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GM investing $1 billion in Detroit R&D centre
2015-05-15 18:34:01| Canadian Plastics Headlines
In a bid to boost innovation, General Motors Co. has announced plans to invest US$1 billion on a three-year construction and renovation project at its Detroit-area Warren Technical Center. Among the new construction at the automakers sprawling Warren Technical Center… The post GM investing $1 billion in Detroit R&D centre appeared first on Canadian Plastics.
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Roger Penske explores opening auto racing museum in Detroit
2015-05-06 14:36:17| Auto Dealers - Topix.net
Auto racing team owner and businessman Roger Penske says he's exploring opening an auto racing museum in downtown Detroit. Penske tells the Detroit Free Press that "being able to have something downtown might very interesting."
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Detroit automakers face speed bumps as sales growth slows
2015-05-03 15:32:57| Automakers - Topix.net
Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead. Auto executives say the industry is as healthy as it's been since being restructured in 2009.
Rosekind flies to Detroit for safety talks with automakers
2015-04-29 14:37:29| Automakers - Topix.net
National Highway Traffic Safety Administration Administrator Mark Rosekind is in Detroit through tomorrow to hold talks with automakers on recalls. It is his first trip to the Motor City.
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Detroit automakers rely on U.S. truck sales for global profits
2015-04-28 23:50:46| Automakers - Topix.net
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas. That's the profit formula Detroit was supposed to move beyond after the financial crisis, gas price shocks and the federal bailouts of General Motors and Chrysler.
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