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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Detroit

Detroit stories: 228 news summaries

41 - 60 of 228 Stories | << Prev 1 2 3 4 5 6 7 ... 12 Next >>

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(Newser) - The last time Fiat tried to make a go of it in the US market, its unreliable cars earned it the nickname Fix It Again Tony, reports the New York Times. That was 25 years and another world ago. After a renewed focus on quality under CEO Sergio Marchionne, the... More »

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Chrysler • bankruptcy • Detroit • auto industry • Fiat • Sergio Marchionne

OPINION

Chrysler Bankruptcy Obama's Blunt Message to GM

President not afraid to use 'the big stick' on ailing firms

Apr 30, 09 3:08 PM CDT
(Newser) - In announcing Chrysler’s bankruptcy, President Obama shows other troubled firms and industries there’s a point where bailouts stop and hard choices begin—and that message must ring especially clear at General Motors, writes Tom Walsh for the Detroit Free Press. GM’s creditors will now be under a... More »

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Barack Obama • Chrysler • bankruptcy • General Motors • Detroit • Fiat • Obama administration

updated

 Chrysler Talks Break Down; 
 Bankruptcy Expected Today 

Bankruptcy still looks likely for automaker

Apr 29, 09 11:14 PM CDT
(Newser) - Last-minute talks between the Treasury Department and Chrysler's creditors have broken down, making a bankruptcy filing nearly certain today, the Wall Street Journal reports. In other developments, the Detroit News says Italian automaker Fiat will still sign a deal today to forge an alliance with Chrysler. Under the bankruptcy plan... More »

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Chrysler • bankruptcy • Detroit • auto industry • Fiat

 Wind-Borne 
 Chihuahua Safe  


Apr 28, 09 5:21 PM CDT
(Newser) - It is never fun to be a chihuahua in a wind storm, but this tale has a happy ending. It seems Tinker Bell, all 6 pounds of her, blew away from her owners amid 70mph gusts while at a flea market, the Detroit News reports. Her owners consulted a pet... More »

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Detroit • wind • dog • chihuahua

OPINION

 Pontiac Dies, 
 But Its Greats Live On 


Apr 27, 09 3:57 PM CDT
(Newser) - As General Motors' Pontiac line is phased out, Ben Wojdyla, on Jalopnik, remembers the truly great cars that bore the mark. If you've got one, keep your garage clean and await a payday.
  • 2009 G8 GXP: "GM should be saved for no other reason than to put
... More »

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General Motors • Detroit • recession • Pontiac • auto industry • cars

(Newser) - Fiat is bound and determined to join the big boys of the auto world, and it's using ailing US companies to gain a foothold. The Italian automaker has begun surprise talks with General Motors to buy a stake in GM's Opel division and expand its presence in Europe and Latin... More »

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Chrysler • General Motors • Detroit • merger • auto industry • Fiat

(Newser) - General Motors plans to shut most of its US factories for 9 weeks this summer, the AP reports. The shutdown will include the normal 2-week stoppage in July to gear up for new models, two sources said, blaming the move on slumping sales and rising inventories. GM, which has received... More »

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General Motors • Detroit • manufacturing • auto industry • factories

(Newser) - NBA Hall of Famer Dave Bing, who’s running for mayor of Detroit, is turning to the political branch of the “NBA family” for support, the Detroit News reports. Former senator and presidential candidate Bill Bradley will appear next week with retired Suns point guard Kevin Johnson, now... More »

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NBA • Detroit • mayor • Bill Bradley • Kwame Kilpatrick • special election • Kenneth Cockrel Jr. • Dave Bing • Kevin Johnson

(Newser) - Muslims consider canines unclean, which was a problem for a blind Muslim woman who wanted a guide dog. So she got a guide horse. Mona Ramouni of suburban Detroit is getting used to 3-year-old miniature horse Cali—“this is a really awesome little horse,” she told the AP—... More »

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Islam • Detroit • Michigan • Muslim • disability • blindness • braille • guide dog • miniature horse • animal trainer

 Hoe-town: 
 10K-Acre Farm 
 Eyed for Detroit 

Michigan investors seek to turn deserted streets into cropland

Apr 7, 09 5:40 AM CDT
(Newser) - Motor City could turn into Maize City if a Michigan investment group has its way and turns 10,000 acres of largely deserted streets into farm plots, reports BusinessGreen. Hanz Group hopes eventually to acquire almost 10% of Detroit's 143 square miles for development into cropland, Christmas tree and lumber... More »

