#jeff-donofrio

#jeff-donofrio

Rocket Companies is offering voluntary separation packages that include tenure-based severance, health benefits for up to 12 months, and transition support, including job search assistance.

Roughly one in four new openings around Milwaukee now advertise some version of hybrid work, while most roles still expect people in the office full time. The split is rippling through downtown, where vacancy rates remain stubbornly high and landlords are rethinking how to fill all that space.

We're using Formula 1 on Apple TV to show exactly how the extreme research and development tested in the world's harshest racing environments translates directly to the consumer. That's not a marketing line. It's absolutely real, drawing a line between Ford racing vehicles and the tech inside vehicles like the F-150 Raptor, Bronco Raptor and the new EV electric truck that's on its way.

Automakers are facing billions of dollars in additional costs from Trump's tariffs, particularly those levied on imported autos and car parts. Those tariffs, as well as levies targeting steel and aluminum, were implemented under a law that gives the president authority to impose import taxes on national security grounds. The duties were unaffected by the Supreme Court's ruling that struck down Trump's broader import taxes imposed on many countries.

President Donald Trump will travel to Michigan on Tuesday to promote his efforts to boost U.S. manufacturing, trying to counter fears about a weakening job market and worries that still-rising prices are taking a toll on Americans' pocketbooks. The day trip will include a tour of a Ford factory in Dearborn that makes F-150 pickups, the bestselling domestic vehicle in the U.S.

In July, home prices rose slightly from the month before, with a median listing price of $109,200. The number of listings on the market grew 4.1% from last month, which is typical for this time of the year in Detroit, and homes are also selling close to the same pace as the same time last year. Typically, home price per square foot in Detroit tend to rise in July.

Porter complained about difficulties when trying to insert lines in Excel. (Which, to be fair to Microsoft, is relatively straightforward - need to insert a row? Right-click on a selected row. Need to insert a line in text? Alt+Return is probably going to be your friend.) But then Porter turned to that other productivity stalwart, Word. "Never underestimate Microsoft's ability to make things more complicated," he said.

Stellantis said it would be selling its 49 per cent equity stake in NextStar to LG Energy Solution, in a Friday morning statement. Stellantis says it remains a committed customer and will continue to source battery products from NextStar. To date, the companies say roughly 1,300 people are employed at the Windsor plant with a long-term goal of 2,500 having employees.

Stellantis has just posted its 2025 financial results, and it's in the red for the first time since its formation in 2021. The company reported a net loss of $22.3 billion last year after it had to support $25.4 billion in unusual charges attributed to what now looks like a botched shift toward electric vehicles.

While it's appropriate to lament the lack of bipartisan cooperation in Washington, just because something's bipartisan doesn't mean it's a good idea. Exhibit A could be Senator Tammy Baldwin (D-WI) and Senator J.D. Vance's (R-OH) "Invent It Here, Make It Here" bill. Despite the name and its good intentions, it condemns promising federally funded inventions to waste away without doing a thing to build our domestic manufacturing base. It's scheduled to be considered this Thursday in the Senate Commerce, Science and Transportation Committee.

As the Detroit Three automakers have made fewer cars in Canada over the past decade, Japanese car makers have kept their Canadian footprint consistent, according to a new report. The findings by the Trillium Network for Advanced Manufacturing, a non-profit think-tank at Western University that analyzes manufacturing in Ontario, show a decline in the overall number of cars made in Canada compared to a decade ago. In 2016, 2.3 million cars were assembled in the country; by 2025, that figure fell to 1.2 million.

Shilpan Amin sits at the operational core of General Motors. As the global chief procurement and supply chain officer, his remit cuts across engineering, manufacturing, finance, and the company's vast supplier network. At GM's scale, procurement is not simply about buying parts. It determines how capital is deployed, how risk is priced and absorbed, how quickly vehicles move from design to launch, and how the company navigates geopolitical shocks while protecting long-term margins.

Mark Stephen McCollum is a respected name in the automotive world, with over 35 years of hands-on experience. Born and raised in Conroe, Texas, he grew up in a close family and learned early the value of hard work. He studied business finance at Lon Morris College and Texas A&M University, building a foundation that would carry him through a long and successful career.

Ford beat earnings estimates in three straight quarters through Q3 2025, with a stunning 367% surprise in Q1. The stock responded by going... nowhere. Up 47% over the past year but still trading at $13.60, barely above where it sat in 2016. That's the Ford pattern in a nutshell: promise without payoff, execution without escape velocity.

Ahead of its fourth-quarter and 2025 annual earnings call today, GM announced that its software and subscription business is quickly gaining steam. The automaker said that last year, it recorded $5.4 billion in deferred revenue (meaning unearned revenue over time, through a recurring service) from its various OnStar-related connected services. These include various safety systems, in-car WiFi, access to audio streaming apps and more. GM is projecting deferred revenue from software to rise to $7.5 billion in 2026.

During the automaker's Tuesday earnings call, CEO Mary Barra highlighted the rapid growth of GM's in-vehicle software and subscription business. In the past nine months, GM's software generated $2 billion, and customers have already signed up for about $5 billion in future subscriptions. The company said it now has 11 million subscribers for its OnStar safety system, up 34% from a year earlier. Another half a million customers are also paying for Super Cruise, its hands-free driver-assistance system.