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Author: Jamie L. LaReau, Detroit Free Press

Money

GM hasn’t paid US income tax for years; Ford rarely does. Both get fat refunds. Here’s why

February 28, 2019 Jamie L. LaReau, Detroit Free Press Comments Off on GM hasn’t paid US income tax for years; Ford rarely does. Both get fat refunds. Here’s why

General Motorshas not paid U.S. federal taxes in more than a decade and won’t it forthe next several years.Ford also gets more back than it pays.

Money

GM confirms white-collar job cuts to happen over next two weeks

February 5, 2019 Jamie L. LaReau, Detroit Free Press Comments Off on GM confirms white-collar job cuts to happen over next two weeks

The automaker needs to trim about 4,000 white-collar jobs after buyouts and contractor cuts, in addition to its controversial plant closures.

Money

Cadillac unveils brand’s first electric vehicle ahead of Detroit auto show

January 13, 2019 Jamie L. LaReau, Detroit Free Press Comments Off on Cadillac unveils brand’s first electric vehicle ahead of Detroit auto show

Cadillac furthered its recent product blitz Sunday with a preliminary peek at the brand’s first electric vehicle.

Money

Cadillac rolls out Escalade’s ‘little brother,’ the XT6, at Detroit auto show

January 13, 2019January 13, 2019 Jamie L. LaReau, Detroit Free Press Comments Off on Cadillac rolls out Escalade’s ‘little brother,’ the XT6, at Detroit auto show

General Motors has revealed the Cadillac 2020 XT6,a new three-row SUV that willgoon sale in the spring.

Money

Michigan business FloraCraft hands out $4 million in Christmas bonuses to workers

December 17, 2018December 17, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on Michigan business FloraCraft hands out $4 million in Christmas bonuses to workers

FloraCraft will give each of its 200 full-time employees a share of $4 million in cash and 401(k) gifts. The company has never even had a layoff.

Money

Thousands of Ohio schoolkids plead with GM CEO Mary Barra to keep Chevy Cruze plant open

December 14, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on Thousands of Ohio schoolkids plead with GM CEO Mary Barra to keep Chevy Cruze plant open

About 20 school districts in Ohio near GM’s Lordstown plant launched a letter-writing campaign to GM CEO Mary Barra asking her to save the factory.

Money

The car brands that will cost you the least to repair

December 12, 2018December 12, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on The car brands that will cost you the least to repair

An annual ranking of the most reliable cars and cheapest to repair shows Asian brands at top, but GM, Fiat Chrysler and Ford make a show.

Money

‘It was just a calling’: The miracle gift that saved an auto executive’s life

December 4, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on ‘It was just a calling’: The miracle gift that saved an auto executive’s life

Molly Williams needed a miracle and a kidney to live. Her situation was dire until astranger and an unusual set of circumstances intervened.

Money

Nooses, Nazis and racist slurs tolerated at GM plant, lawsuit says

November 29, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on Nooses, Nazis and racist slurs tolerated at GM plant, lawsuit says

Nine people are suing GM, alleging the company has allowedracial discrimination and has failed to take prompt corrective action.

Money

General Motors buyouts likely to fall short and layoffs loom

November 19, 2018 Jamie L. LaReau, Detroit Free Press Comments Off on General Motors buyouts likely to fall short and layoffs loom

General Motors hoped at least 7,000 white-collar workers wouldtake an employee buyout. Buttherate will likelybe closer to 4,000.

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