Detroit

The UAW wants those plants to be unionized to assure jobs and top wages for workers who will be displaced by the industry’s ongoing transition to electric vehicles.

The Detroit of Asia now wants a shot at EVs

That position earned Thailand the moniker “the Detroit of Asia,” and with it came a comprehensive supply chain to feed the production of traditional internal combustion engines.

TikTok star arrested after Nike shoes seen in videos linked to robbery spree

Chozen Terrell-Hannah, who wears a pair of white Nike sneakers in his videos, reportedly has over 1.49 lakh followers and 1.6 million likes on TikTok.

US rescue group gets 800 parakeets in 'unexpected Christmas gift'

The Detroit Animal Welfare Group, based in the northern state of Michigan, posted on Facebook about a "Christmas present we were not expecting".

Detroit becomes 'Jeep City' with first new auto plant in 30 years

The Grand Cherokee L vehicles on the assembly line are the first of a new generation of Jeep's best-selling model line, aimed at expanding the brand's sales to customers who want an SUV with three rows of seats.

General Motors plans to scale back production at Detroit assembly plant

GM said in a statement that effective October 20 its Detroit-Hamtramck plant "will operate under a reduced production schedule."

Tesla becomes most valuable US car maker, edges out GM

Silicon Valley's Tesla Inc overtook General Motors on Monday to become the US car maker with the largest market capitalisation as the century-old automobile industry increases its reliance on software and cutting-edge energy technology.

US truck, SUV sales stay strong in February, but at a price

Demand for cars, sport utility vehicles and pickup trucks in February dipped to an annualised pace of 17.6 million vehicles, compared with a robust 17.7 million a year earlier, according to Autodata Corp.

GM, Honda team up to develop advanced hydrogen fuel cells

The companies expect to begin production of the system in 2020 at a GM battery-pack facility outside Detroit, creating about 100 new jobs.

Canada auto parts giant Magna expanding in China, India

Jim Tobin, Magna's chief marketing officer, said yesterday that Magna plans to build nine new plants in China. Four of them will open this year and five more are scheduled over the next two years.

Donald Trump unveils economic policy; offers tax sops

Announcing his tax reforms Trump said his policies would benefit working families while ensuring the wealthy pay their fair share, dramatically cut taxes for everyone and streamline deductions, presenting the biggest tax reform since Reagan.

US govt to announce vehicle safety agreement with automakers

The accord could set the framework for further discussions on safety reforms and mark a new era of cooperation between automakers and regulators after a record-setting year of safety fines, recalls and investigations into malfunctioning vehicles made by General Motors Co, Fiat Chrysler Automobiles NV, Honda Motor Co and others.

Ford in experimental stage; exploring self-driving technology

Ford Chief Executive Mark Fields, in a separate interview, also said the automaker is exploring various options to boost its move into car-sharing, self-driving technology and services built on staying connected with customers during the 900 or so hours a year they are behind the wheel.

BMW reports record sales in 2015, but sees slowdown in China

A total of 2.247 million BMW, MINI and Rolls-Royce vehicles were delivered to customers around the world last year, an increase of 6.1 percent on the previous year, the statement said

VW to unveil electric SUV to win back US buyers post scandal

The car will be a plug-in hybrid version of the Tiguan, the German automaker's top-selling sport-utility vehicle (SUV), the two sources told Reuters.

VW chief to meet with top US environmental regulator

Matthias Mueller will see Environmental Protection Agency Administrator Gina McCarthy on January 13 at the request of VW, an EPA spokeswoman said. The meeting will follow an appearance by Mueller at the Detroit auto show Sunday night, his first trip to the United States since the scandal broke in September.

Car production halt in flood-hit TN may hit sales, exports

Carmakers such as Renault, Nissan Motor, Hyundai Motor and component maker Apollo Tyres will decide on Saturday whether to resume production, whereas BMW will keep a plant closed until December 7, as heavy rains inundate the city's streets limiting movement.

GM to sell Chinese-made cars in the US: Report

GM, the top US automaker, will introduce the Buick Envision, a midsize sport-utility vehicle made in Shandong province, the Journal said, citing unidentified people familiar with the plan.

GM will build Chevy Bolt in Michigan in late 2016: Sources

General Motors Co plans to begin building the Chevrolet Bolt, its all-new USD 30,000 electric car, in October 2016 at an underused small-car plant north of Detroit, two supplier sources said.

Even when jobs return, Detroit workers fall short on skills

The decline of manufacturing jobs, above all in the automotive industry, has played a major role in the slide of the Motor City's population to 700,000 from a peak of 1.8 million in the 1950s.

Lessons for Europe in Detroit bankruptcy

Depending on how Detroit emerges, it could help reshape the debate on fiscal austerity and the case for debt restructurings to jump-start local economies, including in Europe.

Fight over Detroit bankruptcy begins in federal court

Attorneys for Kevyn Orr, a corporate bankruptcy lawyer tapped by Michigan officials in March as Detroit's emergency manager, want US Bankruptcy Judge Steven Rhodes to put on hold a flurry of lawsuits claiming the Chapter 9 bankruptcy filing violates the state constitution

Detroit's downtown renaissance creates trickle of hope

Amid the ruins of a city that has lost nearly two-thirds of its population since the peak of 1.8 million in 1950, a younger generation with no recollection of Detroit's glory days is settling into condos and lofts in the downtown and midtown areas. Here, say local optimists, lies potential hope

Detroit filing sends benefits' warning to other cities

In particular, cities like Chicago and Santa Fe, New Mexico, have worryingly high pension liabilities compared to revenue, investors and analysts say.

Overweight on US, EM equities unattractive: UBS

Stephane Deo, UBS expects US stocks to continue to rally at slower pace than earlier. However, he does not find emerging market equities attractive.