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Warren, MI mayor offers GM deal to move headquarters, Detroit officials counter

Earlier this month, General Motors CEO Fritz Henderson said in reference to the possibility that the automaker may move its headquarters from Detroit: "We're looking at, frankly, everything within our business, but it's not like we have that queued up at the top of our list. We don't have any such plan... but if we did it would be motivated by business rationale, which would be cost, efficiency and speed." Apparently, Jim Fouts, mayor of the city of Warren, Michigan, was paying attention. In an effort to lure General Motors from its current ... Read more →

GM quits renting, buys headquarters for $626 million

One upside to a faltering real estate market is a plethora of good buys on property. General Motors took advantage of that fact by purchasing its Renaissance Center headquarters in Detroit for $626 ...

Warren, MI mayor offers GM deal to move headquarters, Detroit officials counter 6 months ago on Autoblog

Earlier this month, General Motors CEO Fritz Henderson said in reference to the possibility that the automaker may move its headquarters from Detroit: "We're looking at, frankly, everything within our business, but it's not like we have that queued up at the top of our list. We don't have any such ...

GM quits renting, buys headquarters for $626 million 1 year ago on Autoblog

One upside to a faltering real estate market is a plethora of good buys on property. General Motors took advantage of that fact by purchasing its Renaissance Center headquarters in Detroit for $626 million in cash. For another $200 million it picked up a couple of office buildings in Pontiac, too. ...








Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

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