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The change, which might be the biggest in the history of the auto industry, has major implications for the business and for its workers. U.S. automakers say they sold almost 14 million new cars ...
Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said. Detroit’s striking auto workers want a 36% ...
The company was founded with a paid-up capital of $15,000 ($455,490 in 2019). [2] Henry Ford managed the manufacturing plant at 1343 Cass Avenue and Amsterdam in Detroit; [5] initially with no pay until he left his job at the Detroit Edison Company, after which he was given a monthly salary of $150 ($4,555 in 2019).
Its main complex is located north of Wayne State University. In August 2009, Michigan and Detroit's auto industry received $1.36 B in grants from the U.S. Department of Energy for the manufacture of lithium-ion batteries which are expected to generate 6,800 immediate jobs and employ 40,000 in the state by 2020. [108]
Eric D. Lawrence, Detroit Free Press August 1, 2024 at 4:49 PM More workers at Webasto auto supplier plants in metro Detroit have filed for a union election with the National Labor Relations Board ...
The city of Detroit bought it in 1982 but was unable to find a purchaser or afford environmental remediation for the site and returned it to Chrysler. In 1990 Chrysler began cleanup and demolition of the old plant and built a new factory on the site ("New Mack").
R. L. Polk & Company was a provider of business and marketing information to the automotive industry, insurance companies, and related businesses. [1] It was based in Southfield, Michigan with operations in several other countries, including Canada, Germany, the United Kingdom, France, Japan, China and Australia. [1]
The auto industry is digesting what's about to come under a new Trump administration and in some ways Detroit will win. But there is also uncertainty. Experts: Trump presidency could benefit ...