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Top News & Analysis Detroit

  • DETROIT— General Motors says its new Chevrolet Cruze diesel compact sedan will get up to 52 miles per gallon on the highway, the best mileage of any car that isn't a hybrid or electric vehicle. The 2017 diesel with a six-speed manual transmission and 1.6- liter diesel engine also gets 30 mpg in the city and a combined city-highway mileage of 37, according to...

  • There was always an element of wishful thinking in Kleinfeld's parallel vision, ignoring as it did the flow of semi-manufactured aluminium products out of China. The physical export flow of "semis" has steadily increased with over four million tonnes leaving China in both 2015 and 2016.. And, equally significantly, the two main trading venues of London and...

  • NEW YORK/ NORTH CHARLESTON, S.C., Feb 13- Boeing Co faces its first union vote on Wednesday at its aircraft factory in South Carolina, a high-profile test for organized labor in the nation's most strongly anti-union state. The world's largest planemaker is running a hardball campaign against the International Association of Machinists and Aerospace Workers,...

  • CLEVELAND— Opponents of a high-pressure natural gas pipeline expected to be built across the northern half of Ohio are clinging to the wings of a furry flier, the northern long-eared bat, in their efforts to at least delay the $2 billion project. The existence of the threatened species remains one of the impediments the partnership between Houston- based...

  • SAN FRANCISCO— Ford Motor is spending $1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021.. The big bet announced Friday comes just a few months after the Pittsburgh startup, Argo AI, was created by two alumni of Carnegie Mellon University's...

  • SAN FRANCISCO— Ford Motor is spending $1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021.. The big bet announced Friday comes just a few months after the Pittsburgh startup, Argo AI, was created by two alumni of Carnegie Mellon University's...

  • DETROIT— Family spokesman: Little Caesars Pizza founder Mike Ilitch, owner of Detroit Tigers and Detroit Red Wings, dies at 87..

  • DETROIT _ American Axle& Manufacturing Holdings Inc. on Friday reported fourth-quarter earnings of $46.9 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. American Axle expects full-year revenue in the range of $4.1 billion to $4.2 billion.

  • *Sets aside Y97 bln for $1 bln U.S. fine. TOKYO, Feb 10- Takata Corp on Friday said it expects to post a full-year net loss for the third consecutive year as the Japanese air bag maker anticipates costs related to the biggest automotive product recall in history will eat away at its bottom line. The costs behind the downgrade include a provision for 96.93 billion yen as...

  • Trump may press Abe to do more to level the trade imbalance with Japan during a White House visit or a round of golf,. But the two leaders are unlikely to change the fact that the big cars and trucks that America makes do not sell in Japan. Even Japan's Toyota Motor Corp and Honda Motor Co cannot convince Japanese consumers to buy models that are popular in the United...

  • Aretha Franklin

    The singer says she has one more album planned, with several tracks produced by Stevie Wonder, and will limit herself to "some select things."

  • SAN JUAN, Puerto Rico— Juan Camacho thought he would visit Spain, take a university literature course and get to sleep in more when he retired after nearly four decades as a teacher. Puerto Rico's economic crisis has left the public retirement system with a more than $40 billion deficit and that's pushing elderly people who depend on it back into the workforce.

  • DETROIT _ DTE Energy Co. on Thursday reported fourth-quarter earnings of $131 million. DTE Energy expects full-year earnings in the range of $5.15 to $5.46 per share. DTE Energy shares have risen slightly since the beginning of the year, while the Standard& Poor's 500 index has increased 2.5 percent.

  • DETROIT— Some of America's most popular cars and trucks are made in Mexico— for now. But Mexico's growing share of the auto market is a sore spot for President Donald Trump, who has threatened to impose border taxes on Mexican imports to force companies to make cars in the U.S. Under the North American Free Trade Agreement, Mexico's share of North America's vehicle...

  • A sign points toward a building renting tiny apartments in Seattle.

    Landlord alert: Seattle is hot, but not the hottest opportunity for home-rental investing.

  • WASHINGTON, Feb 7- Japan's Takata Corp is set to plead guilty Feb. 27 in federal court in Detroit to a single felony count of wire fraud to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide, according to a court filing Tuesday. Takata has agreed to pay a $25 million fine, $125 million in a victim...

  • DETROIT— Ford Motor Co.' s biggest SUV is dropping some weight. Ford says the 2018 Expedition is 300 pounds lighter than the previous model thanks to a new aluminum body and a high-strength steel frame. It will be built in Kentucky.

  • DETROIT, Feb 7- Ford Motor Co plans to expand its lineup of sport utility and crossover vehicles in the United States to 13 models from seven by 2020, according to company officials and supplier sources, in response to rapid growth in SUV sales. That shift is equivalent to more than 3 vehicle assembly plants worth of production annually, and is driving other...

  • DETROIT— At an investors' conference during Detroit's auto show in January, confident General Motors executives told investors to expect improved pretax profits for 2016 and 2017, thanks to strong sales in key markets and cost cuts. But Barclays analyst Brian Johnson says GM is at risk should President Donald Trump impose a 20 percent tax on vehicles imported...

  • WASHINGTON, Feb 6- The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission on Monday for allowing used cars to be advertised as "certified" or safe despite being the target of an outstanding safety recall. The FTC reached an agreement in January 2016 with General Motors Co and two dealership companies, Jim Koons...