Thursday, May 28th, 2009...3:18 pm
Warren encouraging GM to move corporate HQ with tax breaks
Detroit has long been the heart of America’s automotive industry, but 2009 has been a major period of upheaval for the city, with further shocks expected to come – including the possibility that General Motors will move its corporate headquarters out of Detroit downtown area and into a neighbouring city.
Moving away from Detroit could make sense for a newly restructured GM, especially considering that a bankruptcy proceeding appears to be all but inevitable at this point and relocating the new company could do much for its public image.
One of the new sites being proposed for the GM corporate headquarters is in Warren, Michigan, which neighbours Detroit.
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