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.
Chris Thomas is a co-founder of Fontinalis Partners, a venture capital firm in downtown Detroit focused exclusively on investing in technology companies that improve next-generation mobility.
A longer runway at Cherry Capital Airport in Traverse City, new golf courses and wineries, upgraded resorts, and revamped marketing campaigns are attracting more tourism in northern Michigan.
Not since Detroit absorbed California hot-rod culture have the Motor City and the Golden State embraced each other so tight. The quest to perfect self-driving cars and find innovative mobility solutions made it happen. Is this the biggest story in American business?
