INSIDER
The auto workers strike will drive up car prices, but not right away โ unless consumers panic
Read full article: The auto workers strike will drive up car prices, but not right away โ unless consumers panicIf the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars โ and not just the ones from Detroit.
Stellantis announces billions will be invested in Canadian operations
Read full article: Stellantis announces billions will be invested in Canadian operationsAutomaker Stellantis says it will invest $3.6 billion Canadian dollars, about $2.8 billion, to upgrade two Canadian assembly plants and expand a research center as it accelerates its long-term electrification strategy.
Stellantis pours billions more into Canada, electric
Read full article: Stellantis pours billions more into Canada, electricAutomaker Stellantis says it will invest $3.6 billion Canadian dollars, about $2.8 billion, to upgrade two Canadian assembly plants and expand a research center as it accelerates its long-term electrification strategy.
Detroit CEOs speak out against racisim, vow to make changes, right social wrongs
Read full article: Detroit CEOs speak out against racisim, vow to make changes, right social wrongsDETROIT Business leaders from some of the nations largest companies gathered Wednesday morning at Detroit City Hall. ORIGINAL STORY: Detroit business leaders speak out against racism, institute plans to combat systemic problemsThe event was coordinated by Detroit Mayor Mike Duggan to speak out against racism and injustice. Dr. Wendell Anthony, President of Detroit Chapter of the NAACPMike Duggan, Mayor of DetroitDetroits NAACP leader Rev. Every one of us has a stake in the harsh reality that is life for minorities in America," Torgow said. Henry Ford Health System CEO Wright Lassiter grew up with civil rights leaders in his home -- his parents marched in Selma in 1965.
LIVE STREAM: 9 Detroit CEOs, including Mary Barra, Bill Ford, Chris Ilitch, speak on racism, injustice
Read full article: LIVE STREAM: 9 Detroit CEOs, including Mary Barra, Bill Ford, Chris Ilitch, speak on racism, injusticeDETROIT Nine CEOs from Detroits biggest companies are coming together to speak out against racism and injustice during a press event on Wednesday morning. The event is planned for 9:30 a.m. -- you can watch it live in the video player above. Who is participating:
Detroit business leaders speak out against racism, institute plans to combat systemic problems
Read full article: Detroit business leaders speak out against racism, institute plans to combat systemic problemsDETROIT The CEOs of nine Detroit businesses were joined with Mayor Mike Duggan and Rev. Wendell Anthony to speak out against racism Wednesday morning. Dr. Wendell Anthony, President of Detroit Chapter of the NAACPMike Duggan, Mayor of DetroitThe group said they believe it is the responsibility of every American to speak out against the racism," and that they stand with the black community in calling for change across the nation.The business leaders said they are committing themselves and their companies to reject and eliminate all forms of bias, racism, sexism and violence. To back up their words, the group said their companies will be investing in programs and policies to help transform disparities that exist, locally and nationally. The group urged government officials to hold accountable all individuals involved with the deaths that have occurred.
Metro Detroits Big Three automakers restart production after being shut down for months
Read full article: Metro Detroits Big Three automakers restart production after being shut down for monthsDETROIT Metro Detroits Big Three automakers -- General Motors, Ford and Fiat Chrysler -- have restarted production after being shut down for nearly two months because of the coronavirus (COVID-19). FCA officials showed Local 4 the work being done inside the Sterling Heights Assembly Plant to mitigate the spread of the virus. Local 4 spoke with current and retired workers to see if they feel safe going back to work. Thats what Im worried about.Ford is using technology to keep workers safe, having them wear watches that vibrate when they get too close to each other. Ford CEO Jim Hackett said the last couple of months have convinced him a reopening can be done safely.