Post Tagged with: "Michigan"

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GM keeping small car production in the US

GM keeping small car production in the US

After Ford last week announced it would shift away from its Michigan Assembly factory in suburban Detroit the production of two of its compact cars, questions were immediately raised about General Motors small car situation. Now, General Motors chief executive officer Mary Barra has tamed the storm, claiming the largest […]

US: gas price slides below $2 a gallon in Detroit

US: gas price slides below $2 a gallon in Detroit

The lower global demand for oil, coupled with the continued production and planned non intervention from the OPEC and the other world producers have led to a spectacular fall in US gas prices. During the final days before Christmas, Detroit residents will have more cash at hand as the gas […]

Toyota will invest $126M to expand powertrain operations

Toyota will invest $126M to expand powertrain operations

Toyota announced today that it will invest $126 million in the expansion of its powertrain operations in Ann Arbor and also in the consolidation of its vehicle development operations at a new facility close to York Township, Michigan. This plan is taking place after Toyota decided to relocate a number […]