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.
But more than money to pay for demolition, the most important ingredient in today’s debate is imagination. Detroiters need to envision what we want and need along our central waterfront, now that the RenCen is close to 90% empty.
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.
The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.
Plans revealed for the Renaissance Center in Detroit focus on accessibility, mixed housing, and a family-friendly destination.
Ford Motor Co. and General Motors Co. each donated $1 million and fleets of vehicles to President Donald Trump’s inauguration. It might not have been enough for a president that craves cash and adoration.
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.
Aptiv, renamed from Delphi Automotive Systems in 2017, was itself spun out as an independent parts supplier from General Motors Co. in 1999 and has the bulk of its $20 billion in annual revenue tied to automotive. That can sting when customers underperform.
General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.
Dan Gilbert’s Bedrock LLC is looking to better connect the Detroit People Mover with future Hudson’s Detroit visitors. On Wednesday, the Downtown Development Authority approved a matching $50,000 grant to fund a design study to assess the most effective way for people to navigate between Hudson's Detroit and the nearby People Mover station at Cadillac Center.
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.
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."