Tech and innovation power Detroit's manufacturing revival Similar efforts are under way in Detroit to foster innovation and entrepreneurism. These include the Obama administration's manufacturing innovation institute, called Lightweight Innovations for Tomorrow (LIFT), launched in January, and the philanthropic New Economy Initiative (NEI), an economic development initiative working to build a network of support for entrepreneurs and small businesses. "We don't support entrepreneurs directly, but the ecosystem that does," explained David Egner, executive director of NEI, which has raised $135 million to fund entrepreneurs and programs like LIFT. Egner said that about 20 percent of its recipients are budding manufacturers, making things like heated motorcycle jackets, wooden pallets and carbon dioxide-based coolants for machinery. Meanwhile, Sheppard is proud to be among those working to revive Detroit's manufacturing heritage. —By Bob Woods, special to CNBC.com
Chrysler Facing postwar declines in market share, productivity, and profitability, as GM and Ford were growing, Chrysler borrowed $250 million in 1954 from Prudential Insurance to pay for expansion and updated car designs.[5][6][7] In the 1960s the company expanded into Europe, by taking control of French, British and Spanish auto companies; Chrysler Europe was sold in 1978 to PSA Peugeot Citroën for $1. Chrysler struggled through the 1970s to adapt to changing markets, increased US import competition, and safety and environmental regulation. The company began an engineering partnership with Mitsubishi Motors, and began selling Mitsubishi vehicles branded as Dodge and Plymouth in North America. By the late 1970s, Chrysler was on the verge of bankruptcy. In 1987, Chrysler acquired American Motors Corporation (AMC), which brought the profitable Jeep brand under the Chrysler umbrella. History The iconic Chrysler Building in New York City was company headquarters from 1930 until the mid-1950s Marketing
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
Detroit firefighter shares hundreds of photos showing 'Death of the Motor City' DETROIT, MI - Shane Klug doesn't want to hear ill-informed smack talk about Detroit. The city is far from fixed, and the 40-year-old Detroit firefighter is in a unique spot to document the city's most obvious struggles; he has no reservations about showing the world the parts of Detroit that haven't been touched by redevelopment, but those who aren't from the city are better off keeping their mouths shut, he thinks. "Detroit's like your sibling, like your crazy sister, and you know she's crazy, but no one else better say that about her," Klug said over breakfast at Zeff's Coney Island in Eastern Market. Klug has been fighting fires -- countless fires -- since 2002 in Detroit, a city that's fascinated him since the first time he drove through it with his dad in the '80s. "I'd never seen ruins like this," he said. View full sizeDetroit fire fighter Shane Klug started an Instagram account in 2012, focussing mainly on Detroit's blighted and abandoned buildings. He only wants to tell a story.
Chrysler (brand) Chrysler is an American luxury car brand and the longstanding premium marque of automaker FCA US LLC. Before the 2014 creation of Fiat Chrysler Automobiles by the merger of Fiat S.p.A. and Chrysler, FCA US was known as Chrysler Group LLC, named after its founder Walter Chrysler. Logo of the Chrysler-Plymouth division of the Chrysler Corporation Chrysler 300C Chrysler Pacifica Chrysler's prior slogan was "Imported from Detroit", which debuted in early 2011. Crain's Detroit Business : Subscription Center Photo by St. John Providence Hospital Most of the certified registered nurse anesthetists at St. John Providence Hospital and Medical Center in Southfield and St. The 66 nurse anesthetists who lost their jobs Dec. 31 at St. Over the past couple of years, a number of hospitals in Southeast Michigan have signed contracts with regional or national anesthesiology groups that employ both CRNAs and anesthesiologists. The outsourcing of hospital employees — also including housekeeping, food service, laundry, information technology, supply management and emergency services — is driven by the broader need to reduce costs and improve efficiencies because of federal and private payer reimbursement cuts stimulated by the Patient Protection and Affordable Care Act, or Obamacare. The latest and most contentious example of outsourcing CRNAs occurred Jan. 1 at two local hospitals owned by Warren-based St. Jean Meyer: St. Officials for Ascension Health declined interview requests for this story. St.
Fires burn across Detroit as high winds knock down power lines By the CNN Wire Staff September 8, 2010 7:34 a.m. EDT High winds spread fires in Detroit The fire department responded to 140 calls for wires downFire crews from Dearborn, Warren and Harper Woods assistedHigh winds are believed to have knocked down power lines Are you there? (CNN) -- Firefighters in Detroit, Michigan, grappled with 85 fires in a four-hour period Tuesday night, officials said. "A lot of these fires were due to high winds and downed wires," said Karen Dumas, a city spokeswoman. There were no reports of deaths or injuries, she said. "We had winds from 30-50 mph and have a number of downed power wires," said Detroit Fire Commissioner James Mack Jr. Video: Dozens of homes burned in Detroit Video: Police: Someone setting fires? Mack said that between 8 a.m. and 5:30 p.m. the fire department responded to 140 calls for wires down before the evening outbreak. Detroit firefighters received assistance from fire departments in the neighboring towns of Warren, Dearborn and Harper Woods.
