Tower closure could cost region $40 million

Traverse City - The closing of the Tower Automotive factory in Traverse City will deliver at least a $40 million wallop to the region in lost wages, dampening consumer spending and overall economic activity, according to some standard economic models. Those numbers roughly represent the cash...

2008: Year of the Used Car? Local auto dealers see shift in sales

Traverse City - Overall car and truck sales were down 35 percent July-September in Traverse City, according to industry numbers compiled by the TCBN. But you won't find local dealers driving off a cliff, particularly those dealers who specialize in used car sales. Our annual snapshot of...

Q&A with TC auto dealers

Otto Belovich, Cherry Capital/Traverse MotorsWilliam Chichester, Williams Chevrolet and Williams KiaMike Marsh, Bill Marsh Automotive GroupGary Moss, Grand Traverse AutoQ: Is anyone buying cars in this economy?Marsh: To date they have been. Our year-to-date is down very little. However, with all the news, you always...

Barn-storming: Use group nails down a plan at the Commons

TRAVERSE CITY - Work continues to move forward on a collaborative effort to bring commercial activity as well as a shared vision of sustainability to the barns and surrounding property at the Grand Traverse Commons.It's all the work of The Barns Use Group, which is...

Pressing the virtual flesh: Online networking can spur business

The challenging economy that communities such as northern Michigan are experiencing has helped legitimize at least one online activity: social networking. One web site in particular has emphasized the "networking" over the "social" and LinkedIn is becoming the online contact point of choice here. "I...