Detroit

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Small Is the New Big
 Small Is the New Big 

Small Is the New Big

Automakers turn attention to the subcompact, abroad and at home

(Newser) - Ever-increasing gas prices, environmental concerns and demand in developing countries are leading worldwide small-car sales past those of larger counterparts, Newsweek reports. With cars like India’s Tata Nano set to overhaul the auto industry by offering new mobility to millions, US automakers are scrambling to retool their businesses to...

Detroit Mayor Rejects Call for Resignation

Political sex scandal spurs City Council's no-confidence vote

(Newser) - Detroit's beleaguered mayor says he'll stick around, even though the City Council voted today to to call for his resignation. A nonbinding resolution asking Kwame Kilpatrick to step down passed 7-1, the Detroit Free Press reports. "My reaction is, OK, now since it's over, it has no effect, it's...

Aretha Sings Foreclosure Blues
 Aretha Sings Foreclosure Blues 

Aretha Sings Foreclosure Blues

Lawyer's $445 tax mistake puts Franklin's Detroit pad at risk

(Newser) - Aretha Franklin’s mansion is in foreclosure after the Queen of Soul flubbed her taxes, TMZ.com reports. Franklin owes $19,192 in back taxes, but she says she’ll pay before the March 31 deadline. The singer faults her lawyer for a 2005 mistake over $445 in taxes and...

Drugs Found in US Water Supply
Drugs Found in US Water Supply

Drugs Found in US Water Supply

Water drunk by 41M people contaminated

(Newser) - Small amounts of a wide range of prescription and over-the-counter drugs have been found in drinking water used daily by 41 million Americans in 24 major cities. A major AP investigation found pain killers, anti-seizure drugs, angina and cholesterol medications, mood-altering drugs, and other pharmaceuticals in tap water, the water...

Chrysler Loss Deepened After Daimler Split

Filing shows a $2.9B loss in Aug.-Sept. '07, big bonus to CEO

(Newser) - Chrysler lost nearly $2.9 billion in a 2-month period last fall, after its split from Daimler, a filing by the German company shows. The filing by Daimler, which retains 19.9% of the automaker, offers a rare look at how costly the company's reorganization effort has been since it...

Auto Worker Powerhouse Doug Fraser Dead at 91

Ex union boss helped save Chrysler from ruin

(Newser) - Former United Auto Workers president Doug Fraser, who played a vital role in saving Chrysler from bankruptcy, died yesterday at age 91. The cause of death was unknown, but Fraser had been suffering from emphysema, the Detroit Free Press reports. As UAW president during the ’70s and ’80s,...

Obama Debuts $210B Jobs Plan
Obama Debuts $210B Jobs Plan

Obama Debuts $210B Jobs Plan

Democrat proposes $150B for environmental, $60B for infrastructure jobs

(Newser) - Democrat Barack Obama today laid out a $210 billion plan to create 2 million environmental and construction jobs over 10 years. “This agenda is paid for,” the Illinois senator said at a General Motors plant in Wisconsin, adding that the money would come from ending the Iraq war,...

Detroit Brings Broom to Atlanta
Detroit Brings Broom to Atlanta

Detroit Brings Broom to Atlanta

'Sheed carries team early, Billups takes over late in 94-90 win

(Newser) - The Pistons swept their four-game series with Atlanta, winning a close 94-90 game on the strength of Chauncey Billups's fourth-quarter performance. After missing all eight floor attempts in the first three quarters, Billups scored 12 in the final frame, including 10 straight Detroit points to turn a three-point deficit inside-out.

Detroit Mayor to City: I'm Sorry!
Detroit Mayor to City: I'm Sorry!

Detroit Mayor to City: I'm Sorry!

But he won't resign, despite affair and possible perjury charges

(Newser) - Mayor Kwame Kilpatrick apologized to Detroit on television last night following news earlier this month of an extramarital affair that he insisted under oath did not exist. "I want to say to the citizens of this great city: I'm sorry," he said. But despite repeated entreaties for forgiveness,...

Detroit Mayor's Aide Quits in Steamy Text Scandal

Councilors call for probe into $8.4M payout

(Newser) - A Detroit official quit today after steamy text messages linked her to the mayor in an ongoing sex scandal, the Detroit News reports. Christine Beatty regretted "the devastation that the recent reports have caused" and wrote "that I can no longer effectively carry out the duties of chief...

