The Detroit News

On Friday, Michigan Gov. Gretchen Whitmer filed legal action to shut down the Line 5 pipeline that transports oil under the Straits of Mackinac. What Happened: Whitmer’s office notified the company it has 180 days and then the flow must stop, according to WOOD-TV. Michigan Attorney General...

Fiat Chrysler Automobiles NV (NYSE: FCAU) has agreed to pay a civil penalty of $9.5 million to settle U.S. Securities and Exchange Commission allegations of violating federal securities law by sharing misleading information with investors and stakeholders. What Happened: According to the...

President Donald Trump announced federal guidelines for the phased reopening of the economy on a state-by-state basis Thursday as the country faces a coronavirus pandemic and resulting economic numbers that are drawing comparisons to the Great Depression. The Trump administration’s...

At first, the coronavirus outbreak seemed to help Michigan’s fledgling cannabis industry. The spread of the virus and government restrictions inspired stockpiling. Pot sales surged across the state, leading to some of the busiest days shops have seen since opening. Profits peaked just...

Driverless cars may be the future, but Waymo will build them in a place synonymous with the nation’s automotive past. The autonomous vehicle company said Tuesday that it is looking for a factory in the Detroit area to outfit driverless cars with its technology following news that it’s...

In 2009, in the midst of the global financial crisis, after Daimler washed its hands of the bankrupt Chrysler and pulled out of the DaimlerChrysler joint venture — and as Cerberus was desperately trying to peddle its struggling asset — Fiat’s fearless leader stepped...

If a consumer wants to buy a particular item and a company wants to sell that particular item for an agreed upon price, shouldn't the transaction be permitted to occur? If the company in question is Tesla Motors Inc (NASDAQ: TSLA), then the answer appears to be a firm no. According to the Detroit...

Ahead of Walt Disney Co (NYSE: DIS)'s highly anticipated "Star Wars: The Force Awakens," Fiat Chrysler Automobiles NV (NYSE: FCAU) announced a new advertising campaign. Hoping to capitalize on the excitement surrounding the movie from both adult nostalgia and younger generation Jedi enthusiasts,...

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...

Fort Worth, Texas-based GM Financial, owned by General Motors (NYSE: GM), will start offering car loans to U.S. customers with prime credit this coming summer, according to The Detroit News. This is significant because GM Financial is known mostly for issuing auto loans to car buyers with less-...

Volkswagen (OTC: VLKPY) is planning to recall 82,227 vehicles sold in North America, The Detroit News reported. The models affected by the recall are the 2009-2011 Tiguan SUV and the 2014 Jetta hybrid. The two recalls are apparently unrelated, but they point to serious technical problems with some...

Automotive companies Ford (NYSE: F) and Toyota (NYSE: TM) are pulling workers and halting production on cars overseas. Ford is exploring the idea of layoffs and buyouts in troubled Europe, while Toyota is temporarily ending production in China throughout the next month or so. The Detroit News is...

After a summer of repeated recalls and increased sales, Ford (NYSE: F), General Motors (NYSE: GM) and Chrysler have been able to stand strong and pull out decent quarters. However, the automakers may have bigger issues in the autumn months, as strike preparations are underway in Canada that...

As the summer of recalls comes to a close, it would only be appropriate for Ford Motor Company (NYSE: F) to deliver one last request. The automaker has issued its third recall on the 2013 Ford Escape model as a defective, manually installed cup plug could cause coolant fires. According to The...

Auto giant General Motors (NYSE: GM) is in talks with the Canadian Auto Workers (CAW) after national contract negotiations began on Tuesday. CAW President Ken Lewenza commented on the discussion, which revolved around issues such as two-tier wages and profit-sharing as "frank." Back in July,...