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Auto/Economy
1:34 pm
Wed March 2, 2011

Facelift for Detroit's Cobo Center

Credit Cobo Center Press Release
Screen shot from a video showing plans for renovating the Cobo Center in downtown Detroit

Cobo Center in Detroit is going to get more than a coat of new paint between now and next year’s auto show.

The regional authority now running Detroit’s downtown convention center announced today Cobo will undergo a $221 million renovation.

Cobo Center’s general manager, Thom Connors, says the three year project will allow Cobo to better accommodate the needs of the North American International Auto Show:

"More leasable space, more attractive space, and increased banquet and meeting room capacity and new exhibition space. Its going to make it an easier sell to a wider variety of potential clients.  And allow us to do larger, multiple events at the same time, as well as larger capacity events in the future."

As part of  the renovation, Cobo Arena will be replaced with a 40,000 square foot ballroom space.

The Detroit Free Press reported on the plans, announced this morning, to renovate downtown Detroit's Cobo Center:

The project will be ready by the 2014 North American International Auto Show, and it will “open up” Cobo to the Detroit River with a new atrium entrance and sweeping architectural changes, said Larry Alexander, chair of the five-member Cobo Regional Convention Facility Authority.

The work will mark the first major overhaul of Cobo since 1989. Cobo was built in 1960. In recent years, Cobo has suffered from roof leaks and other problems, and other cities have leapfrogged ahead of Detroit in the amount of showroom space offered and other amenities.

A bond sale enabled by the Cobo authority will pay for the renovations.

Auto
5:52 pm
Tue March 1, 2011

Snowstorms didn't dampen February sales - especially for GM

Credit Spacing Magazine / Flickr
General Motors' auto sales rose by 46 percent in February

Snowstorms in February didn’t seem to dampen car sales.  Sales were up 32-percent at Nissan, 42-percent at Toyota, and 46-percent at GM.

GM’s gain is for several reasons. Last February GM’s sales were weak, so this February looks much better in comparison. The company increased incentives in February. And it’s easier for GM customers to get financing now that GM has its own finance arm, GM Financial.

Don Johnson is head of GM’s U.S. sales.

"With their entry into the market, our penetration of the sub-prime business is above the industry average," says Johnson.  "We’ve also got GM Financial growing their prime lease business."

February sales were up 13-percent at Chrysler and 14-percent at Ford.

Auto/Economy
4:37 pm
Tue March 1, 2011

Consumer Reports calls Chevy Volt a "tough sell"

Credit user mariodo / creative commons
Consumer Reports says the Volt doesn't make sense for the price.

In its April auto issue, the magazine Consumer Reports calls the Chevy Volt is a "tough sell."

It's not the kind of review GM has been accustomed to after the car was released with much fanfare.

The Volt was named "Car of the Year" at the Detroit Auto Show.

The Detroit News says that harsh review from Consumer Reports questions whether the car makes "economic sense."

David Champion, the senior director of Consumer Report auto testing center said:

"When you are looking at purely dollars and cents, it doesn't really make a lot of sense. The Volt isn't particularly efficient as an electric vehicle and it's not particularly good as a gas vehicle either in terms of fuel economy. This is going to be a tough sell to the average consumer."

The car costs around $40,000, but with a government tax credit (a credit some lawmakers want to turn into a rebate) the cost comes down to around $33,500.

The criticism came from the car's range in cold weather. The Volt's electric motor range is 40 miles under normal driving conditions, but that range dropped significantly when Consumer Reports tested the car in Connecticut this winter - the range dropped to 25 to 27 miles on electric power alone.

A GM spokesman said his range was better in cold weather. Again, from the Detroit News article:

GM spokesman Greg Martin noted that it's been an extremely harsh winter — and as a Volt driver he said he's getting 29-33 miles on electric range. But he noted that in more moderate recent weather, the range jumped to 40 miles on electric range or higher.

Other criticisms of the Volt were its 5-hour charging time, and a heating system that leaves your hands and feet cold.

The magazine gave the Volt praise for its acceleration and for its "taut yet supple ride."

USA Today reports that in the April auto issue, Consumer Reports gives foreign automakers Honda and Subaru top honors with Ford positing the "largest gain" in rankings overall.

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Economy
5:46 pm
Mon February 28, 2011

Engineers in Grand Rapids will design control systems for new U.S. Air Force tank fleet

Credit Boeing
Boeing NewGen Tanker refuels the Boeing family of 737-based air battle management systems. (Boeing photo illustration)

The Air Force announced last week it picked Boeing over rival Airbus to build 179 new planes that refuel other planes while flying. GE Aviation Systems in Grand Rapids will design and build computerized mission control systems for the planes – known as tankers.

GE Aviation Systems General Manager George Kiefer says the contract is a great opportunity for engineers at his company.

“Typically, you’ll end up with – during your career – two or three or four new aircraft programs like this, if you’re lucky.”

Kiefer says the Grand Rapids location will be able to maintain 100 engineering positions thanks to the contract. Over time he says the company will create another 50 jobs. Those new jobs will be spread amongst the group’s facilities in Grand Rapids, Florida and the United Kingdom.

Auto
3:41 pm
Mon February 28, 2011

High-tech rearview mirror maker watching federal regulations that could boost bottom-line

Credit Gentex Corporation
The National Highway Transportation Safety Administration is considering federal regulations that would require all new vehicles to have back-up camera displays by 2014. Gentex’s rear-view mirror display is one option for automakers.

When you think high-tech you probably don’t think about car mirrors. But now you can use your car rearview mirror to open your garage door, see how cold it is outside and call your mom. One of the nation’s leading car mirror manufacturers is Zeeland-Michigan-based Gentex Corporation. New federal safety regulations set to be finalized soon would significantly boost the company’s business.

Gentex designs and builds rearview mirrors with embedded video display; sort of like a TV with picture in picture. The built in screen displays the picture from a tiny camera mounted on the back of a vehicle.  

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