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Detroit Auto Industry

We Are All Detroit

Robert Kuttner | Posted 10.11.2013 | Politics
Robert Kuttner

Do you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again. Detroit is partly the victim of economic trends far beyond its control, the downsizing and outsourcing of the auto industry and the collapse of the sub-prime bubble, to name just two. And yes, the city has suffered from corrupt and inept local government. But leaving Detroit to a bankruptcy process that favors investment bankers over local pensioners will neither provide a fair outcome nor contain the damage. It is a travesty that the federal government and the Michigan state government are not sending Detroit a lifeline. Other cities and states stand to lose both public services and pension benefits as this trend spreads. Chicago, which just suffered three levels of bond-downgrading, looks to be next.

The Fall Of Detroit

AP | SHARON COHEN | Posted 07.22.2013 | Detroit

-- Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bri...

Grand Blvd: Why I Bought a Cadillac

David Kiley | Posted 08.03.2013 | Detroit
David Kiley

Cadillac for me is about a proposition about America that I am admittedly sentimental about. It is for the independent thinker who roots for the best ideas, not a political party. Cadillac is what drives the American Spirit.

GM To Spend $500 Million On Employee Bonuses, Profit-sharing

AP | By TOM KRISHER | Posted 02.29.2012 | Detroit

DETROIT -- General Motors is likely to spend more than $500 million on employee bonuses and profit-sharing based on the company's performance last yea...

Detroit Is America's Heartbeat

Daniel Cherrin | Posted 04.09.2012 | Detroit
Daniel Cherrin

A lot has been said about Chrysler's Super Bowl ad, featuring Clint Eastwood and Detroit. While the pundits talk about whether or not it was a campaign commercial, let me tell you what Detroiters really think about it.

Would This Ad Make You Buy A Chevy?

Posted 01.21.2012 | Detroit

The Super Bowl isn't until Feb. 5, but the barrage of commentary has already begun -- for the commercials. Chevrolet tried a new tactic to get som...

House Subcommittee Wants To Hear About Those Volt Fires

AP | Posted 01.19.2012 | Detroit

DETROIT -- General Motors CEO Dan Akerson has agreed to testify before a U.S. House subcommittee about battery fires in Chevrolet Volt electric cars. ...

Why Chrysler's Turbine Car Was The Coolest Car To Come Out Of Detroit (PHOTOS)

Steve Lehto | Posted 05.25.2011 | Books
Steve Lehto

After World War II, Chrysler spent a couple decades and a boatload of money developing turbine powered cars. At one point, they built a fleet of them -- more than 50, and they were all the same color!

UPDATED: GM Dealerships Closing, SEE THE LIST, INTERACTIVE MAP

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

The list of the more than 1,000 dealerships that GM plans to close has begun to trickle in. On Friday, GM dealerships across the country began receivi...

GM Losers: 30 Shareholders That Could Get Hurt By Bankruptcy

usnews.com | Rick Newman | Posted 05.25.2011 | Business

If General Motors declares bankruptcy, some of its investors--including bondholders, other secured lenders, and the U.S. government--are likely to get...

Chrysler, GM Closures: 10 Ways To Get Huge Deals

Wall Street Journal | BRETT ARENDS | Posted 05.25.2011 | Business

Chrysler and General Motors last week said they were closing nearly 2,000 dealerships across the country as part of their restructuring plans. And tha...

Five Mistakes by DC and Detroit Hurt Detroit Three's Survival Shances

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.

The Rise of Environmental Superpowers

Jeff Schweitzer | Posted 05.25.2011 | Green
Jeff Schweitzer

The 21st century belongs to the country that masters green technologies and renewable energy.

Detroit's June Car Sales Set For Worst Showing Since 1990s

Financial Times | John Reed | Posted 05.25.2011 | Business

June car sales data, due out on Tuesday, are expected to show the US auto market heading for its worst year in more than a decade. The figures could ...