#wayne-michigan

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#general-motors
fromFortune
2 months ago
Business

Detroit's top carmaker just wrote down $7.6 billion on its EV business-and grew its market cap by the same amount. Here's how GM did it | Fortune

Business
from24/7 Wall St.
13 hours ago

General Motors Gets Conflicting Signals From Wall Street: Buy the Dip or Brace for More Pain?

General Motors faces mixed analyst opinions, with price targets ranging from $90 to $105, indicating uncertainty in stock valuation.
Business
from24/7 Wall St.
2 weeks ago

Wall Street Is Bearish on General Motors Stock

General Motors faces stock price challenges but has strong long-term earnings potential and significant upside according to analysts.
Cars
frominsideevs.com
2 weeks ago

I Just Hope We Can Bounce Back': GM's Prized EV Truck Factory Goes Dark Again

General Motors has idled its Factory Zero EV plant in Detroit due to declining demand for electric vehicles in the U.S.
fromFortune
2 months ago
Business

Detroit's top carmaker just wrote down $7.6 billion on its EV business-and grew its market cap by the same amount. Here's how GM did it | Fortune

Cars
fromwww.businessinsider.com
22 hours ago

Ford's CEO said Chinese carmakers entering the US would be 'devastating'

Chinese automakers pose a significant threat to the US automotive industry, with concerns over economic impact and cybersecurity risks.
SF politics
fromThe Atlantic
2 days ago

Why Did Gretchen Whitmer Go Soft on Trump?

Gretchen Whitmer is a potential Democratic presidential candidate for 2028, balancing her criticism of Trump with political caution.
Real estate
fromwww.housingwire.com
4 days ago

Top Century 21 firm expands into Michigan

Century 21 Circle expands into Michigan by partnering with Kelley Real Estate Group to enhance its Midwest presence and support cross-state client movement.
Toronto startup
from24/7 Wall St.
5 days ago

Tesla vs. Ford: Don't Buy Either Stock Until You Read This

Tesla and Ford's 2025 results highlight diverging futures, with Tesla focusing on autonomy and AI, while Ford faces significant EV write-downs.
Business
from24/7 Wall St.
13 hours ago

Ford Gets a Rare Double Upgrade From Goldman Sachs and UBS: Is a Major Comeback in the Cards?

Ford Motor is experiencing mixed analyst sentiments, with UBS upgrading to Buy and Goldman Sachs lowering its price target while maintaining a Neutral rating.
Cars
frominsideevs.com
8 hours ago

'We Should Not Let Them Into Our Country': Ford CEO On Chinese EVs

Allowing Chinese EVs into the U.S. could devastate American manufacturing and pose cyber risks.
Los Angeles Rams
fromDefector
1 week ago

Michigan Is Nasty | Defector

Michigan dominated Arizona in the Final Four, leading by as much as 30 points and winning 91-73 despite Arizona's strong season.
#michigan
Public health
fromStreetsblog USA
6 days ago

Michigan Bill Would Require Seniors to Regularly Re-Take Their Drivers' Tests - Streetsblog USA

Michigan's new bill mandates annual driving tests for seniors starting at age 85, raising concerns about age-based regulations versus actual driving ability.
Travel
fromwww.businessinsider.com
2 weeks ago

I've spent years exploring Michigan. These 4 cities made me feel like I was in Europe.

Michigan offers hidden gems that reflect European charm, particularly in cities like Holland and Frankenmuth.
Public health
fromStreetsblog USA
6 days ago

Michigan Bill Would Require Seniors to Regularly Re-Take Their Drivers' Tests - Streetsblog USA

Michigan's new bill mandates annual driving tests for seniors starting at age 85, raising concerns about age-based regulations versus actual driving ability.
Travel
fromwww.businessinsider.com
2 weeks ago

I've spent years exploring Michigan. These 4 cities made me feel like I was in Europe.

