DETROIT, Oct 25 - To understand why critics say the market-based tax foreclosure system is failing in Detroit, drive up Desoto Street near the city's geographic center. The street is a mix of older ranch-style...
* 9,000 properties in a land area the size of Boston * Minimum bid was $500 * After 4 days, less than 20 percent sold * Potential homeowners frustrated by speculators DETROIT, Oct 25 -...
Delta Air Lines Inc, which merged with Northwest Airlines last year to form the world's largest commercial carrier, will launch direct, nonstop flights from Detroit to Hong Kong and Seoul, sources reported. Delta will have five flights a week from Detroit to the two Asian cities, starting in June. The U.S. carrier will use boeing...
*Open approach to UAW talks; bondholders to get no more *GM shares nearly 10 percent DETROIT, May 11 - General Motors Corp is open to considering moving its headquarters from Detroit, selling off U.S. plants...
BEIJING, Jan. 13 (Xinhuanet) -- The Hyundai Genesis was voted the 2009 North American Car of the Year at the Detroit auto show on Sunday, while Ford's redesigned F-150 pickup truck took home top honors in the truck category.
Detroit -- The North American International Auto Show (NAIAS), one of world's most prestigious of its kind, opens Sunday in Detroit as a deepened economic recession inflicts deep woes to automakers worldwide and overshadows a possible recovery of US ailing auto industry in the near future.
William Ford, an unemployed auto worker, grew angry and resigned and then angry again when he thought about the political debate that has stalled a bailout for the once-proud automakers that built Detroit.
NEW YORK/DETROIT, Nov 4 - For Detroit's cash-strapped automakers, this is the calm before the storm. The survival of the troubled U.S. industry now depends on the outcome of the U.S. presidential election and a...
NEW YORK/DETROIT, Nov 4 - For Detroit's cash-strapped automakers, this is the calm before the storm. The survival of the troubled U.S. industry now depends on the outcome of the U.S. presidential election and a...
NAIAS could leave Detroit