Michigan Central: The Parallel Stories of Detroit and Ford's Pride

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  • čas přidán 6. 06. 2024
  • Michigan Central Station has been closed and abandoned since the 1980s, becoming a poster child of Detroit's economic struggles. This week, Ford completed its $950 million project to restore the landmark to its former glory. Ford CEO Jim Farley, Detroit Mayor Mike Duggan, and Bloomberg's Michael Barr talked about the role of pride in Detroit and the auto industry's rise, fall, and comeback.
    #automobile #detroit
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Komentáře • 112

  • @modfus
    @modfus Před 22 dny +29

    Absolutely wonderful to see a beautiful building restored rather than demolished - let it be a symbol and inspiration for the renaissance of Detroit.

  • @Kirikenz
    @Kirikenz Před 24 dny +55

    This is the most uplifting thing I've seen in the news in a while.

  • @seriousbutfunny2
    @seriousbutfunny2 Před 21 dnem +15

    People talk Detroit down. A lot of whom have never been there. I visited right before the pandemic. The airport was gorgeous. The people could not have been nicer. And I really enjoyed my time there.
    I wish the citizen and the city all the luck in rising back from the ashes, even better than before. You got this!

  • @zetaman1984
    @zetaman1984 Před 17 dny +7

    Watching from Wales, UK and so happy to see this magnificent station restored. Detroit should be proud!

  • @manbtm1
    @manbtm1 Před 9 dny +3

    I absolutely love living in Detroit. We live in Lafayette Park in a wonderful glass, high-rise, mid-century modern and just love it here, wonderful neighborhood, extremely nice people, relatively affordable, walking distance to so many amenities, enough people around now but yet not prohibitively crazy like so many other cities , there’s so much renovation of buildings along with new construction. The city is finally getting on the right pathway. The Michigan Central Station is an absolutely outstanding facility now ,took a tour of it yesterday. So proud of Detroit. Thankyou Ford!

  • @mrxman581
    @mrxman581 Před 13 dny +3

    The building deserved to be restored, and it's wonderful to see the "can do" American spirit is alive and well even if it's a little harder to find than when I was a kid. Looking at this beautifully restored building brings out the joyous kid in me all over again. I can picture myself pulling on my mom's hand to go see the trains. Well done Detroit, very well done.

  • @b3nderman
    @b3nderman Před 12 dny +6

    THANK YOU FORD

  • @trinhnfmk
    @trinhnfmk Před 24 dny +292

    Thanks for sharing PEPE and AMS72K. 💯

  • @stickynorth
    @stickynorth Před 24 dny +23

    Love to see the train station revived but it needs ACTUAL train service to it... Aka Amtrak needs to re-occupy the station itself as well as be open to adding a streetcar extension to downtown and hopefully commuter rail too! So much potential that so far hasn't been used...

    • @Nebula1701
      @Nebula1701 Před 23 dny +2

      Ford planned for it, they are working on restoring service.

    • @Groupster
      @Groupster Před 23 dny

      @@Nebula1701 really? i've been looking for any crumb of information on the internet that says they'd do that, havent found any at all.

    • @Nebula1701
      @Nebula1701 Před 23 dny

      @@Groupster It was mentioned in a press video. Not sure what one it was.

    • @Groupster
      @Groupster Před 23 dny

      @@Nebula1701 awh man, id sure hope so, driving around SE Michigan is a nightmare lmao, would be nice to see more options and reliability in public transport one day

    • @Paolo-sw8ys
      @Paolo-sw8ys Před 22 dny

      @@Groupster ... It has definitely been talked about... Tried to find a link from a Facebook page but it would take too long... The "Wolverine Line" will take people to Toronto I believe and possibly the Chicago train will use MCS as well... The train tunnel (goes under the Detroit River and into Windsor Canada) is RIGHT THERE by the station, so using it for the Toronto-Detroit line was a no brainer and apparently is a done deal... The other cities are a question mark but it looks promising and Ford has already said that if rail service in the States ever were to come back to large volume they could/would add more platforms as needed, but that is a loooooong time from now as America is pathetically behind Asia and Europe in rail infrastructure... Let me put it this way, high speed rail infrastructure is a larger obstacle than whether MCS could install many new platforms.

  • @Withnail1969
    @Withnail1969 Před 24 dny +7

    Some amazing station buildings in America. Grand Central Station of course is legendary.

