It's not just Germany.
From the Associated Press, January 9:
Michigan needs to confront risks to its $348 billion piece of the global automotive industry this year and move decisively toward keeping jobs, engineering and production in the state.
That message comes from Glenn Stevens, executive director of statewide industry advocacy group MichAuto that last month released a report he describes as a “call to action.”
This is “a critical time in the industry’s history,” Stevens told Bridge Michigan.
“We are at an inflection point like we’ve never seen before. We’ve got to be making changes and doing things differently to protect our signature industry and our economy as a whole.”
The concern is escalating as Michigan readies for its largest automotive celebration: The annual Detroit Auto Show, which returns to Detroit’s Huntington Place from January 17-25.
The auto industry accounts for about 20% of Michigan jobs and has a payroll of $83 billion.
The report warns Michigan must bolster its innovation economy or “be left behind.”....
....MUCH MORE
.... Business Leaders for Michigan in November released the 40-page “ Michigan in a New Era ” roadmap for state success under the next governor, who will be elected in fall 2026.
While the nation has grown, the report notes, Michigan:
- Ranks 50th in household income growth over the past 25 years
- Shows flat growth in high-wage professional jobs over 20 years, while they’ve grown 35% nationally
- Fell from 16th to 44th in fourth grade reading over 30 years
- Has one of the highest chronic school absenteeism rates in the nation....