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investors • Detroit • Michigan • crops • farm • cash crops • economy • fiscal crisis • Motor City

ncaa tournament

 Tar Heels Trample 
 Spartans to Take Title 


Apr 6, 09 11:07 PM CDT
(Newser) - Now Tyler Hansbrough, Ty Lawson, Wayne Ellington, and Danny Green can head to the NBA feeling good about their decision to return to school. The upperclassmen led North Carolina to its fifth national championship with an 89-72 blowout of Michigan State tonight in Detroit, reports the AP. "We've been... More »

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NCAA • NCAA basketball • Detroit • University of North Carolina • Michigan State Spartans • Tyler Hansbrough • Roy Williams (UNC) • North Carolina Tar Heels • Ty Lawson • Wayne Ellington • Tom Izzo • Danny Green • 2009 NCAA Tournament • NCAA men's basketball tournament

(Newser) - MGM Mirage, the gambling conglomerate, is considering the sale of casino properties in Michigan and Mississippi to pay down debt and save an underfunded Las Vegas development, the Wall Street Journal reports. The Vegas-based company has retained Morgan Stanley to shepherd the sales of the MGM Grand Detroit and... More »

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Detroit • Las Vegas • MGM Mirage • Morgan Stanley • debt • recession • casino • Mississippi • Dubai World • MGM Grand • City Center

(Newser) - A sign of the times, maybe, in struggling Detroit: Charlie LeDuff checks in with a 69-year-old retiree who supplements his income by hunting raccoons and selling the carcasses for $12—a typical raccoon serves four—and the pelts for $10. “Coon or rabbit,” Glemie Dean Beasley, a native... More »

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Detroit • hunters • raccoons

(Newser) - Downtown Detroit will be hopping this weekend, as hoops fans overrun the city for the Final Four. But outside the carousing along the city’s spruced-up main drag, things look as dire as ever, the Washington Post reports. One in five residents are unemployed, and abandoned homes and factories... More »

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Detroit • Michigan • economy • Final Four • college basketball • 2009 NCAA Tournament

Auto Plan Drives GOP in Different Directions

Parochial concerns results in a less-than-unified response

Mar 31, 09 8:46 AM CDT
(Newser) - Republicans were caught off guard by Obama’s auto moves yesterday, and they responded in wildly different ways, Politico reports. Some complained the president hadn’t been hard enough on GM and Chrysler, while others groused that he’d been harder on them than he’d been on Wall Street.... More »

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Barack Obama • Republican • General Motors • Detroit • auto industry • Big Three • auto bailout

Detroit's Papers Missing on Red-Letter Day

Freep, News stop delivery on day GM CEO forced out

Mar 31, 09 6:04 AM CDT
(Newser) - Yesterday was a once-in-a-lifetime news day in Detroit: GM's boss was forced out, Chrysler was pushed to merge with Fiat, Michigan State made it to the Final Four—and the first day that Motor City's two daily newspapers didn't land on doorsteps to tell readers all about it. Both the... More »

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Internet • newspaper • General Motors • Detroit • online newspapers • Detroit Free Press • newspaper industry

(Newser) - The Obama administration’s favored plan to rescue GM and Chysler is a managed bankruptcy that would relieve them of their biggest liabilities by splitting the carmakers into “good” and “bad” components, the Wall Street Journal reports. The “good” GM would  comprise profitable brands like Chevy... More »

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Chrysler • bankruptcy • General Motors • Detroit • Obama administration • President Obama • auto bailout

(Newser) - GM and Chrysler got tough love from Barack Obama today, with the president declaring that they haven't made substantial enough changes to justify another federal bailout, and decrying the “failure of leadership” to come up with viable restructuring plans. Obama said the companies would have to regroup radically to... More »

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Barack Obama • Chrysler • General Motors • Detroit • auto industry • Obama administration • auto bailout

7,500 Hourly UAW Workers
Take GM Buyouts

The total is now 60,500 buyouts since '06

Mar 26, 09 10:49 AM CDT
(Newser) - General Motors has convinced 7,500 unionized, hourly workers to accept buyouts and exit the company as early as next week, the Wall Street Journal reports. The automaker offered $20,000 in cash and $25,000 car vouchers—far less than previous offers—in this latest round of cuts to... More »

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General Motors • Detroit • buyout • Big Three • US automakers

In Bankruptcy Maneuver,
GM May Split in 2

If GM faces Chapter 11, a splitting of the company could avert disaster

Mar 26, 09 10:36 AM CDT
(Newser) - General Motors executives and Treasury officials alike seem adamant that the company should avoid Chapter 11 bankruptcy at all costs, but bankruptcy scenarios are already crystallizing behind the scenes, BusinessWeek reports. One option calls for splitting the company into a “good GM,” which would emerge from bankruptcy with... More »

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United Auto Workers • bankruptcy • General Motors • Detroit • bonds • Treasury Department • Chapter 11

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