Is Detroit’s Comeback Over? Carmakers Lose Market Share Gains

Last year, everyone in the auto industry was chuffed about Detroit’s comeback. The carmakers were enjoying a healthy rebound from the bankruptcies at General Motors and Chrysler. And for a while, at least, Chrysler outsold Toyota to make the Detroit Three the Big Three again. But this year, Detroit’s market share has been slipping, and …

Midwest Memo: Google/Motorola Aftermath, Plug-in Prius, Gentex Expansion

Three stories making news across the Midwest today: Layoffs or Liftoff? That’s the question the Chicago Tribune poses today about the ramifications of Google’s purchase of Libertyville, Ill.-based Motorola Mobility. Earlier this year, the state of Illinois bestowed $117 million in incentives upon the company in order to keep its 3,300 jobs. Monday’s announcement has …