user santoshkrishnan / wikimedia commons

The new GM has been turning a corner of late. It posted three profitable quarters last year:

  • $865 million in the first quarter
  • $1.6 billion in the second quarter
  • $2.1 billion in the third quarter

(still waiting on fourth quarter numbers)

Now, in another sign of financial health, the auto company says it will no longer seek government loans to help it modernize factories:

From the Associated Press:

Chicago Auto Show organizers like Detroit's trend

Jan 25, 2011
Chicago Auto Show

For the second year in a row, attendance at the North American International Auto Show increased.

It's not just good news for Detroit. It could also be good news for Chicago.

The 2011 Chicago Auto Show kicks off in two weeks.

Its organizers say they’re encouraged by the figures out of Detroit where 735,000 people attended this year’s show.

That’s about 20,000 more than last year.

It's not a huge increase, but it is a change from years of steady decline.
Paul Brian works with the Chicago Auto Show, which attracts a lot more people than the Detroit Auto Show. Brian says regional rivalries aside

"It's kind of like whether you’re Army, Navy, Air Force or Marines - everybody’s playing on the same team. If it’s good for the Detroit show, it’s good for Chicago, and New York, and LA, and it’s good for the industry."

After all, buzz is buzz.

Steve Carmody / Michigan Radio

Update 11:30 a.m.:

Steve Carmody called in with this update from the news conference:

GM announced that it will add 750 jobs to its Flint Assembly Plant by adding a third shift. No new hires will be made. The pool of workers will come from two places:

  1. people being reactivated from various layoff pools
  2. workers who would like to return to Flint after they were transferred to another plant

10:21 a.m.:

GM is planning a news conference at 10:30am this morning.

More signs that China's economy is growing.

The Associated Press reports:

General Motors says it sold more cars and trucks in China last year than it did in the U.S. for the first time in its 102-year history.

The company sold 2.35 million vehicles in China. That's about 136,000 more than it sold in the U.S.

The AP report says GM sold 2.35 million vehicles in China - 136,000 more vehicles than it sold in the U.S. in 2010.

The country's population is 4 times bigger than the U.S. population (according to World Bank numbers):

  • China's population: 1,331,460,000
  • U.S. population: 307,006,550

With the New Year, Michigan Radio began a new series called, "What's Working." Every week, we'll take a look at an idea that's helping to improve the state's economy and our lives.

Today, we hear from Joe Faris, founder of Motor City Denim. When the auto industry downsized, auto suppliers were affected. Many of them lost business, got rid of employees, or even went into bankruptcy. What’s left are the suppliers' factories, and a highly-skilled workforce. Faris is working to mold the infrastructure of former, or smaller, auto suppliers into one that can support a fashion industry. Motor City Denim is now a subsidiary of TD Industrial Coverings. TD Industrial Coverings used to only manufacture protective coverings for the robots used to assemble cars. Now, TD industrial is getting ready to also make jeans.

You can listen to the interview here:

Roger Hart / Auto Week

Editors at Auto Week perused the offerings at the 2011 North American International Auto Show and named their top picks.

Executive Editor of Auto Week, Roger Hart, said the show had more than two dozen new models on display, and most had one thing in common:

 "There were no fancy, pie-in-the-sky, dreamlike concept cars. Nearly everything billed as a concept looked as if you could buy one tomorrow at your local dealership and drive it home."

Here are their picks:

BEST IN SHOW: Porsche 918 RSR Concept

Steve Carmody / Michigan Radio

At the Detroit International Auto Show, domestic automakers are celebrating a comeback of their industry. GM and Ford both saw profits last year, and the car makers are expecting a good year this year.

As more proof of the comeback, Bill Vlasic and Nick Bunkley report in the New York Times about profit-sharing checks that are expected to go to GM and Ford workers:

The two big Detroit carmakers will announce profit-sharing checks this month for their hourly workers, perhaps the largest in a decade, company officials and industry analysts say.

The checks are expected to top out at $5,000 at Ford, less at GM.

They report these checks "would be the biggest payout since the $8,000 checks that Ford handed out in 2000." Chrysler, the report says, is not expected to issue bonus checks this year.

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.

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."

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.

user mariodo / wikimedia commons

The winner of the coveted North American Car and Truck of the Year Award will be announced Monday morning at the North American International Auto Show.

The awards are unique in the United States because -- instead of being given by a single media outlet -- they are awarded by a coalition of automotive journalists from the United States and Canada who represent magazines, television, radio, newspapers and web sites. 

The finalists for North American Car of the Year are:

Rep. Nancy Pelosi
Public Citizen / Flickr

Representative Nancy Pelosi, outgoing Speaker of the U.S. House of Representatives, will visit the North American International Auto Show next week in Detroit.

