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Tom Beaman

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Dairy cows at Michigan State University

Down on the Farm

Michigan has one of the largest dairy markets in the country, but farmers are struggling with an oversupply of milk due to a lack of processing capacity in the state. With new facilities coming online in the next three years, can they hang on?

Big Three Executives: FCA 2019

FCA’s third-quarter profits were $640 million, down from $1.1 billion in 2017. The decline was largely due to an estimated $794-million charge stemming from diesel engine software issues. North American sales continue to bolster the company balance sheet, where the automaker had a 12.9 percent market share.

Big Three Executives: General Motors Co. 2019

In the third quarter of 2018, GM posted a profit of $2.5 billion, compared to a loss of $3 billion during the same period in 2017, which was due to the sale of Opel/Vauxhall in Europe. Sales of all-new full-size trucks are credited with this year’s gains.

Big Three Executives: Ford Motor Co. 2019

Revenue was up 3 percent in the third-quarter compared to the same period in 2017, but overall profits were down $600 million due to challenges in China. Profits from North American operations are up 8.8 percent due to strong demand for trucks and SUVs.

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