Given the DumBO curse, the plant will file for bankruptcy soon. Certainly, after they add wind turbines to those diesels.
The sale of A123 systems to China was announced today. I’m Guessin Bronco didn’t bother to mention it while he was trying to interfere with our legitimate state government.
“Speaking at the Daimler Detroit Diesel Plant in Redford, Mich.,...”
You mean Detroit Diesel which was started by General Motors years ago, but is now owned by the Krauts? Thanks to the UAW, GM ( and the other two as well) have been “shedding” their original parts trying to continue to be viable businesess. Everybody is tooting their horns about Ford, but as I see it, Ford is in about the same fix as the two that were bailed out. Ford is closing plants all over the world to stay solvent, and has already announced that they will never build another production facility in the United States again.