Auto

Detroit Auto Show
1:46 pm
Wed January 12, 2011

Mayor Dave Bing visits NAIAS

The North American International Auto Show, 2008
Corvair Owner Flickr

Detroit Mayor Dave Bing visited the North American International Auto Show today in Detroit. As the Associated Press reports:

The former NBA great toured Cobo Center... checking out the latest offerings from companies including General Motors and Ford. He says a comeback for automakers such as GM, Ford and Chrysler is positive for the city and the state.

Bing is just one of many politicians who have visited the show over the past few days.  Governor Rick Snyder visited the show yesterday and members of Michigan's Congressional delegation, including Democratic Representatives John Dingell, Sander Levin and Gary Peters, have also visited Cobo Center this week.

Read more
Economy
1:15 pm
Wed January 12, 2011

Steelcase to close three North American manufacturing plants

kvanhorn Creative Commons

Grand Rapids office furniture maker Steelcase says it will close three manufacturing plants in North America. 400 workers will be laid off at a plant in the Grand Rapids suburb of Kentwood.

Read more
Detroit Auto Show
6:27 am
Wed January 12, 2011

Snyder: Auto industry is critical to state's future

Governor Rick Snyder
Photo courtesy of www.governorelectricksnyder.com

Governor Rick Snyder visited the North American International Auto Show in Detroit yesterday.  He sat in a Chevy Volt, stopped by the Ford and Prius pavilions, and visited with Fiat-Chryser CEO Sergio Marccione. Rick Pluta was at the show and filed this report:

Governor Snyder cheered the rebound in the auto industry from where it was at this time last year. Snyder says he does not want to play favorites when it comes to economic development -- that Michigan should make all entrepreneurs feel equally welcome. But the governor also says he recognizes how big the car business still looms in the state’s economy. Snyder said:

The role of manufacturing and the auto industry in Michigan’s future is critical. I don’t walk away from it all. Actually, I embrace it. That is part of our heritage. That is something we have world-class people in.

The governor says he will call for lower taxes and less regulation and will reveal more details of his economic plan next week when he delivers his first State of the State address

The show opened for media previews on Monday and opens to the public on Saturday.

Auto/Economy
5:46 pm
Tue January 11, 2011

President's top manufacturing advisor "cautiously optimistic" about US auto recovery

Ron Bloom and Sen. Debbie Stabenow tour Ford's exhibit at the Detroit Auto Show
Sarah Cwiek Michigan Radio

The head of President Obama’s Auto Task Force paid a visit to the North American International Auto show.
 
Ron Bloom is also the President’s top advisor on manufacturing policy. Bloom and Michigan Senator Debbie Stabenow toured Detroit automakers’ exhibits at the auto show.
 
Bloom says the Obama administration is “cautiously optimistic” about the U.S. auto industry’s recovery.
 
He says automakers’ profits are “better than expected," but admits that job growth is slower than he’d like. Still, he’s optimistic.
 

Read more
Auto/Economy
3:26 pm
Tue January 11, 2011

GM plans to advertise during Super Bowl, 2012 Olympics

General Motors is stepping up its advertising budget for major sporting events.   GM says it has reached a deal with NBC to be the exclusive domestic automotive advertiser during the 2012 London Olympics. 


General Motors invested heavily in Olympic advertising in the past, but that spending dipped as the automaker has struggled in recent years. That reduced spending also included the Super Bowl. 

Auto/Economy
12:54 pm
Tue January 11, 2011

"Back to business" theme at Detroit auto show

A Hyundai Veloster displayed at the 2011 North American International Auto Show in Detroit
Sarah Cwiek Michigan Radio

The 2011 North American International Auto Show is in a decidedly upbeat mood.

After two years of somber shows, automakers are rolling out new products and showcasing an unusual level of variety and innovation. And they're bullish about how consumers will respond to all those new choices.

Chrysler might be the poster child for the resurgent feeling at this year’s show.

Last year, the automaker barely had a presence, and Chrysler Brand President Olivier Francois remembered how that felt.

Read more
Detroit Auto Show
7:02 am
Tue January 11, 2011

Stabenow 'excited' for Volt win

Michigan Senator Debbie Stabenow (D)
Photo courtesy of www.stabenow.senate.gov

Michigan Senator Debbie Stabenow visited the North American International Auto Show yesterday in Detroit. The Associated Press reports the Democrat said, "she's excited that the Chevrolet Volt was named Car of the Year," at the show.  The Car of the Year award was announced yesterday morning.  The Ford Explorer won the Truck of the Year award.

Former House Speaker and California Congresswoman Nancy Pelosi was scheduled to attend the show yesterday but canceled the trip after Saturday's shooting in Arizona.

Governor Rick Snyder plans to visit the show with his Lt. Gov., Brian Calley, later today.

