Detroit Free Press / Business

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Ford management shakeup: Galhotra replaces ousted president of Ford N. America

Ford Motor Co. announced a new senior leadership team Thursday morning, led by Kumar Galhotra, who moves over from heading Lincoln to replace Raj Nair as Ford North America president. The management changes come on the heels of an…

Wednesday, Feb 21


Get your tax refund before you file? Here's why it's happening

A new growing, tax scam could compromise your bank account. Crooks steal IDs, file fake returns and now use real bank accounts for direct deposit.

Monday, Feb 12


Art Van Elslander, founder of Art Van Furniture, dies at 87

Detroit Free Press

Art Van Elslander, who founded Michigan-based Art Van Furniture and opened his first store in 1959 in Eastpointe, has died. He was 87. Funeral arrangements are pending. More to come. Read or Share this story: http://on.freep.com/2nXEy0C.…


Nick Gilbert, son of Dan Gilbert, to undergo major brain surgery

Most remember Nick Gilbert as the Cavaliers' good luck charm during the 2011 NBA draft lottery

Tuesday, Feb 6


General Motors workers to get $11,750 profit-sharing checks

General Motors said its pretax profits met 2016 earnings, while showing a net loss of $13.5 billion due in part to tax reform and other charges.

Monday, Feb 5


Wall Street opens day with triple-digit loss and rocky start

Stocks kept getting squeezed Monday morning, as the Dow Jones industrial average dropped another 190 points or so in trading early in the day. The Dow was down 194.56 points — or 0.76% — to trade at 25,326.40 points shortly after 10 a.m.…


Ram Trucks ad during Super Bowl using Martin Luther King Jr. audio sparks social media scorn

A Ram Trucks Super Bowl commercial that featured audio from one of Martin Luther King Jr.'s last speeches sparked instant controversy Sunday night on social media, with some criticizing the ad for poor taste for using the late civil rights…

Sunday, Feb 4


Autonomous driving will make car design and driving better, not irrelevant

(This column is based on comments Mark Phelan made to the Lambda Car Club.) The dust had barely settled on Detroit auto show headlines including the rediscovery of the “Bullitt” Mustang, the Detroit debut of the fastest and most powerful…

Thursday, Feb 1


Why optimism is up in the auto industry despite lower January sales

It's like a script from the classic Bill Murray movie “Groundhog Day.” Yet again, truck and crossover vehicles sales buoyed automakers in January — even though overall industry sales are down from a year ago. "Our pickup sales have grown…

Monday, Jan 29


How soon can I get my tax refund? 5 things to know

Free tax help exists online, as well as through groups like the Accounting Aid Society and the AARP Foundation, for many tax filers.


Not a record, but still a strong showing: Detroit auto show attracts more than 800000

With relatively good weather — for January in Detroit, that is — the North American International Auto Show notched an impressive final attendance of more than 800,000 ticketed visitors, officials said. The Detroit auto show at Cobo Center…

Thursday, Jan 25


Fiat Chrysler shows big profit boost for 2017; workers get $5500 each

Fiat Chrysler Automobiles on Thursday released its earnings for 2017, showing profits up 93% for the year and announcing that eligible employees will get profit-sharing checks averaging $5,500 this month. The company, which has its U.S.…

Wednesday, Jan 24


Ford UAW workers will get $7500 profit-sharing checks

Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due to the cost of recalls, lower sales in Asia and commodity costs. Ford posted a full-year profit for 2017 of $8.4 billion,…

Monday, Jan 22


2019 Mustang Bullitt sells for $300K at McQueen charity auction

Molly McQueen cheered from bed as she watched via livestream on her laptop the winning bid of $300,000 for the first limited edition 2019 Mustang Bullitt, all of which went to charity. "How amazing!!!!" McQueen, 30, of Los Angeles emailed…

Saturday, Jan 20


Hits, misses and questions from the Detroit auto show

Here's my perspective on what works, what doesn't and where the jury is out at the Detroit auto show: Hit: Mustang Bullitt. Not many vehicles could overshadow the 475-hp 2019 Mustang Bullitt at Ford's display, but the dented and rust…