Saucy Texts Could Sink Detroit Mayor

14,000 messages contradict sworn testimony denying affair

(Newser) - Detroit Mayor Kwame Kilpatrick's continuing administration looks doubtful after the emergence of over 14,000 racy text messages between him and his chief of staff. Kilpatrick and his aide, both married during their steamy affair, testified under oath last year that they weren't sexually involved with one another. They were...

GM Sees Light at End of Tunnel
GM Sees Light at End of Tunnel

GM Sees Light at End of Tunnel

Automakers predicts overseas sales and labor savings will pring profits

(Newser) - Overseas sales expansion and reduced labor costs over the next three years will bring “significant” profit increases to General Motors, CEO Rick Wagoner told analysts yesterday. Wagoner also asked investors for patience as share prices continue slipping in a worsening US economy, reports the Wall Street Journal. He said...

Toyota, GM Working on Super-Cheap Models, Too

India's $2,500 Tata has market leaders playing catch-up

(Newser) - Work on the world's cheapest cars is underway at the world's biggest car companies, the Associated Press reports. Toyota and GM announced this week at Detroit's North American International Auto show they are working on inexpensive subcompacts similar to India's Tata Motors' $2,500 car and aimed at emerging markets....

Mitt-mentum: How Far Will It Go?
Mitt-mentum: How Far Will It Go?

Mitt-mentum: How Far Will It Go?

Michigan win showed Romney in his element; can he sustain it nationally?

(Newser) - Mitt Romney finally got his gold medal last night in Michigan, but the win has analysts wondering whether his home-state comeback can carry the country. Michigan was, after all, the land of his father, a three-term governor in the Big Three's glory days; there was a nostalgic haze around the...

Toyota Joins GM in Race for 2010 Plug-In Hybrids

Drivers could recharge cars with normal socket

(Newser) - Toyota, the world's leader in hybrid vehicle production, has geared up to deliver by 2010 a gas-electric hybrid car whose batteries will recharge from a normal electrical socket. With the announcement yesterday at the Detroit auto show, Toyota pits itself against General Motors, which has also pledged a plug-in hybrid...

It's Awesome Baby! Dickie V Returning Feb. 6

Voice of college hoops for ESPN will call Duke-Carolina game

(Newser) - College hoops will soon get its biggest voice back bay-bee! ESPN analyst Dick Vitale,  on the sideline since surgery in December to treat ulcers on his vocal cords, plans to make his broadcasting return on Feb. 6, reports the network.  And there's nothing like returning for a big...

Malibu Wins Car of the Year
Malibu Wins Car of the Year

Malibu Wins Car of the Year

Mazda CX-9 wins best truck at Detroit auto show

(Newser) - General Motors' goal of taking on the Camry and Accord got a boost today as the Chevy Malibu won North American Car of the Year at Detroit’s auto show, CNNMoney.com reports. Its Corvette-inspired twin-cockpit design, and a body shape similar to European luxury cars, has already won media...

Tanker Explodes After Fall From Detroit Freeway

Blaze destroys nearby house, snarls rush-hour traffic

(Newser) - A tanker carrying propane exploded after falling 20 feet off a Detroit freeway during rush hour this morning and slamming to the ground below, the Detroit Free Press reports. The 75-foot fireball engulfed a nearby house, though its occupants escaped unscathed. The truck's cab, still on Interstate 75, burned too,...

Americans Drive Cycle of Auto Debt
Americans
Drive Cycle
of Auto Debt

Americans Drive Cycle of Auto Debt

New cars tempt buyers into larger, longer loans that outlast the vehicle

(Newser) - More and more Americans are entering a cycle of larger, longer, and far riskier auto loans, raising the possibility of a debt crisis similar to the one that has hit the housing market. The Los Angeles Times explores the increasing trend of trading in a used car for a new...

Toyota Poised to Overtake GM
Toyota Poised to Overtake GM

Toyota Poised to Overtake GM

Plans to build 9.95 million vehicles, widen lead as largest automaker

(Newser) - Toyota, the most profitable automaker in the world, says it will increase production by 5% to a record 9.95 million vehicles in 2008, opening up a lead over General Motors, Reuters reports. Toyota, which sold 9.36 million vehicles in 2007, also expects sales to increase 5% in 2008...

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