Automaker will invest $35 million at the Detroit-Hamtramck plant to build the Cadillac ELR.
Teachers will pay more in their own health care coverage. The district says the two-year deal will save 10-million dollars, ensuring that major programs won’t be slashed.
SAIC Motor Corp., China’s largest automaker and a joint-venture partner with General Motors, is preparing to buy about $500 million worth of stock in the Detroit automaker, according to a newspaper website.
Ford Motor Co.’s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks. It was Ford’s sixth straight […]