Chevrolet Sonic tells story of Detroit GM comeback
Detroit story traces GM bankruptcy in 2009 at Orion Assembly where 1700 workers stayed at stations as plants prepared to close. Four years later Sonic tops subcompact sales, GM shows $16 billion profit in three years, and U.S. auto jobs rise 27 percent to about 790,000 as the comeback gains pace.
MENTIONED IN THIS ARTICLE
Chevrolet Sonic
Detroit
Mich
Orion
General Motors
Chevrolet
Pontiac
Gerald Lang
Lang
U.S
George W. Bush
Barack Obama
December adds 155000 jobs as rate sticks at 7.8 percent
U S employers added 155 thousand jobs in December while the unemployment rate remained at 7.8 percent. November’s rate was revised up to 7.8 percent and job gains for November were raised to 161 thousand.
MENTIONED IN THIS ARTICLE
Washington
D.C
U.S
Labor Department
Paul Ashworth
Capital Economics
Retailers See Strong December Sales Lift Holiday Season
Major retailers including Costco Gap and Nordstrom reported better than expected December revenue. ICSC data show stores open at least a year rose 4.5 percent from last December, with November and December combined up 3.1 percent.
MENTIONED IN THIS ARTICLE
New York
Costco
Gap
Nordstrom
Northeast
U.S
International Council of Shopping Centers
Ken Perkins
RetailMetrics
ICSC
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