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Continental Technology Powers Jeep Wrangler’s New eTorque Mild-Hybrid System

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.

New KPMG Study Shows How Autonomous Vehicle Market Will Affect Locally Tailored Delivery Services

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 Teams with VerdeGo Aero to Provide Electric Power Options for MOBi-One VTOL Aircraft

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 Launches Line of Clothing Geared to the Uniformed Associate Market

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.

Novi’s Stoneridge Forms Strategic Partnership for MirrorEye Installation, Support

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 to Base Aircraft at Gerald Ford Airport in Grand Rapids, Create 66 New Jobs

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.

2019 North American International Auto Show

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.

United Shore in Pontiac Announces Record Year in 2018, Plans to Fill More Than 800 Jobs

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.

Huron Capital’s XLerate Group Adds Two Auction Sites to Portfolio

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.

Hazel Park’s Motor City Industrial Acquires Smith Fastener of West Virginia

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.

Grosse Pointe’s Foster Financial Acquires Lahser Center Office Complex in Southfield

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.
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