Detroit Free Press / Business

Friday, Oct 20


Watch Amazon pitch videos from 7 cities. Which one is the best?

Detroit Free Press

So which city has the best Amazon pitch video? The deadline has passed for cities to submit their confidential proposals to be Amazon.com's second headquarters, but their video bids — many of which were posted publicly online — will live…

Thursday, Oct 19


Detroit a sleeper candidate for Amazon, but not likely in the lead, analyst says

With bids for Amazon's second headquarters due Thursday, national oddsmakers are continuing to give Detroit some downbeat advice: Don't get your hopes up. Most analysts' rankings of potential winners of Amazon's new headquarters place…

Saturday, Oct 14


Ford offers free repairs to address Explorer exhaust gas concerns

Ford says it wants to offer peace of mind to owners of more than 1.35 million Explorer SUVs concerned about exhaust fumes, so the Dearborn automaker will inspect and repair the vehicles, if necessary, for free. Elizabeth Weigandt, Ford's…

Thursday, Oct 12


GM cutting production, jobs at Detroit-Hamtramck plant amid slowing demand

General Motors plans to cut production and jobs at its Detroit-Hamtramck plant as the auto industry continues adjusting to a consumer shift from cars to trucks and SUVs. The company said it expects fewer than 200 of the 1,800 workers — 1…

Tuesday, Oct 10


Why does one dealership charge more for the same car? Dealer group chair has an answer

If you've wondered why the prices for similar cars at different dealerships are sometimes far apart, the head of a national trade group for auto dealers can offer one explanation. And he says the practice is a bad idea. During a talk in…

Thursday, Oct 5


Equifax aftermath: Now do we need to dump Social Security numbers?

The Equifax data breach has generated a brand new, startling buzz: Do we really need to figure out a way to stop using Social Security numbers? Seriously. Is it possible that so many crooks already have our number that there's no other way…

Wednesday, Oct 4


Senate panel moves self-driving car bill, allows 80000 cars to be sold in 3 years

WASHINGTON – On a unanimous voice vote, a Senate committee approved legislation today that authorizes self-driving car makers to sell as many as 80,000 vehicles a year within three years that would be exempt from current safety standards…

Tuesday, Oct 3


Ford CEO Jim Hackett's plan to Wall Street: Fewer models, more electric cars

Jim Hackett laid out an ambitious plan to Wall Street today aimed at refocusing Ford as the automaker tries to stay relevant in a changing automotive and technological landscape that pits it against both traditional foes like GM and Toyota…

Monday, Oct 2


First Drive: 2018 Honda Accord zooms to front of midsize pack with turbos, new features

New technology, advanced safety features and a roomy, comfortable interior propel the 2018 Honda Accord to the top of the midsize sedan class. The base Accord goes on sale this month with a 192-hp turbocharged 1.5L engine. A more powerful…

Sunday, Oct 1

Eminem songs, Bitcoin are hyped investments, but what are the risks?

Detroit Free Press

Daring to dream big is part of the deal these days when it comes to pitching a piece of the action on everything from Eminem to Bitcoin. But before you start seeing dollar signs, know the big risks associated with buzzworthy deals. After…

Wednesday, Sep 20


Dan Gilbert announces plan to bring 24000 jobs to Detroit

Businessman Dan Gilbert offered new details today of a massive, $2.1 billion plan for four downtown Detroit developments that he said would create as many as 24,000 jobs and transform the city skyline. Gilbert, founder of mortgage giant…

Tuesday, Sep 19


Ford's Michigan Assembly, Flat Rock plants face temporary shutdowns

Ford Motor Co. is planning temporary shutdowns at five plants this year, including at Michigan Assembly in Wayne and Flat Rock Assembly, where the Mustang is produced. The plans reflect changes in consumer demand for cars and trucks. "We…

Sunday, Sep 17


Tompor: 2 big Michigan credit unions hit with lawsuits regarding overdraft policies

"Attention: Credit Union Members," state the bold red letters in a newspaper ad. "Has your credit union assessed multiple overdraft charges when you believed you had a sufficient balance?" The ad by the Michael B. Serling law firm seeks…

Thursday, Sep 14

Amazon plans another metro Detroit fulfillment center

SHELBY TOWNSHIP, Mich. — Online retailer Amazon.com plans to open another new fulfillment center in metro Detroit. The Seattle-based company announced Thursday that the center will open next year in Macomb County's Shelby Township and will…


Can I get one for Halloween? Ford driver wears seat suit to test self-driving reactions

