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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Detroit

Detroit stories: 228 news summaries

61 - 80 of 228 Stories | << Prev 1 2 3 4 5 6 7 8 ... 12 Next >>

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AUTO REVIEW

Muscled and Svelte, New Camaro Is No Meathead

Reworked car could be Detroit's savior

Mar 21, 09 7:36 PM CDT
(Newser) - General Motors hopes to muscle its way back from the brink of bankruptcy by reintroducing the Chevrolet Camaro, a macho stud-machine that is flexed to impress, Joseph Szczesny writes in Time. “The new Camaro goes well beyond the old-fashioned ‘Detroit iron’ of the 1960s and '70s,” writes... More »

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General Motors • Detroit • fuel efficiency • Chevrolet • cars

(Newser) - Chrysler and GM could end up needing a “considerably higher” amount than the $21.6 billion so far requested, Bloomberg reports. Steven Rattner, who heads President Obama’s auto task force, said it's possible the request could go as high as $40 billion. He also said that Chrysler’s... More »

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Chrysler • General Motors • Detroit • recession • Federal aid • auto industry • Obama administration • auto bailout • Steven Rattner • auto task force

(Newser) - Chrysler, which has received $4 billion in federal money for its manufacturing operations and $1.5 billion for lending, wants another $1.5 billion for its loan arm, the Detroit Free Press reports. “We’ve gone to Treasury and said we need to re-up that amount,” Chrysler’... More »

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Chrysler • Detroit • auto loans • Federal government • emergency lending • auto bailout

 Bankruptcies Could 
 Boost US Car Sales  

Restructuring could convince consumers to take a chance, say marketers

Mar 2, 09 2:34 AM CST
(Newser) - Contrary to what GM and Chrysler contend, bankruptcies could actually end up boosting their sales. Customers who backed away from the brands amid uncertainty may return once the future is known—even if it's one that entails Chapter 11, marketers tell Advertising Age. Case in point: Studebaker lasted 30 years... More »

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Chrysler • advertising • bankruptcy • General Motors • Detroit • US automakers

OPINION

Autoworkers, Bankers Have a Lot in Common

Exorbitant pay of both brought down their respective industries

Feb 18, 09 9:11 AM CST
(Newser) - They may not seem all that similar, but Detroit’s autoworkers and Wall Street’s bankers have the same story, writes Steven Pearlstein in the Washington Post. From the 1950s up until, say, yesterday, "autoworkers were the aristocrats of the blue-collar world, (and) Wall Street traders and... More »

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Wall Street • Detroit • auto industry • compensation • banking industry • financial crisis • Steven Pearlstein

(Newser) - The restructuring plans unveiled by GM and Chrysler make one thing clear: the cost of bailing out the companies has jumped $14 billion to a total of $39 billion. But as the White House begins to pick through the plans, the companies say it would be far more expensive if... More »

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Chrysler • General Motors • Detroit • auto industry • auto bailout

Captive Woman Forced to Wear Diaper, Listen
to Bible Verses

Ohio police say she was held 3 days

Feb 17, 09 8:43 PM CST
(Newser) - A Michigan woman kidnapped last week was held against her will for three days as her captor read the Bible to her, police say. The alleged assailant picked up the woman in Detroit and drove her to his home in Toledo, the AP reports. When she fell asleep, he undressed... More »

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Detroit • kidnapping • Michigan • Bible • Toledo, Ohio • sexual assault • suffocation

(Newser) - GM says it will need an additional $16 billion in federal aid to stay afloat, the Detroit News reports. The automaker laid out its restructuring plan for the Obama administration today, requesting $2 billion next month and another $2.6 billion in April to avoid bankruptcy. GM also will shed... More »

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General Motors • Detroit • auto industry • US automakers • auto bailout

(Newser) - Chrysler says it will need a total of $9 billion in federal loans to avoid going bust, up $5 billion from the amount it received in December and $2 billion from its original request, CNN reports. The company also plans to cut 3,000 jobs this year, or 6% of... More »

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Chrysler • General Motors • Detroit • auto industry • auto bailout

ANALYSIS

 NASCAR Needs to Rev Up 

Sport cuts costs to keep fans at the races

Feb 13, 09 4:18 PM CST
(Newser) - The US auto industry is teetering on the brink of destruction—and NASCAR isn't too far behind it. The Daytona 500, NASCAR’s Super Bowl, takes place Sunday, but business is stalling, leaving the costly sport looking for a lift, Sean Gregory and Steve Goldberg write in Time. “We... More »

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NASCAR • Detroit • recession • Daytona 500 • Sprint • fans

