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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Detroit

Detroit stories: 228 news summaries

21 - 40 of 228 Stories | << Prev 1 2 3 4 5 6 ... 12 Next >>

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(Newser) - "You know who we're looking for." With that, two gunmen in ski masks opened fire on a group of teenagers waiting at a bus stop in Detroit, hitting seven of them and leaving three critically injured, reports the Detroit News. Witnesses say the shooting may be the extension... More »

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Detroit • gangs • shooting rampage • shooting • bus stop shooting • bystanders

 NYC Ranks No. 1 
 in Road Rage 

City's drivers are angriest in the US

Jun 16, 09 10:23 AM CDT
(Newser) - New York drivers are the most aggressive and angry in the US, an annual road rage survey finds. Gotham cut off Miami, which had zoomed to the top of the list the past 4 years, Reuters reports. "New Yorkers were most likely to wave their fists or arms,"... More »

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Minneapolis • cell phones • Atlanta • Cleveland • New York • Detroit • Dallas • road rage • Miami • driving • Portland, Oregon • driver distraction

 Retail Exodus 
 Speeds Detroit's Fall 

Retailers jump ship as recession, auto industry's collapse hit city hard

Jun 16, 09 5:32 AM CDT
(Newser) - The auto industry's woes have sped up the long decline of retail in Detroit, the Wall Street Journal reports. America's 11th-largest city now lacks a single outlet from any national grocery chain downtown. Starbucks has just four stores in the city of 900,000, and as of last week, Motor... More »

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retail • Detroit • recession • auto industry • retailers

 Done Deal: Fiat Buys 
 Chrysler Assets 

Administration triumphs as bankruptcy effectively ends

Jun 10, 09 10:31 AM CDT
(Newser) - Chrysler finalized its sale of assets to Fiat with a government wire transfer this morning that gave Chrysler $6.6 billion in funds to exit bankruptcy, the New York Times reports. The sale is good news for the Obama administration, which sought an “efficient” restructuring for Chrysler. It may... More »

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Chrysler • bankruptcy • General Motors • Detroit • automaker • auto industry • Big Three • wire transfer • Fiat • Obama administration

(AP) - The Supreme Court has cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal. The court late today rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. With the court's move, the deal can now... More »

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Chrysler • Detroit • mergers and acquisitions • auto industry • Fiat

(AP) - Opponents of Chrysler's sale to Fiat are asking the Supreme Court to block the deal. Three Indiana state pension and construction funds filed emergency papers at the high court early today to put the sale on hold so they can pursue an appeal. The emergency request goes first to Justice... More »

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Chrysler • Detroit • merger • auto industry • US Supreme Court • Fiat

OPINION


 Make Romney 
 the Head of GM 

Former Mass. governor could turn around automaker, says Bennet

Jun 3, 09 7:40 AM CDT
(Newser) - Barack Obama wants to "take a hands-off approach" with General Motors, but as James Bennet writes in the Atlantic, there's no way to get the bankrupt automaker back into shape "without getting under the hood." GM needs someone who can "bring the hammer down" on its... More »

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Mitt Romney • Barack Obama • bankruptcy • General Motors • Detroit • automaker • auto industry

 US Automakers See 
 Sales Increase in May  

Ford, GM have best month of 2009

Jun 2, 09 4:46 PM CDT
(Newser) - Some actual good news for the auto industry: All three US automakers saw sales of new cars jump from April to May, reports the New York Times. Granted, sales are still way down compared to last year, but the month-to-month leap offers a glimmer of hope among the bankruptcy headlines.... More »

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Chrysler • Toyota • General Motors • Detroit • Honda • Nissan • Ford • auto industry • auto sales

ANALYSIS

 General Motors: 
 How a Giant Fell 

After decades of dominance, automaker blamed others for downfall

Jun 1, 09 5:13 AM CDT
(Newser) - General Motors dominated the auto industry for much of the 20th century, and its downfall took place over decades. Many of the attributes GM once saw as strengths, from its rigid structure to its diverse range of vehicles, became liabilities as Japanese competitors sucked away even its most loyal customers,... More »

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bankruptcy • General Motors • Detroit • automaker • auto industry • Chapter 11

 Jobless Cling 
 to Their Faith 
 in Detroit 

Religions offer
comfort as jobless
face pain, hunger

May 31, 09 6:10 PM CDT
(Newser) - Thousands of Detroit's jobless are coping with fear and desperation by falling back on faith, the Detroit Free Press reports. Houses of worship are increasingly fielding calls from people seeking jobs, food, and housing—but above all, congregants say, they find comfort. "When the tension comes and the pressure... More »

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layoffs • Detroit • religion • God • church • faith • auto industry • economic crisis

(Newser) - As Detroit reels from the automotive crisis, a much-needed emotional uplift is coming from a dependable source: the Red Wings, currently in the Stanley Cup finals against the Pittsburgh Penguins. We “are one of the good stories that are coming out of Detroit right now,” a Red Wings... More »

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Pittsburgh Penguins • Detroit • Detroit Red Wings • hockey • recession • Stanley Cup • auto industry

GM Close to Hummer Sale That Would Save 3K US Jobs

Has picked a buyer; deal would be finalized by Sept.

