GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 ...
GM, Gilbert seek state funding for massive overhaul of RenCen, riverfront
Dan Gilbert's real estate company envisions a rightsizing of Detroit's skyline icon for a new era of downtown living.
‘Extortion’ tactic: GM panned for floating five-tower RenCen demo if tax breaks rejected
The automaker confirms its backup plan after bipartisan pushback against allocating public money for a RenCen revamp.
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General Motors to Sell Stake in Lansing EV Battery Plant to LG Energy Solution Amid Strategic Shift
This transaction is anticipated to allow GM to recoup its investment of about $1 billion, according to sources ...
GM floats Detroit education donation in pitch for taxpayer subsidy of RenCen rehab
The automaker's move may attempt to assuage concerns from some lawmakers that it would profit from a redevelopment of its ...
The Associated Press - Business News on MSN11d
Detroit’s iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan
Under the plans, Bedrock would invest at least $1 billion in the property, with roughly $250 million more coming from ...