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GM Invests More Than $1 Billion In Ramos Arizpe Plant

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Land of Opportunity - DBusiness Magazine

DBusiness Magazine Land of Opportunity Can a red-hot industrial market in the region, driven by nearly unsatiable demand for mobility, e-commerce, and R&D facilities, finally bring about a renaissance in Detroit? Fair Deal: An architectural rendering of Amazon’s Detroit Fulfillment Center to be built on the site of the former Michigan State Fairgrounds near Woodward Avenue and Eight Mile Road. // Courtesy of Amazon With the outbreak of the COVID-19 pandemic last March, Gov. Gretchen Whitmer issued Executive Order 2020-21 directing all “Michigan businesses and operations to temporarily suspend in-person operations that are not necessary to sustain or protect life.” The downside of the order reverberated throughout the state’s economy, resulting in bankruptcies, a sharp runup in unemployment filings, an exodus from offices and schools, and a resulting patchwork of dozens of controversial and conflicting regulations.

This Cadillac Will Be The Company s Last ICE-Powered Vehicle

The clock is ticking. The Cadillac Lyriq may be the luxury brand s first electric vehicle but it certainly won t be the last. In fact, it s just the beginning of what will be an all-electric future starting in 2030. The countdown is underway for the entire ICE lineup. This phasing out will be a gradual process and it ll get underway beginning in 2025, according to a new report from Automotive News. Here s the plan: the Cadillac XT4, XT5, and XT6 (the latter two share a platform) will all be retired in their current internal combustion form over the course of 2025 and 2026. These crossovers will be replaced with pure battery-electric models, though it s too soon to know whether all three are due for successors. The Lyriq may no longer make one of them necessary.

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