Detroit Auto Show
6:49 am
Tue January 11, 2011

Snyder to visit Detroit Auto Show

Governor Rick Snyder heads to Detroit today
Photo courtesy of www.governorelectricksnyder.com

Governor Rick Snyder will visit the North American International Auto Show in Detroit today. Lt. Gov. Brian Calley will also attend.

The two will tour the auto show and meet with President and CEO of the Michigan Economic Development Authority Michael Finney.

Media previews of the show began yesterday.  The show opens to the public on Saturday and runs through January 23rd.

Auto/Economy
5:21 pm
Mon January 10, 2011

GM's Mark Reuss talks about auto industry's future

Mark Reuss talking with Michigan Radio's Jennifer White by phone
Steve Carmody Michigan Radio

Today president of GM North America, Mark Reuss spoke with Michigan Radio's All Things Considered Host, Jennifer White.

The Chevy Volt won the "Car of the Year Award" at the Detroit Auto Show. White asked Reuss why the auto company has put so much into the development of the Volt.

"If you look at the electric and hybrid car piece of the industry, it's been steadily gaining in popularity as time goes on. But what does it take to go beyond hybrid? To go beyond the traditional electric car and produce something that really has an exteded range with the gasoline and the battery on board, so you don't have to worry about an electric engine on board?"

Reuss said they accomplished that with the development of the Volt, and that GM remained focused on the Volt through some rough times.

When asked about the prospects for the new car market, Reuss was upbeat because he says there are a lot of people driving older cars, so there's "pent up demand" for new cars:

"And the reason why I say this is because if you look at the cost to operate some of the newer vehicles from a fuel efficiency standpoint, they're much, much lower than some of the vehicles these people are forced to hang onto."

Reuss said, in the past, the company has been good at engineering and building trucks and some of the "truck variants," but today they're re-focusing their efforts on smaller cars: 

"We have refocused with the launch of things like the Volt, and the Sonic for Chevrolet, and then the  Verano for Buick. We've really refocused our efforts into excellence in the small and compact car markets. And you're going to see those as really good alternatives in the market as we go forward."

Reuss was asked how he views the automotive industry today. Here's his response:

Auto/Economy
5:09 pm
Mon January 10, 2011

GM's Chevy Volt is more than a car - it's a technological strategy

The Chevy Volt received a charge with today's "Car of the Year" award.
General Motors

For people who follow the car business, the big news coming from the North American International Auto Show on Monday was no surprise.    

Still, GM employees enthusiastically cheered and applauded the announcement.

The Volt is GM’s extended range electric car.  GM has big plans riding on the electric car’s small frame.  In fact, the Volt is more than a car for GM. It’s an entire strategy.

Read more
Economy
4:23 pm
Mon January 10, 2011

Report says Michigan consumers, businesses will pay more if health care law is repealed

A new report says repealing the federal health care law will cost Michigan consumers and small businesses a lot of money.

PIRGIM, the consumer advocacy group that issued the report, says individuals could see their premiums go up by 20% by 2016 if the repeal goes through. The repeal would also increase the cost of offering employer-based health insurance over the long term by more than $3,000 a year.

Meghan Hess is with PIRGIM. She says rolling back the law "would also terminate the establishment or expansion of over 184 community health centers across the state, and these community health centers help fill gaps in access to care, giving more people the ability to seek preventive care instead of going to the emergency room."

Attorneys General in Michigan and at least twenty other states have filed a lawsuit challenging the health care law.

Read more
Auto/Economy
1:07 pm
Mon January 10, 2011

Ford goes small and electric with its "C-segment" vehicles

Ford Motor Company, Executive Chairman Bill Ford charges the Ford Focus Electric during the vehicle's reveal in New York City, Friday, Jan. 7, 2011.
Ford Motor Company

Not to be outdone by GM and Nissan, Ford Motor Company says it is delivering on a promise to make more small, fuel-efficient cars for consumers.

At the North American International Auto Show today, the company is showcasing 10 new "C-segment" cars. The company says the vehicles are "fuel efficient smaller cars that people really want."

Read more
Detroit Auto Show
12:30 pm
Mon January 10, 2011

Chevy Volt, Ford Explorer win NAIAS awards

The Chevy Volt wins "Car of the Year"
Charles Manley Michigan Radio

Update 11:33 a.m.:

Here's a video of Carl Brower, editor-at-large of Edmunds.com talking about the Chevy Volt winning the "Car of the Year Award."

Update: 10:11 a.m.:

Michigan Radio's Steve Carmody spoke with Edmunds.com editor-at-large, Carl Brower. Brower headed the jury of auto industry journalists who picked the Volt. Brower said:

"I think the Volt represents not only a break from traditional drive train technology, but a break from the manufacturing image. It's a hybrid plus. It's beyond a hybrid. And I don't know how many people would have believed that a big domestic auto maker like GM could pull this off a few years ago."