Thursday, Jan 18


These vehicles at the Detroit auto show are great for short people

For short people, buying a new car is always a challenge. I'm 5 feet tall and as much as I may love the look of the latest, greatest model, I never let myself get attached too quickly, because the fact is that it probably wasn't built for…

Tuesday, Jan 16


GM sees 2018 profits roughly equal to 2017 with slightly lower US market

General Motors expects its 2018 profit to be "in line" with earnings from 2017, details of which it will report Feb. 6. Analysts are expecting 2017 earnings of between $6 and $6.50 per share, and management indicated the results will come…


Chinese automaker at Detroit auto show: We're coming to the US in 2019

China's GAC Motor vowed Monday at the Detroit auto show to sell cars to Americans by the fourth quarter of 2019, posing an increasingly realistic possibility that a Chinese automaker will finally reach the U.S. market. Although various…


Is 2018 Lincoln Navigator really a truck? Yes, and here's why

Why the Lincoln Navigator was named North American Truck of the Year Monday at the Detroit auto show.

Monday, Jan 15


Nissan Xmotion SUV concept could point to next Rogue

DETROIT – If you're wondering what SUVs will look like in a few years, Nissan thinks it has the answer. It introduced the Nissan Xmotion Concept at the North American International Auto Show, giving it tough, rugged looks with a distinctly…


Here are the 2018 North American Car, Truck and Utility of the Year winners

The Oscars of the Detroit auto show went to Lincoln, Volvo and Honda early Monday. The 2018 Honda Accord was named North American Car of the Year. The Volvo XC60 was named Utility of the Year. The Lincoln Navigator was named Truck of the…


Detroit Auto Show: Volkswagen reveals cheaper, bigger 2019 Jetta

Volkswagen introduced a redesigned Jetta on Sunday at the Detroit auto show, aiming to renew interest in the compact sedan after it was tarnished in the company's global emissions scandal. One thing that might help: more car for less money…


Detroit Auto Show: Ford says it will spend $11 billion in electrification investment

Ford plans to increase its investment in electrification to $11 billion by 2022, Executive Chairman Bill Ford Jr. said Sunday at the Detroit auto show. The company previously announced it would spend $4.5 billion by 2020. "We're going to…

Sunday, Jan 14


Detroit Auto Show: Chevrolet Silverado is bigger, lighter and more connected

Bringing a new, full-size pickup truck from computer image to dealer showroom is an exercise in trade-offs, some of which seem impossible. Make it bigger and brawny enough to climb Pikes Peak, but shed hundreds of pounds so it can maneuver…

Friday, Jan 12


Fiat Chrysler will invest $1B in Warren Truck plant; bring Ram work back from Mexico

Fiat Chrysler Automobiles will invest more than $1 billion to modernize the company's Warren Truck Plant in metro Detroit, adding 2,500 jobs and moving production of its Ram Heavy Duty trucks from Mexico. The changeover is to be complete…

Wednesday, Jan 10


Ford sued in federal court over claims of diesel emissions cheating

Super Duty or Super Dirty? Another lawsuit over diesel emissions was filed Wednesday in federal court in Detroit. This case, filed by a group of Ford F-250 and F-350 Super Duty owners, alleges Ford cheated on emission tests of the diesel…


Will Ford announce plans for a new Mustang Bullitt GT at the Detroit auto show?

Multiple media outlets are predicting in advance of the Detroit auto show that Ford will introduce a new version of the iconic Mustang Bullitt GT. "We have no news to share today but we're excited about the interest in America's favorite…

Saturday, Jan 6


Takata adds 3.3 million air bag inflators to massive recall

Japanese air bag maker Takata is recalling an additional 3.3 million faulty air bag inflators as it expands the largest automotive recall in U.S. history. A Takata brand air bag inflators after it was removed during the recall service is…

Thursday, Jan 4


How does a pitch for a $3,000 advance on your tax refund turn into $500?

Advance loans on tax refunds might not offer as much money as consumers expect to pay bills or cover emergencies. Let's dig into the details.

Friday, Dec 29


GM wins ruling in ignition switch cases

Considered bellwether cases, plaintiffs' lawyers couldn't show sufficient connection to an ignition switch flaw.