Michigan offers hidden gems that reflect European charm, particularly in cities like Holland and Frankenmuth.
Silicon Valley
fromFortune
1 week ago

Ford's Jim Farley has been warning that America's ignoring the 'essential economy' while AI eats jobs. Goldman Sachs has the receipts | Fortune

America's AI growth may be hindered by a shortage of skilled blue-collar workers, not by a lack of capital or technology.
#ford
Toronto startup
from24/7 Wall St.
6 days ago

Ford and Toyota Surges 6%: Two Auto Giants Prove the Global Car Market Is Alive and Well

Ford and Toyota stocks rose 6%, indicating strong consumer demand for vehicles despite economic challenges.
Cars
from24/7 Wall St.
6 days ago

How Ford Is Reinventing Itself as an AI Infrastructure Play After Its EV Stumble

Ford's $10.70 billion impairment charge marks a significant shift towards industrial infrastructure, focusing on software, commercial fleets, and battery energy storage.
Toronto Raptors
fromRaptors Republic
1 week ago

The internship at the Pistons' corner office

The Raptors faced a reality check against the Pistons, highlighting their struggles despite recent successes and revealing weaknesses in their performance.
Alternative transportation
fromStreetsblog USA
2 weeks ago

Trump's 'Freedom Means Affordable Cars' Rings Hollow As Gas Prices Surge - Streetsblog USA

Rising gas prices challenge the Trump administration's oil consumption strategy and highlight the need for better mobility alternatives in American cities.
Cars
frominsideevs.com
5 days ago

Car Buyers Don't Like Subscriptions. Car Companies Are Pushing Them For Driver-Assistance Tech Anyway.

Automakers are increasingly offering partial automation features through subscription models, despite consumer fatigue with ongoing payments.
Real estate
fromSFGATE
3 weeks ago

Real Estate Market Trends in Detroit, MI: Inventory Climbs

Detroit's real estate market has shifted to favor buyers due to increased inventory and longer selling times.
Music production
from48 hills
3 weeks ago

Under the Stars: We could all use some funky Detroit grooves about now - 48 hills

DJ Amir Abdullah curates a second volume of Strata Records compilations, preserving Detroit's innovative Black music history through groovy, funk-influenced jazz from the legendary 1970s label founded by Kenny Cox.
Mental health
fromPsychology Today
4 weeks ago

Can a Boom in Manufacturing Lead to Mental Health Problems?

Single-industry economic booms create unequal benefits and mental health risks, particularly for younger, less-educated workers who face severe hardship during inevitable busts.
Cars
frominsideevs.com
1 week ago

Polestar's Largest EV Will Be Made Exclusively In The U.S.

Polestar 3 will be exclusively manufactured in South Carolina, ending Chinese production to avoid import tariffs and streamline operations.
Cars
fromFast Company
2 weeks ago

How GM is shaping the future of car design, one Corvette at a time

The Corvette CX is a groundbreaking all-electric hypercar showcasing advanced engineering and design, emphasizing the evolving role of concept cars in the automotive industry.
fromwww.marketingdive.com
1 month ago

How Ford is accelerating its global campaign as it returns to Formula 1

We're using Formula 1 on Apple TV to show exactly how the extreme research and development tested in the world's harshest racing environments translates directly to the consumer. That's not a marketing line. It's absolutely real, drawing a line between Ford racing vehicles and the tech inside vehicles like the F-150 Raptor, Bronco Raptor and the new EV electric truck that's on its way.
Marketing
Cars
fromwww.businessinsider.com
2 weeks ago

Ford CEO says stick shifts aren't going away and points to an unlikely fan: the Pope

Ford continues to offer manual transmissions in select models due to customer passion for driving engagement.
Business
fromFortune
1 month ago

Fortune to host Fortune 500 Innovation Forum in Detroit in November | Fortune

The U.S. innovation ecosystem, built on risk-taking and ambition, attracts global talent and drives prosperity, with Fortune hosting a 500 Innovation Forum in Detroit to explore future business leadership and growth.
fromTravel + Leisure
1 month ago

I Live in the Midwest-This Is the Most Underrated City Everyone Should Visit Once

Detroit is perhaps best known for its legacy as the U.S.'s premier car manufacturing hub. The first auto companies set up shop in Detroit around the turn of the 20th century, and by 1917, the city's plants produced over one million cars per year. Beyond manufacturing, though, Motor City significantly impacted American pop culture.
Miscellaneous
Cars
frominsideevs.com
3 weeks ago

Got One Of These Jeep, Ram, Fiat, Or Dodge EVs? You Can Now Use Tesla Superchargers

Stellantis vehicles now access Tesla's 27,500 North American Superchargers using NACS-to-CCS adapters, expanding EV charging infrastructure for Jeep, Dodge, Ram, Fiat, and Maserati owners.
fromBusiness Insider
1 month ago

I moved from Southern California to Michigan so I could afford to buy a home. Living here changed me in surprising ways.

