Detroit has been ravaged by the recession. The automotive industry in and around the city, also known as the Big Three, was hit hard, schools closed, Mayor jailed, and an unprecedented 15 % unemployment rate all in one city. Well now, enough is enough.
According to Associated Press, the United Auto Workers is finally seeing the light at the end of the tunnel. The worst of the recession is over and the automakers are getting back in the driver’s seat. UAW President Ron Gettelfinger, believes a turnaround is near because of the improving economy.
GM is planning to open a new battery plant, a Chrysler plant is adding 155 employees and another that was scheduled to close in 2010 will remain open through 2011. If that goes well, indefinitely, according to Chrysler CEO, Sergio Marchionne. Ford is converting a SUV and truck plant is being converted into a plant that builds small cars.
Read here to get your hopes up for the Motor City.