May 31, 09 10:14 AM CDT
(Newser) - GM has selected an unnamed investor to buy its hulking Hummer brand, in a move aimed at saving more than 3000 US jobs, sources tell the Wall Street Journal. They say the company hopes to seal the deal, rumored to be in the $200 million range, by September. An... More »

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General Motors • Detroit • business • employment • Hummer • job • investor • cars • brand

Big Three See Bumpy Road With 20-Somethings

Demographic key to rebuilding for US automakers

May 29, 09 2:23 PM CDT
(Newser) - Detroit automakers face a hard road when it comes to Generation Y—consumers aged 22-32 whose business is crucial to securing the firms' futures, BusinessWeek reports. Their boomer parents broke from tradition by shifting to Japanese cars, and Gen Y is following in those footsteps. Detroit “simply must do... More »

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Chrysler • baby boomer • Toyota • General Motors • Detroit • automaker • Ford • Big Three • Generation Y • US automakers • Japanese auto industry

GM Bankruptcy a Gold Rush ... for Lawyers

Most complex filing ever will net hundreds of millions in legal fees

May 26, 09 7:07 AM CDT
(Newser) - GM's expected bankruptcy is bad news for thousands of auto workers, dealers and managers—but a bonanza for the lawyers and consultants orchestrating the most complicated Chapter 11 in history. Bankruptcy specialists who are already billing Chrysler, Lehman Brothers and the US government stand to make hundreds of millions of... More »

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Chrysler • bankruptcy • General Motors • Detroit • Lehman Brothers • lawyer • auto industry • Chapter 11 • U.S. Bankruptcy Court

 Ford Courts 
 GM, Chrysler 
 Customers 

Helps pay off their loans, trains dealers in 'conquests'

May 22, 09 12:25 PM CDT
(Newser) - With General Motors and Chrysler struggling, Ford is moving to pick off some of its rivals’ customers, the Detroit News reports. The firm is passing cash to its dealers to ease Chrysler owners’ loan payments—so they can pick up Fords. Ford may soon do the same for GM owners.... More »

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Chrysler • General Motors • Detroit • automaker • Ford • auto industry • Big Three

GM, UAW Cut Deal on Labor, Health Care

Tentative pact may
save struggling auto giant more than $1B

May 21, 09 1:44 PM CDT
(Newser) - Monitored by the Treasury department, General Motors and the United Auto Workers have reached a tentative deal to modify conditions of their labor contract and retiree health care trust, which could save the flatlining automaker more than $1 billion. Still, Chapter 11 bankruptcy remains likely for GM, and union reps... More »

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United Auto Workers • General Motors • Detroit • automaker • labor costs • health care trust • auto worker





 Fans High on 
 Eminem's 1st 
 Sober Show 

Rapper excited to play show he'll remember later

May 20, 09 11:25 AM CDT
(Newser) - Some 2000 lucky Eminem fans got to see a rarity last night: a mini-concert in which the rapper was sober, MTV reports. “This might actually be one of the best shows I’ve ever done, ‘cause when I get offstage, I’m actually going to remember it,”... More »

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Detroit • Eminem • record • concert • rap music • fans • Jay-ZTV • Relapse

 GM Loses $6B in 
 Q1, Burns $10.2B 

The ailing automaker looks no closer to avoiding bankruptcy, CEO says

May 7, 09 7:29 AM CDT
(Newser) - General Motors lost nearly $6 billion in the first quarter, hampered by bankruptcy fears and slumping global sales. The company spent $10.2 billion while revenue declined to $22.43 billion—47% down from the previous year. However, the loss of $5.98 billion, or $9.78 a share, was... More »

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bankruptcy • General Motors • Detroit • earnings reports • auto industry

ANALYSIS

Are Americans Falling Out of Love With Cars?

Drop in driving could be delayed reaction to gas prices—or not: Silver

May 6, 09 4:58 PM CDT
(Newser) - Is the fact that Americans are driving less even after the cost of gas has come down a sign that US attitudes are changing, Nate Silver asks in Esquire—or is it just another example of how slowly they respond to changes in fuel prices? “The real test,”... More »

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Detroit • automaker • driving • Seattle • statistics • Big Three • US automakers • automobile • car culture

Former NBA
Star Bing
Wins Detroit Mayor's Race

He replaces
disgraced Kilpatrick

May 5, 09 9:34 PM CDT
(AP) - Businessman and professional basketball Hall-of-Famer Dave Bing has been elected Detroit's newest mayor and will serve through the end of the year. The 65-year-old Detroit Pistons great defeated incumbent and fellow Democrat Ken Cockrel Jr. today in a special runoff election, 52.3% to 47.7%. More »

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Detroit • mayor • Kwame Kilpatrick • election • Dave Bing

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