Two Auburn Hills-based companies are pushing the technological envelope by offering Continental’s industry-first, liquid-cooled, 48-volt Eco Drive that contributes to the performance and fuel efficiency of the all-new Jeep Wrangler’s eTorque mild-hybrid technology.
KPMG, an international accounting and auditing firm with a large practice in downtown Detroit, released a study this week during the North American International Auto Show at Cobo Center in downtown Detroit that details expectations for the global autonomous transformation in the retail, automobile, and transportation industries.
ASX in Detroit, which is developing a hybrid electric VTOL Air-Taxi that will free commuters and business travelers from congestion on the road and in the air, today announced it is teaming with VerdeGo Aero in Daytona Beach to apply VerdeGo’s IDEP (Integrated Distributed Electric Propulsion) systems to future versions of ASX MOBi-One aircraft.
Carhartt in Dearborn, which has been providing workwear since 1889, today announced the launch of its Carhartt Company Gear that offers businesses a new line of rugged and durable products. In addition, various trades and business sectors will have access to the retailer’s new “Rugged Professional Series” that offers uniformed associates a sharp and professional appearance.
Stoneridge Inc., a Novi-based supplier of electrical and electronic components for the commercial vehicle and automotive industry, says it has formed a strategic partnership with Velociti Inc. of Missouri to install the Stoneridge MirrorEye camera monitor system on commercial fleet vehicles.
Allegiant Travel Co. announced on Tuesday that it plans to establish a two-aircraft base of operations at Gerald R. Ford International Airport in Grand Rapids in June, a move the airline expects to create at least 66 new jobs.
During Media Days at the North American International Auto Show at Cobo Center in downtown Detroit, several automakers showed off concept cars and new vehicles, including Toyota, Subaru, Volkswagen, and Dodge. Two aircraft companies, ASX in Detroit and Surefly in Cincinnati, also showed off their products.
Ford Expands Collaboration to Digitally Manufacture Parts; Renews Commitment to Global Business Redesign
Ford Motor Co. continued its push to the future at the North American International Auto Show. Today, the Dearborn-based automaker revealed the first digitally manufactured polymer parts resulting from its partnership with Carbon, a Silicon Valley-based digital manufacturing company.
Following a record-breaking year of mortgage loan production in 2018, United Shore in Pontiac today announced plans to hire more than 800 people this year. The company is the No. 1 wholesale lender and a Top-3 overall mortgage lender in America.
XLerate Group, the nationwide auction and remarketing facilitation platform of Huron Capital, a lower-middle-market private equity firm in downtown Detroit, on Monday acquired two entities, Southeastern Auto Auction and Morton Auto Auction. Terms of the transactions were not disclosed.
Motor City Industrial of Hazel Park has acquired West Virginia-based Smith Fastener, increasing the company’s product and service offerings, and broadening its customer base. Terms were not disclosed.
Foster Financial Company Inc., a real estate investment company in Grosse Pointe, today announced it has acquired Lahser Center, a 175,000-square-foot office complex in Southfield located at 26200/26400 Lahser Rd. Terms of the deal were not disclosed.