    • @ravimediatube
      @ravimediatube Před 22 dny +1

      penn station.... :(

    • @Lv-nq9qz
      @Lv-nq9qz Před 22 dny +1

      I think the original Penn Stations greatest legacy is showing other city's what they lose when they tear down old buildings like Detroits Main Station.

    • @Withnail1969
      @Withnail1969 Před 22 dny

      @@ravimediatube I'll check it out, thanks. Did it get demolished?

  • @harrypenn611
    @harrypenn611 Před 17 dny +2

    Great effort looks amazing hopefully one day I will get over here and see it from he UK

  • @bellan1vk
    @bellan1vk Před 24 dny +261

    Why everyone is talking about AMS72K?

  • @dominey
    @dominey Před 21 dnem +4

    Imagine if every major US based corporation followed Ford’s example.

  • @tomgates3390
    @tomgates3390 Před 23 dny +10

    before Ford bought it The Mouran family started having the windows replaced and started cleaning it up to make it available to Ford. and Bill Ford took the ball and ran. now gives us a super bowl

    • @onenickthomas
      @onenickthomas Před 20 dny +1

      they also let it decay with zero attention to doing any upkeep or any intention of doing anything with it. It was always a pawn.

  • @devon6623
    @devon6623 Před 23 dny +6

    There also used to be an electric railway in metro Detroit - Henry Ford bought it and destroyed all the tracks. He wanted people to buy more cars. Really awesome to see this and a great piece of Detroit history

  • @stage274
    @stage274 Před 24 dny +2

    Can’t wait for the new GT 40!

    • @antoniobabb1938
      @antoniobabb1938 Před 24 dny +3

      Because of LeMans 24h here we go again let’s go Ford beat Rarri

  • @creativemindplay
    @creativemindplay Před 24 dny +2

    5:29 "oh my gahhhd" 😅😅😅

  • @josem2468
    @josem2468 Před 17 dny

    We miss you in Detroit Michael but good to here you miss us to.

  • @JsMsti
    @JsMsti Před 24 dny +2

    ❤️❤️❤️

  • @Smart_Investing
    @Smart_Investing Před 21 dnem +3

    When are we going to start actual engineering and production for flying cars?
    We have names like JOBY (Joby aviation) and ACHR (Archer aviation) that are working on vertical aircraft transportation. I would like to see the continuation of the growth of Detroit transferring into a motor city once again, this time obviously leading us into the future with vertical transportation. We live in a new century and sometimes companies need to fail so we can innovate for better ones that can lead us into the future.
    Albert (Owner) of Smart Investing

  • @jimjohnson4084
    @jimjohnson4084 Před 22 dny +1

    DEAR BILL FORD PLEASE PUT MORE EFFORT IN TO THE COMPANY STOCK I FOLLOWED YOU LEAD WHEN YOU PURCHASED A MILLION SHARES AT 24 DOLLARS WHAT A MISTAKE ON MY PART

  • @txmao
    @txmao Před 23 dny +2

    When Jim try to answer the question of how to not make the same mistakes, I feel he lost his confidence. There is no way to quickly change the culture unless replacing with the people who has the culture you want.

  • @coupdegras107
    @coupdegras107 Před 23 dny +1

    There's no place for weakness here

  • @allenwiedl5419
    @allenwiedl5419 Před 20 dny +1

    And what are you going to do with all this office space? Are business want to move in?

  • @Alexander-vp8gc
    @Alexander-vp8gc Před 24 dny +7

    The attention to detail that Ford spent to the train station needs to carry over to its cars- Found On the Road Dead continues to have the worst auto recall numbers.

  • @SlumberSource
    @SlumberSource Před 24 dny +2

    You can see Jim well up towards the end of the interview. He's a good guy. Unfortunately Ford is carrying an obscene amount of long-term liabilities on their books. GM also. It's inevitable, that Both companies will have to merge at some point to save themselves. Not sure what will become of Dodge Stellantis. Perhaps all three should merge to stave off what's coming. It's sad to see him talk about their EV program, because nobody wants their EVs. This category will be dominated by Tesla, Hyundai and the Chinese manufacturers. Toyota has been incredibly smart and will continue to focus on hybrids and improving their ice lineup.

  • @glennnielsen8054
    @glennnielsen8054 Před 24 dny +2

    This is proof that the United States is a strong nation. What cannot stand must fall.

  • @harlanerskine
    @harlanerskine Před 23 dny +6

    high speed trains > cars

    • @ssilent8202
      @ssilent8202 Před 15 hodinami +1

      Trains are cool, but personally I honestly prefer my own car

    • @harlanerskine
      @harlanerskine Před 14 hodinami

      @@ssilent8202 Thanks for contributing to a warming planet.

