Big Three http://michiganradio.org en Stateside for Tuesday, April 22, 2014 http://michiganradio.org/post/stateside-tuesday-april-22-2014 <p>Big news out of Washington, D.C. today: The U.S. Supreme Court has upheld Michigan’s ban on race- and gender-based affirmative action. The Court's majority held that Michigan voters were within their rights to amend the state constitution to ban the college admission policies. We dove into the decision on today's show.</p><p>Then, we checked in with Michigan Radio's auto-beat reporter Tracy Samilton about big changes that are likely in the leadership at Ford.</p><p>And, on this Earth Day, what moths can tell us about the world's changing climate.</p><p>Also, we spoke with author Joseph Tirella about his book Tomorrow-Land: The 1964-65 World's Fair and the Transformation of America.</p><p>First on the show, i<span style="line-height: 1.5;">t's taken months of bargaining, bickering and posturing, but there have been promising advances in the Detroit bankruptcy journey.</span></p><p>Pieces are starting to fall into place that could complete the so-called "grand bargain" that would protect the DIA collection and soften the blow for Detroit's retirees.</p><p>First came word of a tentative deal between the city and its pensioners. A day later, the board that represents police and fire retirees gave unanimous approval to the deal.</p><p>Now it's on to the next hurdle: getting state lawmakers to approve Michigan's share of the grand bargain – $350 million.</p><p>Chris Gautz, Capitol Correspondent of Crain's Detroit Business, joined us today.</p><p> Tue, 22 Apr 2014 20:27:44 +0000 Stateside Staff 17317 at http://michiganradio.org Stateside for Tuesday, April 22, 2014 Detroit Big Three ruled the 1964 World's Fair; what's changed in the last 50 years? http://michiganradio.org/post/detroit-big-three-ruled-1964-worlds-fair-whats-changed-last-50-years <p><span style="line-height: 1.5;">The 1964 World's Fair opened its door to an eager public 50 years ago this day at the Flushing Meadows Corona Park, in New York City.</span></p><p>And it is no exaggeration to say that cars ruled that World's Fair. Detroit's Big Three worked very hard to grab the world's attention.</p><p>We talk about what those messages were and how the Detroit Three weren't just selling cars, they were pushing a lifestyle and a political system.</p><p>Joseph Tirella, author of <em>Tomorrow-Land: The 1964-65 World's Fair and the Transformation of America</em>, joined us today.</p><p><em>Listen to the full interview above.</em></p><p> Tue, 22 Apr 2014 20:05:43 +0000 Stateside Staff 17316 at http://michiganradio.org Detroit Big Three ruled the 1964 World's Fair; what's changed in the last 50 years? While Detroit is going bust, the US auto industry is booming http://michiganradio.org/post/while-detroit-going-bust-us-auto-industry-booming <p>There is no small touch of irony in the fact that as Detroit filed for bankruptcy, the U.S. car makers are enjoying boom times. Sales for the Big Three in July were the highest in seven years. GM, Ford and Chrysler are adding shifts and hiring workers. Good times.</p><p>But not for the city that gave birth to what we know as the U.S. auto industry.</p><p>Tom Walsh, business columnist for the Detroit Free Press, and Sonari Glinton, National Desk Reporter from NPR who has covered transportation and the auto industry, joined us today.</p><p> Wed, 04 Sep 2013 21:09:10 +0000 Stateside Staff 14265 at http://michiganradio.org While Detroit is going bust, the US auto industry is booming Ford Motor Company's credit rating gets an upgrade http://michiganradio.org/post/ford-motor-companys-credit-rating-gets-upgrade <div><p><span id="_oneup" style="font-size: 11px">DETROIT (AP) &mdash; Ford Motor Co. says its credit rating has been restored to investment grade by the Fitch Ratings agency.</span></p><p><span id="_oneup" style="font-size: 11px">The automaker&#39;s debt has been at junk status since 2005. The company had to mortgage its factories and other assets to borrow billions in order to stay out of bankruptcy.</span></p><p><span style="font-size: 11px">Ford&nbsp;issued this&nbsp;statement:&nbsp;&nbsp;&nbsp;</span></p><blockquote><p><span style="font-size: 11px">&ldquo;We are very pleased with today&rsquo;s decision by Fitch. It is an important proof point of the continued progress the Ford team is making with our One Ford plan. Moving forward, we will continue to focus on driving profitable growth for all of our stakeholders. In fact, our One Ford plan includes achieving strong investment grade ratings and maintaining investment grade throughout an economic cycle.&quot;</span></p></blockquote><p><span id="_oneup" style="font-size: 11px;">Company spokesman Jay Cooney says Ford&#39;s assets will be released as collateral once a second ratings agency boosts the company&#39;s credit rating.