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General Motors announced Monday it will delay the return of a 2nd shift at its Fairfax Assembly Plant in Kansas City, Kansas.
A seemingly ever-changing landscape of potentially higher tariffs, labor shortages, increased material costs and elevated interest rates are among the factors that may have contributed to the ...
Learn why unattractive fundamentals, tariff headwinds, and high valuation signal poor risk/reward despite a recent rally.
The shift shutdowns impact GMC Hummer EV Pickup, SUV, Cadillac Escalade IQ, and IQL production at the Factory Zero plant ...
Morton, too, said that the effect of tariffs and a slowdown in EV production are both holding up new construction in the Detroit industrial market. As Morton says, a good portion of the industrial ...
Automotive supplier Akebono Brake Corp. is planning to lay off 48 employees at its engineering center in Farmington Hills due to a decline in its U.S. business.
Michael MacGillivray had planned for months to replace his gas-powered Ford Bronco with an electric vehicle. As a certified public accountant, he followed congressional debate over President Donald ...
Despite a wave of acquisitions this year, Michigan remains a strong manufacturing hub, with some of the largest companies still calling the Great Lakes State home. Steelcase shocked Grand Rapids at ...
A few days ago, General Motors cut back production of the GMC Hummer EV and Cadillac Escalade IQ at its Detroit-Hamtramck ...
DETROIT— “General Motors is making strategic production adjustments in alignment with expected slower EV industry growth and ...
General Motors will temporarily lay off 360 employees at its Factory Zero Detroit-Hamtramck Assembly Center. The automaker ...