Detroit: The New Motor City. Detroit, Motown, the Motor City. Michigan and Detroit in particular became the center of the auto industry at the beginning of the twentieth century due to a number of factors. Steel, the Great Lakes shipping industries, and a large and growing workforce all contributed. Perhaps the most striking force though was the unique collection of inventors, dreamers, and designers that made the Detroit area their home.
Ransom E. The Big 3 auto makers, General Motors, Ford and Chrysler were all formed and headquartered in Detroit by 1924. The first sign of any trouble came in 1956, when the Big 3 saw a minor slump in their sales, and the doubling of import sales. During the civil rights movement, the blue collar assembly line economy and inner city social problems proved to be a dangerous mixture. Buyers now wanted smaller more efficient cars, and the Japanese had the best. Detroit was dispirited and its economy was faltering. The UAW and the Detroit Auto Industry Hybrid Cars: A Possible Solution. Anatomy of Detroit’s Decline - Interactive Feature. Mayor Coleman A. Young of Detroit at an event in 1980.
Richard Sheinwald/Associated Press The financial crisis facing Detroit was decades in the making, caused in part by a trail of missteps, suspected corruption and inaction. Here is a sampling of some city leaders who trimmed too little, too late and, rather than tackling problems head on, hoped that deep-rooted structural problems would turn out to be cyclical downturns. Charles E. Bowles, backed by the Ku Klux Klan, was in office for seven months in 1930 before people demanded his removal. Edward Jeffries, who served as mayor from 1940 to 1948, developed the Detroit Plan, which involved razing 100 blighted acres and preparing the land for redevelopment.
Albert Cobo was considered a candidate of the wealthy and of the white during his tenure from 1950 to 1957. Coleman A. Kwame M. Dave Bing, a former professional basketball star, took office in 2009 pledging to solve Detroit’s fiscal problems, which by then were already overwhelming. Detroit, MI Population - Census 2010 and 2000 Interactive Map, Demographics, Statistics, Quick Facts - CensusViewer.
CensusViewer - Graphs & Tables: Race by Age Graph: Population by Age and Race - Detroit, Michigan Graph: Population by Age and Race, 2000 Census - Detroit, Michigan Graph: Change in Population between 2000 and 2010, by Age and Race - Detroit, Michigan CensusViewer - Graphs & Tables: Hispanic/Latino Origin Graph: Population by Age and Hispanic or Latino Origin, 2010 Census - Detroit, Michigan Graph: Population by Age and Hispanic or Latino Origin, 2000 Census - Detroit, Michigan Graph: Change in Population between 2000 and 2010, by Age and Hispanic or Latino Origin - Detroit, Michigan Here's what you get...
PDF Reports for: Census 2010/2000 Race for Detroit, Michigan [SAMPLE] Census 2010/2000 Latino for Detroit, Michigan [SAMPLE] Voter for Detroit, Michigan [SAMPLE] CSV Files for: Census 2010 Race for Detroit, Michigan Census 2010 Latino for Detroit, Michigan Census 2000 Race for Detroit, Michigan Census 2000 Latino for Detroit, Michigan Michigan Voters for Detroit, Michigan. Impact. Auto bailout debate: What's at stake - Nov. 17, 2008. NEW YORK (CNNMoney.com) -- For more than a century, the U.S. auto industry has been at the center of the American industrial economy. Events over the next month could determine if that remains the case.
This week, Congress will consider whether to cough up billions of dollars to bail out the troubled companies. There are loud advocates with strong arguments on both sides. Proponents of a bailout say that the industry is a victim of the global financial crisis. Wall Street has been bailed out, so why not Detroit? They say millions of jobs could be lost and more than $100 billion in wages sliced out of an already-fragile U.S. economy.
"It would be a travesty for the irresponsible, reckless behavior of Wall Street to result in the sweeping away of the American automobile industry," said Mike Jackson, CEO of Autonation, the nation's largest auto dealership group. Indeed, opposition to a bailout is widespread. Whatever Congress decides, it'll have to act fast. What's on the table. TEXT-President Obama's remarks on U.S. auto industry. Calif. Assembly OKs money for gun-seizure program. Details Published on 04/18/2013 - 1:33 pm Written by Associated Press In California, 20,000 people possess firearms illegally. (AP) — Legislation that would expand the state Department of Justice's ability to go after felons, the mentally unstable and others prohibited from owning firearms is one step from the governor's desk.
SB140 by Democratic state Sen. Mark Leno of San Francisco passed the Assembly 57-10 on Thursday. The bill authorizes $24 million for the Armed and Prohibited Persons program so the department can create six teams to seize weapons. The program checks databases to identify people who bought guns legally but are no longer permitted to own them because of a felony conviction, a violent misdemeanor, a determination that they are mentally unstable or a domestic violence restraining order. It is the only such program in the nation. 311 1469 1 PB. "Globalization, Integration, and Cross-Border Relations in the Metropolitan Area of Detroit (USA) and Windsor (Canada)" by Brunet-Jailly, Emmanuel - International Journal of Economic Development, Vol. 2, Issue 3, July 2000. Abstract Focusing on one aspect of international relations, cross-border relations this paper examines the Ontario-Michigan border region at Detroit.