(Newser) - GM will cut 10,000 jobs this year, including 3,400 in the US, the Wall Street Journal reports. The cuts represent 14% of GM’s salaried workforce overall, and 12% in the US. Most of those lucky enough to survive the axe will get a 3%-7% pay cut,... More »

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General Motors • Detroit • unemployment • auto industry • Big Three • job cuts

 Ex-Detroit Mayor 
 Kilpatrick Out of Jail 

99 days in jail on obstruction, assault charges for 38-year-old

Feb 3, 09 10:12 AM CST
(Newser) - Former Detroit Mayor Kwame Kilpatrick is a free man once again, the News reports. Kilpatrick left prison at 12:35 this morning, after spending 99 days of a 4-month sentence in an isolated cell on obstruction of justice charges related to an affair he had with his chief of staff.... More »

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prison • Detroit • jail • obstruction of justice • Kwame Kilpatrick

 Fiat, Chrysler Talk Partnership 

Deal could allow US firm quick access to small-car parts

Jan 19, 09 1:39 PM CST
(Newser) - Chrysler is in talks with Fiat to form a partnership that could boost the troubled automaker, Automotive News reports. In the deal, Fiat may offer Chrysler access to its platforms, engines, and transmissions for smaller cars, enabling Chrysler to quickly put out a new line of front-wheel-drive, low-emissions vehicles. Fiat... More »

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Chrysler • Detroit • automaker • partnership • Ferrari • Fiat • Maserati

OPINION

Resilient Detroit
Will Come Back Strong

Detroit and its automakers won't quit at any cost

Jan 13, 09 5:52 PM CST
(Newser) - When Congress bailed on aid for Detroit automakers last month, it felt like lawmakers "had just voted to turn the lights out on the Motor City," Detroiter Sarah Webster writes in the Free Press. But even as the Big Three dance dangerously close to bankruptcy, she refuses... More »

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Congress • Detroit • factory • immigrant • auto industry • US automakers • Henry Ford

 Motown Giants Mark 
 50 Years of Music 

Abdul "Duke" Fakir: Studio A is hallowed ground

Jan 12, 09 7:42 PM CST
(Newser) - Musical legends gathered today at Hitsville, USA—Motown Records' original headquarters—to celebrate the Detroit label's 50th anniversary, Billboard reports. The Four Tops' Abdul "Duke" Fakir was joined by musicians from bands such as the Miracles and Martha & the Vandellas to pay tribute to Barry Gordy, who started... More »

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music • Detroit • singers • Motown • Four Tops • Abdul "Duke" Fakir • Ivy Joe Hunter

 Chrysler Eyes 
 Electric Rollout in 2010 

Automaker will highlight 4 concepts at the Detroit auto show

Jan 11, 09 9:10 AM CST
(Newser) - Struggling Chrysler is underscoring its green-friendly efforts just ahead of the Detroit auto show, reports the Detroit News, promising to have an electric car in production by 2010. Though a rep said he was “not allowed to” reveal any information about the model, the automaker will reveal a... More »

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environment • Chrysler • Detroit • electric cars • Detroit Auto Show

(Newser) - Washington may be loaning billions to automakers, but a Detroit lawyer? He has to pay an IRS bill of 5 cents, the Detroit Free Press reports. James Howarth was busy tallying the cost of paying his debt—which is "several hundred percent over the nickel," he... More »

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taxes • IRS • Detroit • tax refunds • penny • refund • tax liability

OPINION

Car Tech Advances Can Recharge Detroit


Jan 3, 09 11:54 AM CST
(Newser) - Detroit needs to heed Henry Ford's advice and take failure as "the opportunity to begin again more intelligently," Sebastian Thrum and Anthony Levandowski write in the New York Times. Here are four technologies that can help the Big Three automakers turn things around:
  • Car-to-car communication: Wireless
... More »

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Internet • Detroit • solar power • auto industry • auto technology • wireless technology • computer • cars

Ford to Offer Self-Park Cars; Kerkorian Sells Stake

New Lincoln MKS models will park themselves in effort to woo car buyers

Dec 30, 08 10:19 AM CST
(Newser) - Ford plans to offer two models with a self-parking function at the Detroit auto show next month, the Wall Street Journal reports, in the continuing effort to woo buyers with new technology. But  the company's image among investors remains tarnished, as billionaire Kirk Kerkorian confirmed yesterday that he sold his... More »

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Kirk Kerkorian • Toyota • Detroit • Ford • auto industry • Big Three • hybrid car

(Newser) - The Big Three automakers are broke and begging for cash, but that's typical when you're from Detroit, Matt Labash writes in The Weekly Standard. He prepped for his visit to Dysfunction Junction by reading nightmarish stats: The city has 10,000 unsolved murders; its deficit is as high as... More »

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Detroit • debt • poverty • Big Three • auto bailout

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