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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. The move is scheduled for 2025, but the decision could leave a significant part of the Detroit skyline empty. That’s a significant reduction from RenCen’s 2.3

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Michigan, Cavnue to create corridor for connected and autonomous vehicles between Ann Arbor and Detroit

Green Car Congress

This public-private partnership will explore the opportunity and viability of this project working with state and local partners, stakeholders, and communities across the corridor from Detroit to Ann Arbor. This includes leading test tracks, universities, automotive companies, and key economic anchors.

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GM plans Detroit EV portions bank in former AMC Development

Baua Electric

The development venture is being aided via about $32 million in tax increment financing from the town and $5.1 The automaker’s passion within the 50-acre website used to be first reported via Crain’s Detroit Industry terminating September. The Detroit bank additionally represents a selection of the Moroun logistics empire.

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Robotic Tire Changing Business Goes Bust

The Truth About Cars

A Detroit-based startup hoping to normalize robotic tire changes has filed for bankruptcy, perhaps offering hope to all the humans worried that they're about to be displaced by automation. According to Crain's Detroit Business , RoboTire Inc. million Series A financing round in 2021. Now its status is Chapter 7. "We

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INFINITI selects 9 Internet of Things (IoT) and smart city startups for INFINITI LAB program in Canada

Green Car Congress

million in funding between them, and during the program they will receive education, mentorship and access to technology from corporate and technology partners including new partners IBM Canada and TribalScale, and existing partners including Techstars, OMERS Ventures, and the City of Toronto. The nine participating startups have raised $2.7

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UAW Announces Another Strike Expansion

The Truth About Cars

By incorporating all three Detroit automakers, something previous eras of union leadership opted against, the UAW is also hoping to play them off each other as contract negotiations continue.& & While layoffs have also been relatively common over the last few years, industry finances are comparatively healthy.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

Girsky, GM vice chairman, Corporate Strategy and Business Development. E-Town is a state-owned enterprise serving as the financing and investing arm of the Beijing Municipal Government with a focus on investing in global technology companies. The transaction is expected to close by the end of the year, pending regulatory approvals.

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