After a long ascent, last year Domino’s in Ann Arbor Township became the largest pizza company in the world. Now all eyes are on the CEO transition from Patrick Doyle to Richard Allison.
In the third quarter of 2017, GM posted third-quarter losses of almost $3 billion, compared to profits of $2.8 billion during the same period in 2016. The losses were largely the result of one-time charges covering the sale of its Opel/Vauxhall brands in Europe.
Relying largely on the sales of trucks and SUVs, including the iconic F-Series trucks, Ford saw a 63 percent boost in third quarter profits compared to a year ago. The $1.6 billion in earnings came almost exclusively from North American operations.
FCA posted third quarter profits in 2017, bringing in almost $1.1 billion, an increase of some 50 percent over the same period in 2016. The third quarter followed a strong second quarter, where the automaker earned $1.4 billion, more than double the amount from the same period in 2016.
The region’s apartment sector is surging, having recovered from the 2008 global financial crisis and Detroit’s successful run through bankruptcy in 2014.
Detroit’s three casinos, along with land-based operations outstate, are facing growing competition from the Michigan Lottery and its exclusive offering of online gaming options.
New battery-electric platforms, along with the promise of solid-state technology, are powering the emerging autonomous vehicle industry, but reaching a critical mass will have to wait for the next energy crisis.
When it comes to mobility, Michigan is a global leader in autonomous, connected, electrified, and shared vehicle technology, but can it stay ahead of the pack?
