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Detroit Automakers

GM CEO Fritz Henderson To Resign: AP Source (BREAKING)

AP | TOM KRISHER and KEN THOMAS | Posted 12.02.2009 | Business

Read More: Detroit Automakers, Fritz Henderson, Rick Wagoner, Gm, Associated Press, General Motors CEO Resigns, Inewsroom, John Gapper, Edward Whitacre, Business News

DETROIT — GM's board and CEO Fritz Henderson parted ways Tuesday, the board upset that the automaker was changing too slowly and Henderson frust...

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Reihan Salam: U.S. Economy Could Parallel Michigan's Decline

forbes.com | Reihan Salam, | Posted 11.30.2009 | Business

Read More: Detroit Automakers, New York Economy, Mayor Bloomberg, Economy, Detroit, Nevada, Florida, Arizona, Michigan, Michigan Economy, Business News

Just as the roughly $3 trillion spent on the former East Germany didn't stave off economic collapse, federal bailouts won't bring back Detroit. As Mic...

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Hell No! We Won't Send Our Tax Dollars to China

Leo W. Gerard | Posted 11.06.2009 | World

Read More: Keith Bradsher, European Union Chamber of Commerce, A-Power Energy Generation Systems, Washington D.C., U.S. Renewable Energy Group, Cielo Wind Power, Buy China, China, Manufacturing Policy, American Recovery and Reinvestment Act, Jorg Wuttke, Japan, Wind Turbine, Off-Shored, West Texas, South Korea, Buy American, Detroit Automakers, New York Times, Stimulus Act, Industrial Policy, Stimulus Bill, Shenyang, World News
Leo W. Gerard

China doesn't consider America first or the remainder of the world first. And that's what the USA must do. We need an industrial policy that makes no apologies for putting America and American workers first.

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Ford Posts $1B Profit In Third Quarter, Forecasts A "Solidly Profitable" 2011

AP | DEE-ANN DURBIN and TOM KRISHER | Posted 11.02.2009 | Business

Read More: Car Sales, Automakers, Detroit Automakers, Cash for Clunkers, Cars, Dearborn, Ford, Auto Industry, Business News

DEARBORN, Mich. — One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two yea...

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Detroit Housing Auction Fails To Move Properties

Yahoo! News | Kevin Krolicki | Posted 10.26.2009 | Business

Read More: Detroit, Detroit Automakers, Financial Crisis, Housing Market, Foreclosure, Housing Crisis, Business News

On the auction block in Detroit: almost 9,000 homes and lots in various states of abandonment and decay from the tidy owner-occupied to the burned-out...

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Steven Rattner: GM Had "Stunningly Poor Management"

Posted 10.21.2009 | Business

Read More: Detroit Automakers, Car Czar, General Motors, Steven Rattner, Rick Wagoner, Quandrangle Partners, Business News

Steven Rattner, the ex "car czar" who helped organize the bailout of the Detroit automakers earlier this year, has begun to speak out about his experi...

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Jason Linkins

Getting The Detroit Story Right

HuffingtonPost.com | Jason Linkins | Posted 11.29.2009 | Media

Read More: Detroit Automakers, Unemployment, Time Magazine, Economic Crisis, Detroit, Media News, Media Criticism, Detroit-Michigan, Poverty, Financial Crisis, Thomas Morton, Dale Maharidge, Media News

My recent interview with Dale Maharidge provided the occasion to bring up one of my favorite recent pieces of downturn-era media criticism, Vice Magazine's "Something Something Something Detroit", in which Thomas Morton described how the recession had sparked a "gold rush mentality" among journalists, looking to document some desolation on the cheap.

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GM Recalls About 2,400 Workers

AP | TOM KRISHER | Posted 11.22.2009 | Business

Read More: Detroit Automakers, General Motors, Gm, Detroit, GM Recalls Workers, GM Facotry Kansas, GM Michigan, Business News

DETROIT — General Motors Co. will go to 24-hour operations at factories in Kansas, Michigan and Indiana to handle an expected increase in demand and...