Detroit Free Press

Here's a novel way to test reactions to seeing a driverless car: Try a little subterfuge. Researchers at the Virginia Tech Transportation Institute, working with Ford, had the driver of a Transit Connect van dress up in a "seat suit" last…

Tuesday, Sep 12


The latest in shopping: A fashion store with no clothes

Detroit Free Press

Nordstrom is opening a new store in California next month that's significantly smaller than what the department store chain usually builds and — in a twist — won't be stocking clothing or any inventory at all. Instead, the Seattle-based…


Despite Detroit's desire to be Amazon's HQ2, one analysis concludes pitch will fail

As speculation swirls where Amazon.com might build its second North American headquarters, one analysis this weekend concluded it should be built in the D. Just not our D. The New York Times, under a headline, “Dear Amazon, We Picked Your…

Wednesday, Sep 6


House passes legislation giving feds final say on performance standards for self-driving cars

WASHINGTON – The U.S. House of Representatives today easily passed legislation that gives federal regulators final say over performance standards for self-driving vehicles and could allow for as many as 100,000 such vehicles a year to be…

Wednesday, Aug 30


Cummins, racing against Tesla, unveils all-electric truck

COLUMBUS, Ind. — Engine maker Cummins says it has jumped out in front of Tesla in the race to develop an all-electric engine for large trucks. Cummins Inc. on Tuesday unveiled what the company is billing as the first of its kind zero…

Tuesday, Aug 29


Domino's, Ford to test driverless pizza delivery in Ann Arbor

ANN ARBOR — Soon, the pizza you order from Domino's might show up in a Ford Fusion hybrid without a driver. Domino's and Ford will begin testing the concept today in Ann Arbor, where Domino's is based, to see whether customers like the…

Wednesday, Aug 23


Comcast expands low-cost Internet access program to seniors in Detroit

A link has been sent to your friend's email address. Embed Share In an effort to increase access to the Internet for low-income seniors, Comcast Corp. is announcing Wednesday it is expanding its Internet Essentials program in Detroit to…

Tuesday, Aug 15


Why a sale of Fiat Chrysler to a Chinese buyer could happen

Detroit Free Press

Fiat Chrysler Automobiles, facing the need to catch up to its rivals on both electric vehicles and self-driving car technology, could turn to a Chinese buyer to solve its problems because it has few other alternatives. Analysts say the…

Monday, Aug 14


Chinese automaker reportedly bids for Fiat Chrysler

A Chinese automaker reportedly made a quiet bid to acquire Fiat Chrysler Automobiles, raising the distinct possibility that the traditional member of the Detroit Three that was bailed out by U.S. taxpayers could wind up with Chinese…


Auto industry fights for influence on NAFTA talks

Detroit Free Press

Automakers are embracing the Trump administration's decision to renegotiate the North American Free Trade Agreement as a rare opportunity to push for improvements to the trade deal that would benefit the industry but are concerned about…

Saturday, Aug 12


Questions and answers about NAFTA

The Trump administration faces another test of one of its major campaign promises with the beginning of talks concerning the North American Free Trade Agreement. President Donald Trump has called NAFTA "a disaster," the “worst trade deal…


Does raising the minimum wage help or hurt? Debate is endless

President Harry S Truman quipped that he wanted to find a one-handed economist, because all his economic advisers always gave him "on-the-one-hand, on-the-other-hand" advice. That brings to mind the endless debates over the minimum wage —…

Thursday, Aug 10


Don't be blinded by a scam with eclipse glasses

Detroit Free Press

Eclipse glasses are cheap, maybe $1 to $2 each, and are expected to be sold locally. But consumers are warned to watch out for dangerous knock offs.

Sunday, Aug 6


Auto stocks not getting much love on Wall Street even at Dow 22,000

As Wall Street soars to break one record after another, Detroit's auto stocks remain stuck alongside the road. Many everyday 401(k) investors had no trouble cashing in on low double-digit returns this year, not so much for those with a…


What's next for the UAW defeat after decisive defeat at Nissan in Mississippi?

Detroit Free Press

For the second time in three years, the UAW called a union representation vote at an auto plant in the South — and lost. But the UAW's wide margin of defeat at a Nissan plant in Canton, Miss., is different, and appears to be far more…

Saturday, Aug 5


Nissan workers soundly reject UAW representation in Mississippi

JACKSON, Miss. -- Workers at Nissan's plant in Canton, Miss., soundly rejected UAW representation after a multi-year union organizing campaign, delivering a major blow to the union's organizing efforts in the South. Sixty-three percent of…