Michigan owns Tesla stock despite sales ban, report saysThu, 11, Aug 2016
The State of Michigan may have a ban on direct sales of Tesla vehicles, but the Michigan Department of Treasury has 339,623 shares worth $72 million invested for state retirement funds in Tesla Motors stock, according to a published report.
Toyota launches $22 million r&d partnership with University of MichiganWed, 10, Aug 2016
Toyota Research Institute CEO Gill Pratt said today the institute will funnel $22 million into a partnership with the University of Michigan the next four years to boost r&d in artificial intelligence, autonomous driving and robotics.
Average U.S. fuel economy rises slightly in July, study findsMon, 08, Aug 2016
The average fuel economy of new cars and light trucks sold in July in the U.S. edged up 0.1 mpg from the previous month to 25.4 mpg, a University of Michigan Transportation Research Institute report said.
Michigan, Ontario sign collaboration agreement to boost auto competitivenessWed, 03, Aug 2016
Ontario Premier Kathleen Wynne and Michigan Gov. Rick Snyder signed a memorandum of understanding with the Canadian province of Ontario to increase the region's competitiveness in the auto industry.
Autonomous vehicles would need mandatory inspections, NADA exec saysTue, 02, Aug 2016
If automakers hope to avoid liability in crashes involving autonomous vehicles, regular inspections must be mandated, the chief economist for the National Automobile Dealers Association said.
FCA exec says shaving weight from Pacifica meant choosing right materialsMon, 01, Aug 2016
Mike Downey's team at Fiat Chrysler shaved 250 pounds from the 2016 Chrysler Town & Country to create the 2017 Chrysler Pacifica. But the challenge wasn't what to cut, but how to replace a part with something that works better.
Swift growth for Michigan suppliersMon, 01, Aug 2016
The auto industry's rapid rebound since the Great Recession is apparent on a list of Michigan's 50 fastest-growing companies since 2012. Seven are auto-parts suppliers.
Mobis wants to crack into North AmericaMon, 01, Aug 2016
Korea's biggest supplier, Hyundai Mobis, is determined to break into more North American supply chains and is building the capacity to do it.
Diverse Deshler acquires neighbor in private-cap dealMon, 01, Aug 2016
The acquisition of a neighboring competitor from a New York private-equity firm will add to the Deshler Group of suppliers.