auto industry

Auto
11:59 am
Sun May 25, 2014

Auto parts price-fixing probe rattles industry

The investigation was made public four years ago with FBI raids in the Detroit area.
Credit Steve Carmody / Michigan Radio

WASHINGTON (AP) - A price-fixing investigation into the auto parts industry has mushroomed into the Justice Department's largest criminal antitrust probe ever, and it's not over.

The investigation was made public four years ago with FBI raids in the Detroit area.

It's led to criminal charges against dozens of people and companies, stretched across continents and reverberated through an industry responsible for supplying critical car components.

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Auto
12:28 pm
Tue May 20, 2014

GM recalls 2.4 million more vehicles

2015 Cadillac Escalade

DETROIT – General Motors is recalling 2.4 million vehicles in the U.S. as part of a broader effort to resolve outstanding safety issues more quickly.

The latest action brings to 13.6 million the number of vehicles GM has recalled this year, a new record for the automaker.  

The recalls announced Tuesday include 1.3 million older-model crossovers with defective front seat belts and 1 million sedans with a shift cable that can wear out. 

GM is also recalling 1,400 new Cadillac Escalade SUVs with faulty air bags. No fatalities related to the defects have been reported, GM says. It expects to take a $400 million charge in the second quarter to repair the vehicles. 

GM agreed to a $35 million federal fine last week for delays in reporting a deadly ignition switch defect.

Stateside
4:43 pm
Thu April 3, 2014

New book uncovers racism in the auto industry during WWII

Credit http://wsupress.wayne.edu/

There is no question that Detroit and the automobile industry played a major role in the Allied victory over Germany and Japan in World War II. We’ve often heard southeast Michigan described as the “Arsenal of Democracy.”

But not so well known is the struggle it took to turn the auto industry toward war production, particularly as women and African-American workers stepped up to take their places on the assembly lines.

Charles Hyde, professor emeritus of history at Wayne State University, joined us today. His new book is Arsenal of Democracy: The American Automobile Industry in World War II.

Listen to the full interview above.

Auto
4:21 pm
Sat March 29, 2014

United Auto Workers membership grows slightly

The Flint sit-down strike against General Motors, Feb. 11, 1937
UAW/Facebook

NEW YORK (AP) - A filing with the U.S. Department of Labor shows the United Auto Workers' membership grew by nearly 9,000 people last year. 

UAW's membership in 2013 was 391,415, compared to 382,513 in 2012. The union has been steadily adding members since 2009, when General Motors and Chrysler filed for bankruptcy.

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Auto
1:24 pm
Sat March 29, 2014

Ford CEO's pay up 11% to $23.2 million in 2013

Ford CEO Alan Mulally earned $2 million in salary, the same as 2012. But he earned more in bonuses, at $5.9 million, and in stock and option awards, which totaled $14.7 million.
Steve Carmody Michigan Radio

DETROIT (AP) - Ford CEO Alan Mulally's compensation rose 11 percent to $23.2 million in 2013, as the company reported record profits in North America.

Mulally earned $2 million in salary, the same as 2012. But he earned more in bonuses, at $5.9 million, and in stock and option awards, which totaled $14.7 million.

The company's board said Mulally exceeded profit and cash flow targets. The company also earned a record pretax profit of $8.8 billion in North America.

Politics & Culture
4:32 pm
Tue March 11, 2014

Stateside for Tuesday, March 11, 2014

The Detroit automakers are moving into their fifth year of recovery after the disastrous bottoming-out of 2009 when General Motors and Chrysler filed for bankruptcy. Half a decade later, however, sales are brisk and auto loans are available. But is the future that bright? On today's show: Are there warning signs of another auto downturn? And, if so, what needs to happen to stop it?

Then, what will our rivers and roads look like once spring hits and the snow melts? We spoke with meteorologist Jim Maczko to find out.

Lake Erie is full of algae blooms and dead zones, and a new report is asking us to take action. What can be done to improve the health of this lake?

Also, how about adding smell to food advertising? 

First on the show, are Michigan veterans getting what they deserve in terms of benefits and support?

The Veterans' Administration says when it comes to per-capita spending on veterans, Michigan checks in at an average of just over $3,400 per vet. The national average is over $4,800. That places Michigan last in the nation.

What is the state doing about this and to make sure that veterans get all the benefits to which they're entitled?

The director of Michigan's Veterans Affairs Agency, Jeff Barnes, joined us today.

Stateside
3:58 pm
Tue March 11, 2014

What does the future look like for Detroit automakers?

