Tag Archives: Detroit

Automaker reports strong Q3 profit, reaffirms guidance in ‘major step’ for Detroit stalwart

Automaker reports strong Q3 profit, reaffirms guidance in ‘major step’ for Detroit stalwart

General Motors (GM) reported profit jumped in the third quarter, driven by record revenue and robust demand. For the quarter, GM reported revenue of $41.89 billion, just slightly below analyst expectations of $42.37 billion, but still a record amount for the automaker. GM’s adjusted third quarter EPS came in at $2.25, well ahead of expectations of $1.89, with adjusted net income jumping nearly 50% to $4.3 billion. What has surprised some on the Street is GM reaffirming its full-year EBIT… Source link

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Detroit Red Wings play most of their regulars, fall to Penguins, 3-2, in preseason

Detroit Red Wings play most of their regulars, fall to Penguins, 3-2, in preseason

Past the halfway point of exhibition season, the Detroit Red Wings used the lineup that in large part projects to be the one introduced when they open the season in 10 days. Monday’s game against the Pittsburgh Penguins at Little Caesars was marked the first time the Wings were playing after a complete day off since training camp began. It was a good test, too, as the Penguins brought a lineup that included Sidney Crosby, Evgeni Malkin and Kris Letang. The Wings topped 30 shots but played on… Source link

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Biden approves $900M for charger spending at Detroit Auto Show

Biden approves $900M for charger spending at Detroit Auto Show

A Mustang stampede and a presidential visit are on offer at this year’s Detroit Auto Show. The show, also known as the North American International Auto Show (NAIAS), usually takes place in January from the Huntington Place convention center next to the usually frozen Detroit River. But due to COVID-19 and other changes, the show was cancelled last year and moved to September. Though many automakers have been pulling away from traditional auto shows, some of the bigger automakers are still… Source link

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Mullen Automotive Announces Addition of Detroit EV Technology Team

Mullen Automotive Announces Addition of Detroit EV Technology Team

Mullen Automotive, Inc. Team will focus on EV technology development for Mullen’s portfolio of commercial vans New EV team announced for Detroit Metro Area Team to focus on Mullen’s commercial van development. BREA, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the opening of a new EV Technology team, focusing on developing EV… Source link

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Detroit Lions hire former Ohio State QB J.T. Barrett as an offensive assistant

Detroit Lions hire former Ohio State QB J.T. Barrett as an offensive assistant

Former Ohio State quarterback J.T. Barrett is back in the NFL, this time as a coach. The Detroit Lions hired Barrett as an offensive assistant Saturday. This comes almost two years after Barrett was waived by the Pittsburgh Steelers before the 2020 season. Barrett had signed with the Edmonton Elks of the Canadian Football League in January, but an injury in March forced him to the retired list. Barrett signed with the New Orleans Saints after going undrafted in 2018 following an illustrious… Source link

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JJ Redick proclaims Detroit Pistons will be NBA contenders soon

JJ Redick proclaims Detroit Pistons will be NBA contenders soon

Yes, we believe the Detroit Pistons’ future is bright. Even Cade Cunningham was impressed by general manager Troy Weaver’s 2022 NBA draft class, calling it “magic.” But JJ Redick is especially high on the team’s young core and prognosis going forward, and gave a bold prediction that Pistons fans would love to see come to fruition. The former 3-point sharpshooter and current ESPN analyst predicted on his podcast last week the Pistons will be one of the best teams in the Eastern Conference in… Source link

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Forward, Detroit Pistons agree to new 3-year, $37 million deal

Forward, Detroit Pistons agree to new 3-year, $37 million deal

Restricted free agent forward Marvin Bagley III has reached an agreement with the Detroit Pistons on a three-year, $37 million deal, league sources told Yahoo Sports on Thursday. He was traded to the Pistons last season after three-plus seasons with the Sacramento Kings and played 18 games in Detroit, averaging 14.6 points and 6.8 rebounds per game. Bagley was the second overall pick by the Sacramento Kings in the 2018 NBA draft after one season at Duke. For his career, Bagley has averaged… Source link

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Detroit Lions OL penalized for insulting Jadeveon Clowney’s mother, costing team big time

CLEVELAND — Mama said there’d be days like this, even if she had no idea she would play a key role in another Detroit Lions loss. Lions left guard Jonah Jackson was hit with a costly unsportsmanlike conduct penalty at the end of the third quarter of Sunday’s 13-10 loss to the Cleveland Browns for a verbal comment he made about Browns defensive end Jadeveon Clowney’s mother. JEFF SEIDEL: Dan Campbell went conservative this time. But the result was the same: A loss The penalty came two series… Source link

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