Business

GM To Stop Production Of 6 Vehicles, Close 3 Michigan Plants And Eliminate Thousands Of Jobs « Detroit News Watch

General Motors on Monday announced a major restructuring of its global business, saying it will shut production at five facilities in North America and slash its staff. GM will reduce its salaried workforce by 15%, including a quarter of the company’s executives. The moves are the first big steps in the century-old GM’s transformation. The company is reinvesting money away ...

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GM To Slash Over 14,000 Jobs In North America « Detroit News Watch

DETROIT (AP) — The Latest on General Motors’ restructuring plans (all times local): 10:30 a.m. General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will ...

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Why collaboration is critical in the era of mobility

Is mobility about new and innovative ways to move people, goods, and services, or is it about a need for speed? For Kevin Mull, director of connected mobility solutions at Bosch, it’s a little of both. Getting to market quickly is important, and some of the biggest players in the automotive industry are developing a collaborative framework by partnering with ...

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Detroit homeless court changes lives for its defendants

Going to court can be a harrowing experience. The stakes often involve matters of great importance — life, freedom, financial security — and nerves are high for everyone involved.  But that’s not the case at Street Outreach Court Detroit (SOCD). A specialty court of the 36th District Court, the atmosphere at a session of SOCD feels more like a graduation ...

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At Least 3,000 GM Workers Face Layoffs « Detroit News Watch

General Motors hoped at least 7,000 white-collar workers would sign up by noon Monday for a buyout offer, but managers told employees last week that it was likely to fall short, raising the prospect of significant layoffs, according to reports. The number volunteering for the offer is likely be closer to 4,000 based on estimates by an actuary, some GM ...

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VW Wants to Storm Car Market With Cheaper Electric Model « Detroit News Watch

FRANKFURT, Germany (AP) — Volkswagen intends to invest $50 billion in the electric and autonomous car technologies expected to reshape the industry — and said it would make battery-powered vehicles more accessible to mass-market auto buyers by selling its new I.D. compact for about what a Golf diesel costs. The investment plans for the next five years aim to make ...

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Ford Recalls 40K Vehicles For Safety Issues « Detroit News Watch

Ford issued four separate recalls for different issues on Friday morning covering about 40,000 vehicles. Here’s a look at what’s being recalled: Select 2018 Ford Explorer vehicles with 2.3-liter or 3.5-liter GTDI engines for a misassembled fuel pressure sensor Ford is issuing a recall for approximately 160 select 2018 Ford Explorer vehicles with 2.3-liter or 3.5-liter GTDI engines for a ...

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