General Motors headquarters.
user paul (dex) Flickr

The Detroit automakers are moving into their fifth year of recovery from the disastrous bottoming-out of 2009, when GM and Chrysler had to file for bankruptcy and Ford had to mortgage itself to the hilt to avoid the same fate.

Sales are brisk, auto loans are available and the future is bright, or is it?

Are there warning signs of another auto downturn? And if so, can the state of Michigan protect itself from getting hit as hard as it did in the last collapse?

Bridge Magazine writer Rick Haglund wrote about this in a recent piece for Bridge, and he joined us today along with Kristen Dziczek from the Center for Automotive Research in Ann Arbor. 

Listen to the full interview above.

Stateside
4:17 pm
Tue February 11, 2014

How has NAFTA affected the auto industry in Michigan?

White House

We've been exploring the effects of NAFTA, the North American Free Trade Agreement, recently. NAFTA is 20 years old this year and has had dramatic effects on the state and U.S. economy.

What has NAFTA meant to the auto industry, in particular, the movement of companies and jobs to Mexico – companies and jobs that used to be based in Michigan?

We turned to Stateside's partners at the BBC for more information. BBC correspondent Luis Fajardo joined us today.

Listen to the full interview above.

Auto
6:25 am
Wed January 29, 2014

Michigan's auto industry cited often in President Obama's State of the Union speech

(file photo)
Steve Carmody Michigan Radio

Michigan’s auto industry figured prominently in President Obama’s State of the Union speech last night.

He started by talking about a hard-working auto worker building fuel-efficient vehicles and helping America wean itself off foreign oil. 

The president then introduced the new CEO of General Motors, who was sitting with the First Lady.  

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Auto
6:26 pm
Tue January 14, 2014

General Motors' quarterly dividend is back

General Motors (file photo)
Steve Carmody/Michigan Radio

DETROIT (AP) - General Motors Co. says it will resume paying a quarterly dividend, its first since the height of the financial crisis in 2008

The U.S. automaker's CEO Dan Akerson had hinted that a dividend may be coming and the company confirmed the move Tuesday. General Motors says its dividend of 30 cents per share is payable March 28 to stockholders of record as of March 18.

The Detroit-based company says investors should share in the company's success and that the dividend is a signal of confidence for a profitable future.

Auto
7:21 pm
Sun January 12, 2014

New GM CEO hopes to inspire science students

Mary Barra
Credit gm.com

The incoming CEO of General Motors hopes her appointment as the first woman to lead a global automaker will inspire young women and men to pursue careers in science.

Mary Barra's first appearance before reporters since getting the job eclipsed the rollout of the GMC Canyon small pickup truck.

Barra unveiled the truck and was immediately surrounded by hundreds of journalists Sunday at an old industrial site in Detroit.

She hopes her background as an electrical engineer encourages young people into studying science, technology, engineering or math.

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Stateside
4:32 pm
Mon January 6, 2014

Looking at the year ahead for the auto industry

The North American International Auto Show is even tough for the Michelin Man.
Mark Brush Michigan Radio

The 2014 North American International Auto Show is just around the corner.

Reporters from around the world will descend on Detroit's Cobo Center next week for the media preview days, the big black-tie Charity Preview is on Jan. 17, and the doors open to the public on Saturday, Jan. 18.

With that in mind, we wanted to see what the upcoming year might bring for the auto industry. For that we turn to Michelle Krebs from Edmunds.com, and Michigan Radio’s auto reporter, Tracy Samilton.

*Listen to the audio above.

Stateside
4:05 pm
Thu December 12, 2013

With this week's announcements, is there a new future for Michigan's auto industry?

This week, GM announced that Mary Barra will be the company's first female CEO.
Dave Pinter Flickr

It’s been a big week for Michigan’s auto industry.

A report from Business Leaders for Michigan revealed a plan to bring 100,000 automotive jobs to the sector. And General Motors announced the next CEO of the company will be Mary Barra. She’ll be the first female CEO in the car industry.

Daniel Howes, a business columnist from The Detroit News, talks with us about this week’s announcements.

Listen to the full interview above.

Stateside
5:15 pm
Tue December 10, 2013

What does GM's first female CEO mean for the auto industry?

General Motors's next CEO, Mary Barra.
Carlos Osorio Associated Press

She began her career at General Motors as an engineering co-op student in 1980.

33 years later, Mary Barra has made history by being named the next CEO of GM — the first time a woman has been placed in the top spot of a major automaker.

GM made the groundbreaking announcement today that CEO Dan Akerson has moved up his retirement to January 15, after discovering his wife is battling advanced-stage cancer.

But who is Mary Barra, and what does this appointment mean to America's auto industry?

Listen to the full interview above. 

