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February 28, 2022
These are the stocks posting the largest moves in midday trading.
February 24, 2022
IT and customer services company Majorel will open an office in downtown Detroit within months. Mayor Mike Duggan and City Council President Mary Sheffield announced the incoming downtown tenant in a news conference Thursday morning. Majorel is a Luxemburg-based, 70,000-employee corporation…
February 23, 2022
Detroit City Council on Tuesday unanimously approved a deal that moves forward the demolition of the former American Motors Corp. headquarters site and a redevelopment there.Kansas City, Mo.-based NorthPoint Development LLC plans to raze 1 million square feet of blighted AMC buildings and construct…
February 22, 2022
A new joint venture between Magna International Inc. and LAN Manufacturing Group LLC plans to open a seating plant at the former site of Sakthi Automotive Group in southwest Detroit and create 390 jobs.Magna, a Canadian automotive supply giant, and the Detroit-based, minority-owned supplier expect…
February 21, 2022
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before […]
February 16, 2022
/PRNewswire/ -- The automotive dashboard market size will grow by 17.69 mn units between 2021 and 2026 as per the latest market report by Technavio. However,...
February 16, 2022
/PRNewswire/ -- The automotive dashboard market size will grow by 17.69 mn units between 2021 and 2026 as per the latest market report by Technavio. However,...
February 16, 2022
By Paul Lienert (Reuters) - CelLink, a California startup with a pathbreaking product that replaces traditional wiring harnesses, has closed a $250 mi...
February 10, 2022
/PRNewswire/ -- The automotive interior materials market is expected to grow by USD 26.43 billion from 2020 to 2025, progressing at a CAGR of 4.24% as per the...
February 8, 2022
Southfield-based Lear Corp. saw sales and earnings drop in the fourth quarter, but an improved full-year 2021 and a backlog about equal to the largest in company history has executives feeling cheery. The seating and e-systems supplier had net sales of $4.9 billion in the fourth quarter, down…