Representatives for the automaker and Dan Gilbert's real estate firm shared details of their latest plan to get some state funding assistance.

DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.

State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."

The future that Bedrock and GM envisions for the iconic Renaissance Center also includes a park modeled off of Chicago's Millennium Park and the removal of the "Berlin Wall-like" structure that cuts off downtown from the riverwalk.

But more than money to pay for demolition, the most important ingredient in today’s debate is imagination. Detroiters need to envision what we want and need along our central waterfront, now that the RenCen is close to 90% empty.

The current wave of projects is diverse and includes medical and higher education expansions as well as residential, hospitality and office space.

Both the automaker GM and the real estate developer Bedrock have big plans for the Renaissance Center, the jewel of Detroit's skyline. Officials from both companies outlined what they want to do to the site during the city's policy conference.

Aptiv, renamed from Delphi Automotive Systems in 2017, was itself spun out as an independent parts supplier from General Motors Co. in 1999 and has the bulk of its $20 billion in annual revenue tied to automotive. That can sting when customers underperform.

The first of the two side-by-side buildings is now expected to welcome its first office and retail tenants this summer.

The Detroit Auto Show is back and we're live from the show on Friday morning in January.

WASHINGTON/DETROIT (Reuters) - Chrysler parent Stellantis is moving forward with plans to build a new midsize pickup truck in Belvidere, Illinois, the company said on Wednesday, ending months of conflict with the United Auto Workers union over delays, and strengthening its U.S. production footprint as President Donald Trump takes office.

It officially was named Hudson’s Detroit, and Bedrock inked a deal with General Motors Co. to be the anchor tenant in the office component of the development, which sits on the northern portion of the 2.3-acre site at Woodward and Grand River avenues.