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Chevrolet Simplifies ‘Checking In’ with New Vehicle Locate App Feature

Spouses and children frequently are asked to “check in” from time to time while they are away from home. A new feature on the myChevrolet mobile app will make that task easier.

Henry Ford III Joins Ford Foundation Board of Trustees

After more than four decades of Ford family absence, the New York-based Ford Foundation announced that Henry Ford III – great-great-grandson of Henry Ford and great-grandson of the organization’s founder, Edsel Ford – is joining its board of trustees.

JPMorgan Chase Commits $15M to Expand Economic Growth in Detroit’s Neighborhoods

JPMorgan Chase has committed $15 million – part of the company’s $150 million, five-year promise to the city – to support Detroit’s neighborhoods to help more residents benefit from the city’s continued economic recovery.

Beyond Basics Kicks Off National Reading Month on March 1 with Literacy Fundraising Gala in Detroit

Beyond Basics, a family centered, literacy-focused 501(c)(3) nonprofit providing literacy programming in Detroit, Taylor, and Pontiac, has announced its annual gala will take place on March 1 at the Detroit Athletic Club. As part of the organization’s 20th anniversary, the gala’s theme is “Coming Together for Children.”

New Digital Marketing Firm Mainstreet Mob Launches in March, Focuses on Small Businesses

Mainstreet Mob, a new digital and event marketing company, will makes its debut March 10th in Detroit. The platform allows small businesses and shoppers to connect through social media and cash mob events, where people join together to make purchases at local businesses as a show of support.

Report: To grow, Detroit Needs to Expand African-American Middle Class

Detroit Future City, a nonprofit that works to improve the city’s long-term revitalization, has released a report, “Growing Detroit’s African-American Middle Class,” which provides a benchmark through which the African-American middle class can serve as a measure to expand the housing market.

Troy’s North American Bancard, Vend to Offer Integrated Solutions to Retailers

North American Bancard Holdings, a payment technology company based in Troy, and Vend, a cloud-based point-of-sale and retail management software provider in San Francisco, today announced a partnership to offer integrated solutions to retail merchants through NAB's reseller network.

Sterling Heights’ BAE Systems Awarded $575M Contract for Armored Vehicles

BAE Systems in Sterling Heights has been awarded two contract modifications from the U.S. Army worth up to $575 million for the low-rate initial production of the Armored Multi-Purpose Vehicle.

Ford, DTE Energy Partner to Power Dearborn Plant, Other Buildings with Wind Energy

Ford Motor Co.’s Dearborn Truck Plant, its Michigan Assembly Plant in Wayne, several new buildings on the Ford Research and Engineering Campus, and its emerging Corktown campus in Detroit, which includes Michigan Central Station, soon will be powered by 100 percent locally sourced renewable wind energy in collaboration with DTE Energy.

Report: Homeownership for Immigrants in Detroit Could Help Stabilize City, Barriers Still Present

Global Detroit Wednesday released a study that shows immigrant Detroit residents are as eager to become homeowners as nonimmigrant Detroit residents. The findings show a new potential for stabilizing Detroit neighborhoods.

Report: Capital Available for Small Businesses in Detroit, Hamtramck, Highland Park, More Work to be Done

A report identifying sources of capital available to small-business entrepreneurs in Detroit, Hamtramck, and Highland Park, as well as strategies to help them access the capital, was released this week.

Auburn Hills-based FCA’s Fiat Introduces 500L Urbana Edition

The Fiat brand of Auburn Hills’ FCA Wednesday announced the return of the Urbana Edition of the Fiat 500L with new standard features for 2019 and more customization choices.

Chemical Bank Secures Naming Rights to Detroit’s Cobo Center

Detroit’s Cobo Center will have a new name by the end of the year as the Detroit Regional Convention Facility Authority today announced a multi-million-dollar, 22-year naming-rights agreement with Chemical Bank, the largest bank headquartered in Michigan.

Auto-Owners Insurance in Lansing Acquires Capital Insurance Group in California

Lansing’s Auto-Owners Insurance has entered into a definitive agreement to acquire Capital Insurance Group in California. Details of the acquisition were not disclosed.

Detroit East Riverfront Framework Plan Wins AIA Award; Offers Construction Updates

The Detroit East Riverfront Framework Plan has received the 2019 American Institute of Architects Honor Award for Regional and Urban Design, which recognizes the best in urban design, regional and city planning, and community development.

Arbor Asset Management of Ann Arbor Sold to Denver’s Mercer Global Advisors

Arbor Asset Management, an Ann Arbor wealth management firm, has been acquired by Mercer Global Advisors Inc. of Denver, Colo. for undisclosed terms.

U-M Teaching Self-driving Cars to Predict Pedestrian Movement, Funded by Ford Motor Co. Grant

University of Michigan researchers in Ann Arbor are teaching self-driving cars to recognize and predict pedestrian movements with greater precision than current technologies by zeroing in on humans’ gait, body symmetry, and foot placement from data collected by vehicle sensors.

Oakland University William Beaumont School of Medicine Names Interim Dean

Dr. Duane Mezwa has been appointed interim dean of the Oakland University William Beaumont School of Medicine in Rochester Hills, effective immediately. He also serves as the chief academic officer of OUWB for William Beaumont Hospital.
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From Our Partners

3 Types of Cloud Computing and How to Know What’s Right for Your Business

By now, cloud computing is a term that has made its way into everyday business IT discussions. An appropriate cloud computing strategy that fits your day-to-day operations, as well as long-term usability, can be an essential component of business success.
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More »From the Magazine

Industry 4.0

Less is More

A chef pares the menu to boost the bottom line.

Flash Wash

How an automotive photographer used the concept of a car wash to produce rapid images of cars and trucks.

Virtual Care

The telemedicine trend.

Death of a Tradition

After selling Gas Station TV in Detroit, Mark Alhermizi used his technical skills to transform how people share the news and memories of a deceased loved one.

Sprocket City

The first American ‘superbike’ came from Detroit; today, few motorcycles are more collectible.

Heart at Work

Tech entrepreneur Angel Gambino helped Ford Motor Co. establish its upcoming R&D mobility campus in Corktown, but she didn’t stop there.

Food Smart

It's a Duesy

Gilmore Car Museum expects new Duesenberg exhibit to attract more visitors to Hickory Corner

Big Three Executives: General Motors Co. 2019

In the third quarter of 2018, GM posted a profit of $2.5 billion, compared to a loss of $3 billion during the same period in 2017, which was due to the sale of Opel/Vauxhall in Europe. Sales of all-new full-size trucks are credited with this year’s gains.

Big Three Executives: Ford Motor Co. 2019

Revenue was up 3 percent in the third-quarter compared to the same period in 2017, but overall profits were down $600 million due to challenges in China. Profits from North American operations are up 8.8 percent due to strong demand for trucks and SUVs.

Big Three Executives: FCA 2019

FCA’s third-quarter profits were $640 million, down from $1.1 billion in 2017. The decline was largely due to an estimated $794-million charge stemming from diesel engine software issues. North American sales continue to bolster the company balance sheet, where the automaker had a 12.9 percent market share.

Compendium News Links More »

The Outside Media Opine on the Motor City

Let Syrians Settle Detroit

Source: The New York Times

Larry Page Looks Ahead

Source: Fortune

Detroit Homes Still Selling for $1

Source: The Daily Caller News Foundation

You Can Sell a Lot of Cars with a Tent

Source: Bloomberg Businessweek

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

The Death and Life of Detroit

Source: The American Prospect

Obama Pushes False GM Success Story

Source: Investors Business Daily

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