The Environment Report
9:00 am
Tue December 3, 2013

What will be fueling your car in the future?

Credit Lester Graham / Michigan Radio

Listen to the Environment Report.

Hydrogen fuel cells, compressed natural gas, all-electric… what kind of cars are we going to be driving in a few years?

The LA Auto Show wrapped up… and the next big show is the North American International Auto Show at Cobo Hall in Detroit in January.

There, of course, is a lot of well-orchestrated hype at these big auto shows. If you’re looking for a clear direction on what we’ll be driving in the future, it’s still a mixed bag. But, new advances are dominated by efficiency improvements in the internal combustion engine.

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Auto
2:36 pm
Wed September 11, 2013

Victory for the UAW at a Volkswagen auto plant?

A Volkswagen concept car at the 2013 Detroit Auto Show.
Mark Brush Michigan Radio

In what could be a victory for the Detroit-based United Auto Workers, a union official in Tennessee says a majority of workers at Volkswagen's assembly plant in the state have signed cards favoring the UAW’s representation in creating a German-style works council at the plant.

The official told the Associated Press that the cards are as legally binding as an election by the workers.

More from the AP:

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Politics & Government
5:10 pm
Wed September 4, 2013

Stateside for Wednesday, September 4th, 2013

The auto industry has been forever linked to the city of Detroit, but if that's the case, why is Detroit seeing such financial hardships while U.S. automakers are enjoying a boom?

On today's show we discuss the not-so-entwined Big Three and Detroit.

Then, Governor Snyder visits China . We'll find out why he's pushing so hard for a relationship between eastern Asia and Michigan.

But first, speaking in Sweden today, President Obama said responding to the alleged use of chemical weapons by Syria's government is the "moral thing to do." The President is on a three-day trip in Sweden and Russia for the G-20 summit. This is happening while senior officials in his administration are working to get support for intervention in Congress. 

Today we continue to get the view from Michigan's Congressional delegation.

Yesterday on Stateside we heard from Republican Congressman Justin Amash and Democratic Senator Debbie Stabenow. Now we turn to Democratic Representative Sander Levin to explain why he supports a targeted and focused response.

Auto
11:09 am
Sat August 3, 2013

American Axle co-founder Richard Dauch dies at 71

Richard Dauch
Purdue Krannert School of Management

BLOOMFIELD HILLS, Mich. (AP) - American Axle & Manufacturing co-founder and board chair Richard Dauch has died. He was 71.

The Oakland County medical examiner's office says Dauch died Friday of cancer at his Bloomfield Hills home.

A statement on the Detroit-based auto supplier's website reads: "Our thoughts and prayers are with Dick's family and friends."

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Stateside
5:00 pm
Mon July 29, 2013

New book gives behind-the-scenes look at big automakers

Bob Lutz has worked as an automotive executive for GM, Ford, Chrysler, and BMW.
Wikipedia

An interview with auto executive and author Bob Lutz.

While Detroit embarks on the beginning days of its bankruptcy, the city’s Big Three automakers are reemerging from their own financial crises. It was four years ago that GM and Chrysler filed for Chapter 11 bankruptcy.

And as this month marks the 150th year after Henry Ford’s birth, we take a look at what it takes to run a big auto company, and the future of Michigan’s automakers.

Bob Lutz has held top positions at GM, Ford, Chrysler, and BMW. His most recent position was that of Vice Chairman of GM from 2001 to 2010.

His newest book gives us a behind-the-scenes look at the bosses Bob Lutz has worked for, some of the most legendary names in auto history. It's called Icons and Idiots, out from Portfolio/Penguin.

Bob Lutz joined us today to talk about his book.  

Listen to the full interview above.

Economy
3:08 pm
Wed July 24, 2013

Snyder drums up 'relentless positive action' after bad news weekend about Detroit

Governor Rick Snyder helps cut the ribbon on a new expansion of an auto supplier in Muskegon.
Lindsey Smith Michigan Radio

Detroit’s bankruptcy will make it tricky to brand Michigan as the comeback state.

True to his “relentless-positive-action” style, Governor Rick Snyder didn’t let a weekend of bad news about Detroit’s dismal finances get him down.

On Wednesday morning, as a hearing on the bankruptcy was beginning in federal court in Detroit, Snyder attended a ribbon cutting ceremony for an auto supplier that’s expanding in Muskegon. He urged factory workers to spread the good news about Michigan to everyone they meet.

“I’m not talking just ‘Pure Michigan” tourism messages, Snyder told the crowd. He asked they spread the news about Michigan’s educated workforce and its culture “of making the world’s best products.”

He admitted to reporters the bankruptcy has sidelined conversations about the state’s economy.

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