Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor performers.
Jack Cooper Transport Co. LLC is planning to lay off 89 employees and permanently close its plant in Wayne after losing a contract from longtime customer Ford Motor Co. The Kansas City-based car hauler, which operates across from Ford’s Michigan Assembly Plant, said the cuts will start Feb. 2, according to a WARN notice sent to the state.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
Representatives for the automaker and Dan Gilbert's real estate firm shared details of their latest plan to get some state funding assistance.
On one of the world’s biggest stages Sunday, the Rolex 24 Hours of Daytona sportscar race, Detroit dominated.
The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.
DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.
The first of the two side-by-side buildings is now expected to welcome its first office and retail tenants this summer.
The future that Bedrock and GM envisions for the iconic Renaissance Center also includes a park modeled off of Chicago's Millennium Park and the removal of the "Berlin Wall-like" structure that cuts off downtown from the riverwalk.
Both the automaker GM and the real estate developer Bedrock have big plans for the Renaissance Center, the jewel of Detroit's skyline. Officials from both companies outlined what they want to do to the site during the city's policy conference.
Manufacturers in China have found workarounds, and experts say that could be a lesson for U.S. policymakers. Export data released last week show EV exports from China to the European Union increased 8.3% year-over-year, a reversal of the approximately 40% and 25% plunges the measurement took in October and November, respectively.