</span> Tue, 24 Apr 2012 14:14:24 +0000 The Associated Press 7169 at http://michiganradio.org Ford Motor Company's credit rating gets an upgrade Detroit automakers, then and now http://michiganradio.org/post/detroit-automakers-then-and-now <p>The North American International Auto Show opens to the public tomorrow.</p><p>The show has been a time for automakers to roll out new models and concept cars, letting consumers know what to expect in the future. The Detroit Three are heading into the year&rsquo;s auto show with positive sales figures.</p><p>Joining us to take a historical look at the auto show and the Detroit Three is Michigan Radio&rsquo;s Jack Lessenberry.</p><p>You can read Michigan Radio reports and see photos and video <a href="http://www.michiganradio.org/term/detroit-auto-show">here</a>.</p><p>&nbsp;</p> Fri, 13 Jan 2012 21:14:27 +0000 Mercedes Mejia 5784 at http://michiganradio.org Detroit automakers, then and now Auto dealer group responds to 56 miles-per-gallon efficiency goal http://michiganradio.org/post/auto-dealer-group-responds-56-miles-gallon-efficiency-goal <p>According to the <a href="http://www.freep.com/article/20110627/BUSINESS01/110627045/Auto-dealers-group-calls-56-m-p-g-goal-too-ambitious">Detroit Free Press</a>, a spokesperson for an auto group is pushing back on a 56 miles-per-gallon efficiency requirement that the White House said may go into effect for 2025.</p><p>From the <a href="http://www.freep.com/article/20110627/BUSINESS01/110627045/Auto-dealers-group-calls-56-m-p-g-goal-too-ambitious">Detroit Free Press</a>:</p><blockquote><p>While Detroit&rsquo;s automakers themselves are staying publicly mum so far on what they think of a 56-miles-per-gallon <a class="itxtrst itxtrsta itxthook" href="http://www.freep.com/article/20110627/BUSINESS01/110627045/Auto-dealers-group-calls-56-m-p-g-goal-too-ambitious#" id="itxthook0" rel="nofollow" style="font-weight: normal; font-size: 100%; text-decoration: underline; border-bottom: 0.075em solid darkgreen; padding-bottom: 1px; color: darkgreen; background-color: transparent;"><span class="itxtrst itxtrstspan itxthookspan" id="itxthook0w0" style="background: none repeat scroll 0% 0% transparent; font-size: inherit; font-weight: inherit; color: darkgreen;">fuel</span><span class="itxtrst itxtrstspan itxthookspan" id="itxthook0w1" style="background: none repeat scroll 0% 0% transparent; font-size: inherit; font-weight: inherit; color: darkgreen;"> </span><span class="itxtrst itxtrstspan itxthookspan" id="itxthook0w2" style="background: none repeat scroll 0% 0% transparent; font-size: inherit; font-weight: inherit; color: darkgreen;">economy</span></a> target by 2025 floated by the White House last week, other interest groups are already weighing in.</p><p>Bailey Wood, a spokesman for the National Association of <a class="itxtrst itxtrsta itxthook" href="http://www.freep.com/article/20110627/BUSINESS01/110627045/Auto-dealers-group-calls-56-m-p-g-goal-too-ambitious#" id="itxthook1" rel="nofollow" style="font-weight: normal; font-size: 100%; text-decoration: underline; border-bottom: 0.075em solid darkgreen; padding-bottom: 1px; color: darkgreen; background-color: transparent;"><span class="itxtrst itxtrstspan itxthookspan" id="itxthook1w0" style="background: none repeat scroll 0% 0% transparent; font-size: inherit; font-weight: inherit; color: darkgreen;">Auto</span></a> Dealers, said that requiring an average of 56 m.p.g. for cars and light trucks would &ldquo;mean a tremendous shift in the types of vehicles consumers would be able to buy,&rdquo; and could price some consumers out of the market for smaller cars.</p><p>&ldquo;To meet that goal, 55% of market share would be hybrid and plug-in electric vehicles, according to the Center for Automotive Research,&rdquo; Wood said in a statement, noting that such vehicles made up less than 3% of what U.S. consumers bought last year.</p></blockquote><p>-Brian Short, <em>Michigan Radio Newsroom</em> Mon, 27 Jun 2011 20:18:01 +0000 Michigan Radio Newsroom 3036 at http://michiganradio.org Auto dealer group responds to 56 miles-per-gallon efficiency goal Suppliers like working with Toyota best but Ford becoming more popular http://michiganradio.org/post/suppliers-working-toyota-best-ford-becoming-more-popular <p>Ford, GM and Chrysler are getting along with their suppliers better than they used to.&nbsp;&nbsp;</p><p>But an annual&nbsp;study says the companies have a ways to go to catch up with their Japanese counterparts.&nbsp;</p><p>John Henke is President of Planning Perspectives, which studies the working relationship between parts suppliers and their customers, the car companies.&nbsp;</p><p>He says that relationship has long been adversarial for the Detroit Three, which means suppliers often don&rsquo;t give them the best prices for parts, or the first crack at new technologies.</p> Mon, 23 May 2011 03:18:31 +0000 Tracy Samilton 2605 at http://michiganradio.org