Blockade of Ambassador Bridge Costs Auto Industry Millions

Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.

Michigan Suspends Licenses of Five Dealers

MACKINAC ISLAND, Mich. — Secretary of State Ruth Johnson has summarily suspended the licenses of five Detroit used-vehicle dealers after her office identified and investigated a web of suspicious auto transactions, reports F&I and Showroom. Secretary of State staff also are cooperating with area law enforcement agencies, including the Detroit Police Commercial Auto Theft Section, ... Read More »

Detroit Automakers Face Speed Bumps as Sales Growth Slows

Detroit’s automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead, reported Reuters. Auto executives say the industry is as healthy as it’s been since being restructured in 2009. But judging by the recent stock performance of General Motors Co, Ford Motor Co and Fiat Chrysler ... Read More »

Cadillac Seeks Brighter Future in New York

Cadillac, long the king of Detroit’s auto brands, is abandoning Motown, reported The Wall Street Journal. General Motors Co. said on Tuesday that its struggling luxury brand will move 50 key employees and its headquarters to New York next year amid a wider effort to carve Cadillac out as a stand-alone business unit with more ... Read More »

Cost of Detroit’s Historic Bankruptcy Reaches $126 Million

The cost of Detroit’s historic bankruptcy has reached $126 million and counting, surpassing the bills the big auto makers faced when they were in similar straits, reported The Wall Street Journal. An internal report on fees to outside advisers shows costs have roughly grown by four times since December when the city reported the total ... Read More »

UAW Elects New Union President; Dennis Williams Wins 98.5% of the Vote

UAW Approves First Dues Increase Since 1967

Marchionne Says London to Have Fiat Chrysler Headquarters

White House Summit Targets Auto City Hardships