Hagerty acquires Detroit"s Concours d"Elegance
Hagerty, a longtime provider of insurance for vintage and enthusiast vehicles that has aggressively branched out into events, will retain current concours management to raise the profile of the annual event — scheduled for July 23-25 after a one-ye.....»»
Finalized U.S. EV mileage ratings rule will be a win for automakers, report says
The Detroit 3 and the UAW raised alarms that the original proposal could have resulted in $10.5 billion in automaker fines through 2032......»»
Aging Ram 1500 Classic still plays big role for brand
The pickup launched in 2008 with a cattle drive in downtown Detroit, even before Ram was its own brand, is still kicking 16 years later as the electric vehicle era dawns......»»
Apple acquires another AI startup focused on deep neural network generation
DarwinAI, a company known for making deep neural networks smaller and more efficient, has been snapped up by Apple prior to the release AI features in iOS 18.DarwinAI's technology could be used to bring more AI processing on-deviceGiven its privacy-o.....»»
Group 1 acquires South Carolina Honda, Mercedes-Benz dealerships
The deal brings Group 1's year-to-date total of acquired dealership annual revenue to $1 billion......»»
UAW wins organizing vote at supplier to GM, Tesla, Stellantis
The vote was 42-37 for the UAW at GNS North America in suburban Detroit. The plant employs 110 workers......»»
UAW wins organizing vote at supplier to GM, Tesla, Stellantis
The vote was 42-37 for the UAW at GNS North America in suburban Detroit. The plant employs 110 workers......»»
Battery startup Our Next Energy lays off 37 more employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
Stellantis cuts supplemental workers at Jeep plants in Detroit, Toledo
Stellantis said the unspecified number of cuts followed an operational review. The automaker previously laid off 539 U.S. supplemental workers in January......»»
Battery startup Our Next Energy lays off another 3 dozen employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
How the SARS-CoV-2 virus acquires its spherical shape
For centuries, coronaviruses have triggered health crises and economic challenges, with SARS-CoV-2, the coronavirus that spreads COVID-19, being a recent example. One small protein in SARS-CoV-2, the membrane protein, or M protein, is the most abunda.....»»
Apple’s EV wind down offers reprieve to Tesla, Detroit rivals
The sudden demise of Apple’s electric vehicle program is a bleak sign for the car market. It’s also a welcome boon for automakers themselves......»»
EV startup Lucid Motors gets $6 million state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
EV startup Lucid Motors gets $6M state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
Octopus Deploy acquires Codefresh to drive innovation in continuous delivery
Octopus Deploy announced the acquisition of Codefresh. Codefresh, founded in 2014 by Oleg Verhovsky and Raziel Tabib, is Argo maintainer and leader in Kubernetes CD, GitOps, and CI. The acquisition marks a significant milestone as Octopus strengthens.....»»
EV startup Lucid plans $10M R&D center, 260 jobs in Detroit area
Company representatives are expected to bring a prototype of the Lucid Gravity – the automaker’s planned new crossover vehicle – to Lansing, Mich., for a show-and-tell with public officials Tuesday......»»
Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit......»»
Dana blames UAW strike for $39 million Q4 loss
Dana lost $39 million in the fourth quarter in large part because of the UAW strike, which the company said disproportionately impacted its factories when Detroit 3 assembly plants were shut down......»»
1Password acquires Kolide to improve modern workforce security
1Password announced the acquisition of Kolide, enabling businesses to meet the rising security challenges of the modern workforce that now works from anywhere and on any device. “We’ve witnessed a historic transformation of the workplace that dem.....»»
Ford to reopen Detroit train station starting in June after massive six-year renovation
The restored building is to include a mixture of Ford and other employees as part of its autonomous and EV campus, and part of the plan includes turning some of the top floors into hotel space......»»
Scout Motors, forging ahead as EV growth slows, breaks ground on S.C. plant
The groundbreaking of Scout Motors' $2 billion plant follows the fledgling automaker's decision to set up core R&D operations in Metro Detroit and a number of key hires......»»