Chrysler Museum — Chrysler Museum of Art Whites moving into Detroit, blacks moving out as city shrinks overall - Crain's Detroit Business White people are moving back to Detroit, the American city that came to epitomize white flight, even as black people continue to leave for the suburbs and the city's overall population shrinks. Detroit is the latest major city to see an influx of whites who may not find the suburbs as alluring as their parents and grandparents did in the last half of the 20th century. Unlike New York, San Francisco and many other cities that have seen the demographic shift, though, it's cheap housing and incentive programs that are partly fueling the regrowth of the Motor City's white population. "For any individual who wants to build a company or contribute to the city, Detroit is the perfect place to be," said Bruce Katz, co-director of the Global Cities Initiative at the Washington, D.C. No other city may be as synonymous as Detroit with white flight, the exodus of whites from large cities that began in the middle of the last century. In the three years after the 2010 U.S. Elizabeth St. St.
Detroit Fires: Nearly 100 Homes Burned By Wind-Whipped Flames Detroit firefighters say downed electrical wires and high winds are responsible for a sudden rash of fires that burned dozens of homes on the city’s east side Tuesday afternoon. No injuries or fatalities were reported, but the flames burned 85 homes, including 18 that were vacant, the Detroit Free Press reported. As many as 50,000 people were left without electricity. Wind gusts of up to 50 m.p.h. were responsible for spreading the flames, according to the National Weather Service. One resident, Louvenia Wallace, 31, told the Free Press she and her children fled their neighborhood and had to stay at a nearby home in a safe area.
Fiat Chrysler Automobiles Corporate governance[edit] The CEO and executive management including twenty-two employees work between Auburn Hills, Michigan and Turin, Italy.[13] The other operating activities of the new group remained unchanged, with manufacturing, design and engineering facilities remaining in Turin, Italy, Auburn Hills, Michigan, United States and other locations worldwide, including Canada, India, Mexico, Brazil, Argentina, Poland, and China. Board of Directors Subsidiaries[edit] FCA carries out its mass-market automotive operations through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles)[15] and FCA US (previously Chrysler Group).[16] Both name changes were announced in December 2014. FCA Italy includes the Italian-based brands that include Abarth, Alfa Romeo, Fiat, Fiat Professional, Lancia and the engine manufacturing subsidiary VM Motori.[17] History[edit] On 29 January 2014 Fiat announced a reorganization and intended merger into a new holding company. Marchionne's death[edit]
Anesthetist job fight reflects health outsourcing trend Almost 70 Metro Detroit nurse anesthetists are set to be out of work Friday due in part to a nationwide trend in which hospitals are increasingly contracting out to private firms entire departments to trim costs. Sixty-eight certified registered nurse anesthetists at St. John Providence Health System hospitals in Southfield and Novi expect to be out of a job because they didn’t agree by a 11 p.m. Southfield attorney David Shea, who represents the group calling itself the “Michigan 68,” said nurse anesthetists were privatized at McLaren Macomb Hospital and Detroit Medical Center hospitals without acrimony because employees were included in the process. Health care providers around the country have been consolidating and contracting out services to improve efficiency in the wake of the 2010 federal Affordable Care Act, which has put pressure on systems to reduce costs because of reductions in reimbursement rates for Medicare services. According to a St. kbouffard@detroitnews.com
2018 Chrysler 100: Chrysler’s first compact sedans in many years? by David Zatz • Updated February 11, 2017 The Fiat Tipo, shown in May 2015, previewed both the first sedans made on the SUSW (“Small US Wide”) platform/architecture, and the first compact Chrysler since the 1980s. The car will be smaller and lighter than the 2015 Dodge Dart, and likely more competitive in fuel economy and acceleration. (It may not be called the 100.) Think of it as an upscale version of the Mexican Dodge Neon. The Fiat has fairly small engines, but the Chrysler is expected to have a choice of the Chrysler 2.0/2.4 four and (perhaps later) 2.0 turbocharged four-cylinder gasoline engines, both developed in Auburn Hills from the worldwide GME design. Allpar expects the car to have a nine-speed automatic transmission — conjecture based on the Renegade. The Fiat Tipo version has replaced the Linea. The steering wheel and gauge cluster design bear a striking resemblance to recent Chrysler designs, though there are only so many ways to lay out a gauge cluster.