The Democratic Representative from California says she will visit the show on Monday, which is the first day of previews for the media.  The show opens to the public on January 15th and runs through January 23rd at Cobo Center in downtown Detroit.

As the Associated Press reports:

Pelosi says a string manufacturing base is vital to the nation's security and competitiveness. She says Detroit's automakers are central to efforts to grow a "clean, green economy."

The Detroit Free Press reports that Michigan Democratic Representative John Dingell invited Pelosi to the show.

The Fiat Multipla
user corvettec6r / Wikimedia Commons

The auto analysts have weighed in and the car that tops the list (all together now)... The Pontiac Aztek!

Former Car & Driver editor Csaba Csere says of the Aztec:

If you have ever heard that saying that a camel is a horse designed by a committee, the Aztek is the application of that concept to a car.

The Pontiac Aztek
IFCAR / Wikimedia Commons

We asked our Facebook friends to give us their picks for ugliest car of the past decade.

As Tanya M. says, "clearly, beauty is in the eye of the beholder."

That's true Tanya... except when it comes to the Pontiac Aztek (sorry Elizabeth C.!).

If our Facebook friends were stranded on a desert island with twelve strangers, and they were the last ones standing, clearly they would not appreciate being given an Aztek as a tribute to their survival skills.

One one expert calls it "the biggest auto verdict in the state this year."

Danielle Salisbury of the Jackson Citizen Patriot reports a jury awarded James Fairly and his wife Kimberley Fairley $3.5 million in pain and suffering as a result of traffic accident Mr. Fairly was in.

Colorful used cars
Zelda Richardson

Perhaps another sign that the 'Great Recession' is thawing. Lending to people with a so-so credit score is on the uptick - at least in the car market.

The Associated Press reports "the percentage of loans going to subprime buyers rose 8% in the third quarter, their first year-over-year increase since 2007, according to a report issued Tuesday by Experian, a credit reporting agency."

Inside Chrysler's Sterling Heights Assembly Plant
Barack Obama's Flickr photostream

Update: 3:20pm:

The Detroit Free Press reports on what we expected from the announcement at Chrysler's Sterling Heights Assembly Plant.

Chrysler will add a second shift in early 2011 of about 900 additional workers. Many of those workers will be workers who are called back from temporary layoff.

Willow Run Factory and B-24 bombers.
U.S. Army Signal Corps

It was ground zero for the "arsenal of democracy" in the 1940s. Henry Ford built the giant Willow Run factory to manufacture B-24 bombers in World War II. Later GM took over the building making everything from Chevy trucks, the Caprice, the Nova, Corvairs, and transmissions.

Today, the materials inside the plant are being auctioned off as part of the "Old GM's" bankruptcy reorganization (old GM is now known as the Motors Liquidation Company).

Chrysler headquarters in Auburn Hills, Michigan.
flickr user fiatontheweb / creative commons

Today executives at General Motors announced they plan to add 1,000 jobs in Michigan.

Now, Chrysler executives have announced they also plan to add 1,000 jobs.

The Wall Street Journal reports:

Old General Motors Headquaters
Historic American Buildings Survey

General Motors (GM) will be in the news a lot this week, so if you sat out the GM story up until this point, here's a quick summary to get you caught up.

Today's General Motors is not your father's General Motors. The old GM went bankrupt. The company couldn't pay its bills (they had some big ones).

But instead of letting the whole company collapse, a court stepped in to reorganize the auto giant (under chapter 11 bankruptcy).

The court split the old GM in two.

Former GM Wyoming Stamping Plant
Lindsey Smith / Michigan Radio

Michigan Radio's Lindsey Smith covered the auction at the former GM Wyoming Stamping plant. The plant closed in June 2009 as part of GM's bankruptcy.

The auction was held on Wednesday and Thursday of this week. The auctioneers said they'll sell off anything leftover today.

Smith said it was easy to get lost as she took photos of the more than 2 million square foot building. Here's an audio slideshow she put together:

Closeup of Chrysler Logo
Photo by Diego HC/Creative Commons

Chrysler says it narrowed its losses in the 3rd quarter of this year. The automaker reported a net loss of $84 million from July through September. That’s less than half of its $172 million loss in the second quarter. The automaker says this was the third quarter in a row of better-than-expected financial results.

Chevy Volt's plug receptacle
Charles Manley / Michigan Radio

Senator Carl Levin wants to scrap the government's Corporate Average Fuel Economy (CAFE) standard. Auto manufacturers must meet these fuel economy standards for their fleets, or face penalties from the government.

The Obama Administration recently updated the standards.  By 2020, automakers will have to reach an average 35.5 mpg for their combined car and truck fleet.

Inside the Chevy Volt electric vehicle
Charles Manley / Michigan Radio

The Chevy Volt got one step closer to the showrooms this week. The electric vehicle was unveiled to the media.