europe http://michiganradio.org en European car sales are dropping and that's bad news for Ford, GM, and Chrysler http://michiganradio.org/post/european-car-sales-are-dropping-and-thats-bad-news-ford-gm-and-chrysler <p>The latest word on new car sales in Europe is not anything that's bringing cheer at GM, Ford and Chrysler headquarters.</p><p>New car sales in Europe have just suffered their worst June in 17 years, and the six-month number is the worst in 20 years.</p><p><span style="line-height: 1.5;">Reporter Russell </span>Padmore<span style="line-height: 1.5;"> from the BBC in London joined us today to give us a look at what's behind this&nbsp;</span><span style="line-height: 1.5;">protracted free fall in European car sales</span><span style="line-height: 1.5;">.</span></p><p><span style="line-height: 1.5;">And&nbsp;</span><span style="line-height: 1.5;">what do these European car sales numbers mean to folks at the </span>Ren<span style="line-height: 1.5;"> </span>Cen<span style="line-height: 1.5;"> in Detroit, Glass House in Dearborn, or the Tech Center in Auburn Hills? In other words, how are the poor sales in Europe affecting GM, Ford and Chrysler?</span></p><p>For that we turned to auto analyst Michele Krebs who’s with <a href="http://www.edmunds.com/">Edmunds.com</a>.</p><p><em>Listen to the full interview above.</em></p><p> Wed, 17 Jul 2013 21:41:43 +0000 Stateside Staff 13579 at http://michiganradio.org European car sales are dropping and that's bad news for Ford, GM, and Chrysler US-EU free trade talks could benefit Michigan http://michiganradio.org/post/us-eu-free-trade-talks-could-benefit-michigan <p>Trade talks between the United States and the European Union start Monday.</p><p></p><p>The talks could have major ramifications for Michigan’s economy.</p><p></p><p>Officials on both sides of the Atlantic are trying to hammer out a deal that could mean tens of billions of dollars in new trade.</p><p></p><p>Rich Studley is the president of the Michigan Chamber of Commerce. He says a free trade deal with the 28 European Union nations would be very important for Michigan.</p><p></p> Sun, 07 Jul 2013 16:02:00 +0000 Steve Carmody 13400 at http://michiganradio.org US-EU free trade talks could benefit Michigan Horizontal hydraulic fracturing also controversial in Europe http://michiganradio.org/post/horizontal-hydraulic-fracturing-also-controversial-europe <p>Horizontal hydraulic fracturing has caused a boom in gas drilling in our state and country, but Michigan and the U.S. are certainly not the only places on the planet dealing with fracking. It's starting to be an issue in Europe, as well.</p><p>BBC Business reporter Russell Padmore joined us today to talk about how fracking is affecting England, France, Germany, and other countries. &nbsp;</p><p><em>Listen to the full interview above.</em></p><p> Tue, 25 Jun 2013 21:43:49 +0000 Stateside Staff 13239 at http://michiganradio.org Ford restructures in Europe, cuts 5,700 jobs http://michiganradio.org/post/ford-restructures-europe-cuts-5700-jobs <p>Ford is cutting 5,700 jobs in the U.K. and Belgium as it tries to return to profitability in Europe.</p><p>The company is expecting annual losses of over $1.5 billion in Europe.</p><p>Alisa Priddle of the Detroit Free Press <a href="http://www.freep.com/article/20121025/BUSINESS01/121025025/Ford-Restructuring-in-Europe-to-cut-jobs-vehicle-capacity?odyssey=tab|topnews|text|FRONTPAGE">has more</a>:</p><blockquote><p>The actions will cut capacity by 18% or 355,000 vehicles a year which should result in annual savings of $450 million to $500 million, the company said today.</p><p></p> Thu, 25 Oct 2012 20:28:43 +0000 Michigan Radio Newsroom 9627 at http://michiganradio.org Ford restructures in Europe, cuts 5,700 jobs Is the world ready for Pure Michigan? http://michiganradio.org/post/world-ready-pure-michigan <p>The Obama Administration wants to step up efforts to promote the U.S. as an international tourism destination. That&rsquo;s welcome news to the folks who run the &ldquo;Pure Michigan&rdquo; campaign.</p><p>Michigan tourism officials know people from foreign countries come here to vacation, but they don&rsquo;t know how many, and that&rsquo;s important to know when they&rsquo;re planning how to spend the &ldquo;Pure Michigan&rdquo; campaign&rsquo;s $25 million advertising budget.&nbsp;&nbsp;</p><p>This year, only about one percent,&nbsp; or about $250,000, is being spent to promote Michigan as a tourism destination in Europe, mainly in England and Germany. Nothing is being spent in Asia.</p><p>George Zimmerman oversees the &ldquo;Pure Michigan&rdquo; campaign for the Michigan Economic Development Corporation. He says the Obama Administration&rsquo;s tourism strategy includes determining where foreign visitors want to go.</p><p>&ldquo;For about half the states, including Michigan, there just isn&rsquo;t enough sample size to really have good data. So, that&rsquo;s been a challenge for us, says Zimmerman.&nbsp;</p><p>Right now, the &ldquo;Pure Michigan&rdquo; campaign is focusing on regional promotions with some national ads, and &ldquo;a modest effort&rdquo; in Canada.</p><p> Sun, 13 May 2012 20:01:01 +0000 Steve Carmody 7447 at http://michiganradio.org Is the world ready for Pure Michigan?