By selling more plug-ins than their competitors, Tesla and GM are on the verge of crossing a threshold that will mean the end of $7,500 tax credits many of their customers have counted on, creating a considerable price advantage for their rivals.
Korean brands secured the top three spots in J.D. Power's annual report card on new-vehicle quality for the first time in the study's 31-year history. New quality at the Detroit 3 continues to improve faster than the overall industry.
Ford leaders portrayed the automaker's planned rehabilitation of Michigan Central Station as a pioneering facility akin to the Highland Park and Rouge plants Henry Ford built that revolutionized automobile production and American industry.
Ford CEO Jim Hackett stopped a planned 10-year Dearborn campus renovation to give it a 'much healthier' design. The project eventually included the establishment of an autonomous vehicle development campus in Detroit, anchored by a long-blighted train station.
Ford's purchase of a blighted former train station in Detroit as the centerpiece of an urban technology campus carries symbolism that factored into the decision to undertake such an ambitious rehabilitation project.