GM leaving Detroit?

Could General Motors be headed out of Detroit? These days, nothing is unthinkable. During a briefing with reporters today, General Motors CEO Fritz Henderson was asked if the company would move from its glass tower headquarters in downtown Detroit. That idea was kicked around in the local papers last week. Henderson was hardly convincing in his denial that GM could move. He said “We’re looking at everything,” but added that “we don’t have any plans” to move the headquarters. That answer has even less conviction that George H.W. Bush’s “read my lips” quote about no new taxes.

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