General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
But more than money to pay for demolition, the most important ingredient in today’s debate is imagination. Detroiters need to envision what we want and need along our central waterfront, now that the RenCen is close to 90% empty.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.
Ford Motor Co. and General Motors Co. each donated $1 million and fleets of vehicles to President Donald Trump’s inauguration.  It might not have been enough for a president that craves cash and adoration.
Plans revealed for the Renaissance Center in Detroit focus on accessibility, mixed housing, and a family-friendly destination.
It officially was named Hudson’s Detroit, and Bedrock inked a deal with General Motors Co. to be the anchor tenant in the office component of the development, which sits on the northern portion of the 2.3-acre site at Woodward and Grand River avenues.
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a year earlier, according to data from Benzinga Pro.
General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.
The first of the two side-by-side buildings is now expected to welcome its first office and retail tenants this summer.
Karl Zimmermann, chairman of the Detroit Auto Show, said this year’s show returned its focus to the Detroit community.
Detroit — The constellation of riverfront ... the largest commercial complex by square footage in Michigan. General Motors Co.'s soon-to-be-former headquarters building is at a similar point ...