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Top News & Analysis Detroit

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  • LANSING, Mich.— Michigan legislators took a step Wednesday to help Detroit collect unpaid city income taxes from residents who work in the suburbs, a move linked to efforts to persuade Democrats from the city to back an elusive $1.2 billion road-funding plan. Legislation overwhelmingly approved by the Republican-led House Tax Policy Committee would require...

  • DETROIT, Aug 18- Most Buick vehicles sold in the United States after 2016 could be imported from China and Europe, according to two sources familiar with parent General Motors Co's plans. Production of the mid-size Regal sedan is likely to shift from Canada to either China or Europe in 2017, they added. Buick is also planning to add two new U.S. models from overseas...

  • DETROIT— A June collision between a Volkswagen SUV and a deer in which a side air bag inflated with too much force has triggered a federal investigation and raised questions about the safety of newer air bags made by Takata Corp. of Japan. In the June 7 crash near St. Louis, the left side air bag inflated in a 2015 VW Tiguan, blowing apart a metal canister.

  • Welcome to the Palo Alto home of the Ford Motor Co., six miles from the headquarters of Google. Meanwhile, in a squat, industrial building in suburban Detroit, a short drive from Ford's headquarters, workers are busy building a small fleet of driverless cars. We're educating both sides, "says Niall Berkerey, who runs the Detroit office of Telenav, a Sunnyvale,...

  • DETROIT— The government is investigating reports of headlight failure in older Ford and Mercury sedans. The National Highway Traffic Safety Administration says Ford has received 3,092 complaints of headlight failure on Ford Crown Victoria and Mercury Grand Marquis sedans from the 2003-2005 model years. The government started investigating after...

  • Most ignition switch victims accepting GM offers Monday, 17 Aug 2015 | 2:22 PM ET

    DETROIT— Most victims of General Motors' faulty ignition switches have accepted compensation offers from the company. Victims and their families are being offered at least $1 million each. General Motors has set aside $625 million to compensate them.

  • DETROIT— A spokeswoman for the owner of Detroit's Packard Plant says photographers brought a tiger, bobcat and two wolves to the property without permission. Kari Smith says the animals were trucked in cages to the site Monday morning. The plant has long been a symbol of Detroit's decline.

  • Police: Stolen replica of Papa John's Camaro recovered Monday, 17 Aug 2015 | 10:02 AM ET

    DETROIT— A Chevrolet Camaro used in promotions for pizza chain Papa John's was found Monday after being among three vehicles stolen from around a Detroit- area event showcasing classic cars, police said. The car turned up on Detroit's west side after a truck that was hauling the car and a trailer for it were recovered Sunday, Detroit police Officer Shanelle...

  • BERLIN, Aug 14- Volkswagen is recalling about 461,300 cars in the United States and Canada to fix a fault that could prevent air bags from deploying. The recall comes as the German group struggles to overcome underperformance in the United States, where the sale of VW-branded cars plunged 10 percent to 367,000 last year, less than half its ambitious target of...

  • LONDON, Aug 14- You don't hear so much about the load-out queues in the London Metal Exchange's warehouse system these days. It's not that the queues to take delivery of aluminum from Detroit and Vlissingen have disappeared. As of the end of last month the waiting time at Detroit was still 328 days and that at the Dutch port 327 days.

  • DETROIT, Aug 13- General Motors Co is boosting production of its highly profitable large SUVs and trucks to a pace that could result in 48,000 to 60,000 additional vehicles for the 2016 model year, in a bid to capitalize on rising demand, sources told Reuters. GM's Arlington, Texas, plant that makes full-sized sport utility vehicles including the Cadillac...

  • United Steelworkers union president Leo Gerard said: " Washington has been asleep at the switch in dealing with China" and called for action against " China's predatory practices" before more U.S. jobs were lost. That state's Republican and Democratic senators both criticized China's devaluation and linked it to the Trans Pacific Partnership trade talks, even...

  • Ford moves commercial truck production to Ohio from Mexico Wednesday, 12 Aug 2015 | 12:01 AM ET

    DETROIT, Aug 12- Ford Motor Co on Wednesday will start building its medium-duty F-650 and F-750 commercial trucks at a Cleveland- area plant, moving production out of Mexico for the first time. The shift to the 41- year-old plant in Avon Park, Ohio means that about 1,000 workers represented by the United Auto Workers union will keep their jobs, Jimmy Settles, UAW vice...

  • Aug 11- Kansas' planned sale of $1 billion in pension obligation bonds will not do much to help the state solve problems in its poorly funded pension plans, according to a report released by Moody's Investors Service Tuesday. Debt service on the bonds is subject to annual appropriation, meaning that Kansas' legislature must decide each year whether to allot money...

  • Aug 11- General Motors Co luxury brand Cadillac aims to increase its annual sales to half a million vehicles worldwide by 2020 from an expected 275,000 this year, Cadillac's top executive said on Tuesday. In a presentation to investors at a J.P. Morgan industry conference in New York, de Nysschen said the brand needs to improve the quality of its dealer network in...

  • DETROIT, Aug 9- It's crunch time for Tesla Motors. The Silicon Valley automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. Tesla had just $1.15 billion on hand as of June 30, down from $2.67 billion a year earlier.

  • Aug 7- Kansas will offer $1 billion of taxable pension bonds in the U.S. municipal market next week in a move that could make investors skittish given a recent default on some bonds in Puerto Rico and credit ratings downgrades in Chicago. Just this week, there was a default on Puerto Rico appropriation-backed bonds, while credit ratings on more than $3 billion of...

  • DETROIT, Aug 5- Shares of Tesla Motors Inc fell about 6 percent on Wednesday after the electric car maker posted a wider quarterly loss and said it may raise more cash to offset heavy spending on expanded production. A recently negotiated credit line can be extended from $500 million to $750 million and should be enough to cover planned investments in California...

  • DETROIT, Aug 5- Tesla Motors Inc's new storage battery business could generate "a few billion dollars" in revenue in 2017, Chief Executive Elon Musk told analysts on Wednesday. The company's new Nevada battery plant is "on track" to begin production in early 2016, Chief Technical Officer J.B. Straubel said. Chief Financial Officer Deepak Ahuja said the company may...

  • DETROIT, Aug 5- Tesla Motors Inc's quarterly net loss widened, and the electric car maker cut its sales forecast for the second time in a year, while spending heavily ahead of the launch of its crossover Model X and the opening of its Nevada battery factory. The company said it lost $184.2 million in the second quarter, compared with a loss of $61.9 million in the...