GM Bankruptcy Plan Approved
Approval marks another step toward the launch of an independent, new GM.
State Attorney Generals Object to Elimination of Defect Liability Provisions in Car Company Bankruptcy Filing
According to a study released by the research firm Safety Research & Strategies, about 3,400 individuals will die or be injured in a General Motors or Chrysler vehicle due to an automotive defect in the companies’ products first year post-bankruptcy.
SURVEY RESULTS: Only One-Quarter of Readers Say Their Business is Unaffected by GM’s Bankruptcy Filing
One-third expects to see an increase.
GM Auto Dealerships Seek Special Committee from GM Bankruptcy Trustee
Bankruptcy courts should not be used to circumvent rights under state laws, says NADA.
Impact of Unsuccessful Automaker Bankruptcies on U.S. Economy is Major, Says Center for Automotive Research
New Center for Automotive Research study shows unsuccessful auto bankruptcies could spell more than 1.3 million lost jobs by the end of this year.
Metaldyne to Sell Majority of Assets through Bankruptcy Process
Company reaches non-binding agreement to sell businesses as going concerns.
White House Says Chrysler to File for Bankruptcy
Chrysler’s future seemed even more uncertain Thursday morning, as the White House announced the struggling automaker would file bankruptcy later in the day.
Survey: Nearly Half of Americans Unlikely to Buy from Automakers Considering Bankruptcy
Twenty-one percent of consumers say they definitely would not consider buying a car from an automaker considering bankruptcy, according to a new survey.
Bankruptcy Court Approves Amendment to Delphi/GM Arrangement
Pre-payments from GM will move up by one quarter.
Delphi Asks Bankruptcy Judge for Permission to Stop Retiree Health Benefits
A hearing on the request is set for Feb. 24, according to an AP report.