Let me know if you see it and how it changes your mood for the weekend. You can reach me at rich.gillette@coxinc.com or on X @RichGillette.
Vehicle manufacturers did well last year
General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.
What are they saying about 2024? The company predicts a small improvement this year even as it plans for lower vehicle selling prices due to increased discounts.
What does this mean for the company stocks? Shares of General Motors Co. jumped nearly 8% before the opening bell today.
Here’s what the Associated Press reported: The Detroit automaker made just over $10 billion last year, up from $8.9 billion in 2022. Excluding one-time items the company made $7.68 per share, easily surpassing the $7.57 projected on Wall Street, according to FactSet.
Here’s some history on a GM plant located in Dayton: Find the story here
Personal note: I went truck shopping in December after driving my pickup for the past 11 years. Someone forgot to tell me that trucks are now manufactured to fix your breakfast and laundry at the same time. Sale prices were between $70,000 and $80,000, just $20,000 less than my first home purchase. Let me know what you have seen in your vehicle purchase trips. And yes I’m still driving my 11-year-old truck.
5 things to know about Dayton’s economic outlook
Reporter Lynn Hulsey worked over the past month to examine and report on the economic outlook for the Dayton region, speaking to dozens of sources for it.
Outlook: Economic experts said the Dayton region should have a soft landing after a year of talk about a recession.
Here’s a short examination of Lynn’s work.
Architecture, engineering firm continues growth
Beavercreek-based architecture, engineering and geospatial company Woolpert has acquired the Miami-based firm Bermello Ajamil & Partners.
History of company: Bermello Ajamil is a full-service architecture, engineering, planning, and landscape architecture firm that specializes in services for the maritime, aviation, health care, commercial, and municipal markets.
Woolpert has been active in acquisitions in past years. You can read about them here.
Quick hits
Get a great steak at Hollywood Gaming: Restaurant will be transformed
The Twist Indian Grill’s second location near Dayton Mall opens: Offers fusion of Indian and Mexican cuisine
Bad news: UD winning streak ended Saturday. Good news: Dayton offers scholarship to top-100 2025 guard
Snow today? Here’s what you need to know about your commute
These are the intersections that make your pulse race: According to you.
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