Ford declares dividend
DEARBORN–The board of directors of Ford Motor Company today declared a second-quarter regular dividend of 15 cents per share on the company’s outstanding common and Class B stock. The dividend …
DEARBORN–The board of directors of Ford Motor Company today declared a second-quarter regular dividend of 15 cents per share on the company’s outstanding common and Class B stock. The dividend …
ROCHESTER HILLS—Fanuc America, a supplier of robotics and factory automation, introduced the new M-1000iA robot capable of handling very heavy products including automotive components, construction materials and battery packs for …
DETROIT—General Motors Co. (NYSE: GM) announced that more than 650 hourly employees at its sites in the United States will transition from temporary to regular full-time employment in January. These employees …
ANN ARBOR—The U.S. auto industry, like the economy at large, couldn’t escape the crosshairs of the COVID-19 global pandemic. But that’s not the only hurdle the industry has to overcome: …
LOS ANGELES—B. Riley Financial Inc. announced the purchase of the assets of Southfield-based Alderney Advisors LLC, a turnaround and dispute resolution firm serving the automotive industry. Terms of the transaction, …
TROY—As the coronavirus crisis continues to interrupt global supply chains, auto dealers are bracing for parts shortages that could undermine hard-fought gains made in customer satisfaction over the past few …
LANSING—Packaging materials supplier ITB Packaging has received a $365,000 Michigan Business Development Program performance-based grant to support a $3.5 million expansion in Holland that is expected to create 65 new …
DETROIT — Ford Motor Co.’s press conference at Monday’s opening Press Preview Days at the North American International Auto Show here offered a peek at its newest cars, trucks and …
NORTHVILLE — The thermal management technology developer Gentherm Inc. (Nasdaq: THRM) reported net income of $28.4 million in the fourth quarter, up from $19.8 million in the same quarter a …
DETROIT — There’s no doubt about the high-tech future of the auto industry, according to the 2015 MichAuto Summit, held Wednesday at Detroit’s Cobo Center. Production components built by 3D …