This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Exclusive investigative reporting that fights for the truth, exposes corruption and gives voice to the voiceless all across Michigan. Comprehensive coverage of Michigan’s auto industry, including in-depth analysis of Ford, GM, and Stellantis’… Continue reading Chrysler promises contemporary, edgy design for 1st fully electric vehicle
Author: Detroit Free Press Online
GM CFO makes big stock buy, analysts call it an ‘unusual’ move done to signal Wall Street
General Motors CFO Paul Jacobson feels so good about the automaker that he did something even CEO Mary Barra has rarely done: Buy GM stock. Jacobson spent about $1.01 million of his own money to buy 31,000 shares at $32.60 a share in a transaction dated May 19, according to a filing with the Securities… Continue reading GM CFO makes big stock buy, analysts call it an ‘unusual’ move done to signal Wall Street
Ford reverses plan, vows to keep AM radio for its electric, non-electric vehicles
Ford CEO Jim Farley announced Tuesday morning that the automaker is reversing its previous plan to remove AM radio from vehicles, both electric and gasoline-operated, in 2024. Farley, in a post on his LinkedIn professional page and a tweet on Twitter, said: “After speaking with policy leaders about the importance of AM broadcast radio as… Continue reading Ford reverses plan, vows to keep AM radio for its electric, non-electric vehicles
Vehicle cybersecurity gets boost from Defense Department
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Exclusive investigative reporting that fights for the truth, exposes corruption and gives voice to the voiceless all across Michigan. Comprehensive coverage of Michigan’s auto industry, including in-depth analysis of Ford, GM, and Stellantis’… Continue reading Vehicle cybersecurity gets boost from Defense Department
CEO Jim Farley tells industry analysts the automaker has ‘been stuck in a box’
Ford CEO Jim Farley climbed out of a Lincoln Navigator at 6:31 a.m. Monday and headed into the Ford Experience Center in Dearborn, where hundreds of industry analysts and reporters were gathering for his much-anticipated speech designed to inspire investors. Ford executives provided highlights of what to expect from the 120-year-old automaker, ranging from where… Continue reading CEO Jim Farley tells industry analysts the automaker has ‘been stuck in a box’
GM invests $270K in Flint nonprofits, including STEM programs
General Motors said Monday it is providing grants to 157 nonprofit organizations in the communities surrounding its U.S. factories. The grants will total $3 million. As part of it, GM is earmarking $270,000 to go to eight nonprofits in Flint, where GM has Flint Assembly and Flint Engine plants. GM makes its heavy-duty pickups at… Continue reading GM invests $270K in Flint nonprofits, including STEM programs
GM looks to Indiana for next battery plant: Here’s what locals are offering GM to say yes
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Exclusive investigative reporting that fights for the truth, exposes corruption and gives voice to the voiceless all across Michigan. Comprehensive coverage of Michigan’s auto industry, including in-depth analysis of Ford, GM, and Stellantis’… Continue reading GM looks to Indiana for next battery plant: Here’s what locals are offering GM to say yes
GM to offer an all-electric Cadillac Escalade to be called Escalade IQ
General Motors is bringing to market an all-electric Cadillac Escalade set to be called the Escalade IQ. The vehicle is one of three new EVs Cadillac plans to reveal later this year. They will join the Lyriq SUV, now in production at Spring Hill Assembly in Tennessee, and the upcoming Celestiq, an ultraluxury sedan that… Continue reading GM to offer an all-electric Cadillac Escalade to be called Escalade IQ
Ford’s relationship quality with auto suppliers has sunk, study shows
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Exclusive investigative reporting that fights for the truth, exposes corruption and gives voice to the voiceless all across Michigan. Comprehensive coverage of Michigan’s auto industry, including in-depth analysis of Ford, GM, and Stellantis’… Continue reading Ford’s relationship quality with auto suppliers has sunk, study shows
Hyundai Motor Group’s bold EV strategy could make it No. 1
For years, I didn’t understand why Toyota executives were terrified of Hyundai Motor Group, which includes Kia and Genesis. Today, I don’t understand why every automaker isn’t. After decades of steady but unspectacular growth, the South Korean giant appears primed for a leap. Bold engineering choices, daring designs and aggressive investment could lift it to… Continue reading Hyundai Motor Group’s bold EV strategy could make it No. 1