Word: detroiters
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...figured GM could help his carmakers save billions of dollars on everything from power trains to transmissions. But the talks fizzled when Ghosn and GM chairman Rick Wagoner couldn't agree on terms--to the relief of Nissan and Renault shareholders, who didn't want Ghosn moonlighting in Detroit. The upshot: Ghosn hasn't given up on a partnership, but for the time being he says he just wants to run his brands. "We're concentrating on putting Nissan back into a position of strong growth and Renault on track to hit its targets for 2009," he says...
...people in their 50s and 60s who are facing the end of a career they love: she looked around for a new one that could put to work the skills she had honed in her first. And that is how last fall found Reeves running for a seat on Detroit's city council...
...about instinct and impulse and a decision at the last minute," she admits. But it was also a savvy move that built on her two biggest assets: fame and a familiarity with the city. Her platform was simple to the point of seeming simplistic: cut crime and promote Detroit as a tourist attraction for music. But after four decades as lead singer of Martha and the Vandellas, Reeves knew how to move a crowd. She campaigned almost as easily as she had once made hits like Heat Wave and Dancing in the Streets. And she won her seat...
...came into force in January 1994. The lion's share of $200 billion of foreign investment that has rolled in since then--two-thirds from the U.S.--went to the north, both to maquiladora assembly operations in border towns and to Monterrey and nearby Saltillo, also known as Little Detroit for the sizable auto investments there, especially by the U.S.'s Big Three. Thirty percent of Mexico's GDP comes from manufactured exports, 80% of that auto related, and the U.S. accounts for 60% of that...
...the” McMansion because there is really only one version sold. Designed (roughly) as a one-fiftieth scale model of the palace of Versailles, with a few elements taken from Cinderella’s Castle, the same McMansion is found all the way from Detroit to Dubuque, and everywhere in between...