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GM and IBM Watson Partner on New Vehicle Mobility Platform

Detroit-based General Motors Co. and New York-based IBM are partnering to bring the auto industry’s first cognitive mobility platform — OnStar Go — to the market early next year.

Livonia’s Virginia Tile Co. Acquires Minnesota Distributor, Expands to 14 States

Virginia Tile Co., a Livonia-based distributor of ceramic tile and natural stone products, has acquired Plymouth, Minn.-based wholesale distributor RBC Tile and Stone. Terms of the deal were not disclosed.

Novi-based Vision Research Debuts New Digital High-speed Camera

Novi-based Vision Research, a manufacturer of digital high-speed imaging systems, has debuted its Phantom Miro N-Series, the smallest model in its line of digital high-speed cameras.

Global Automotive Supplier to Invest $68M in New Chelsea Manufacturing Facility

Madrid, Spain-based Corporación Gestamp, an international supplier of metal parts and assemblies for auto manufacturers, will locate its new chassis, paint, and laser welding line facility in Chelsea. Named Gestamp Washtenaw, the new subsidiary of Gestamp will invest $68 million and create 195 new jobs over the next four years.

Royal Oak-based Marquette Castings to Launch Cast Iron Cookware Line

Royal Oak-based Marquette Castings is launching aits new line of lightweight cast iron skillets that are primarily sourced from recycled iron, and are pre-seasoned.

30 in Their Thirties: Steven Kizy // 30

Steven Kizy is 30 years old, but he’s already been in business more than 15 years. “I started my own business when I was 14 years old,” Kizy says. “I ran a cell phone store out of my dad’s convenience store in Detroit. I’ve always had a passion for business.”

GM Third Quarter Auto Sales Up 10.3%, FCA Remains Steady Year-Over-Year

Dearborn-based General Motors Co. has reported global net revenue of $42.8 billion for the third quarter of 2016, marking a 10.3 percent year-over-year growth, while Auburn Hills-based Fiat Chrysler Automobiles Group saw global net revenue of $29.17 billion, which is in line with its Q3 2015 results.

Saginaw Valley State University Partners with Central Michigan College of Medicine

A new cooperative agreement will grant Saginaw Valley State University premedical students early assurance of admission to the Central Michigan University College of Medicine through the Early Assurance Program.

Chevrolet, Carhartt Partner on New Concept Vehicle

Detroit-based Chevrolet and Dearborn-based work wear brand Carhartt have partnered to introduce a new concept vehicle that features custom Carhartt details and a number of Chevrolet accessories.

Detroit Pistons Launch New Food Offerings at the Palace, Including Brisket, Sausages, and Chicken

As the Detroit Pistons prepare for their home opener at the Palace of Auburn Hills against the Orlando Magic on Friday, the organization will offer several new food options this season, including House O’ Bayne Brisket, selections from Dearborn Sausage Co., and Uncle Joe’s Chicken Fingers.

Metro Detroit Rotary Member to Receive Business Award at UN Event

Larry Wright, a member of Rotary Club of Taylor, will be one of six rotarians from around the world to receive the organization’s 2016 Responsible Business award during Rotary Day at the United Nations next month.

30 in Their Thirties: George Kordas // 33

After graduating from the University of Colorado in 2005 with a business degree, George Kordas began working for Metropolitan Baking Co., a third-generation, wholesale baking company owned by his family. Since then, he’s used his ambition to curate a steady stream of growth for the company.

Report: New Jobs Surge in Southeast Michigan During Second Quarter

With employment expanding by 1.4 percent, or 35,000 jobs, in Q2 2016, the total number of jobs held in southeast Michigan exceeded 2.6 million, which is a new high in employment in the region dating back to 2007, says a new report from the Workforce Intelligence Network for Southeast Michigan.

Energy-Efficient Measures Will Save GM $73M in 2016

In its drive to meet the electricity needs of its worldwide operations with 100 percent renewable energy by 2050, Detroit-based General Motors Co. today announced it will save $73 million in energy costs this year. The effort includes the installation of 186,000 LED bulbs and fixtures across its production portfolio.

Report: September Single-Family Home Permits Fall 35% in Southeast Michigan

The single-family home permit total in southeast Michigan was 35 percent lower in September than August 2016’s revised total of 492 units, and 20 percent lower than September 2015, says a new forecast from the Home Builders Association of Southeastern Michigan in Farmington Hills.
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Compendium News Links More »

The Outside Media Opine on the Motor City

Epiphany in Dearborn

Source: The Economist

Whitacre's Crash at General Motors

Source: Financial Times

Another Chance for Alfa Romeo

Source: Financial Times

Dome Sweet Dome

Source: Bloomberg Businessweek

Detroit, Part One

Source: The Polis Blog

Detroit's Class Act

Source: Fortune

Ed Whitacre's Battle to Save GM from Itself

Source: Bloomberg Businessweek

Hard Choices: Domino's CEO J. Patrick Doyle

Source: Bloomberg Businessweek

Alan Mulally’s Asian Sales Call

Source: Bloomberg BusinessWeek

Can China Save GM?

Source: Forbes Magazine

Thinking About Shrinking

Source: The Economist

Signs of Hope

Source: NYTimes.com

25 Best Places to Retire

Source: CNN Money

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal

The Triumph of Optimism

Source: Economist.com

Henderson's Strategy to Fix GM

Source: Businessweek.com

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal online

How Marchionne Will Run Fiat-Chrysler

Source: Businessweek online

The Waxman-Pelosi Follies

Source: The Wall Street Journal Online

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