  • @Zero11_ss
    @Zero11_ss Před 23 dny +1

    How does that help the city at all lol, seems like his own pet project that he gave away deals on other stuff to have these people fund for him.

  • @ericsanger4408
    @ericsanger4408 Před 23 dny +2

    Farley is lying. He also looks like Chris Farley.

  • @creativemindplay
    @creativemindplay Před 24 dny +1

    0:28 "I'm gonna give away my age"... Really? Lol cuz you don't look a day over 18 brahh. Lol jk hehe

  • @eliseaexm
    @eliseaexm Před 24 dny

    Thank you for sharing AMS72K💗 I really appreciate it

  • @jorgipogi
    @jorgipogi Před 20 dny

    It seems the Chinese are winning the car game now.

  • @jorgipogi
    @jorgipogi Před 20 dny +1

    152 Billions in debt: Ford is a sneeze away from the gutters.

  • @jorgipogi
    @jorgipogi Před 20 dny

    Better pay that big debt on your books. One downturn and you’re done.

  • @stawarskigupe
    @stawarskigupe Před 24 dny

    I am sure that AMS72K will go 100x just like you said

  • @corybynum4685
    @corybynum4685 Před 23 dny

    Can we now get amtrak to get folks in and out of the city? That would be nice.

    • @Megan-19
      @Megan-19 Před 23 dny +2

      There is an Amtrak station right downtown, we already have one.

    • @corybynum4685
      @corybynum4685 Před 23 dny

      @@Megan-19 it busses you to Ohio. There isn't an actual functioning train station.

  • @XxXenosxX
    @XxXenosxX Před 23 dny

    Trains>cars

  • @pickledgrammar7679
    @pickledgrammar7679 Před 18 dny

    Jerome Cavanagh was the one who caused the downfall, such a loser........

  • @voleilani
    @voleilani Před 24 dny

    It is funny that not everyone knows about AMS72K

  • @GnarlsDarwin
    @GnarlsDarwin Před 12 dny

    nice building....now if they could only tackle the reasons it needed to rehabilitated in the first place....else....it will just return to the shithole it was previously.

  • @philipvictoria04
    @philipvictoria04 Před 24 dny

    Bought AMS72K at 1$, I will keep it until 2025 when it reach 250$

  • @randyreadstheholyquran2342

    China eats these guys for lunch.

    • @D-from-the-D
      @D-from-the-D Před 22 dny +1

      Show me one car on the road you can buy today that's made in China and imported here.

    • @Dave05J
      @Dave05J Před 21 dnem

      Who cares about China?

  • @stickynorth
    @stickynorth Před 24 dny +1

    He lost me at low CO2 drivetrain.. Aka they are pushing hybrid cars which aren't as efficient as EV's are the most likely to actually break down or catch fire due to their complicated nature and certainly don't deliver nearly the same eco-benefits or clean experience as pure EV's... Ford is frankly treading water at best and ignorant of the future at worst despite their buzz word friendly interview which featured at least 25% of the reporter just nodding his head and smiling... SOOOOO hard hitting there Bloomberg! ;-)

    • @franciscodanconia4324
      @franciscodanconia4324 Před 22 dny

      Hybrids are the only real transitional transportation tech right now. EVs have too many downsides for too many people.

  • @markjwil
    @markjwil Před 23 dny

    Henry Ford was a Hitler-loving, anti-Semite. He received the Grand Cross of the German Eagle award from the Nazi Party in 1938 and also tried to lead an effort to have the US military fight with the Nazi's. He was also brilliant and at the same time, a very complicated man.

    • @fosbury68
      @fosbury68 Před 22 dny +2

      And he's been dead for 75 years.

    • @markjwil
      @markjwil Před 22 dny

      @@fosbury68 and that legacy continues today.

    • @3markaw
      @3markaw Před 22 dny +1

      @@markjwil In your mind only.

    • @markjwil
      @markjwil Před 22 dny

      @@3markaw it's called facts.

    • @cortezmiller1899
      @cortezmiller1899 Před 21 dnem +2

      @@markjwil Or your opinion

  • @thyslop1737
    @thyslop1737 Před 16 dny +1

    Total hype. Farley has been a disaster.

  • @maig21z
    @maig21z Před 24 dny

    My investment portfolios are Bitcoin, ETH and AMS72K