In Orange County, I was the kind of person who would bury my nose in a magazine to avoid chatting with a hairdresser. I rushed through the checkout line and never said, 'How are you doing?' to someone I didn't know. If small talk was ever forced upon me, I gave away as little about myself as possible.
California
US politics
fromFortune
2 months ago

Trump claims all the U.S. automakers are 'doing great.' Gretchen Whitmer says 'this will only get worse without a serious shift' | Fortune

Gretchen Whitmer says U.S. tariffs have harmed American auto manufacturing, causing job losses and production cuts while benefiting Chinese competitors and isolating U.S. industry.
Gadgets
fromFast Company
2 months ago

Detroit's streetlights are becoming EV chargers

Streetlight-mounted Voltpost Air units enable quick, low-power Level 2 EV charging by using existing electrical infrastructure, minimizing installation time and avoiding costly grid upgrades.
fromTheregister
1 month ago

If Microsoft made a car... what would it be?

Porter complained about difficulties when trying to insert lines in Excel. (Which, to be fair to Microsoft, is relatively straightforward - need to insert a row? Right-click on a selected row. Need to insert a line in text? Alt+Return is probably going to be your friend.) But then Porter turned to that other productivity stalwart, Word. "Never underestimate Microsoft's ability to make things more complicated," he said.
Tech industry
Business
from24/7 Wall St.
1 month ago

Everyone Hates Ford Right Now. Does That Make It a No-Brainer Buy?

Ford's current pessimism presents a buying opportunity for retirement investors as insider buying, improving EV losses, and strong Ford Pro commercial division cash generation support valuation recovery.
US news
fromBoston.com
2 months ago

Trump makes obscene gesture at heckler in Ford factory tour

President Donald Trump raised his middle finger at a heckler who accused him of being a 'pedophile protector' during a Ford factory visit in Dearborn, Michigan.
fromwww.cbc.ca
2 months ago

Auto production by Detroit Three declines in Canada as Japanese automakers lead the way, report says | CBC News

As the Detroit Three automakers have made fewer cars in Canada over the past decade, Japanese car makers have kept their Canadian footprint consistent, according to a new report. The findings by the Trillium Network for Advanced Manufacturing, a non-profit think-tank at Western University that analyzes manufacturing in Ontario, show a decline in the overall number of cars made in Canada compared to a decade ago. In 2016, 2.3 million cars were assembled in the country; by 2025, that figure fell to 1.2 million.
Canada news
Environment
fromFast Company
2 months ago

GM CEO Mary Barra says people aren't plugging in their plug-in hybrids. That defeats their whole purpose

Many plug-in hybrid owners frequently do not plug in their vehicles, reducing PHEVs' expected environmental benefits.
#michigan-slang
US politics
fromFortune
2 months ago

Trump hails 'booming investment' in Detroit while auto manufacturing jobs have fallen every month since Liberation Day | Fortune

U.S. manufacturing shows large investment and GDP growth while manufacturing payrolls decline, producing a growing "jobless boom" disconnected from blue-collar employment.
Cars
from24/7 Wall St.
1 month ago

Ford vs Winnebago: How Two American Vehicle Makers Are Navigating a Tough Road Ahead

Ford's $11.10 billion Q4 loss masks a strengthening core business, while Winnebago achieves profitability growth through operational discipline and premium product positioning.
Business
from24/7 Wall St.
1 month ago

Ford and Rivian: BofA Reinstates Both as Regulatory Shift Reshapes the Auto Landscape

Bank of America rates Ford as a Buy with $17 target based on strong earnings fundamentals, while rating Rivian as Underperform with $14 target due to regulatory credit dependency and declining EV demand.
Cars
from24/7 Wall St.
1 month ago

Stellantis, Oshkosh, and Mastercraft: 3 Vehicle Manufacturers Worth Watching

Three vehicle manufacturers show vastly different financial health, with Stellantis in crisis from aggressive EV betting, Oshkosh facing challenges, and a third company performing strongest based on earnings, revenue growth, margins, guidance, and overall financial metrics.
fromSFGATE
2 months ago

