In Detroit, a city on the brink of bankruptcy, any money-making idea is considered, no matter how wild. That's why the seeming unlikely possibility of...

The Detroit giant is moving its treasury staff to the Mid-West.

DETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said

DETROIT, May 24 (Reuters) - As part of his efforts to solveDetroit's financial crisis, the city's emergency manager KevynOrr has asked for an appraisal of the collection at the DetroitInstitute of...

DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc , both led by media-savvy executives, are trading public jabs over the definition of payback.

DETROIT, May 23 (Reuters) - Chrysler Group LLC and Tesla Motors Inc, both led by media-savvy executives, are trading public jabs over the definition of payback.

DETROIT, May 23 (Reuters) - Chrysler Group LLC and TeslaMotors Inc, both led by media-savvy executives, aretrading public jabs over the definition of payback.

DETROIT, May 23 (Reuters) - Chrysler Group LLC and Tesla Motors Inc, both led by media-savvy executives, are trading public jabs over the definition of payback.

Ally Financial Inc. said Thursday it will pay $2.1 billion to its mortgage subsidiary Residential Capital and the unit's creditors under an agreement reached last week that could move the Detroit-based lender closer to repaying its government bailout

DETROIT, May 23 (Reuters) - U.S. auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thurs

DETROIT (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups.

Eminem's song publisher Eight Mile Style is suing Facebook and its Portland ad agency Wieden+Kennedy for allegedly copying his 2000 song "Under the Influence." The publishing house filed a 12-page formal complaint in a federal court in Detroit

DETROIT, May 23 (Reuters) - Tom LaSorda, the former chiefexecutive of Chrysler Group LLC and Fisker Automotive, islaunching a venture capital fund with racing magnate RogerPenske to invest in technology startups.

DETROIT, May 23 (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in...

DETROIT, May 23 (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in...

DETROIT, May 23 (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups.

Ally Financial Inc. said Thursday it will pay $2.1 billion to its mortgage subsidiary Residential Capital and the unit's creditors under an agreement reached last week that could move the Detroit-based lender closer to repaying its government bailout

DETROIT (Reuters) - Electric carmaker Tesla Motors Inc. on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering. The automaker said on We

DETROIT (Reuters) - Auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.

DETROIT, May 23 (Reuters) - U.S. auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.

DETROIT -- Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early....

DETROIT, May 23 (Reuters) - The Chevrolet Spark all-electricsubcompact car will cost U.S. buyers as much as 38 percent lessthan what it takes to buy its larger sibling, the hybrid Volt,General Motors Co said on Thursday.

DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering.

DETROIT, May 22 (Reuters) - Electric carmaker Tesla MotorsInc on Wednesday said it has paid off its U.S.Department of Energy loan, using money raised last week in astock and notes offering.

DETROIT (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wednesday.

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker...

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker...

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wed

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker...

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wed

DETROIT, May 22 (Reuters) - China's largest auto parts makerand a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy"green" carmaker Fisker...

DETROIT, May 22 (Reuters) - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wed

DETROIT, May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker

DETROIT, May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker

DETROIT, May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker

DETROIT, May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker

DETROIT, May 22 (Reuters) -* Former GM exec Bob Lutz, China's Wanxiang Group offer $20million for Fisker

DETROIT, May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker

DETROIT (Reuters) - Ford Motor Co is adding a week of production at most of its North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share.

DETROIT -- Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and...

The big Detroit automakers are reducing their customary shutdown periods during the summer to accomodate a swell in demand.

DETROIT (Reuters) - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share.

DETROIT, May 22 (Reuters) - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share.

 As was reported by Keith Naughton of Bloomberg, the Big 3 reported double digit sales growth in the US last month, marking a comeback for Detroit automakers.

DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer to buy cash-strapped "green" car company Fisker Automotive this month, people familiar with the matter sa

DETROIT, May 21 (Reuters) - A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matte

DETROIT, May 21 (Reuters) - A boutique carmaker led by aformer General Motors Co executive Bob Lutz and China'slargest auto parts supplier submitted an offer to buycash-strapped "green" car company Fisker Automotive, peoplefamiliar with the matter sa

...in DetroitHere is striking photo of a pile of by-product of processing Canadian tar sands oil, from NY Times:]]>Figure 1: Petroleum coke, a waste byproduct of refining oil sands oil, is piling up along the Detroit River.As the article notes:Detroi

DETROIT (Reuters) - The launch of General Motors Co's redesigned Chevrolet Silverado, the most important since the automaker's bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-size trucks should beg

DETROIT, May 20 (Reuters) - The launch of General MotorsCo's redesigned Chevrolet Silverado, the most importantsince the automaker's bankruptcy and $50 billion taxpayer-fundedbailout in 2009, is on track and advertising for its full-sizetrucks should