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The Future Of Car Buying: Small Cars Are Now American Favorites

Associated Press | Tom Krisher, AP Auto Writer | Posted 11.10.2009 | Business

Read More: Detroit Automakers, Small Cars, Car-Buying Habits, Business News

ANN ARBOR, Mich. (AP) -- Big cars and trucks are out. Smaller ones that offer more for your dollar are in. And many drivers will hang onto the new car...

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Jason Linkins

Detroit Overrun With Lazy Journalists Looking For Trite Depictions Of Poverty

HuffingtonPost.com | Jason Linkins | Posted 09.28.2009 | Media

Read More: Detroit-Michigan, Detroit Automakers, Unemployment, Poverty, Economic Crisis, Media Criticism, Detroit, Financial Crisis, Media News

Detroit. If you are like most Americans, you haz a sad about Detroit. You ponder Detroit and you think of the hard times that have befallen the auto...

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Electric Cars

Jeff Danziger | Posted 09.21.2009 | Comedy

Read More: Detroit Automakers, Political Cart' Electric Cars, Cartoon, Comedy News
Jeff Danziger

Jeff Danziger takes on Detroit.

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10 Cars That Show Hope For Detroit

Popular Mechanics | Posted 07.26.2009 | Green

Read More: Detroit Automakers, Cars, Fuel Efficient Vehicles, General Motors, Japanese Cars, Fuel-Efficient Cars, Fuel Efficiency, Hybrid, Detroit, Ford, Green News

If the proverbial light at the end of the tunnel is still dim, many of the recent domestic products have given us hope that these companies will shin...

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Everything Old Is New Again -- Even Electric Cars

Kate Kelly | Posted 07.17.2009 | Business

Read More: Harold Evans, Detroit Automakers, Detroit, Thomas Edison, Christopher Gray, Henry Ford, Electric Cars, Business News
Kate Kelly

Electric cars are not new; they were first used 100 years ago, the preferred vehicle for both women and doctors.

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Auto-psy

Richard Stuebi | Posted 06.29.2009 | Business

Read More: General Motors, Big Oil, Auto Industry, Detroit Automakers, General Motors Bankruptcy, Toyota Motor Corp, Car-Manufacturers, Cars, American Idol, Business News
Richard Stuebi

Even though American cars have improved dramatically, imported cars seized the opportunity of the 1970's and have consistently stolen market share for decades.

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U.S. Government Expected To Own 70% Of GM

nytimes.com | MICHELINE MAYNARD | Posted 06.26.2009 | Business

Read More: Chapter 11, Detroit Automakers, Uaw, General Motors, GM Bankruptcy, United Auto Workers, Obama Administration, Detroit Bailout, Business News

DETROIT -- The government will hold a large share of a restructured General Motors after the company emerges from bankruptcy protection, and will prov...

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GM Bankruptcy Deadline Nears

Yahoo! Finance | Emily Fredrix | Posted 06.26.2009 | Business

Read More: Gm, General Motors Bankruptcy, General Motors, Detroit Automakers, Financial Crisis, Detroit Bailout, Recession, Business News

MILWAUKEE (AP) -- The clock is ticking on a June 1 deadline for General Motors Corp. to restructure, and this make-or-break week is expected to bring ...

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GM Workers Struggle To Hold On To Jobs

nytimes.com | BILL VLASIC and NICK BUNKLEY | Posted 06.21.2009 | Business

Read More: Detroit Automakers, General Motors, Gm, United Auto Workers, Flint North, United Auto Workers Union, Detroit Three, Detroit Bailout, Flint MIchigan, Business News

Since 2006, G.M. has persuaded 60,000 of its hourly employees -- half of its union work force in the United States -- to take cash buyouts and give up...