It addresses the following question: Is there a history of trade relations that leads to functional interdependencies? Does free trade, particularly since the Free Trade Agreement and the North American Free Trade Agreement, lead, by a process of functional interdependency, to greater cross-border linkages? Moreover, do politics and institutions mediate this process and if so how? The findings in this paper suggest that since inception the Canadian-American border region at Detroit has developed from functional interdependencies.
It is argued, however, that the free trade environment leads local actors to develop resolute economic development strategies. As central and provincial/state levels of government download policy areas, constraints are greater for local level governments. Introduction. Thai%20MS%20Text. East Asian influx slowly changes East Lansing. East Lansing — Leo Di zipped into the strip mall, ducked into a laundromat to pick up his clothes and left his 2014 Maserati running outside. It's a good life at Michigan State University, the 20-year-old student from China said before jumping back into his $150,000 car to return to campus. "I like the people and their culture," said Di, a sophomore who's studying general management and lives in a campus apartment.
"Maybe I'll even find a job and stay here. " Most college towns don't have a lot of students cruising around in luxury vehicles. But around MSU's campus, it is not uncommon to see students behind the wheel of a Porsche, Mercedes-Benz or Hummer. Often, the student is a 20-something from China — home to MSU's largest group of international students, which has grown almost tenfold over the past decade. The high-end cars signal how the students are changing East Lansing. "One of the themes was to expand international engagement and outreach," Zhao said. Outreach spurs flood.
Forbes Welcome. Forbes Welcome. THE SOURCES OF THE ECONOMIC CRISIS. 5 trends to watch in Michigan's economy. If the prognosticators are right, Michigan's still recovering economy is poised for another round of substantial growth by riding an expected banner year for auto sales. The nation's 10th largest state by population is still making up ground on real estate prices, average personal income and the level of education afforded to its key group of young workers. But the spillover effects of record annual auto sales should continue to boost jobs, especially for those who build homes, serve popular tourist communities and keep government offices running, according to state, business and academic experts. Rip-roaring auto sales will continue to soar to at least 18 million a year in the U.S for the next two years, forecasters from the U-M Research Seminar in Quantitative Economics say.
And declining gasoline prices are expected to pump sales of fuel-thirsty SUVs and trucks, further boosting the profit margins for the Detroit Three automakers. But who will produce the state's new jobs? Detroit Rising: Life after bankruptcy. One year after a federal judge approves Detroit's bankruptcy exit plan, progress has been made while looming challenges remain, especially city pensions The City of Detroit has more than enough cash to pay its daily bills. Thousands of busted streetlights have been replaced. City retirees still receive pension checks, and valuable paintings remain ensconced in the gilded halls of the Detroit Institute of Arts. That's the good news. But a year after a federal judge approved a cost-cutting and reinvestment plan in the nation's largest-ever municipal bankruptcy case, Detroit's financial future still hangs in the balance.
Among the greatest concerns: a multibillion-dollar pension bill that starts coming due in less than a decade. The city is on the hook to make a balloon pension payment estimated at more than $100 million in 2024 alone. So far, the early returns for the investments since the bankruptcy are falling short. It was officially known as a plan of adjustment. None came true. Peter J. We saved the automakers. How come that didn’t save Detroit? It's common for headline-writers to refer to the Big Three automakers — Ford, Chrysler, and GM — as "Detroit.
" The monument to Joe Louis in Detroit, known as "The Fist. " (Paul Sancya/AP) But that metonymy is misleading in a very important way. The fortunes of Detroit the city are no longer tied up with the fortunes of the Big Three automakers. That helps explain why Ford, Chrysler, and GM have all been thriving since the auto bailout in 2009 while the city of Detroit continued to deteriorate and has now just declared bankruptcy.
From 1910 to 1950, Detroit's economy was synonymous with car manufacturing. Even then, much of the auto industry's industrial base wasn't in the city proper. But starting in 1950, automakers began moving more and more of their operations further away. Detroit's auto jobs kept vanishing as the Big Three lost market share to foreign automakers starting in the 1970s. Today, there are only two auto factories left in Detroit. But that's it. Wonkbook newsletter. How Detroit Went Bottom-Up. In the spring of 2005, David Stockman at last reaped the reward of the monopolist. Stockman, who once served as Ronald Reagan's budget director, spent two decades on Wall Street preparing for this moment.
After stints at Salomon Brothers and the Blackstone Group, Stockman in 1999 set up his own private investment fund, Heartland Industrial Partners. He then used Heartland to shape a set of companies -- mainly in the automotive sector -- each dedicated to dominating a particular group of production activities. Of all Stockman's efforts, his most audacious centered on a firm named Collins & Aikman. Stockman used C&A as a vehicle to buy up small producers of interior components like dashboards and seats, and he swiftly captured a position supplying parts to more than 90 percent of all cars built in America. When the time came to choose his first target, Stockman took aim at Chrysler. Unfortunately for Stockman, he appears to have mis-timed his play for a big payday. Advertisement PinIt. Forbes Welcome.