General Motors (NYSE: GM) turned in a strong 2024 on the back of rising sales. In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
Detroit — The constellation of riverfront ... the largest commercial complex by square footage in Michigan. General Motors Co.'s soon-to-be-former headquarters building is at a similar point ...
The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.
Plans revealed for the Renaissance Center in Detroit focus on accessibility, mixed housing, and a family-friendly destination.
The first of the two side-by-side buildings is now expected to welcome its first office and retail tenants this summer.
General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.
The future that Bedrock and GM envisions for the iconic Renaissance Center also includes a park modeled off of Chicago's Millennium Park and the removal of the "Berlin Wall-like" structure that cuts off downtown from the riverwalk.
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a year earlier, according to data from Benzinga Pro.
Karl Zimmermann, chairman of the Detroit Auto Show, said this year’s show returned its focus to the Detroit community.
It officially was named Hudson’s Detroit, and Bedrock inked a deal with General Motors Co. to be the anchor tenant in the office component of the development, which sits on the northern portion of the 2.3-acre site at Woodward and Grand River avenues.
Aptiv, renamed from Delphi Automotive Systems in 2017, was itself spun out as an independent parts supplier from General Motors Co. in 1999 and has the bulk of its $20 billion in annual revenue tied to automotive. That can sting when customers underperform.