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GM's RenCen headquarters in Detroit 'at risk' without tax credits?
According to The Detroit News, General Motors has gone on record as suggesting that without state tax credits designed to keep 2,500 employees ensconced at its Detroit Renaissance Center headquarters, the automaker could pull out of Motown's skyline and into the suburbs and surrounding areas. As the story goes, transcripts from the Michigan Economic Development Corp. say that the Michigan Economic Growth Authority needs to amend a slate of already-approved tax credits to include the Renaissance Center. The requested amendment reportedly ... Read more →
Michael Moore screens new film Capitalism: A Love Story at GM RenCen [w/VIDEO] Jonny Lieberman
As Michael Moore Tweeted, "Here's a video of my first official visit inside General Motors headquarters." For you youngsters out there, before Michael Moore made Bowling for Columbine, Fahrenheit ...
Warren, MI mayor offers GM deal to move headquarters, Detroit officials counter Jeremy Korzeniewski
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 ...
Will GM consider moving its headquarters out of Detroit? [w/POLL] Chris Paukert
Yesterday's media question-and-answer session with General Motors' CEO Fritz Henderson didn't reveal much in the way of actual news, but at least one question raised a few eyebrows: "Is GM ...
Buy high, sell low: GM may unload RenCen for the cash Chris Shunk
One thing's for sure, General Motors is not very good at playing the real estate market. Last May the world's biggest automaker finally bought its world headquarters in downtown Detroit called the ...
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Quick Spin: Nissan Leaf the tip of mass market EV spear
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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 #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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