Blog tagged as Auto Industry

A strike on Detroit’s Big Three automakers by 143,000 United Auto Workers (UAW) members could result in a total economic loss of more than $5 billion in 10 days, according to a new analysis released by consulting firm Anderson Economic Group (AEG).

(Source: MIRS.news, Published 03/01/2023) The $1.338 billion supplemental bill highlighted by nearly $800 million to prepare 1,800 acres near Marshall for a Ford battery plant, among likely other things, passed the House Wednesday, 59-49, after a full day of closed-door negotiations.

Following concern from several House members that the recently announced deal to build a Ford electric vehicle battery park in Marshall included involvement with a Chinese company . . .

(Source: MIRS.news, Published 02/13/2023)  (ROMULUS) – Ford Motor Company is dropping $3.5 billion to create an electric vehicle battery park in Marshall, which Michigan's economic development corporation is hoping to back with a $210 million state-funded attraction award. 

 

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