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.
Michigan Economic Development Corp.
Just two days ago, the State of Michigan announced it was extending its previously announced tax breaks and incentives to lure high-tech battery makers to the state to $555 million. It seems that the bait has been snatched up today as four separate battery companies have just announced plans to build new plants in Michigan. Each of the four companies are expected to be granted $100 million in state tax credits.
Unless you're trying to outrun a Corvette in a Fiesta, driving indoors is not typically recommended, what with the toxic fumes and all. Low-emissions vehicles may change that and the Detroit Auto Show's organizers will illustrate it by converting Cobo Center's Michigan Hall into a green test track. Sponsored by the Michigan Economic Development Corporation, the MEDC EcoXperience will offer show-goers the chance to drive a variety of environmentally-friendly new vehicles around a forested 1/8-mil