GM May Consider Move From Detroit, Leave City Motor-Less

Illustration for article titled GM May Consider Move From Detroit, Leave City Motor-Less

GM CEO Fritz Henderson acknowledged Monday the automaker's open to moving from its RenCen world headquarters along the Detroit River to save millions in taxes. Can Detroit still be called the "Motor City" without automakers?


The automaker is under pressure to cut costs by June 1st or face bankruptcy. To that end, GM's being courted by Warren Mayor James Fouts, who, later this week, plans to tout his city's lack of an income tax (versus $6 million annually in property tax payments to the City of Detroit) as a big reason to relocate GM's HQ to the company's Technical Center in the Macomb County city.

A move also would leave the Motor City without a Big Three automaker, with Dearborn, MI the home to Ford Motor Company and Auburn Hills, MI the home to Chrysler, GM was the lone holdout still located within the boundaries of the city of Detroit. Without GM, do we still call Detroit the "Motor City?"

Yes, it's still the "Motor City" but the fact that GM's even looking to leave the city is just another example of how this once-proud industrial icon-of-a-city has gone from heroic "Arsenal of Democracy" to zero. [via Detroit News]


Ash78, voting early and often

I just find it a little funny that all three of these major companies at some point packed up all their crap just to move 5-10 miles down the road.

If GM were in a little better shape, I'm sure you'd see other states offering nice incentives to move their homes a little further down the road, like Nissan to TN or VW to the DC area. I know they have a critical mass of workforce there, but how long will that last with persistent layoffs? Eventually there will probably be an absolute shortage of autoworkers in the area, once all of them have retired and/or moved away.