His previous year was marred by anxiety, along with other health issues like vertigo, Achilles tendinitis and COVID-19. In 2022, Meadows' appearances were limited to just 36 games, a result of these conditions and a trade that brought him from the Tampa Bay Rays. Meadows, drafted ninth overall by the Pittsburgh Pirates in 2013, has a baseball history spanning six major league seasons. Over the course of 417 games, he has managed 70 home runs and maintained a career batting average of .259.

Electric and hydrogen-powered heavy truck maker Nikola Corp. has named board Chairman Stephen Girsky as its new CEO

(Reuters) -Canada's Magna International (NYSE:MGA) on Friday raised its full-year profit and sales outlook after its quarterly results beat estimates on solid demand for parts, as automakers ramp up production.

Hyundai and Kia are telling the owners of nearly 92,000 vehicles in the U.S. to park them outside because an electronic controller in an oil pump can overheat and cause fires

The new president of the United Auto Workers says the union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week

Ford is resuming production of the F-150 Lightning electric pickup after closing a factory in Dearborn, Michigan, for six weeks to triple production capacity

U.S. auto safety regulators have opened another investigation into safety problems with Tesla vehicles

Ford is resuming production of the F-150 Lightning electric pickup after closing a factory in Dearborn, Michigan, for six weeks to triple production capacity

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

The Michigan Supreme Court is out with a decision that provides critical relief for thousands of people who were badly injured in car wrecks

The U.S. government wants to raise the fuel economy of new vehicles 18% by the 2032 model year so the fleet would average about 43.5 miles per gallon in real-world driving

Ford Motor Co.’s second-quarter profit more than tripled to $1.92 billion versus a year ago on stronger revenue and sales

The announcement Wednesday that seven automakers will build a large North American electric vehicle charging network should pull people off the sidelines to at least consider switching from gas-powered vehicles

thunderstorms wreaked havoc across southern Michigan, causing widespread damage and leaving a trail of destruction in their wake. The tempestuous weather struck on a fateful Wednesday, unleashing powerful winds that uprooted trees, snapped branches, and brought down power lines, leading to a significant disruption in electricity supply for more than 140,000 customers. DTE Energy, one of the major utilities in the region, bore the brunt of the storm's fury, reporting an alarming number of nearly 108,000 customers left without power by 5:40 p.m.

Justified: City Primeval,’ premiered last week on FX with a captivating double feature, showcasing the first two episodes of the highly-anticipated new season. Timothy Olyphant takes on the iconic role of Raylan Givens, a U.S. marshal from Kentucky, in this thrilling series set in Detroit.

General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago

By Paul Lienert and Joseph White