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Detroit automakers mulling helping DIA avoid bankruptcy looting
Tue, 13 May 2014It's not really a secret that the city of Detroit is in lots and lots of trouble. Even with an emergency manager working to guide it through bankruptcy, a number of the city's institutions remain in very serious danger. One of the most notable is the Detroit Institute of Arts, a 658,000-square-foot behemoth of art that counts works from Van Gogh, Picasso, Gauguin and Rembrandt (not to mention a version of Rodin's iconic "The Thinker," shown above) as part of its permanent collection.
Throughout the bankruptcy, the DIA has been under threat, with art enthusiasts, historians and fans of the museum concerned that its expansive collection - valued between $454 and $867 million by Christie's - could be sold by the city to help square its $18.5-billion debt.
Now, though, Detroit's hometown automakers could be set to step up and help save the renowned museum. According to a report from The Detroit News, the charitable arms of General Motors, Ford and Chrysler could be set to donate $25 million as part of a DIA-initiated campaign, called the "grand bargain." As part of the deal, the DIA would seek $100 million in corporate donations as part of a larger attempt at putting together an $816-million package that would be paid to city pension funds over 20 years. Such a move would protect the city's art collection from being sold off.
CES 2018 brings a buffet of automotive tech — here's a taste
Mon, Jan 8 2018Green CES Ford GM Honda Kia Lexus Nissan Tesla Toyota Technology Emerging Technologies Gadgets Autonomous Vehicles Uber las vegas rinspeed Samsung nvidia intel harman Nio baidu
2022 Toyota Tundra Capstone and Jaguar F-Pace SVR | Autoblog Podcast #719
Fri, Mar 4 2022In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski. First they talk about driving the Jaguar F-Pace SVR and the Toyota Tundra Capstone. In news, they discuss the sinking of the Felicity Ace cargo ship with thousands of cars aboard, including VWs, Porsches and Lamborghinis, and the launch of the new Ford Mondeo in China. They also talk about the pros and cons of buying a used Cadillac ELR before digging into Jeremy's opinion on aggressive drivers. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #719 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving 2022 Jaguar F-Pace SVR 2022 Toyota Tundra Capstone Felicity Ace car carrier sinks Fifth-generation Ford Mondeo arrives at dealers in China Cadillac ELR used vehicle spotlight Opinion: Stop driving like there's a trophy at your destination Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related video:  2022 Toyota Tundra Capstone revealed