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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


Wall Street Journal Original article ›
BusinessWeek Original article ›
BusinessWeek Original article ›
BusinessWeek Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
The turnaround at Ford Motor Company described in Detroit News reporter Bryce Hoffman's book "American Icon: Alan Mulally and the Fight to Save Ford Motor Company."
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
What a shock to know the city that lost its soul, and is described in Luke Bergmann's "Getting Ghost," with no jobs or hope for black teenagers ,neither in the public schools or in jobs where they can be productive. With the streets ridden with drug dealers and violence. Arab Americans run the small businesses, and what little businesses there were dimmed with the 1967 riots. And yet in the post war period right up to the recent years, Detroit was the center of the automobile industry, with its huge number of jobs in assembly plants and in auto supplier plants. That such two worlds could coexist together side by side, is itself as shocking to an outsider as the earlier story of black people in America. Drop out rates for black male teenagers at 75% before graduating in the Detroit public school system. And unemployment rates for black male teenagers approaching 30-40% in the city according to some reports. And with the situation the way it is, the country enters a period of great economic difficulty with unemployment growing in the Detroit area....
Wall Street Journal Original article ›
LyrArc Article Gist
How the efforts of parts suppliers to get back some of their pricing power is affecting car manufacturers efforts to reduce costs from purchasing parts. Collins and Aikman's decion to shut down a Ford plant on a pricing disagreement shows that parts makers at the urging of hedge fund investors are becoming assertive on pricing issues. Bankruptcy of many suppliers is also making it difficult to achieve cost reductions for Ford, GM Daimler. This will affect their efforts to reduce costs.
The New York Times Original article ›
LyrArc Article Gist
Ford Motor Company makes a huge decision to exit the sedan business by discontinuing the Ford Focus and Fusion sedan car lines. The decision was made under CEO Hackett, and CFO Shanks, and means that Ford will have no fuel efficient car lines to offer to customers. During the recovery after 2008 and the bankruptcy of Chrysler and GM fuel efficient cars were one way the auto industry in Detroit was able to come back. Ford still depended heavily on the F series truck for profits as the market improved. With the current  popularity of SUV's the U.S. automakers are once again shifting to SUV's which does not protect the American automakers in competition with Japanese automakers if the demand partly shifts back again to sedans. Toyota has retained the Corolla and Camry and continues to upgrade its sedan models offering a broader product line better able to handle shifts in consumer demand that have in the past created problems for Ford and Chrysler. Chrysler has shifted away from sedans since 2016. Mr. Hackett is a former CEO of Michigan based office furniture maker Steelcase, and it is not clear if the lessons learned over the last decade at Ford Motor in competition with the Japanese resonate under a CEO with a different background such as that of its current CEO. ...
Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
This video of former Attorney General Bill Barr shows his testimony to the US Congress on president Trump's statements that there was election fraud from voting boxes coming into Detroit at all hours and in the design of voting machines. This led to Mr. Trump saying the election was stolen. Mr. Barr says he told the president that this was "detached from reality" and he feels that it was doing "a disservice to the country."

Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
New York Times Original article ›
LyrArc Article Gist
The lessons from the British auto industry which ran through $16.5 billion in rescue money in the 70's and 80's before collapsing as German and Japanese automakers took over its markets. One of the problems was the failure of labor relations, the other was shoddy quality just when the Germans and Japanese were improving theirs aggressively. The labor relations are a problem at the Detroit automakers and quality has also been an issue with Detroit playing catchup again and again for three decades. Management's lack of vision and leadership in fuel efficiency may have struck a fatal blow, and the concentration on overseas markets at GM without foresight and vision for the American market may now be called a failed strategy. British auto experts say that Leyland controlled 36% of the British market even in the 70's before gradually going out of business and its start was even before General Motors.
NYTimes.com Original article ›
LyrArc Article Gist
The collapse of civic leadership in smaller metros and the concentration of civic leaders, educated elites in a few large Metros has the effect of increasing or accelerating the decline of smaller metros such as Baltimore, Detroit, St Louis in the US, says Edsall in the NYT. The result is the bureaucratized civic leadership. The need for headquarters locations to have many employees, and the digital revolution have accelerated these changes. Previously leaders in the community took care of their city. As this leadership declined it added to the rapid decline of these smaller metro cities in the US.

WSJ Original article ›
LyrArc Article Gist
US president Biden joins a UAW picket line in Detroit. Biden says he supports the UAW in its wage negotiations for 40% increase in wages. Workers wages are depressed because of concessions made a decade ago to ensure the survival of the US auto companies. UAW leader Shain Fawn was elected directly by the rank and file members for the first time. He has gone back to the UAW's roots for strike action, as it seeks to reverse concessions on tiered wages and address the cost of living crisis. 

New York Times Original article ›
New York Times Original article ›
BusinessWeek Original article ›
Wall Street Journal Original article ›

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