Top News & Analysis Detroit

  • WASHINGTON, Sept 20- Two major Democratic presidential candidates plan to visit striking General Motors workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week. Senator Elizabeth Warren will join workers on the picket line outside GM's Detroit- Hamtramck plant on Sunday, while Senator Bernie Sanders will do...

  • WASHINGTON, Sept 19- Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday pledged to make the largest U.S. e-commerce company net carbon neutral by 2040 and to buy 100,000 electric delivery vans from a start-up, as employees and consumers around the world plan protests to address climate change. Bezos announced a number of actions at a press...

  • WASHINGTON, Sept 19- Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the online retailer to being carbon neutral by 2040 and said it would order 100,000 electric delivery vehicles as part of that pledge. Bezos announced a number of actions at a press conference in Washington ahead of Climate Week in New York next week, a global gathering...

  • WASHINGTON, Sept 19- The Trump administration said on Thursday it is revoking California's authority to set its own auto tailpipe emissions standards and to require some zero-emission vehicles- a decision that will spark a massive legal battle over the future of U.S. vehicles and the most populous state's regulatory role. Currently, California's more...

  • President Donald Trump and the state of California went to war on Wednesday over who should set the standards in the United States for vehicle emissions and electric cars, foreshadowing a legal battle over environmental policy issues that will affect the auto industry and consumers. Trump tweeted that vehicles would be "far less expensive" and "substantially...

  • BOWLING GREEN, Ky., Sept 17- General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. In Bowling Green, Kentucky, they blocked the three entrances to the assembly plant, which normally builds the Chevrolet Corvette. Salina Alexander, who works in the...

  • BOWLING GREEN, Ky., Sept 17- General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. In Bowling Green, Kentucky, they blocked the three entrances to the assembly plant, which normally builds the Chevrolet Corvette. Salina Alexander, who works in the...

  • About 48,000 members of the United Auto Workers union went on strike early Monday as contract talks with General Motors broke down. CNBC's Phil LeBeau reports the latest from Detroit.

  • DETROIT, Sept 17- Self-driving truck startup TuSimple said on Tuesday it raised an additional $120 million from investors to be used to expand long-haul services for truck fleets and jointly develop an autonomous commercial vehicle with truck makers and suppliers. The company's new investors include Chinese alternative investment firm CDH Investments,...

  • DETROIT, Sept 16- A new family of electric vehicles, an all-electric pickup truck and an advanced battery system could draw much of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers. Much of that investment is likely earmarked for the production of electric vehicles at two...

  • UAW members on strike outside a GM plant in Flint Michigan on Sept. 16th, 2019.

    About 48,000 United Auto Workers members went on strike against General Motors today. The strike was the first in 12 years, as workers asked to share in the company's success.

  • FLINT, Mich./ DETROIT, Sept 16- Willie Elzy has been readying for a possible strike against General Motors Co for months and, pointing to a parking lot full of freshly built pickup trucks, he says it's clear the automaker has been preparing too. At midnight around 48,000 U.S. hourly workers at GM represented by the United Auto Workers headed for the picket lines after...

  • *Lost production could cost GM up to $50 million a day. DETROIT, Sept 16- Negotiators for General Motors Co and the United Auto Workers resumed talks Monday at 10 a.m. EDT to resolve a strike that shut down the automaker's highly profitable U.S. operations. Lost production could cost GM as much as $40 million to $50 million a day, RBC Capital Markets estimated in a note...

  • *Lost production could cost GM up to $50 million a day. DETROIT, Sept 16- Negotiators for General Motors Co and the United Auto Workers are scheduled to restart bargaining Monday to resolve a strike that shut down the automaker's highly profitable U.S. operations. Lost production could cost GM as much as $40 million to $50 million a day, RBC Capital Markets...

  • DETROIT, Sept 16- Negotiators for General Motors Co and the United Auto Workers are scheduled to restart bargaining Monday to resolve a strike that shut down the automaker's highly profitable U.S. operations. During the walkout, UAW members will get $250 a week from the union's strike fund. GM spokesman Tony Cervone said the automaker "couldn't agree more" with...

  • About 48,000 members of the United Auto Workers union went on strike early Monday as contract talks with General Motors broke down. Bob Lutz, former GM vice chair, joins "Squawk Box" to discuss.

  • About 48,000 members of the United Auto Workers union went on strike early Monday as contract talks with General Motors broke down. CNBC's Phil LeBeau reports from Detroit.

  • DETROIT/ WASHINGTON, Sept 15- The United Auto Workers went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the union's relationship with GM, said at a...

  • DETROIT/ WASHINGTON, Sept 15- The United Auto Workers said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight on Sunday after U.S. labor contract talks reached an impasse, the first nationwide strike at GM in 12 years. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the...

  • DETROIT, Sept 15- The United Auto Workers said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight Sunday after U.S. labor contract talks reached an impasse, the first nationwide strike at GM in 12 years. "We do not take this lightly," Terry Dittes, the UAW vice president in charge of the union's...