Detroit Home Prices Up in July

In July, home prices rose slightly from the month before, with a median listing price of $109,200. The number of listings on the market grew 4.1% from last month, which is typical for this time of the year in Detroit, and homes are also selling close to the same pace as the same time last year. Typically, home price per square foot in Detroit tend to rise in July.
Real estate
Marketing
fromFortune
2 months ago

Despite running the $75 billion automaker General Motors, its CEO Mary Barra still responds to 'every single letter' she gets by hand | Fortune

Mary Barra personally answers every letter with handwritten notes, using personalized communication to build openness, respect, and lasting customer loyalty.
US politics
fromTruthout
2 months ago

Ford Plant Suspends Worker After Trump Flips Him Off

A Ford plant worker, T.J. Sabula, was suspended after yelling "Pedophile protector!" at President Trump during a Michigan visit; a GoFundMe raised over $330,000.
fromFortune
1 month ago

Detroit automakers ask White House to be spared from new tariffs | Fortune

Automakers are facing billions of dollars in additional costs from Trump's tariffs, particularly those levied on imported autos and car parts. Those tariffs, as well as levies targeting steel and aluminum, were implemented under a law that gives the president authority to impose import taxes on national security grounds. The duties were unaffected by the Supreme Court's ruling that struck down Trump's broader import taxes imposed on many countries.
US politics
Cars
frominsideevs.com
1 month ago

'Ten Times Bigger To Me:' Why Ford's CEO Thinks Software Is A Bigger Challenge Than EVs or China

Software-defined vehicles represent a more transformative revolution than EVs or Chinese competition, fundamentally enabling both transitions and reshaping automotive manufacturing and user experience.
#antitrust
Cars
fromTravel + Leisure
1 month ago

8 Best Car Museums in the U.S. With Vintage Vehicles and Fascinating Exhibits

The United States hosts numerous automobile museums showcasing the industry's evolution from the 1890s through innovative design, technology, and adaptation to consumer needs.
Cars
frominsideevs.com
2 months ago

General Motors' Strategy For Building Cheaper EV Batteries: Go Hyper Local

General Motors is localizing EV battery raw-material supply chains in North America to lower costs, reduce China dependence, and comply with sourcing requirements.
#electric-vehicles
from24/7 Wall St.
2 months ago

Ford vs Failure: Will Failure Win Again?

Ford beat earnings estimates in three straight quarters through Q3 2025, with a stunning 367% surprise in Q1. The stock responded by going... nowhere. Up 47% over the past year but still trading at $13.60, barely above where it sat in 2016. That's the Ford pattern in a nutshell: promise without payoff, execution without escape velocity.
Cars
from24/7 Wall St.
2 months ago

The F-150 Saved Ford

While Ford ( NYSE: F) was eating through billions of dollars in an attempt to gain a large market share in the US EV market and its EU and China units stagnated, its best-selling, and likely most profitable vehicle, the F-150, continued its gargantuan unit sales. The F-150 is part of the F-Series of full-size pickup trucks. Last year, unit sales of these in the US reached 828,832, up 8.3%.
Cars
fromBusiness Matters
2 months ago

What Mark Stephen McCollum Has Learned from 35 Years in Automotive

Mark Stephen McCollum is a respected name in the automotive world, with over 35 years of hands-on experience. Born and raised in Conroe, Texas, he grew up in a close family and learned early the value of hard work. He studied business finance at Lon Morris College and Texas A&M University, building a foundation that would carry him through a long and successful career.
Cars
fromBusiness Insider
2 months ago

GM is quietly becoming a subscriptions company

During the automaker's Tuesday earnings call, CEO Mary Barra highlighted the rapid growth of GM's in-vehicle software and subscription business. In the past nine months, GM's software generated $2 billion, and customers have already signed up for about $5 billion in future subscriptions. The company said it now has 11 million subscribers for its OnStar safety system, up 34% from a year earlier. Another half a million customers are also paying for Super Cruise, its hands-free driver-assistance system.
Cars
frominsideevs.com
2 months ago

GM's EV Cost-Cutting Plan Goes Beyond Batteries, CEO Says

General Motors is working to reduce the cost of its electric vehicles, beyond just using cheaper lithium-ion batteries, the automaker said Tuesday during its fourth quarter and full-year 2025 earnings call. The update comes just as the automaker booked over $7 billion in charges related to cutting down its EV ambitions last year, which includes things like contract cancellation fees and converting its Orion, Michigan, EV assembly plant for the production of full-size gas trucks and SUVs.
Cars
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