AGP Executive Report
Last update: 3 hours agoCorporate Strategy: GM will move its stock listing to Nasdaq on Nov. 17, betting its technology ambitions can attract investors beyond its traditional automaker image. Shares rose after the announcement. Manufacturing & Jobs: Detroit’s Dakkota plant plans to close in two stages, eliminating 397 jobs by March 2027 after losing work on two Stellantis vehicle lines. In Grayling, Saab has held a soft opening at its munitions plant and is targeting production in May. Energy Costs: Consumers Energy is seeking a $456 million electric-rate increase in Michigan, adding to pressure on household and business bills. Retail: Michigan joined the FTC and 20 states in suing Dollar General, alleging stores repeatedly charged customers more at checkout than shelf prices. Growth & Innovation: Grand Valley State University has begun construction on its Blue Dot Innovation Lab in downtown Grand Rapids, planned to open in 2029 to build digital skills and support regional employers. Ryder is also expanding its truck rental and maintenance facility in Roseville.
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