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Treasury To Lend GMAC At Least $7 Billion More

AP | Posted 06.21.2009 | Business

Read More: Tarp, Detroit Automakers, Auto Bailout, Treasury Department, Chrysler, General Motors, Gm, Auto Loan, Timothy Geithner, Gmac, Detroit Bailout, Business News

NEW YORK — The Treasury Department is set to inject billions more dollars into GMAC Financial Services, according to media reports. The Wall Stre...

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GM is Doomed

Sheldon Filger | Posted 06.20.2009 | Business

Read More: Auto Industry, Auto Bailout, General Motors, Chrysler, Economic Crisis, Detroit Automakers, GM Bankruptcy, Gm, Financial Crisis, Ford, Detroit-Michigan, Business News
Sheldon Filger

Policymakers apparently prefer having companies exist that engineer exotic financial derivatives than a manufactured product that is assembled by a skilled, well-compensated workforce.

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10 Cars That Sunk Detroit (SLIDESHOW)

minyanville.com | Scott Reeves | Posted 06.11.2009 | Business

Read More: Automakers, Detroit Automakers, Auto Bailout, Automaker Bailout, Detroit Three, Detroit, Cars, Auto Industry, Detroit Bailout, Business News

Today's topic: All-American mutts - not the four-legged variety, but the clunkers that killed Detroit. Yup, Detroit's sheer incompetence in design,...

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Grand Theft Automaker

Stuart Whatley | Posted 05.31.2009 | Business

Read More: Geithner, Bondholders, General Motors Bailout, Detroit Automakers, GM Bankruptcy, Gm Bondholder, Economy, Steven Rattner, Ppip, Gm, Business, GM Bailout, Automakers, General Motors, Gm Bondholders, Hedge Funds, Gm Chapter 11, Obama Gm, Pension Funds, White House Auto Task Force, Auto Task Force, Rick Wagoner, Detroit, Rick Wagoner Fired, Wall Street, Business News
Stuart Whatley

Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.

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Is the U.S. Auto Industry Doomed?

Sheldon Filger | Posted 05.04.2009 | Business

Read More: Detroit Automakers, General Motors, Chrysler Bailout, Automaker Bailout, Future of General Motors, G.M., Chrysler, u.s. Auto Industry, Business News
Sheldon Filger

At most, the Obama plan for preserving a domestic US auto industry may preserve fragments and echoes of what was once the mightiest industrial productive capacity on the planet.

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AIG v. Detroit - Renegotiating Contracts

Steve Parker | Posted 04.18.2009 | Business

Read More: Congress, Boeing, Rick Wagoner, United Auto Workers, Barney Frank, Cars, Job Bank, Harvard, Aig, Wwwtalkradioonecom, General Motors, Dodge Challenger, Fiat, Sema, Bob Nardelli, Allstate, Tarp, Elijah Cummings, 2010 Chevrolet Camaro, Alan Mulally, Detroit Three, Dearborn, Washington DC, Ford Motor Co, Las Vegas, Detroit Automakers, Chrysler, Chrysler Jeep, Wharton, Ron Gettelfinger, Yale University, Ford Mustang, Uaw, Edward Liddy, Business News
Steve Parker

Congress could throw hundreds of billions at GM, Ford and Chrysler -- but how could the results be any different from what we see now?'

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GM CEO: Bankruptcy Would Cause Liquidation

AP | TOM KRISHER | Posted 04.17.2009 | Business

Read More: Detroit Automakers, General Motors, Gm, GM Bankruptcy, Business News

DETROIT — If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long ba...

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Detroit's White Collar Workers: Some Worse Off Than Blue Collar Colleagues

New York Times | BILL VLASIC and NICK BUNKLEY | Posted 03.20.2009 | Business

Read More: Detroit Automakers, Detroit, Auto Bailout, Auto Workers, Detroit Workers, Detroit Bailout, Detroit White Collar, Business News

DETROIT -- For all the ups and downs, and more downs, that white-collar workers here have lived through, they have always managed to put on a brave fa...

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