8:23 a.m.:

It's just been announced that the Chevrolet Volt has won the 2011 North American Car of the Year at the North American International Auto Show.  The Ford Explorer won truck of the year. The awards were announced this morning.

The Associated Press reports:

Finalists for the car award were the Volt, Hyundai Sonata and Nissan Leaf. Truck finalists were the Dodge Durango, the Explorer and Jeep Grand Cherokee. Forty-nine auto journalists from the U.S. and Canada made the picks. The vehicles are judged on innovation, design, safety, handling, driver satisfaction and value.

The NAIAS opened this morning for media previews.  The show is open to the public on Saturday and runs through January 23rd.

Auto/Economy
12:28 pm
Mon January 10, 2011

Marchionne says he expects a Chrysler IPO later this year

Sergio Marchionne talks with reporters at the North American International Auto Show in Detroit.
Steve Carmody Michigan Radio

Michigan Radio's Steve Carmody just attended a press conference with Fiat and Chrysler CEO Sergio Marchionne.

Marchionne told reporters that his goal is to pay back the government loans by the end of this year.

Chrysler owes around $7.5 billion to the U.S. government.

He said he was heartened by the response to GM's IPO last year and the investor interest in the auto industry makes a Chrysler IPO more likely.

Read more
Auto/Economy
11:32 am
Mon January 10, 2011

Chrysler proclaims a "resurrection"

CEO Sergio Marchionne says Chrysler is back.
user dgtmedia-simone wikimedia commons

Chrysler made the case for its self-proclaimed "resurrection" at the North American International Auto Show.

The company put on an optimistic show as it debuted 16 new Chrysler products. The automaker had only a bare-bones presence at the auto-show last year.

Sergio Marchionne is Chrysler's CEO. He said the display shows the company is once again a viable competitor in the North American car market:

Read more
Auto/Economy
11:17 am
Mon January 10, 2011

Report: Ford to hire more workers

The Wall Street Journal and the Detroit Free Press are reporting that Ford plans to announce the creation of 7,000 more jobs at today's auto show. From the Wall Street Journal:

Ford Motor Co. on Monday is expected to announce it will hire 7,000 workers in the U.S. over the next two years, according to a person familiar with the matter. Ford President of the Americas Mark Fields is expected to confirm the news at the auto maker's presentation before the North American International Auto Show in Detroit, this person said.

Read more
Auto/Economy
10:23 am
Mon January 10, 2011

Images from the Auto Show

A banner hanging outside the auto show early this morning.
Steve Carmody Michigan Radio

Michigan Radio's Steve Carmody was up early this morning taking some pictures at the auto show. You can scroll through them above, or check out this little video below:

The 'press preview' of the auto show is taking place today and tomorrow.  The show opens to the public on Saturday, January 15th.

Detroit Auto Show
7:29 am
Mon January 10, 2011

Media preview begins today for the North American International Auto Show

The North American International Auto Show, 2008
Corvair Owner Flickr

The North American International Auto Show begins this week in Detroit. It opens to the public on Saturday and runs through January 23rd. The media, however, get a preview of the show beginning today. It's the biggest annual media event in the state as thousands of journalists from around the world travel here to cover the show.

Michigan Radio's Tracy Samilton gave us a preview:

The auto industry had two bad years in 2009 and 2010, and so did one of its biggest shows: the North American International Auto Show. Some car companies like Porsche didn't even have displays.  But, Porsche is back, and so are some of the traditional glitz and optimism.  Baron Meade, Chairman of the show, said, "I would set the stage of this show as the start of the next real Golden Age of the Automobile."

Michigan Radio's Tracy Samilton, Sarah Hulett, Sarah Cweik and Steve Carmody will all be reporting from the show throughout the next couple of weeks.

Auto/Economy
3:00 pm
Sun January 9, 2011

Toyota invests $50-million in new safety research center in Ann Arbor

 Toyota Motor Corporation has launched a new $50-million dollar safety research center in Ann Arbor, as the company seeks to recover from last year’s massive recalls of millions of cars. 


The money will pay for research on ways to reduce driver distraction, and better protect the most vulnerable passengers including children.  Chuck Gulash is senior executive engineer at Toyota Technical Center in Ann Arbor. 

Read more
Economy
12:19 pm
Sun January 9, 2011

Michigan has to repay billions it borrowed for unemployment benefits

Michigan borrowed more than $3.8 billion to pay unemployment benefits
Graph courtesy of the U.S. Bureau of Labor Statistics

Michigan and several other states have had to borrow money from the federal government to pay for unemployment benefits. And now, the federal government wants states to repay.

Unemployment benefits are funded by Michigan businesses through a payroll tax.  When the recession caused the state’s unemployment rate to skyrocket (as high as 15% at one point), the state had to borrow more than $3.8 billion to pay jobless benefits.

Read more

Pages