Month: February 2022

DETROIT — Ford Motor Co. is creating a new subsidiary to market and manage its mobility tech hub in downtown Detroit to make the innovation district Ford “agnostic,” a company executive told Crain’s Detroit Business, an affilaite of Automotive News. Ford has formed Michigan Central Innovation District LLC, which will manage how the Ford-owned Michigan
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DETROIT — With the financial pain of the global microchip shortage largely behind them, General Motors and Ford Motor Co. are racing to become leaders in electric vehicles even faster than planned with the help of growing profits from their internal combustion vehicles. Last year’s results — record adjusted earnings for GM and nearly $18
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