General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
But more than money to pay for demolition, the most important ingredient in today’s debate is imagination. Detroiters need to envision what we want and need along our central waterfront, now that the RenCen is close to 90% empty.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
Detroit — The constellation of riverfront ... the largest commercial complex by square footage in Michigan. General Motors Co.'s soon-to-be-former headquarters building is at a similar point ...
The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.
A look at some of the key business events and economic indicators upcoming next week. GM results General Motors reports its fourth-quarter financial results on Tuesday. Wall Street expects the Detroit automaker earned $1.
The future that Bedrock and GM envisions for the iconic Renaissance Center also includes a park modeled off of Chicago's Millennium Park and the removal of the "Berlin Wall-like" structure that cuts off downtown from the riverwalk.
Plans revealed for the Renaissance Center in Detroit focus on accessibility, mixed housing, and a family-friendly destination.
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a year earlier, according to data from Benzinga Pro.
DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this ...
Karl Zimmermann, chairman of the Detroit Auto Show, said this year’s show returned its focus to the Detroit community.
The first of the two side-by-side buildings is now expected to welcome its first office and retail tenants this summer.